Frontier Price Prediction 2024: FRONT Price Analysis

Key Takeaways

• Frontier (FRONT) has fallen since its all-time high in 2021 but started another upward movement in 2023.
• FRONT has corrected since its yearly high of $2,82 in March.
• Our price predictions suggest that FRONT will begin an upward movement soon.

In September 2023, the Frontier token climbed nearly 50% in less than two days. Although it fell after that, it recovered in 2024. Therefore, investors will hope FRONT can use this as a base for greater things. FRONT reached a new yearly high in March but has fallen since.

On Aug. 1, 2024, FRONT exchanged hands for $0.76.

Let’s now examine our price predictions for FRONT, made on August 1, 2024. We will also examine the FRONT price history and discuss what FRONT is and does.

Frontier Price Prediction

Here are the FRONT price predictions from CCN on Aug. 1, 2024. Price forecasts, especially for something as potentially volatile as crypto, should be taken cautiously. Our FRONT crypto price predictions will use the wave count method to predict its future movement.

We will add and remove 20% from the target price to provide a range of possible outcomes, resulting in minimum and maximum FRONT price predictions.

The FRONT price started a five-wave upward movement (black) in June 2023. Since the increase followed a long-term five-wave decline (white), it is likely to be wave A in an A-B-C structure. The sub-wave count is in black.

Giving wave C the same duration and length as wave A leads to a high of $11.50 in June 2025. By extrapolating the current trend of similarly shaped upward and downward movement, our wave count Frontier price predictions will lead to a price of $1.05 by the end of 2024.

Then, after reaching its high in June 2025, the trend is likely to reverse, giving a target of $2.50 for the end of 2025.

We use the daily rate of increase for the past two years to arrive at a FRONT price prediction for the end of 2030. In the past two years, the price of FRONT has increased at a daily rate of increase of 0.05%. Projecting this increase until the end of 2030 leads to a Frontier price prediction of $1.70 for the end of 2030.

Frontier Price Prediction for 2024

Our wave count FRONT price prediction gives a target of $1.05 for the end of 2024.

Frontier Price Prediction for 2025

Our wave count FRONT price prediction gives a target of $2.50 for the end of 2024.

Frontier Price Prediction for 2030

Using the daily rate of increase for the past two years, we arrive at a FRONT price prediction of $1.70 for the end of 2030.

FRONT Price Analysis

The daily time frame FRONT price chart shows a descent under a descending resistance trend line since the yearly high of $3.08 on March 17.

The decrease led to a low of $0.57 on April 13. Then, after a failed breakout attempt, the price of FRONT created a lower high (black icon) on June 3 and resumed its descent. So far, it has reached a low of $0.70.

Neither the MACD nor the RSI show any bullish signs. On the contrary, both are falling. The RSI is below 50, and the MACD is negative. Furthermore, the latter has made a bearish cross (black circle).

As a result of this negative sentiment, a decline until the $0.60 horizontal support area is the most likely future price outlook.

Short-Term Frontier Price Prediction

The Frontier price prediction for the next 24 hours hinges on a decline toward the $0.60 horizontal support area. If a similarly shaped rate of decline continues, the FRONT price will reach this area in the latter half of August.

The FRONT price prediction for tomorrow shows a potential decline toward $0.72.

FRONT Average True Range (ATR): FRONT Volatility

The Average True Range (ATR) measures market volatility by averaging the largest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over a period, typically 14 days. A rising ATR indicates increasing volatility, while a falling ATR indicates decreasing volatility.

On August 1, 2024, the weekly ATR for FRONT was 0.09, a sign of low volatility. The ATR has fallen since March.

FRONT Relative Strength Index (RSI): Is FRONT Oversold or Undersold?

The Relative Strength Index (RSI) is a momentum indicator traders use to determine whether an asset is overbought or oversold. Movements above 70 and below 30 show over and undervaluation, respectively. Movements above and below the 50 line also indicate if the trend is bullish or bearish.

On August 1, 2024, FRONT’s daily RSI was at 36, a sign of a bearish trend. The weekly RSI fell below 50 in July.

Best Days and Months to Buy FRONT

We examined the FRONT price history and found the lowest prices on certain days, months, quarters, and even weeks in the year, indicating the best times to buy FRONT.

FRONT Price Performance Comparisons

FRONT is a Decentralized Finance (DeFi) aggregation layer, so let’s compare it with other similar projects.

The data shows that Frontier is by far the best performer in the past year compared to similar projects.

FRONT Price History

Let’s now examine the Frontier price history. While past performance should never be taken as an indicator of future results, knowing what the token has done can help give us useful context when making or interpreting a Frontier price prediction.

2020-2021: FRONT launched in September 2020 at around $0.50. It remained around that level until early 2021, when it surged to an all-time high of $6.99 on February 17. The token then declined, ending the year at $0.69.

2022: This was a challenging year for crypto, and Frontier suffered significantly. It dropped below $0.20 in May following the Terra (LUNA) collapse. The situation worsened with the FTX (FTT) bankruptcy in November, and FRONT ended 2022 at $0.18, losing nearly 75% of its value.

2023: The year started with disappointment but saw a significant autumn rally. FRONT climbed past $0.25 in February but hit an all-time low of $0.13 on June 15 amidst market turbulence due to the SEC suing Binance and Coinbase. It rebounded, hitting $0.43 on September 26 and peaking at $0.64 the next day. The year closed with FRONT at $0.41, marking a 130% increase.

2024: Frontier continued to rise , reaching a new yearly high in March. As of August 1, the token trades at $0.75.

Frontier Market Cap

The market capitalization, or market cap, is the sum of the total number of EOS in circulation multiplied by its price. On August 1, 2024, the Frontier market cap was $66 million, making it the 518th largest crypto by that metric.

Who Owns the Most FRONT?

On August 1, 2024, one wallet held over 30% of the total supply.

Richest FRONT Wallet Addresses

On August 1, 2024, the top five richest FRONT wallet addresses   were:

• 0x164d636dd46da96468357b1c351983cc9c1f3e15. This wallet held 30,736,971 FRONT or 30.74% of the total supply.
• 0xf977814e90da44bfa03b6295a0616a897441acec. This wallet held 14,138,918 FRONT or 14.14% of the total supply.
• 0x000000000000000000000000000000000000dead. This wallet held 10,000,000 FRONT or 10% of the total supply.
• 0x6cc5f688a315f3dc28a7781717a9a798a59fda7b. This wallet held 14,138,918 FRONT or 4.29% of the total supply.
• 0x4a9e49a45a4b2545cb177f79c7381a30e1dc261f. This wallet held 4,072,580 FRONT or 4.07% of the total supply.

FRONT Supply and Distribution

Is Frontier a Good Investment?

It is difficult to tell. While FRONT has risen in 2024, we don’t know what impact the rebrand will have. Although the system does have a roadmap, large chunks of it still have yet to be carried out. 

Investors might also want to note that Frontier does not have a whitepaper. Since no technical documentation explains precisely what the platform is or does, they may want to take their money elsewhere.

As always with crypto, you should do your own research before deciding whether or not to invest in FRONT.

Will Frontier go up or down?

No one can really tell right now. While the Frontier crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind, too, that prices can and do go down as well as up. 

Should I invest in Frontier?

Before you decide whether or not to invest in Frontier, you will have to do your own research, not only on FRONT but also on related coins and tokens such as SafePal (SFP) or Trust Wallet (TWT). Either way, you will also need to make sure that you never invest more money than you can afford to lose.

Frontier (FRONT) Explained

The Frontier crypto platform is, at its heart, a wallet. People who sign up for it can access it via a private key. The system can integrate with other crypto wallets and decentralized applications (DApps). 

Frontier was founded in 2019 by a team led by crypto entrepreneurs Ravindra Kumar, Palash Jain, and Vetrichelvan Jeyapalpandy. The platform is based on the Ethereum (ETH) blockchain. 

The FRONT token supports the Frontier ecosystem.

How Frontier Works

Frontier uses native integrations, which, put simply, means that it can interact with anything Web3-related in one place. Users can access everything they need in one place. Likewise, DApps can connect with potential customers easily and quickly. 

The platform is also a blockchain aggregator. Again, this means people can work with different assets on different blockchains without having to change applications. 

The FRONT crypto supports Frontier. It pays for transactions and can be bought, sold, and traded on exchanges.

Because Frontier is based on Ethereum, it is a token, not a coin. You might see references to a Frontier coin price prediction, but these are inaccurate. 

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