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Cryptocurrency News Articles
SNX Price Prediction: The average SNX price prediction for 2025 is $0.730.
Apr 21, 2025 at 04:05 am
The average SNX price prediction for 2025 is $0.730. In 2028, it will range between $3.20 and $3.66, with an average price of $3.43.
Key takeaways:
The average SNX price prediction for 2025 is $0.730.
In 2028, it will range between $3.20 and $3.66, with an average price of $3.43.
In 2031, it will range between $5.49 and $5.95, with an average price of $5.72.
SNX is the native token for the Synthetix Network and is used for governance. It is listed on top exchanges like Binance, Uniswap, Coinbase, OKX, and Bybit. Synthetic is a decentralized protocol that allows you to create and transact synthetic tokens on the Ethereum blockchain.
Is SNX a good investment? Will it go up? Where will it be in five years? Let’s get into the SNX price prediction and technical analysis.
Overview
CryptocurrencySynthetixAbbreviationSNXCurrent Price$0.6377Market Cap$217.24MTrading Volume$17.33MCirculating Supply339.46M SNXAll-time High$28.77 (Feb 14, 2021)All-time Low$0.03258 (Jan 5,2019)24-hour High$0.663424-hour Low$0.6261
SNX price prediction: Technical analysis
MetricValueVolatility (30-day Variation)15.28%50-day SMA$0.788867200-day SMA$1.498116SentimentBearishFear & Greed Index0Green Days14/30 (47%)
Synthetix price analysis
TL;DR Breakdown:
Synthetix Coin price analysis confirmed a downtrend at $0.6377.
Cryptocurrency has lost 0.94% of its value.
SNX coin prices are seeking a support level at $0.523.
On April 20, 2025, Synthetix Coin price analysis revealed a decreasing trend for the cryptocurrency. Coin value has dropped down to $0.6377, a low in the past 24 hours. At the same time, the currency has devalued up to 0.94% in the day. This marks unfavorable conditions for the investors, as the bears are now back on track.
SNX/USD 1-day chart: SNX devalues to $0.6377 amidst a bearish strike
The one-day price chart of Synthetix Coin confirmed a declining trend in the market. The SNX/USD value has depreciated to the $0.6377 marker through the day. The decreasing volatility signifies a relatively lower chance of an upcoming reversal.
The distance between the Bollinger bands determines the market volatility. This distance is experiencing a reduction, marking a receding volatility. Moving forward, the upper limit of the Bollinger Bands indicator, acting as the resistance band, has shifted to $0.835. Whereby, its lower limit, serving as the support, has moved to $0.5237.
SNX/USD 1-day Chart. Source: TradingView
The Relative Strength Index (RSI) indicator is situated below the neutral region. The indicator’s value has been reduced to index 38.73 over the last 24 hours. The declining curve on the RSI graph signifies a bearish victory. Furthermore, the market conditions can experience further instability if the bears continue to lead.
SNX/USD 4-hour chart analysis
The four-hour price analysis of Synthetix Coin refers to an increasing trend in the market. Coin value has recovered up to $0.639, if observed in the last four hours. A green candlestick on the price chart signals a rising buying pressure for the investors.
The Bollinger bands are widening, leading to a rising volatility. This rise in the volatility signifies a higher chance of reversal soon. Moreover, the upper Bollinger band has shifted to $0.648, indicating the resistance threshold. Conversely, the lower Bollinger band has moved to $0.613, securing the support.
SNX/USD 4-hour Chart. Source: TradingView
The RSI indicator is situated in the neutral region for now. Its value has improved up to index 52.95 over the span of the last four hours. This ascent represents a rising stability within the market. The buying activities are growing, as reflected by the upturn in the past few hours.
SNX technical indicators: Levels and action
Daily simple moving averages
PeriodValue ($)ActionSMA 3 0.632958BUYS
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