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Cryptopolitan 2025-04-14 16:51:52

SNX price prediction 2025-2031: Is SNX a good investment?

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 Cryptocurrency Synthetix Abbreviation SNX Current Price $0.645 Market Cap $223M Trading Volume $18.93M Circulating Supply 339.46M SNX All-time High $28.77 (Feb 14, 2021) All-time Low $0.03258 (Jan 5,2019) 24-hour High $0.6609 24-hour Low $0.6174 SNX price prediction: Technical analysis Metric Value Volatility (30-day Variation) 14.29% 50-day SMA $ 0.820281 200-day SMA $ 1.534888 Sentiment Bearish Fear & Greed Index 31 (Fear) Green Days 13/30 (43%) Synthetix price analysis TL;DR Breakdown: Synthetix Coin price analysis confirmed an uptrend at $0.645. Cryptocurrency gains up to 1.54% of its value. SNX coin prices target the next resistance at $0.884. On April 14, 2025, Synthetix Coin price analysis revealed an increasing trend in the market. The SNX/USD price has spiked up to $0.645 following the latest upturn. Side by side, the currency received up to a 1.54% boost in the day. This leads to relatively encouraging circumstances for cryptocurrency investors. SNX/USD 1-day chart: Upturn results in recovery above $0.645 The one-day price chart of Synthetix Coin confirmed an upward trend in the market. The coin value has stepped up to $0.645 over the last 24 hours. Furthermore, the declining volatility signals a lower chance of reversal in the current market trends. The distance between the Bollinger bands defines the volatility. This distance is undergoing a reduction, leading to a decreasing volatility. Moreover, the upper limit of the Bollinger Bands indicator, acting as the resistance band, has shifted to $0.884. Whereby, its lower limit, serving as the support, has moved to a low of $0.515. SNX/USD 1-day Chart. Source: TradingView The Relative Strength Index (RSI) indicator is hovering within the neutral region. Currently at 40.38 and now moving upwards, this confirms a bullish market. The ascending curve on the RSI graph reflects a rising buying activity. If the buying pressure continues to rise, the market can gain further stability. SNX/USD 4-hour chart analysis The four-hour price analysis of Synthetix Coin confirmed a bullish trend for the currency. The cryptocurrency value has increased up to $0.7601 over the span of the last four hours. Green candlesticks on the price chart signify a growing bullish strength. The Bollinger bands are widening, leading to a rise in the volatility levels. This rise in the volatility indicates chances of higher market unpredictability. Moving forward, the upper Bollinger band has shifted to $0.7673 high, marking the resistance threshold. Conversely, the lower Bollinger band has moved to a low of $0.7108, securing the support. SNX/USD 4-hour Chart. Source: TradingView The RSI indicator is situated above the neutral region for now. The indicator’s value has hiked up to index 61.99 if traced over the past four hours. This increase confirms a balanced trading setup for the investors. The buying activities have been intensifying since the early hours, leading towards stability. SNX technical indicators: Levels and action Daily simple moving averages Period Value ($) Action SMA 3 0.648997 BUY SMA 5 0.656896 SELL SMA 10 0.664731 SELL SMA 21 0.738903 SELL SMA 50 0.820281 SELL SMA 100 1.145186 SELL SMA 200 1.534888 SELL Daily exponential moving averages Period Value ($) Action EMA 3 0.623156 BUY EMA 5 0.636289 BUY EMA 10 0.677304 SELL EMA 21 0.742825 SELL EMA 50 0.887016 SELL EMA 100 1.135129 SELL EMA 200 1.44841 SELL What can we expect from the SNX price analysis next? Synthetix Coin price analysis gives out a relatively bullish prediction regarding the ongoing market trends. The SNX/USD value has sought recovery up to $0.645 in the last 24 hours. If observed from an overall perspective, the currency gained 1.54% of value today. Technical indicators give a bearish verdict with respect to the market scenario. However, the price charts continue to showcase support for the buyers. Is SNX a good investment? The Synthetix rebranding in 2018 rejuvenated the ecosystem, which has grown continually with multiple listed synths. Despite concerns over the stability of its stablecoins, SNX, the native token, is set to mark new records, as we shall explore in Cryptopolitan’s SNX price predictions from 2025 to 2031. It is expected that SNX will reach $5.18 by 2030. Why is SNX up? The cryptocurrency market is under bullish pressure, and SNX faces the same sentiment. However, it is discouraging that SNX has been following a bearish price curve after December 8, 2024, over the larger picture. The SNX price increased to $0.645 gaining 1.54% of its total value in the last few hours. What is the target price for SNX? The target price for SNX is $1.37 for the current year. Will SNX reach $5? The current price action does not justify predicting a $5 target. However, in the cryptocurrency market, things change rapidly, and if the token maintains its price levels, a recovery can be initiated. It can be expected that SNX will reach $5 by 2030. Will SNX reach $6? According to SNX price prediction, SNX will reach near the $6 level by the fourth quarter of 2031. The last time SNX was seen at the $6 level was April 2022. Will SNX reach $10? According to crypto analysts’ price predictions, SNX may not reach this level in the next five years. Considering the current market cap of the token, it seems like far target. Will SNX reach $100? No, market analysts don’t expect SNX to reach $100 during the next 10 years. How high can SNX go? The highest expected price for SNX is $6.97, which it will achieve in 2031. Does SNX have a future? SNX is trading significantly lower than its mid-December price levels, making it an ideal time for buyers to enter the market. Given its current low price and a favorable future valuation of $5.95 by the end of 2031, the asset appears to be a worthwhile investment. Recent news/ updates on SNX Synthetix released its latest weekly update, which includes 420 updates to its liquidity pools. Details are available in the podcast. Synthetix Weekly Recap! @synthetix_io ⚔️420 Pool Updates ⚔️Scam Alert ⚔️Messari Report: State of Synthetix Podcast: https://t.co/ueJaYWts6Y BLOG🔗 https://t.co/Q3ipZitezO — SNXweave (@snx_weave) March 26, 2025 On March 1, 2025, Synthetix announced new Perps markets on SNX Exchange. They include perpetual assets such as IP by StoryProtocol, Kaito by KaitoAI, and OM by Mantra Chain. New Perps markets just dropped on @SNX_Exchange : 🔹 IP by @StoryProtocol 🔹 Kaito by @KaitoAI 🔹 OM by @MANTRA_Chain 🧵🔽 pic.twitter.com/SwJEoRW8gV — Synthetix ⚔️ (@synthetix_io) March 1, 2025 SNX price prediction April 2025 This month, SNX is expected to reach a high of $0.848, with an average price of $0.796 and a minimum trading price of $0.512. Month Potential Low ($) Potential Average ($) Potential High ($) April $0.512 $0.796 $0.848 SNX price prediction 2025 The price of SNX is predicted to reach a minimum value of $0.472 by Q4 of 2025. Traders can anticipate a maximum value of $0.848 and an average trading price of $0.730. Year Potential Low ($) Potential Average ($) Potential High ($) 2025 $0.472 $0.730 $0.848 SNX price prediction 2026 – 2031 Year Potential Low ($) Potential Average ($) Potential High ($) 2026 1.68 1.91 2.13 2027 2.44 2.67 2.90 2028 3.20 3.43 3.66 2029 3.96 4.19 4.42 2030 4.73 4.96 5.18 2031 5.49 5.72 5.95 SNX price prediction 2026 The year 2026 will experience more bullish momentum. According to the SNX price prediction, it will range between $1.68 and $2.13, with an average trading price of $1.91. SNX price prediction 2027 The Synthetix price prediction climbs even higher into 2027. According to the projections, the price of SNX will range between $2.44 and $2.90, with an average of $2.67. SNX price prediction 2028 According to our SNX price prediction for 2028, we expect a maximum price of $3.66, a minimum price of $3.20, and an average price of $3.43. SNX price prediction 2029 According to the Synthetix price prediction for 2029, the price of SNX will range from $3.96 to $4.42, with an average price of $4.19. SNX price prediction 2030 The Synthetix price prediction for 2030 indicates the price will range between $4.73 and $5.18. The average price of SNX will be $4.96. SNX price prediction 2031 The Synthetix price forecast for 2031 is a high of $5.95. According to the SNX coin price prediction, it will reach a minimum price of $5.49 and average at $5.72. Synthetix (SNX) price prediction 2025 – 2031 Synthetix market price prediction: Analysts SNX price forecast Firm 2025 2026 DigitalCoinPrice $1.68 $1.96 CoinCodex $0.848 $0.695 Cryptopolitan’s Synthetix (SNX) price prediction Our analysis shows that SNX has been highly volatile since its historical listing price. It remains unpredictable at current levels, with predictions indicating it will break out higher. SNX will achieve a high of $1.27 by the end of 2025. SNX is expected to trade between $1.61 and $2.11 in 2026. In 2031, SNX will be priced between $5.38 to $5.86 with an average price of $5.63. Synthetix historic price sentiment SNX price history Kain Warwick launched Synthetix in September 2017 under Havven (HAV). The HAV Airdrop Campaign ran between 4 and 14 February 2018 and offered two million tokens for around $1 million. On November 30, 2018, Synthetic announced its rebranding from Havven. This included renaming its native token, HAV (Havven token), to SNX. The contract address did not change. It registered its lowest price at $0.03258 on January 5, 2019. Different from most mega-altcoins, SNX did not rally after launch; it consistently traded below $0.5 until the last quarter of 2019. In 2020, it made a mega rally to $7.3. In the 2021 bull cycle, it shot higher, and on February 14, it registered its all-time high at $28.77. It reversed to $5 in July before pumping again to $15 in September. In the 2022 crypto winter, SNX shed most of its value as it retreated to the $2 mark by the end of the year. In 2023, it consistently traded between $1.5 and $3 until the last quarter, when it had its break. In March 2024, SNX reached a high of $5; in July, SNX came down from the $2.01 to $1.65 range. In August 2024, the SNX token’s price dipped as low as $1.20, and September saw a maximum price of $1.71. In October 2024, SNX dipped and became rangebound. It closed the month with a $1.31 price tag, while December saw a stream of improved prices with a peak price of $3.38. During the remainder of December, SNX kept shedding its value, and it entered 2025 with a wave of correction to $1.90. The average price of the SNX token was 1.74 in January and has since corrected to $1.20 in February. In March, SNX price declined to $0.89, and in April it further descended to the $0.77 range.

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