Key takeaways : The average SNX price prediction for 2025 is $3.15. In 2028, it will range between $8.81 and $10.07, with an average price of $9.44. In 2031, it will range between $15.11 and $16.37, with an average price of $15.74. 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 $1.797 Market Cap $608.71M Trading Volume $24.05M Circulating Supply 339.46M SNX All-time High $28.77 (Feb 14, 2021) All-time Low $0.03258 (Jan 5,2019) 24-hour High $1.84 24-hour Low $1.76 SNX price prediction: Technical analysis Metric Value Volatility (30-day Variation) 18.20% 50-day SMA $ 2.32 200-day SMA $ 1.824 Sentiment Bearish Fear & Greed Index 70 (Greed) Green Days 14/30 (47%) Synthetix price analysis TL;DR Breakdown Synthetix coin price analysis confirmed a declining trend at $1.797. Cryptocurrency has gained up to 0.71% of value from its previous close. SNX coin prices are targeting next resistance around $2.322 high. On January 11, 2025, Synthetix coin price analysis confirmed a declining market trend for the cryptocurrency. Coin value has dropped down to $1.797 low over the past 24-hours. Side by side, the cryptocurrency gained up to 0.71% of value. The overall market sentiment remains bearish, however, the price charts continue to support the bulls. SNX/USD 1-day chart: SNX value drops to $1.797 amidst descent The one-day price chart of Synthetix coin revealed a decreasing trend for the currency. SNX/USD value has been reduced to $1.797 low during the day. As the volatility is rising, there is a higher chance of a reversal soon. The distance between the Bollinger bands determines the market volatility. Currently, this distance is expanding, leading to a rising volatility. Moreover, the upper band of the Bollinger bands indicator, acting as the resistance, has shifted to $2.322. Conversely, the lower band of the Bollinger bands indicator, serving as the support, has moved to $1.749. SNX/USD 1-day Chart. Source: TradingView The Relative Strength Index (RSI) indicator is situated below the neutral region. Its value has declined to index 37.14 over the past 24-hours. The descending curve on the RSI graph situated the market in an unstable zone. The selling activities remained higher as compared to the buying activities, leading to a considerable loss. SNX/USD 4-hour chart analysis The four-hour Synthetix coin price chart confirmed a downward market trend for the currency. SNX/USD value has depreciated to $1.797 low in the past few hours. Red candlestick on the four-hour price chart indicates a bearish momentum. The Bollinger bands are converging, leading to a declining market volatility. This decline in the volatility is suggestive of a lower market unpredictability. Moving ahead, the upper Bollinger band has shifted to $1.882, indicating the resistance. Whereas, the lower Bollinger band has moved to $1.762, securing the support. SNX/USD 4-hour Chart. Source: TradingView The RSI indicator is present below the neutral area. Its value has deteriorated to index 39.08 low in the past few hours. The decreasing curve on the indicator’s graph signifies bearish strength. The selling activities remained higher than the buying activities, indicating an unbalanced trading set up. SNX technical indicators: Levels and action Daily simple moving averages Period Value ($) Action SMA 3 2.38 SELL SMA 5 2.34 SELL SMA 10 2.21 SELL SMA 21 2.35 SELL SMA 50 2.32 SELL SMA 100 1.907876 BUY SMA 200 1.82449 BUY Daily exponential moving averages Period Value ($) Action EMA 3 2.26 SELL EMA 5 2.42 SELL EMA 10 2.61 SELL EMA 21 2.64 SELL EMA 50 2.34 SELL EMA 100 2.07 BUY EMA 200 2.07 BUY What can we expect from SNX price analysis next? Synthetix coin price analysis gives out a bearish prediction regarding the ongoing market events. SNX/USD value has decreased to $1.797 low over the past 24-hours. On the other side, the cryptocurrency gained up to 0.71% of value from its previous close. Technical indicators as well as the price charts continue to showcase support for the bears. 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 2024 to 2030. It is expected that SNX will reach $44 by 2030. Why is SNX down? The cryptocurrency market is under bearish pressure, and SNX faces the same sentiment. However, it is discouraging that SNX is one of the best performers and has maintained its price level after December 21, 2024. The SNX price has decreased to $1.797; moreover, it has gained up to 0.71% of its value in the last 24 hours. 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 2026. Will SNX reach $10? According to SNX price prediction, SNX will reach the $10 level by the fourth quarter of 2028. The last time SNX was seen at the $10 level was November 2021. Will SNX reach $100? According to crypto analysts’ price predictions, SNX may not reach this level in the next ten years. Considering the current market cap of the token, it seems like $100 is too far-fetched. Does SNX have a good long-term 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 $16.37 by the end of 2031, the asset appears to be a worthwhile investment. Recent news/ updates on SNX Synthetix announced that new Perps markets are now live on the SNX Exchange, secured by Pyth Network price feeds on Base, an Ethereum Layer 2 blockchain network developed by Coinbase. New Perps markets are now live on @SNX_Exchange , secured by @PythNetwork price feeds on @Base : 💨 $FARTCOIN @FartCoinOfSOL by @truth_terminal ⚙️ $KMNO by @KaminoFinance Learn more 🧵 🔽 pic.twitter.com/SPdhIm1r8e — Synthetix ⚔️ (@synthetix_io) December 30, 2024 SNX price prediction January 2025 This month, SNX is expected to reach a high of $2.895, with an average price of $2.240 and a minimum trading price of $1.581. Month Potential Low ($) Potential Average ($) Potential High ($) January $1.581 $2.240 2.895 SNX price prediction 2025 The price of SNX is predicted to reach a minimum value of $2.52 by Q4 of 2025. Traders can anticipate a maximum value of $1.52 and an average trading price of $3.15. Year Potential Low ($) Potential Average ($) Potential High ($) 2025 $2.52 $3.15 $1.52 SNX price prediction 2026 – 2031 Year Potential Low ($) Potential Average ($) Potential High ($) 2026 4.62 5.25 5.87 2027 6.71 7.34 7.97 2028 8.81 9.44 10.07 2029 10.91 11.54 12.17 2030 13.01 13.64 14.27 2031 15.11 15.74 16.37 SNX price prediction 2026 The year 2026 will experience more bullish momentum. According to the SNX price prediction, it will range between $4.62 and $5.87, with an average trading price of $5.25. SNX price prediction 2027 The Synthetix price prediction climbs even higher into 2027. According to the projections, the price of SNX will range between $6.71 and $7.97, with an average of $7.34. SNX price prediction 2028 According to our SNX price prediction for 2028, we expect a maximum price of $10.07, a minimum price of $8.81, and an average price of $9.44. SNX price prediction 2029 According to the Synthetix Network price prediction for 2029, SNX will reach a maximum and minimum price of $12.17 and $10.91, respectively, with a year-round average price of Synthetix of $11.54. SNX price prediction 2030 The Synthetix SNX price prediction for 2030 indicates a price range of $13.01 and $14.27 and an average price of $13.64. This prediction also hinges on the global recognition and adoption of blockchain technology. SNX price prediction 2031 The Synthetix price forecast for 2031 is a high of $16.37. The minimum price for the year will be $15.11, and the average will be $15.74. Synthetix (SNX) price prediction 2025 – 2031 Synthetix market price prediction: Analysts SNX price forecast Firm 2025 2026 Changelly $2.45 $3.57 DigitalCoinPrice $4.58 $5.35 CryptoPredictions $3.26 $4.769 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 $3.64 by the end of 2025. SNX is expected to trade between $3.91 and $4.89 in 2026. In 2031, SNX will be priced between $13.95 to $14.83 with an average price of $12.69. 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. At the start of 2025, SNX/USD is trading near the $2.10 level.
