Rocket Pool is a decentralized Ethereum staking platform which allows users to stake ETH on Ethereum 2.0 and rewards. It offers up to 4.33% APR for stacking. Users having any amount of ETH may join the network.
Also, a minimum of 16 ETH is required if a user wants to run their own nodes. Later they may earn commission from staking ethereum and also earn additional RPL from providing collateral that could add up to 6.36% APR after adding both.
The Rocket Pool crypto showcases a neutral outlook on the daily time frame. The price seems to be consolidating with mild volatility. The price is hovering in the range with supply zone near $35 level and demand zone near the $25 level.
The bulls and bears have sustained at the upper and lower levels due to which the RPL price is unable to find a clear direction. Moreover, the long term trend and the overall optimistic crypto market favors the bulls.
The technical indicators like EMAs point to a mixed reaction about the price trend. The RSI line is showing a bullish crossover of the SMA line indicating some positivity in the short term.
Rocket Pool Price Prediction 2023
The volume analysis shows that the trading volume surged by 139.79% and reached $19.304 Million in the past 24 hours. The RPL crypto ranks 197th among the top cryptos with a live market cap of $642.214 Million. The volume-to-market cap ratio is 3.14%, indicating low volatility in the market.
The price prediction of RPL crypto showcases a neutral outlook in the long term. The most optimistic estimate of the analysts expects the price to reach a high of $35, indicating an upside potential of over 9.16%. The pessimistic outlook of the analysts assumes a drop to $27.43.
Rocket Pool Price Prediction 2024
In the year 2024, the RPL crypto price may rise to a high of $61.70 suggesting an upside potential of over 90.10% by the year end. The lowest price up to which the crypto may surge is predicted at $43.2.
Rocket Pool Price Prediction 2025
Over the next three years, the rocket pool cryptocurrency price may incline to a high of $96.48. On the other slide the minimum value up to which the price may reach is expected as $67.8.
Rocket Pool Price Prediction 2026
The Rocket Pool cryptocurrency price may reach a high of $143.005 if an optimistic trend prevails in the crypto market. On the flip side, the pessimistic view of the analysts expects the price to reach $104.66 by 2026.
Rocket Pool Price Prediction 2027
Over the next four years the Rocket pool crypto may see a high price hike. The price may therefore reach a high of $197.52 by the year end. Whereas the lower value that the price cloud achieves is $142.38.
Rocket Pool Price Prediction 2028
The analysts are optimistic about Rocket Pool future prices and predict that the price could go up to $262.55 in the next five years. However, the pessimistic analysts expect the price to drop to $196.318.
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.
With a background in journalism, Ritika Sharma has worked with many reputed media firms focusing on general news such as politics and crime. She joined The Coin Republic as a reporter for crypto, and found a great passion for cryptocurrency, Web3, NFTs and other digital assets. She spends a lot of time researching and delving deeper into these concepts around the clock, and is a strong advocate for women in STEM.
Source: https://www.thecoinrepublic.com/2023/12/28/rocket-pool-price-rpl-crypto-forecast-for-2025-and-beyond/