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 | $1.403 |
| Market Cap | $572.56M |
| Trading Volume | $36.52M |
| Circulating Supply | 339.46M SNX |
| All-time High | $28.77 (Feb 14, 2021) |
| All-time Low | $0.03258 (Jan 5,2019) |
| 24-hour High | $1.64 |
| 24-hour Low | $1.40 |
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 downtrend at $1.403.
- Cryptocurrency has devalued up to 12.27 percent value today.
- SNX coin prices are targeting the next support around $1.385.
On January 27, 2025, Synthetix coin price analysis revealed a decreasing trend for the currency. Coin value has dropped down to a $1.403 low from the previous close. Side by side, the cryptocurrency lost 12.27 percent of its value during the day. The Bears held a strong lead throughout the past week and successfully defended their position today.
SNX/USD 1-day chart: Cryptocurrency devalues to $1.403 amidst downside
The one-day price chart of Synthetix coin confirmed a downward trend for the currency. SNX/USD value has depreciated to a $1.403 low in the last 24-hours. Red candlesticks on the one-day price chart mark rising selling pressure.
The distance between the Bollinger bands defines the market volatility. This distance is widening, which marks a rising volatility. Moving on, the upper band of the Bollinger bands indicator, acting as the resistance, has shifted to $2.002. Whereby, the lower Bollinger band, which was serving as a support previously, has moved to $1.441.
The Relative Strength Index (RSI) indicator is close to the oversold area. Currently at 32.26, and still moving downward, this marks a decreasing trend. The selling activities remained higher than the buying activities today. This descending price movement signifies an unbalanced trading setup.
SNX/USD 4-hour chart analysis
The four-hour price analysis of the Synthetix coin also confirmed a downward trend for the currency. Coin value has plunged to $1.403 low over the past few hours. The red candlesticks on the four-hour price chart signifies bearish pressure.
The Bollinger bands are widening, resulting in rising volatility. The expanding volatility signifies a higher market unpredictability in the coming hours. Moving on, the upper Bollinger band has shifted to a $1.705 high, indicating the resistance. Conversely, the lower Bollinger band has moved to the $1.443 low, chasing the falling price.
The RSI indicator has dipped into the oversold region. Its value has decreased to 27.71 and is still moving downward, this marks a bearish trend. The descending curve on the RSI graph signifies a present selling momentum. If the buying activities return, the RSI value can escape the oversold threshold.
SNX technical indicators: Levels and action
Daily simple moving averages
| Period | Value ($) | 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 highly bearish prediction concerning the ongoing market events. Coin value has deteriorated to $1.403 low from the previous close. Side by side, the cryptocurrency lost up to 12.27 percent of value during the day. Red candlesticks on the one-day price chart signify a rising bearish pressure. Technical indicators and price charts continue to give out selling signals.
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 $1.403; moreover, it has lost up to 12.27% 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.
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 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
- 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.
Source: https://www.cryptopolitan.com/snx-price-prediction/