- Bullish ID price prediction for 2024 is $0.55950 to $0.77874.
- Space ID (ID) price might reach $1 soon.
- Bearish ID price prediction for 2024 is $0.25581.
In this Space ID (ID) price prediction 2024, 2025-2030, we will analyze the price patterns of ID by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.
TABLE OF CONTENTS |
INTRODUCTION |
|
SPACE ID (ID) PRICE PREDICTION 2024 |
|
| SPACE ID (ID) PRICE PREDICTION 2025, 2026-2030 |
| CONCLUSION |
| FAQ |
Space ID (ID) Current Market Status
| Current Price | $0.5208 | 24 – Hour Price Change | 4.48% Up |
| 24 – Hour Trading Volume | $275,715,663 |
| Market Cap | $241,862,689 |
| Circulating Supply | 467,245,041 ID | All – Time High | $1.03 (On Apr 18, 2023) |
| All – Time Low | $0.1713 (On Oct 20, 2023) |
(Source: CoinMarketCap)
What is Space ID (ID)
| TICKER | ID |
| BLOCKCHAIN | BNB Chain |
| CATEGORY | Governance Token |
| LAUNCHED ON | March 2023 |
| UTILITIES | Governance, Staking, & Rewards in NFT Domine |
Space ID (ID) functions as a decentralized identity, akin to a unique username across web3 platforms, streamlining user experiences. SPACE ID is building a universal name service network, offering a one-stop identity platform for web3 domain management. ID token, the governance token of SPACE ID, enables users to influence project decisions, participate in governance, and stake for discounts and payments within the ecosystem, fostering its growth and sustainability.
Space ID 24H Technicals
Space ID (ID) Price Prediction 2024
Space ID (ID) ranks 195th on CoinMarketCap in terms of its market capitalization. The overview of the Space ID price prediction for 2024 is explained below with a daily time frame.
In the above chart, Space ID (ID) laid out a Rounding Bottom. A rounding bottom is a chart pattern in technical analysis that resembles the shape of a “U”. It appears after a prolonged downward trend in prices and suggests a potential reversal in the long-term direction of the market. This pattern can take several weeks to months to form and is considered rare by many traders.
Initially, the downward slope of a rounding bottom indicates an oversupply of the asset, causing prices to decline. However, as prices reach a low point, buyers begin to enter the market, increasing demand and leading to a reversal in the trend. Once the rounding bottom pattern is complete, the asset typically breaks out and continues its upward movement.
Overall, the rounding bottom pattern indicates a shift in market sentiment from bearish to bullish, signaling a positive reversal in investor expectations and momentum.
At the time of analysis, the price of Space ID (ID) was recorded at $0.51089. If the pattern trend continues, then the price of ID might reach the resistance level of $0.57248 and $1.86958. If the trend reverses, then the price of ID may fall to the support of $0.27022 and $0.15697.
Space ID (ID) Resistance and Support Levels
The chart given below elucidates the possible resistance and support levels of Space ID (ID) in 2024.
From the above chart, we can analyze and identify the following as resistance and support levels of Space ID (ID) for 2024.
| Resistance Level 1 | $0.55950 |
| Resistance Level 2 | $0.77874 |
| Support Level 1 | $0.37172 |
| Support Level 2 | $0.25581 |
ID Resistance & Support Levels
Space ID (ID) Price Prediction 2024 — RVOL, MA, and RSI
The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Space ID (ID) are shown in the chart below.
From the readings on the chart above, we can make the following inferences regarding the current Space ID (ID) market in 2024.
| INDICATOR | PURPOSE | READING | INFERENCE |
| 50-Day Moving Average (50MA) | Nature of the current trend by comparing the average price over 50 days | 50 MA = $0.30930 Price = $0.50753 (50MA < Price) | Bullish/ Uptrend |
| Relative Strength Index (RSI) | Magnitude of price change;Analyzing oversold & overbought conditions | 77.82181 <30 = Oversold 50-70 = Neutral >70 = Overbought | Overbought |
| Relative Volume (RVOL) | Asset’s trading volume in relation to its recent average volumes | Below cutoff line | Weak volume |
Space ID (ID) Price Prediction 2024 — ADX, RVI
In the below chart, we analyze the strength and volatility of Space ID (ID) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).
From the readings on the chart above, we can make the following inferences regarding the price momentum of Space ID (ID).
| INDICATOR | PURPOSE | READING | INFERENCE |
| Average Directional Index (ADX) | Strength of the trend momentum | 24.72788 | Strong Trend |
| Relative Volatility Index (RVI) | Volatility over a specific period | 43.89 <50 = Low | Low volatility |
Comparison of ID with BTC, ETH
Let us now compare the price movements of Space ID (ID) with that of Bitcoin (BTC), and Ethereum (ETH).
From the above chart, we can interpret that the price action of ID is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of ID also increases or decreases respectively.
Space ID (ID) Price Prediction 2025, 2026 – 2030
With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Space ID (ID) between 2025, 2026, 2027, 2028, 2029, and 2030.
| Year | Bullish Price | Bearish Price |
| Space ID (ID) Price Prediction 2025 | $0.72 | $0.35 |
| Space ID (ID) Price Prediction 2026 | $0.77 | $0.28 |
| Space ID (ID) Price Prediction 2027 | $0.83 | $0.24 |
| Space ID (ID) Price Prediction 2028 | $0.87 | $0.20 |
| Space ID (ID) Price Prediction 2029 | $0.95 | $0.18 |
| Space ID (ID) Price Prediction 2030 | $1 | $0.17 |
Conclusion
If Space ID (ID) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Space ID (ID) price prediction for 2024 is $0.77874. Comparatively, if unfavorable sentiment is triggered, the bearish Space ID (ID) price prediction for 2024 is $0.25581.
If the market momentum and investors’ sentiment positively elevate, then Space ID (ID) might hit $1. Furthermore, with future upgrades and advancements in the Space ID ecosystem, ID might surpass its current all-time high (ATH) of $1.03 and mark its new ATH.
FAQ
1. What is Space ID (ID)?
Space ID (ID) is a decentralized identity platform facilitating seamless management of web3 domains and user identities.
2. Where can you purchase Space ID (ID)?
Space ID (ID) has been listed on many crypto exchanges which include Binance, OKX, Bybit, Bitunix, and BingX.
3. Will Space ID (ID) reach a new ATH soon?
With the ongoing developments and upgrades within the Space ID Platform, ID has a high possibility of reaching its ATH soon.
4. What is the current all-time high (ATH) of Space ID (ID)?
On April 18, 2023, ID reached its new all-time high (ATH) of $1.03. $1.03.
5. What is the lowest price of Space ID (ID)?
According to CoinMarketCap, ID hit its all-time low (ATL) of $0.1713 on October 20, 2023.
6. Will Space ID (ID) reach $1?
If Space ID (ID) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $1 soon.
7. What will be Space ID (ID) price by 2025?
Space ID (ID) price is expected to reach $0.72 by 2025.
8. What will be Space ID (ID) price by 2026?
Space ID (ID) price is expected to reach $0.77 by 2026.
9. What will be Space ID (ID)price by 2027?
Space ID (ID) price is expected to reach $0.83 by 2027.
10. What will be Space ID (ID)price by 2028?
Space ID (ID) price is expected to reach $0.87 by 2028.
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Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
Source: https://thenewscrypto.com/space-id-id-price-prediction/