- Bullish SNX price prediction for 2025 is $3.610 to $10.780.
- Synthetix (SNX) price might reach $50 soon.
- Bearish SNX price prediction for 2025 is $0.547.
In this Synthetix (SNX) price prediction 2025, 2026-2030, we will analyze the price patterns of SNX by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.
TABLE OF CONTENTS |
INTRODUCTION |
|
SYNTHETIX PRICE PREDICTION 2025 |
|
SNX PRICE PREDICTION 2026, 2027-2030 |
CONCLUSION |
FAQ |
Synthetix (SNX) Current Market Status
Current Price | $1.95 | 24 – Hour Price Change | 18.14% Down |
24 – Hour Trading Volume | $464.29M |
Market Cap | $672.43M |
Circulating Supply | 343.46M SNX | All – Time High | $28.77 (On February 14, 2021) |
All – Time Low | $0.03258 (On Jan 05, 2019) |
(Source: CoinMarketCap)
What is Synthetix (SNX)?
TICKER | SNX |
BLOCKCHAIN | Ethereum |
CATEGORY | DeFi |
LAUNCHED ON | September 2018 |
UTILITIES | Staking, Collateralization, Liquidity Provision, Governance, Derivatives Trading |
Synthetix (SNX) is a decentralized finance (DeFi) protocol built on the Ethereum blockchain, launched in 2018. It enables users to create and trade synthetic assets (Synths) that mirror the value of real-world assets like cryptocurrencies, commodities, and fiat currencies. By staking SNX tokens, users provide collateral that backs these synthetic assets, ensuring their stability and liquidity within the ecosystem. Synthetix aims to bring traditional financial instruments to the blockchain, offering permissionless and borderless trading. The platform plays a major role in the DeFi sector by powering decentralized exchanges and derivatives markets. Its governance is community-driven, managed through the Synthetix DAO, allowing token holders to propose and vote on upgrades. Overall, Synthetix combines staking, collateralization, liquidity, governance, and derivatives to create a robust and decentralized synthetic asset protocol that bridges the gap between traditional finance and blockchain innovation.
SNX 24H Technicals
(Source: TradingView)
Synthetix (SNX) Price Prediction 2025
Synthetix (SNX) ranks 91st on CoinMarketCap in terms of its market capitalization. The overview of the SNX price prediction for 2025 is explained below with a daily time frame.
SNX/USDT Horizontal Channel Pattern (Source: TradingView)
In the above chart, Synthetix (SNX) laid out a Horizontal Channel pattern. A horizontal channel or sideways trend has the appearance of a rectangle pattern. It consists of at least four contract points. This is because it needs at least two lows to connect, as well as two highs. Horizontal channels provide a clear and systematic way to trade by providing buy and sell points.
The longer the horizontal channel, the stronger the exit movement will be. There is frequently a price on the channel after exit. The exit often occurs at the fourth contact point on one of the horizontal channel’s lines.
At the time of analysis, the price of Synthetix (SNX) was $1.95. If the pattern trend continues, then the price of SNX might reach the resistance levels of $2.366, $2.580 and $3.035. If the trend reverses, then the price of SNX may fall to the support level of $2.142.
Synthetix (SNX) Resistance and Support Levels
The chart given below elucidates the possible resistance and support levels of Synthetix (SNX) in 2025.
SNX/USDT Resistance and Support Levels (Source: TradingView)
From the above chart, we can analyze and identify the following as resistance and support levels of Synthetix (SNX) for 2025.
Resistance Level 1 | $3.610 |
Resistance Level 2 | $10.780 |
Support Level 1 | $1.483 |
Support Level 2 | $0.547 |
SNX Resistance & Support Levels
Synthetix (SNX) Price Prediction 2025 — RVOL, MA, and RSI
The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Synthetix (SNX) are shown in the chart below.
SNX/USDT RVOL, MA, RSI (Source: TradingView)
From the readings on the chart above, we can make the following inferences regarding the current Synthetix (SNX) market in 2025.
INDICATOR | PURPOSE | READING | INFERENCE |
50-Day Moving Average (50MA) | Nature of the current trend by comparing the average price over 50 days | 50 MA = $0.915Price = $2.215 (50MA < Price) | Bullish/Uptrend |
Relative Strength Index (RSI) | Magnitude of price change;Analyzing oversold & overbought conditions | 76.401 <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 |
Synthetix (SNX) Price Prediction 2025 — ADX, RVI
In the below chart, we analyze the strength and volatility of Synthetix (SNX) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).
SNX/USDT ADX, RVI (Source: TradingView)
From the readings on the chart above, we can make the following inferences regarding the price momentum of Synthetix (SNX).
INDICATOR | PURPOSE | READING | INFERENCE |
Average Directional Index (ADX) | Strength of the trend momentum | 54.745 | Strong Trend |
Relative Volatility Index (RVI) | Volatility over a specific period | 44.91 <50 = Low >50 = High | Low Volatility |
Comparison of SNX with BTC, ETH
Let us now compare the price movements of Synthetix (SNX) with those of Bitcoin (BTC) and Ethereum (ETH).
BTC Vs ETH Vs SNX Price Comparison (Source: TradingView)
From the above chart, we can interpret that the price action of SNX is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of SNX also increases or decreases, respectively.
Synthetix (SNX) Price Prediction 2026, 2027– 2030
With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Synthetix (SNX) between 2026, 2027, 2028, 2029, and 2030.
Year | Bullish Price | Bearish Price |
Synthetix (SNX) Price Prediction 2026 | $60 | $0.4 |
Synthetix (SNX) Price Prediction 2027 | $70 | $0.3 |
Synthetix (SNX) Price Prediction 2028 | $80 | $0.2 |
Synthetix (SNX) Price Prediction 2029 | $90 | $0.1 |
Synthetix (SNX) Price Prediction 2030 | $100 | $0.09 |
Conclusion
If Synthetix (SNX) establishes itself as a good investment in 2025, this year would be favorable to the cryptocurrency. In conclusion, the bullish Synthetix (SNX) price prediction for 2025 is $10.780. Comparatively, if an unfavorable sentiment is triggered, the bearish Synthetix (SNX) price prediction for 2025 is $0.547.
If the market momentum and investors’ sentiment positively elevate, then Synthetix (SNX) might hit $50. Furthermore, with future upgrades and advancements in the SNX ecosystem, SNX might surpass its current all-time high (ATH) of $28.77 and mark its new ATH.
FAQ
1. What is Synthetix (SNX)?
Synthetix (SNX) is a decentralized finance (DeFi) protocol built on the Ethereum blockchain, launched in 2018.
2. Where can you purchase Synthetix (SNX)?
Synthetix (SNX) has been listed on numerous crypto exchanges, including Binance, Coinbase Exchange, Kraken, KuCoin, OKX, Bybit, Gate.io, Bitfinex, Crypto.com Exchange, and Uniswap (V3).
3. Will Synthetix (SNX) reach a new ATH soon?
With the ongoing developments and upgrades within the Synthetix Platform, SNX has a high possibility of reaching its ATH soon.
4. What is the current all-time high (ATH) of Synthetix (SNX)?
On February 14, 2021, SNX reached its new all-time high (ATH) of $28.77.
5. What is the lowest price of Synthetix (SNX)?
According to CoinMarketCap, SNX hit its all-time low (ATL) of $6.24 on Jan 18, 2025.
6. Will Synthetix (SNX) reach $50?
If Synthetix (SNX) becomes one of the active cryptocurrencies that maintains a bullish trend, it might rally to hit $50 soon.
7. What will be the Synthetix (SNX) price by 2026?
Synthetix (SNX) price is expected to reach $60 by 2026.
8. What will be the Synthetix (SNX) price by 2027?
Synthetix (SNX) price is expected to reach $70 by 2027.
9. What will be the Synthetix (SNX) price by 2028?
Synthetix (SNX) price is expected to reach $80 by 2028.
10. What will be the Synthetix (SNX) price by 2029?
Synthetix (SNX) price is expected to reach $90 by 2029.
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Disclaimer: The opinion expressed in this article 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/synthetix-snx-price-prediction-2/