Key Takeaways:

• Looking ahead to 2025, predictions suggest the average price of SNX could be around $0.730.
• Fast forward to 2028, and things get interesting! Estimates place SNX between $3.20 and $3.66, averaging out at approximately $3.43.
• As we head into 2031, projections indicate a further rise, with SNX potentially fluctuating between $5.49 and $5.95, and settling at an average price of about $5.72.

Let’s quickly introduce SNX! It’s the token that powers the Synthetix Network and is used for making important decisions about the platform (governance). You can find it on major exchanges like Binance, Uniswap, Coinbase, OKX, and Bybit. Synthetix itself? Think of it as a cool, decentralized way to create and trade synthetic tokens right on the Ethereum blockchain.

So, the big questions everyone’s asking: Is SNX a smart investment? Could its value increase? And where might it be in the next five years? Let’s dive into the SNX price predictions and take a look at some technical analysis to get a better understanding.

Overview

SNX Price Prediction: Technical Analysis

Synthetix Price Analysis

Quick Look (TL;DR):

• Synthetix Coin’s latest price analysis confirms an upward move, currently sitting at $0.645.
• The cryptocurrency has seen a positive jump, increasing by up to 1.54% in value.
• Looking ahead, SNX coin prices are aiming for the next resistance level around $0.884.

Synthetix Coin’s price action on April 14, 2025, signals a definite upward trend in the market. Following this recent positive shift, the SNX/USD price has climbed to $0.645. Adding to the positive momentum, the cryptocurrency has also gained as much as 1.54% in value today. This paints a somewhat optimistic picture for those investing in SNX.

SNX/USD 1-Day Chart: Recovery Gains Traction Above $0.645

Analyzing the daily price chart for Synthetix Coin, we can see that the market is indeed trending upwards. Over the past 24 hours, the coin’s value has risen to $0.645. Furthermore, a decrease in volatility hints that the current market trends might be here to stay for a bit.

Volatility is measured by the space between the Bollinger bands, and this space is currently narrowing, indicating reduced volatility. Looking at the Bollinger Bands indicator more closely: the upper band, which acts as resistance, has shifted to $0.884, while the lower band, providing support, has moved down to $0.515.

The Relative Strength Index (RSI) is currently positioned in neutral territory, sitting at 40.38 and trending upwards, which further reinforces a bullish market sentiment. The upward curve on the RSI chart suggests increased buying interest. If this buying momentum continues to build, we could see even greater market stability.

SNX/USD 4-Hour Chart Analysis

A closer look at the four-hour price analysis for Synthetix Coin also points to a bullish trend. The cryptocurrency’s value has climbed to $0.7601 over the last four hours, and the presence of green candlesticks on the price chart visually confirms growing bullish strength.

Interestingly, the Bollinger bands are expanding in this shorter timeframe, suggesting an increase in volatility. This heightened volatility could mean more unpredictable market swings in the near term. Currently, the upper Bollinger band is at $0.7673, acting as the immediate resistance level, while the lower band has moved to $0.7108, establishing a new support point.

The RSI indicator on the 4-hour chart is also above the neutral zone. Over the past four hours, it has risen to an index value of 61.99. This upward movement suggests a balanced trading environment for investors, with buying activity picking up since earlier in the day, contributing to market stability.

SNX Technical Indicators: Levels and Action

Daily Simple Moving Averages

Daily Exponential Moving Averages

What Can We Expect Next from the SNX Price Analysis?

The latest Synthetix Coin price analysis suggests a generally bullish outlook for the current market trends. SNX/USD has seen a recovery, reaching $0.645 in the last 24 hours. Looking at the bigger picture, the currency has gained 1.54% in value today alone. While technical indicators are currently leaning towards a bearish perspective on the overall market scenario, the price charts continue to show encouraging signs for buyers.

Is SNX a Good Investment?

Synthetix got a fresh start with its rebranding back in 2018, and since then, its ecosystem has been steadily growing, with more and more synthetic assets being listed. Even though there have been some questions about the stability of their stablecoins, SNX, the core token, is predicted to hit new highs. We’ll explore these exciting possibilities further with Cryptopolitan’s SNX price predictions spanning from 2025 all the way to 2031. Notably, it’s anticipated that SNX could reach $5.18 by 2030.

Why is SNX Up Right Now?

The broader cryptocurrency market is experiencing bullish momentum, and SNX is getting caught up in this positive wave. However, it’s worth noting that, from a wider perspective, SNX has been on a downward price trend since December 8, 2024. Despite this longer-term bearishness, the SNX price has recently bounced back, climbing to $0.645 and adding 1.54% to its total value in just the last few hours.

What’s the Target Price for SNX?

For the current year, the expected target price for SNX is $1.37.

Could SNX Reach $5?

Based on current price movements, a $5 target might seem ambitious right now. However, in the fast-moving world of crypto, things can change rapidly! If the token can maintain its current price levels and build from there, a significant recovery could indeed take place. In fact, projections suggest SNX could potentially reach the $5 mark by 2030.

Will SNX Hit $6?

According to SNX price predictions, we could see SNX approach the $6 level by the final quarter of 2031. The last time SNX was trading around $6 was back in April 2022.

Is $10 in Sight for SNX?

Crypto analysts’ price predictions suggest that reaching $10 might be a bit further off, possibly beyond the next five years. Considering the token’s current market capitalization, it appears to be quite an ambitious target in the near term.

Can SNX Possibly Reach $100?

No, market analysts aren’t anticipating SNX to reach $100 within the next decade.

What’s the Potential High for SNX?

The highest predicted price for SNX is around $6.97, expected to be achieved in 2031.

Does SNX Have a Promising Future?

SNX is currently trading at levels considerably lower than its mid-December prices, which could be seen as a good entry point for buyers. Considering its current lower price point and a positive future valuation of $5.95 projected by the end of 2031, SNX appears to be a potentially worthwhile investment to consider.

Recent News & Updates on SNX

• Synthetix just dropped their latest weekly update, and it’s packed with news, including 420 updates to their liquidity pools! You can catch all the details in their podcast.

• On March 1, 2025, Synthetix announced exciting new Perps markets on SNX Exchange! These include perpetual assets from emerging projects like IP by StoryProtocol, Kaito by KaitoAI, and OM by Mantra Chain.

SNX Price Prediction for April 2025

Looking at April 2025, SNX is expected to reach a potential high of $0.848. On average, the price is predicted to be around $0.796, with a possible low point of $0.512 for trading.

SNX Price Prediction for 2025

For the full year of 2025, predictions suggest the price of SNX could dip to a minimum of $0.472 by the fourth quarter. However, traders might also see a maximum value of $0.848, with the average trading price settling around $0.730.

SNX Price Predictions for 2026 – 2031

SNX Price Prediction for 2026

2026 is expected to bring even more bullish momentum for SNX. Price predictions for SNX in 2026 range from $1.68 to $2.13, with an average expected trading price of $1.91.

SNX Price Prediction for 2027

The price forecast for Synthetix continues to climb as we move into 2027. Projections suggest SNX prices will fluctuate between $2.44 and $2.90, with an average price of around $2.67.

SNX Price Prediction for 2028

Our SNX price prediction for 2028 anticipates a maximum price of $3.66, with a potential minimum price of $3.20, and an average price of $3.43.

SNX Price Prediction for 2029

Looking at 2029, the Synthetix price prediction estimates a range of $3.96 to $4.42 for SNX, with an average price of $4.19.

SNX Price Prediction for 2030

The Synthetix price prediction for 2030 indicates that the price will likely range between $4.73 and $5.18. The average price of SNX is expected to be around $4.96.

SNX Price Prediction for 2031

The Synthetix price forecast for 2031 sets a high target of $5.95. SNX coin price predictions suggest it could reach a minimum price of $5.49 and average out at $5.72.

Synthetix Market Price Prediction: Analyst SNX Price Forecasts

Cryptopolitan’s Synthetix (SNX) Price Prediction

Our analysis indicates that SNX has shown significant volatility right from its initial listing. It remains somewhat unpredictable in the current market, but projections suggest a potential breakout upwards. We anticipate SNX reaching a high of $1.27 by the end of 2025. Looking further ahead to 2026, SNX is expected to trade somewhere between $1.61 and $2.11. By 2031, we forecast SNX to be priced between $5.38 and $5.86, with an average price of $5.63.

Synthetix Historic Price Sentiment

• Synthetix was first launched in September 2017 by Kain Warwick under the name Havven (HAV).
• The initial HAV Airdrop Campaign took place from February 4th to 14th, 2018, offering two million tokens for around $1 million.
• On November 30, 2018, Synthetix announced its rebranding, moving away from Havven. This included changing the name of its native token from HAV (Havven token) to SNX. Importantly, the token’s contract address remained the same.
• SNX reached its all-time low price of $0.03258 on January 5, 2019.
• Unlike many other major altcoins, SNX didn’t experience a post-launch rally. It consistently traded below $0.5 until the final quarter of 2019.
• In 2020, it saw a significant surge to $7.3. During the 2021 bull market, it climbed even higher, reaching its all-time high of $28.77 on February 14th.
• After this peak, it retraced back to around $5 in July before rallying again to $15 in September.
• During the crypto winter of 2022, SNX lost a significant portion of its value, falling back to the $2 range by the end of the year.
• Throughout 2023, it mostly traded between $1.5 and $3, until the last quarter of the year when it finally broke out.
• In March 2024, SNX reached a high of $5. In July, SNX’s price dropped from the $2.01 to $1.65 range.
• August 2024 saw the SNX token’s price dip as low as $1.20, while September saw a maximum price of $1.71.
• In October 2024, SNX experienced another dip and then became range-bound, closing the month at $1.31. December, however, brought a series of price improvements, peaking at $3.38.
• For the rest of December 2024, SNX gradually lost value, entering 2025 with a corrective downswing to $1.90.
• The average price for the SNX token in January 2025 was $1.74, and it has since corrected down to $1.20 in February.
• In March 2025, the SNX price further declined to $0.89, and in April, it descended further into the $0.77 range.

Source: cryptopolitan.com