Current Synthetix Price Snapshot
As of the latest update, Synthetix (SNX) trades at $0.5760**, reflecting a **3.53% decline** from the previous day's close of $0.5971. Today's trading range fluctuated between $0.5688** and **$0.6020**, indicating moderate volatility in the DeFi derivatives market.
๐ Track real-time SNX price movements
Comprehensive Synthetix Price Forecast (2025-2029)
Our analysis combines technical indicators, market sentiment, and historical trends to project SNX's trajectory:
2025 Monthly Outlook
Month | Opening Price | Price Range | Projected Close | Monthly Change |
---|---|---|---|---|
Jul | $0.61 | $0.53-$0.74 | $0.57 | -6.6% |
Aug | $0.57 | $0.45-$0.61 | $0.54 | -5.3% |
Sep | $0.54 | $0.47-$0.54 | $0.50 | -7.4% |
Oct | $0.50 | $0.44-$0.50 | $0.47 | -6.0% |
Nov | $0.47 | $0.40-$0.47 | $0.43 | -8.5% |
Dec | $0.43 | $0.41-$0.47 | $0.44 | +2.3% |
Long-Term Projections
Year | Q1 Range | Q2 Range | Q3 Range | Q4 Range |
---|---|---|---|---|
2026 | $0.43-$0.54 | $0.50-$0.75 | $0.68-$0.83 | $0.76-$0.92 |
2027 | $0.84-$1.33 | $0.97-$1.42 | $1.04-$1.34 | $0.96-$1.42 |
2028 | $1.03-$1.48 | $0.90-$1.25 | $0.67-$0.90 | $0.50-$0.62 |
2029 | $0.40-$0.58 | $0.30-$0.40 | $0.30-$0.42 | TBD |
๐ Compare SNX with other DeFi assets
USD/SNX Exchange Rate Analysis
The current USD/SNX rate stands at 1.7360, showing 3.66% daily appreciation. Key observations:
- Support Level: 1.6611
- Resistance Level: 1.7582
- 30-Day Volatility: ยฑ12%
Conversion Rate Forecast
Quarter | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|
Q1 | 1.6-2.0 | 2.0-2.3 | 1.0-1.2 | 0.8-1.2 |
Q2 | 1.8-2.3 | 1.6-2.0 | 0.8-1.0 | 1.1-1.5 |
Q3 | 2.1-2.5 | 1.3-1.4 | 0.7-0.9 | 1.1-1.4 |
Q4 | 2.1-2.4 | 1.1-1.3 | 0.9-1.0 | 1.6-2.0 |
FAQ: Synthetix Market Predictions
Q: What factors influence SNX price movements?
A: Key drivers include DeFi adoption rates, staking rewards, protocol upgrades, and broader cryptocurrency market trends.
Q: How accurate are these price predictions?
A: While we utilize advanced modeling, cryptocurrency markets remain volatile. Consider these as informed estimates, not financial guarantees.
Q: When might SNX reach its 2027 peak?
A: Our models suggest April-June 2027 could see highs between $1.33-$1.42, contingent on market conditions.
Q: What's the risk level for SNX investors?
A: As with all altcoins, SNX carries substantial risk. Never invest more than you can afford to lose.
Q: Where can I securely trade SNX?
A: Reputable exchanges offer SNX trading pairs. Always prioritize platforms with strong security measures.
Final Market Insights
Synthetix demonstrates characteristic DeFi volatility with:
- Short-term bearish pressure through 2025
- Potential recovery beginning mid-2026
- Cyclical patterns suggesting quarterly fluctuations
Remember: Cryptocurrency investments require thorough research and risk assessment. Prices update every 15 minutes based on market conditions.