Key takeaways
- Siacoin price prediction suggests a maximum price of $0.0087 by the end of 2024.
- By 2027, Siacoin may reach a peak price of $0.0279 and an average price of $0.0244.
- In 2030, the target price for Siacoin is between $0.0749 and $0.0910, with an average of $0.0777.
Sia is a decentralized cloud storage platform that enables users to store files without relying on a centralized entity. The concept of Siacoin is similar to Google Drive and Dropbox, but instead, the network users rent storage space in a peer-to-peer network. The data is encrypted and distributed on the network. The user has the private keys to access and fully control their data. Payments on the Sia platform are made with the SC token.
SC token is currently averaging a daily trading volume of more than $2-3 million, indicating investor positive sentiment. Will Siacoin reach $1? How high will Siacoin go in 2025?
Let’s get into the technical analysis and Siacoin price prediction for 2024–2030.
Overview
| Cryptocurrency | Siacoin |
| Token | SC |
| Price | $0.00518 |
| Market Cap | $297,705,645 |
| Trading Volume | $5,818,215 |
| Circulating Supply | 57,740,361,723 SC |
| All-time High | $0.09287 Jan 06, 2018 |
| All-time Low | $0.00001262 Dec 28, 2015 |
| 24-hour High | $0.00559 |
| 24-hour Low | $0.00517 |
Siacoin price prediction: Technical analysis
| Metric | Value |
| Volatility | 8.66% |
| 50-Day SMA | 0.00503 |
| 200-Day SMA | 0.007589 |
| Sentiment | Neutral |
| Fear & Greed | 68 (Greed) |
| Green Days | 15/30 (50%) |
Siacoin price analysis: Coin value descends to $0.00518 after a bearish strike
TL;DR Breakdown
- Siacoin price analysis suggests a downtrend.
- The coin value has dropped to $0.00518.
- Strong support is being provided at $0.00372.
The latest price analysis for July 22, 2024, indicates signs of a growing bearish swing. Although the price movements have been constantly fluctuating this month, the past week proved favorable for the buyers. However, today the bears secured a comeback, evading the way for victory. In the past 24 hours, the coin value has dropped to $0.00518 because of the downturn today. If the bears remain persistent, further downsides may be recorded soon.
Siacoin price analysis 1-day chart: A downturn results in a devaluation below $0.00518
The bears are back on track, as a decreasing trend was observed during the day. The selling momentum is higher as compared to the buying momentum, as per the daily Siacoin price analysis. Overall, the cryptocurrency has devalued to $0.00518 as a result of the downtrend today. On the opposite side, the moving average (MA) indicator shows improvement in its overall value. The indicator’s value has spiked up to $0.00506 because of the continual upside in the past two weeks.
The volatility is expanding, which suggests uncertainty regarding the coming market events. Whereas, the upper end of the Bollinger bands indicator has switched to $0.00559 because of increasing volatility. Its lower end, on the other side, is present at $0.00372, signaling stable support levels. The Relative Strength Index (RSI) indicator confirms the latest changes in market events. The indicator’s value has sunk to 57.41 because of the intense bearish activity today.
Siacoin price analysis 4-hour price chart: Cryptocurrency seeks recovery beyond the $0.00518 high
The hourly price analysis for Siacoin presents a highly bullish scenario regarding the ongoing market events. The buying pressure is intensifying once again as the bulls have secured a steady comeback over the past few hours. Overall, the cryptocurrency has gained a recovery up to $0.00518 because of the increasing price movement. However, the moving average indicator displays a relatively bearish curve on the four-hour price chart. Its value has declined to $0.00527 because of the earlier downside.
The volatility is declining, which means no major shift in the market scenario should be anticipated in the coming hours. Moving on, the upper boundary of the Bollinger bands indicator has switched to $0.00540, thereby marking high resistance. Whereas, the lower boundary of the Bollinger bands indicator has moved to $0.00498, signaling the stability of support for the cryptocurrency. The RSI indicator confirms the upside during the last four hours. Its value has ascended to index 51.49, which is a quite neutral figure for now.
Siacoin technical indicators: Levels and action
Daily simple moving average
| Period | Value ($) | Action |
| SMA 3 | 0.005068 | BUY |
| SMA 5 | 0.005059 | BUY |
| SMA 10 | 0.005099 | BUY |
| SMA 21 | 0.0049 | BUY |
| SMA 50 | 0.00503 | BUY |
| SMA 100 | 0.006152 | SELL |
| SMA 200 | 0.007589 | SELL |
Daily exponential moving average
| Period | Value | Action |
| EMA 3 | 0.004848 | BUY |
| EMA 5 | 0.004755 | BUY |
| EMA 10 | 0.004729 | BUY |
| EMA 21 | 0.005018 | BUY |
| EMA 50 | 0.005863 | SELL |
| EMA 100 | 0.006784 | SELL |
| EMA 200 | 0.007112 | SELL |
What to expect from Siacoin price analysis
The daily as well as hourly price analysis for SC/USD presents a bearish analysis for the cryptocurrency. In the past 24 hours, the bears secured a victory, thereby creating detrimental circumstances for the investors. As a result, the coin value has dropped to $0.00518 because of the declining momentum today. The four-hour price analysis remained relatively favorable to the buyers because of the latest turnover.
Is Siacoin a good investment?
Siacoin has experienced notable price fluctuations, particularly with a substantial increase in value beginning in early July 2024. While analysts hold diverse opinions on the future of Siacoin, the prevailing sentiment is optimistic. Projections indicate that by 2030, the price could rise to between $0.0749 and $0.0910, highlighting significant potential for further growth.
Why is Siacoin down?
The SC/USD crypto pair price has devalued today as the selling influx has abruptly taken over the market, degrading the price to $0.00518. The bulls are targeting the resistance of $0.00559 next, but overall, the coin’s value has increased significantly over the past week, especially since the July 4 recovery has impacted the coin’s value positively.
Will Siacoin recover?
Siacoin is recovering over the short term; nevertheless, the decrease in rice levels is prominent if observed over a time period spanning from March to June 2024, with bullish periods in between. The price action is nothing unusual in the crypto market, and there are equal chances of a price reversal in the upward direction.
Will Siacoin reach $0.0100?
Siacoin will have to surpass quite a few crucial resistance levels to reach $0.0100. With a prolonged bearish trend and SC’s current price action, it is not easy but still possible for Siacoin to reclaim the $0.0100 mark by the mid of 2025.
Will Siacoin reach $0.05?
Per Cryptopolitan price prediction, Siacoin has chances of reaching $0.0500 in the next four years. It is expected that the Siacoin will reach $0.0500 by the year 2029.
Will Siacoin reach $0.1?
Per the Crypopolitan price prediction, it remains highly unlikely that Siacoin will get to $0.1 before 2030.
Does Siacoin have a good long-term future?
According to Cryptopolitan price predictions, Siacoin has good prospects in future. However, factors like market crashes or difficult regulations could invalidate this bullish theory. However, the token is expected to reach $0.0910 by 2030, which makes it a valuable asset for multiple gains.
Recent news/opinions on Siacoin
- Sia Foundation declared in July that Hostd v1.1.2 is now available. This release provides minor wallet issue fixes as well as enhancements to the price configuration. While it is not required, the network advises updating in order to benefit from the usability enhancements.
Siacoin price prediction July 2024
SC price prediction for 2024 is a maximum price of $0.0080. The coin’s minimum price will be $0.0050 and an average price of $0.0068.
| Siacoin price prediction July 2024 | Minimum price | Average price | Maximum price |
| Siacoin price prediction July 2024 | $0.0050 | $0.0068 | $0.0080 |
Siacoin price prediction 2024
SC price prediction for 2024 is a maximum price of $0.0087. The coin’s minimum price will be $0.0078 and an average price of $0.0082.
| Siacoin price prediction | Minimum price | Average price | Maximum price |
| Siacoin price prediction 2024 | 0.0078 | $0.0082 | $0.0087 |
Siacoin price predictions 2024 – 2033
| Year | Minimum Price | Average Price | Maximum Price |
| 2025 | $0.0114 | $0.0118 | $0.0136 |
| 2026 | $0.0161 | $0.0166 | $0.0198 |
| 2027 | $0.0237 | $0.0244 | $0.0279 |
| 2028 | $0.0355 | $0.0364 | $0.0407 |
| 2029 | $0.0532 | $0.0550 | $0.0622 |
| 2030 | $0.0749 | $0.0777 | $0.0910 |
Siacoin price prediction 2025
SC price prediction for 2025 is a maximum price of $0.0136. The coin’s lowest price will be $0.0114, and the average trading price of the coin is $0.0118.
Siacoin price prediction 2026
SC price prediction for 2026 is a maximum of $0.0198. The minimum price the coin will have by the end of 2026 will be $0.0161, while its average trading price will be $0.0166.
Siacoin price prediction 2027
SC token price prediction for 2027 is a maximum price of $0.0279 with a minimum price of $0.0237. We also expect the coin’s average trading price to be $0.0244.
Siacoin price prediction 2028
SC coin price prediction 2028 is a maximum price of $0.0407. The minimum price of the coin by 2028 will be $0.0355; the average trading price is forecasted to be $0.0364.
Siacoin price prediction 2029
SC price prediction 2029 is a maximum price of $0.0622 with an average trading price of $0.0550. The coin will have the lowest price at $0.0532.
Siacoin price prediction 2030
Siacoin cryptocurrency prediction for 2030 is a maximum price of $0.0910; the coin’s lowest price is $0.0749. The average trading price of the coin will be $0.0777.
Siacoin market price prediction: Analysts’ Siacoin price forecast
| Firm Name | 2024 | 2025 |
| DigitalCoinPrice | $0.0114 | $0.0132 |
| Wallet Investor | $0.00450 | $0.00313 |
Cryptopolitan’s Siacoin price prediction
Our forecast shows that Siacoin will achieve a high price of $0.0087 near the end of 2024. In 2025, the Siacoin price will range between $0.0114 and $0.0136. In 2030, the cryptocurrency will range between $0.0749 and $0.0910, with an average price of $0.0777. It is important to consider that the predictions can change at any time and are not investment advice. Professional consultation is suggested, or you can carry out your own research.
Siacoin historic price sentiment
- Siacoin (SC) entered the open market in the summer of 2015 with an initial value of approximately $0.00004.
- For the first few years, its price remained relatively stable. However, during the cryptocurrency bubble of late 2017, SC’s value surged, reaching an all-time high of $0.1117 on January 6, 2018.
- Following this peak, SC’s value declined as the market experienced a downturn, commonly called the crypto winter, with its price stabilizing around $0.01.
- The token did not experience significant fluctuations until early 2021 when the cryptocurrency market rallied, and SiaCoin achieved a notable high of around $0.05 in April.
- Afterward, SC’s value decreased below $0.01 during the summer. Later in the year, it experienced a brief surge, peaking at over $0.025 in November before ending the year at $0.01518.
- Although SC showed some progress in 2021, 2022 was predominantly a downward trend for the token, dropping its value below $0.01 in late April.
- The year was marked by several market crashes, leading SC to close at $0.002258, representing a significant annual loss.
- In contrast, 2023 witnessed a slight improvement for SC. The token reached a high of $0.008 in December following a bull run that began in mid-October.
- In 2024, Siacoin touched the highest price of $0.0205 in February but soon stepped down to $0.0078 in April.
- In May 2024, Siacoin’s value decreased to $0.0073 which further plunged to $0.0045 in June, while the coin is trading around $0.0052 in July.
