Key takeaways:
- The average SNX price prediction for 2026 is $0.560931.
- In 2028, it will range between $0.99721 and $1.18, with an average price of $1.09.
- In 2032, it will range between $2.24 and $2.43, with an average price of $2.34.
SNX is the native token for the Synthetix Network and is used for governance. It is listed on top exchanges like Binance, Uniswap, Coinbase, OKX, and Bybit. Synthetic is a decentralized protocol that allows you to create and transact synthetic tokens on the Ethereum blockchain.
Is SNX a good investment? Will it go up? Where will it be in five years? Let’s get into the SNX price prediction and technical analysis.
Overview
| Cryptocurrency | Synthetix |
| Abbreviation | SNX |
| Current Price | $0.311 (-0.13%) |
| Market Cap | $107.01M |
| Trading Volume (24-hour) | $7.4M |
| Circulating Supply | 344.93M SNX |
| All-time High | $28.77 (Feb 14, 2021) |
| All-time Low | $0.03258 (Jan 5, 2019) |
| 24-hour High | $0.3135 |
| 24-hour Low | $0.3078 |
SNX price prediction: Technical analysis
| Metric | Value |
| Price Prediction | $0.3184 (2.26%) |
| Fear & Greed Index | 26 (Fear) |
| Market Sentiment | Neutral |
| Volatility | 3.77% (Medium) |
| Green Days | 15/30 (50%) |
| 50-Day SMA | $0.2982 |
| 200-Day SMA | $0.5195 |
| 14-Day RSI | 49.89 (Neutral) |
Synthetix price analysis
TL;DR Breakdown:
- Synthetix coin price analysis confirmed a mixed trend, with the price set at $0.311.
- The altcoin lost 0.13% in the last 24 hours.
- SNX coin faces resistance around $0.322.
On May 2, 2026, Synthetix price analysis reveals a mixed trend, as the altcoin’s price recovers to $0.311 over the day. Overall, the cryptocurrency is still in a loss of 0.13% for the last 24 hours, despite following two days of continuous recovery, as it recovered yesterday as well. However, resistance is also present at $0.322, which may hinder the recovering price.
SNX/USD 1-day chart analysis
The one-day chart for Synthetix (SNX) reflects a mixed trend following recent recoveries; however, the market has yet to shift into a fully buyer-dominated phase. The token has registered minimal losses of 0.13% for the last 24 hours, despite the fact that the altcoin is recovering, as it has increased to $0.311 today. A new green candlestick on the price chart highlights the presence of bullish elements.
The distance between the Bollinger Bands defines the intensity of volatility. This distance is slowly shrinking, leading to mild volatility at the moment. Currently, the upper limit of the Bollinger Bands indicator, indicating resistance, sits at $0.322. Meanwhile, its lower limit, serving as support, has moved to $0.283.
The Relative Strength Index (RSI) indicator curve is trending in the neutral area, currently at 54. This situation suggests that buyers are currently controlling the momentum, and bullish pressure might increase if they continue to lead as the coin gains value.
SNX/USD 4-hour chart analysis
The four-hour price analysis of Synthetix Coin also signals buying interest for the coin at the current price level. The SNX/USD price significantly increased to $0.311 after going through a recovery in the last four hours. The volatility levels are low on the 4-hour chart, suggesting a low probability of an upcoming reversal or further price appreciation.
The upper Bollinger Band has shifted to $0.319, indicating a resistance level. The lower Bollinger Band has moved to $0.301, showing the support level. Overall, the indicator suggests a narrow price range for the token.
The RSI indicator is in the upper neutral region. Its value increased to 51 over the past four hours. The upward curve on the RSI graph reflects a positive market sentiment. The bulls have been dominating the price chart for the past few hours, and this trend has also resulted in a relatively balanced trading setup for intraday traders for the time being.
SNX technical indicators: Levels and action
Daily simple moving averages
| Period | Value ($) | Action |
| SMA 3 | 0.3083 | BUY |
| SMA 5 | 0.3125 | SELL |
| SMA 10 | 0.3057 | BUY |
| SMA 21 | 0.2996 | BUY |
| SMA 50 | 0.2982 | BUY |
| SMA 100 | 0.3200 | SELL |
| SMA 200 | 0.5195 | SELL |
Daily exponential moving averages
| Period | Value ($) | Action |
| EMA 3 | 0.3063 | BUY |
| EMA 5 | 0.3075 | BUY |
| EMA 10 | 0.3059 | BUY |
| EMA 21 | 0.3019 | BUY |
| EMA 50 | 0.3063 | SELL |
| EMA 100 | 0.3486 | SELL |
| EMA 200 | 0.4506 | SELL |
What can we expect from the SNX price analysis next?
Synthetix Coin price analysis shows a mixed trend regarding current market events. The coin’s price has been trending near $0.311 for the last 24 hours. If the buying momentum continues, the SNX price might retest resistance at the $0.322 level. Conversely, if selling pressure overwhelms, the altcoin may again plunge to the $0.280 level.
Is SNX a good investment?
The Synthetix rebranding in 2018 rejuvenated the ecosystem, which has grown continually with multiple listed synths. Despite concerns over the stability of its stablecoins, SNX, the native token, is set to mark new records, as seen in Cryptopolitan’s SNX price predictions from 2026 to 2032. It is expected that SNX will reach $1.81 by 2030.
Why is SNX down?
The cryptocurrency market is getting mixed sentiment today, and SNX is following suit. From a larger perspective, the token is slowly recovering as the SNX price is trading at $0.311, but it is still in a loss of 0.13% of its total value in the last 24 hours.
What is the target price for SNX?
The target price for SNX is $0.560931 for the current year, which is still quite higher than the current Synthetix price.
Will SNX reach $5?
The current price action does not justify predicting a $5 target. However, in the cryptocurrency market, things change rapidly, and if the token maintains its price levels, a recovery can be initiated. It can be expected that SNX will reach a maximum of $2.43 by 2032. However, this is not investment advice, and anyone willing to purchase SNX tokens should seek independent professional consultation.
Will SNX reach $1?
Considering the future price movements, SNX will reach the $1 level by 2028. The last time SNX was seen at the $1 level was in November 2025.
Will SNX reach $10?
According to crypto analysts’ price predictions, SNX may not reach this level in the next five years. Considering the current market cap of the token, it seems like a distant target.
Will SNX reach $100?
No, market analysts don’t expect SNX to reach $100 during the next 10 years, considering the long term Synthetix price forecast.
How high can SNX go?
The highest expected price for SNX is $2.14, which it will achieve in 2032.
Does SNX have a future?
SNX is trading significantly lower than its mid-December price levels, making it an ideal time for buyers to enter the market. Given its current low price and a favorable future valuation of $2.43 by the end of 2032, the asset appears to be a worthwhile investment. However, one’s own research is advised.
Recent news/ updates on SNX
- Synthetix introduced the new Synthetix Markets page. The option will show live stats for market sentiment, open interest, 24h volume, funding rate, token dominance, and implied volatility + alt dominance.
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Aamir Sheikh
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