Syscoin price today, SYS to USD live price, marketcap and chart

Syscoin was trading at $1.17 at the time of writing (5 January), down 10.6% from its all-time high. Bollinger Bands are often used by traders to identify potential entry and exit points for a trade. When the price of an asset moves above the upper band, it may indicate that the asset syscoin price prediction is overbought and a sell signal. When the price falls below the lower band, it may indicate that the asset is oversold and a buy signal.

You should never invest money that you cannot afford to lose. In November 2021, Blockchain Intelligence Group, a cryptocurrency compliance and intelligence organisation, collaborated with Syscoin to completely incorporate Syscoin into its ecosystem. Syscoin, on the other hand, had a strong start to 2022, reaching a fresh all-time high of $1.31 on 2 January.

Syscoin’s 50-Day, 200-Day Simple Moving Averages and 14-Day Relative Strength Index – RSI (

To sum up, Syscoin price is expected to close at $1.25 in 2026. Below are detailed predictions for each month of the year 2026. Moving averages are among the most popular Syscoin price prediction tools. As the name suggests, a moving average provides the average closing price for SYS over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for SYS is a sum of SYS’s closing prices over the last 12 days which is then divided by 12.

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Currencies that are positively correlated with Syscoin indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Syscoin, a move in one direction for Syscoin would translate into a move in the opposite direction for the negatively correlated coin. Additionally, the Syscoin NEVM phase one will introduce the world’s first blockchain capable of powering the metaverse, smart cities, and hosting public and private organisations’ requirements.

When trying to make a Syscoin forecast, many traders also try to monitor the activity of SYS “whales”, which are entities and individuals that control large amounts of SYS. Since the Syscoin market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on Syscoin’s price movements. It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing.

Will Syscoin reach $10?

According to the technical analysis of Syscoin prices expected in 2024, the minimum cost of Syscoin will be $0.101. Monthly performance data shows the change in price of a cryptocurrency month over month. Analyzing monthly performance data, can help to identify patterns, market cycles, and potential opportunities for buying or selling an asset.

Technical Analysis

According to the syscoin crypto forecast of Price Prediction (as of 5 January 2022), SYS could hit $68.80 by 2030. Syscoin is built on Bitcoin and Ethereum and serves multiple use cases in various crypto sectors such as NFT, Web 3.0 and metaverse. It has secured many high-profile partnerships, such as Microsoft Azure. Still, whether the SYS token is a good fit for your investment portfolio depends on your circumstances and risk tolerance.

1. In the following years SYS price prediction is made feasible by examining past price behavior, current events, and public opinion.
2. Syscoin announced a partnership with Oraichain in December 2021.
3. Based on multiple technical quantitative indicators, the current forecast for Syscoin in 2024 is neutral.
4. The market capitalization of Syscoin can change significantly in a short period of time.
5. The 50-day SMA is calculated by adding together Bitcoin’s closing prices in the last 50 days, and dividing the total by 50.

In addition, the algorithm uses the cyclical nature of Bitcoin halvings, which introduce extra supply-side pressure on BTC every 4 years. This has historically played a pivotal role in cryptocurrency markets and is a major component of creating a realistic Syscoin prediction. After years of analysis of the Syscoin price, crypto experts are ready to provide their SYS cost estimation for 2032. It will be traded for at least $1.81, with the possible maximum peaks at $2.18.

Both of the Syscoin blockchains, as well as Rollux, utilize SYS as their native coin. SYS owners can transfer SYS between these chains via the Syscoin Bridge and the Rollux Portal. Below is a summary of SYS long-term price prediction from 2024 to 2050 with Syscoin price predicted to reach the highest point of $0.3882 in 2024 and $0.4608 in 2040. In the following years SYS price prediction is made feasible by examining past price behavior, current events, and public opinion. The Syscoin price prediction on CoinCodex is calculated using the historical Syscoin price dataset, accounting for past volatility and market movements.

This chart shows long-term SYS crypto price prediction for the next several years 2025, 2030, and 2040. Weiss Research, an investment research firm that rates cryptocurrencies, has given Syscoin an overall rating of “D+”, a technology and adoption rating of “C-“, and a market performance rating of “D+”. Over the past 7 days, Syscoin price was most positively correlated with the price of and most negatively correlated with the price of . In , () is anticipated to change hands in a trading channel between and , leading to an average annualized price of . This could result in a potential return on investment of compared to the current rates.

Merged mining enables miners to mine several blockchains concurrently, saving energy and cost. The term NEVM refers to the Network-Enhanced Virtual Machine, which drives Syscoin’s smart contract layer and allows the development of decentralised applications on top of the Syscoin blockchain. Syscoin Price Prediction for 2040, Based on our forecast, we anticipate that by 2040, the price of SYS will range between $4.41 and $11.87. This forecast suggests a potential increase of up to 11,023% compared to its current value.