Current SNX/USD Market Overview
- Price: $0.56
- Prev. Close: $0.56
- Open: $0.55
- Day's Range: $0.55–$0.57
- Month Range: $0.482–$0.745
Key Statistics
| Metric | Value |
|---|---|
| All-Time High | $28.53 (Feb 14, 2021) |
| All-Time Low | $0.0326 (Jan 05, 2019) |
| Market Cap | $190,478,209 |
| 24h Volume | $9,534,549 (-16.4%) |
| Circulating Supply | 343,466,217 SNX |
Short-Term Forecast (Next 7 Days)
| Date | Day | Low | High | Avg. Price |
|---|---|---|---|---|
| 03/07 | Thursday | $0.542 | $0.592 | $0.567 |
| 04/07 | Friday | $0.540 | $0.542 | $0.541 |
| 05/07 | Saturday | $0.543 | $0.551 | $0.547 |
| 06/07 | Sunday | $0.551 | $0.577 | $0.564 |
| 07/07 | Monday | $0.550 | $0.572 | $0.561 |
| 08/07 | Tuesday | $0.511 | $0.537 | $0.524 |
| 09/07 | Wednesday | $0.517 | $0.523 | $0.520 |
Monthly Forecast (Week-by-Week)
| Week | Low | High | Avg. Price |
|---|---|---|---|
| 07/07–13/07 | $0.476 | $0.548 | $0.512 |
| 14/07–20/07 | $0.443 | $0.571 | $0.507 |
| 21/07–27/07 | $0.334 | $0.471 | $0.4025 |
| 28/07–03/08 | $0.353 | $0.482 | $0.4175 |
Analytical Insight: SNX may face volatility, with a potential dip to $0.4175 by late July.
Technical Analysis
- Moving Averages: Sell (8 signals)
- Indicators: Mixed (Buy 2, Sell 3)
- Short-Term (5m–1h): Neutral to Bearish
- Long-Term (1d–1w): Caution advised; monitor key support at $0.482.
👉 Explore advanced SNX trading strategies
FAQs
1. Is SNX a good investment in 2025?
While SNX shows potential, its high volatility demands careful risk management. Diversify your portfolio and track market trends.
2. What drives SNX price fluctuations?
Factors include DeFi adoption, Ethereum network updates, and broader crypto market sentiment.
3. Where can I trade SNX/USD securely?
Reputable platforms like OKX offer robust trading tools and liquidity for SNX pairs.
Conclusion
Synthetix (SNX) presents both opportunities and risks. Use data-driven strategies and stay updated with real-time analysis to navigate its dynamic market.