Rocket Pool (RPL) Price Prediction 2023: Will RPL Price Hit $95?

Rocket Pool (RPL) Price Prediction 2023: Is $200 EOY Price Possible?

Important: This Rocket Pool (RPL) price prediction 2023 is purely based on the writer’s knowledge of technical analysis alone. Price analysis articles of other platforms may use different technical analysis signals and indicators that may influence their RPL price forecast outcome differently. Hence, we strongly suggest doing your own research before buying RPL.

The most decentralized liquid staking protocol for Ethereum is called Rocket Pool. Over 295,000 ETH, or more than 2% of all Ethereum staked, have been staked by its 1,700+ node operators around the world.

Participants can get the rETH liquid staking token by making a deposit of as little as 0.01 ETH. Rocket Pool is a wholly non-custodial system, and its node operators are strategically positioned economically to benefit stakeholder performance.

The Rocket Pool crew has been active in the staking market since its debut in 2016, giving them a background and history that are unmatched.

Rocket Pool (RPL) Overview (At the time of writing)

Currently, RPL holds a market capitalization of almost $7 million with a 24 trading volume of over  $13 million. This market standing made the crypto one of the top 100 cryptos in CoinGecko. Will Rocket Pool have a stellar price movement this 2023? Let us head to the charts in this RPL price prediction 2023!

CryptocurrencyRocket Pool (RPL)
TokenRPL
Price$35.47
Market Capitalization$677,945,209
Total Supply19,113,413
Trading Volume$13,568,333
All-Time High$59.46
All-Time Low$0.00884718

Rocket Pool (RPL) Price Prediction 2023

Source: TradingView

The graph above shows Rocket Pool’s (RPL) successful market performance. In particular, RPL was able to increase its price in the latter months of last year from $7.8 to $43.50. However, because to the market’s irrational volatility, this RPL price surge was short-lived. As a result, RPL’s price fell sharply from $43.50 to $12.78 per crypto, signaling a bearish trend.

RPL, on the other hand, is successful in persuading its investors about its positive performance as we approach 2023. RPL specifically managed to generate a trade increase of around +300% from $12 to $50.

There may be a potential that RPL will break the resistance level of $50.25 if it is able to maintain this bullish rise and reach the resistance level of $43.50 in the coming weeks. If it happens, the gates leading to the exorbitant price of $70, which is only +100% away from the trading price of $34, will appear. Of course, this is only possible if RPL is successful in increasing its network’s investors.

Source: TradingView

Meanwhile, the Moving Average Convergence Divergence (MACD) of RPL continues to perform a bullish rodeo above the signal indicator. Traders can thus anticipate that the crypto price will continue to rise over the coming days, as of now.

Source: TradingView

When it comes to the Relative Strength Index (RSI) of the crypto, RPL RSI is still considered overbought. Traders must therefore be cautious when trading RPL since a major price reversal is still possible. In this case, traders and investors of the token must trade wisely to avoid losses that cannot be reverted back.

Source: TradingView

On the other hand, in September 2022, Rocket Pool experienced a record-breaking growth rate of more than +400%. This suggests that another powerful pump like this could yet occur in the future for RPL. However, this will only be possible if the crypto continues to gain the favor of investors inside and outside the crypto universe. 

If it happens, RPL’s price might increase dramatically, from $170 to almost $180. In effect, the RPL community may go completely crazy as a result of the cryptocurrency’s outrageous price performance. But of course, always remember this price forecast still depends on the direction of the bullish market and the behavior of the network’s community in the space.

Other Market Prediction for Rocket Pool (RPL) in 2023

Digitalcoin

Digitalcoin is one of the trusted names in the crypto world, as the firm claims. This is because it has already established accurate cryptanalysis and the latest news stories over time. For this reason, the 2023 forecast of Digitalcoin for RPL amounts to $76.48.

Wallet Investor

By using their latest technical analysis, the platform updates its network prices and predictions every three minutes. For this reason, the 1-year forecast of Wallet Investor for RPL amounts to $17.9.

Rocket Pool’s Short-Term Price Prediction 2023

Month Minimum  Price Average PriceMaximum Price
Jan 2023$33.11$34.88$82.12
Feb 2023$32.22$72.55$80.26
March 2023$31.50$54.07$83
April 2023$32.51$59.69$83.06
May 2023$32.43$52.49$79.90
June 2023$33.94$54.57$80.59
July 2023$31.42$60.40$79.00
August 2023$33.32$73$80.72
September 2023$32.94$60.05$80.60
October 2023$31.99$69.92$81.04
November 2023$31.74$54.27$80.11
December 2023$30.99$64.88$82.19

Rocket Pool price prediction Jan 2023: Rocket Pool’s price for Jan 2023 should range from $33.11 to $82.12 and the average price of RPL should be around $34.88.

Rocket Pool price prediction Feb 2023: Rocket Pool’s price for Feb 2023, should range from $32.22 to $80.26 and the average price of RPL should be around $72.55.

Rocket Pool price prediction March 2023: Rocket Pool’s price for March 2023 should range from $31.50 to $80.26 and the average price of RPL should be around $72.55.

Rocket Pool price prediction April 2023: Rocket Pool’s price for April 2023 should range from $32.51 to $82.06 and the average price of RPL should be around $59.69.

Rocket Pool price prediction May 2023: Rocket Pool’s price for May 2023 should range from $32.43 to $79.90 and the average price of RPL should be around $52.49.

Rocket Pool price prediction June 2023: Rocket Pool’s price for June 2023 should range from $33.94 to $80.59 and the average price of RPL should be around $54.57.

Rocket Pool price prediction July 2023: Rocket Pool’s price for July 2023 should range from $31.42 to $79 and the average price of RPL should be around $60.40.

Rocket Pool price prediction August 2023: Rocket Pool’s price for August 2023 should range from $33.32 to $80.72 and the average price of RPL should be around $73.

Rocket Pool price prediction September 2023: Rocket Pool’s price for September 2023 should range from $32.94 to $80.60 and the average price of RPL should be around $60.05.

Rocket Pool price prediction October 2023: Rocket Pool’s price for October 2023 should range from $31.99 to $81.04 and the average price of RPL should be around $69.92.

Rocket Pool price prediction November 2023: Rocket Pool’s price for November 2023 should range from $31.74 to $80.11 and the average price of RPL should be around $54.27.

Rocket Pool price prediction December 2023: Rocket Pool’s price for December 2023 should range from $30.99 to $82.19 and the average price of RPL should be around $64.88.

Rocket Pool’s Long Term Price Prediction: 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031 and 2032.

YearMinimum  Price Average PriceMaximum Price
2023$33.92$72.94$83
2024$80.99 $91.26$97.78
2025$111.2$127.04$134.83
2026$145.25$169.20$173.37
2027$145.25$169.20$173.37
2028$179.2$277.2$283.04
2029$254.77$277.7$283.04
2030$367.79$381.25$396.30
2031$518.95$535.51$539.87
2032$707.95$729.12$732.20

Rocket Pool price prediction 2023: Rocket Pool’s price for 2023 should range from $33.92 to $83 and the average price of RPL is expected to be $73.94.

Rocket Pool price prediction 2024: Rocket Pool’s price for 2024 should range from $80.99 to $97.78 and the average price of RPL is expected to be $91.26.

Rocket Pool price prediction 2025: Rocket Pool’s price for 2025 should range from $111.2 to $134.83 and the average price of RPL is expected to be $127.04.

Rocket Pool price prediction 2026: Rocket Pool’s price for 2026 should range from $145 to $173.37 and the average price of RPL is expected to be $169.72.

Rocket Pool price prediction 2027: Rocket Pool’s price for 2027 should range from $145 to $173.37 and the average price of RPL is expected to be $169.72.

Rocket Pool price prediction 2028: Rocket Pool’s price for 2028 should range from $179.2 to $283.04 and the average price of RPL is expected to be $277.2.

Rocket Pool price prediction 2029: Rocket Pool’s price for 2029 should range from $254.77 to $283.04 and the average price of RPL is expected to be $277.7

Rocket Pool price prediction 2030: Rocket Pool’s price for 2030 should range from $367.79 to $396.30 and the average price of RPL is expected to be $381.25.

Rocket Pool price prediction 2031: Rocket Pool’s price for 2031 should range from $518.95 to $539.87 and the average price of RPL is expected to be $535.51.

Rocket Pool price prediction 2032: Rocket Pool’s price for 2032 should range from $707.95 to $732.20 and the average price of RPL is expected to be $729.12.

Conclusion

Rocket Pool (RPL) continues to gain popularity among traders and investors in the crypto space. Therefore, the conclusion for the RPL price prediction in 2023 amounts between $70 to $100. However, this forecast still depends on how the market will treat RPL in the future.

FAQ

Is Rocket Pool (RPL) a good investment?

RPL is one of the leading staking networks in the crypto space nowadays. Through this, we can say that RPL has the potential to be a good investment in the next months of the year.

Will Rocket Pool (RPL) prices go up?

The price status of RPL depends on many different factors, one of which is the current market situation. If RPL is able to invite more traders and stakers to the platform, there is a big chance that the price of RPL will go higher.

Why is Rocket Pool (RPL) going down?

The crypto market is very unpredictable due to volatility. Any crypto in the space cannot evade these wild market swings of the market. One factor to consider is the massive dumping of tokens made by the whales in the Rocket Pool (RPL) network, an event that is very uncontrollable.

How to buy Rocket Pool (RPL)?

The Rocket Pool (RPL) crypto is one of the most iconic projects in the space. The Binance exchange is one of the famous crypto exchanges supporting Rocket Pool (RPL) crypto.

Is Rocket Pool (RPL) Crypto?

Yes, RPL is a crypto that uses blockchain technology.

Is RPL a good investment?

Whether or not you invest in Rocket Pool, RPL will depend on how much risk you are willing to take. As you can see, Rocket Pool’s price has gone down by 0.19% in the last 24 hours and has gone up to over 90% in the last 30 days. So it depends on whether or not this investment will help you reach your trading goals.

How high can Rocket Pool’s price go this year in 2023?

According to our latest Rocket Pool price prediction for 2023, RPL should range between $33.2 and $83.4. Please keep in mind that the crypto market is very volatile, and this Rocket Pool price prediction does not take into account extreme price swings.

How much will Rocket Pool be worth in 2023?

Based on the above Rocket Pool Price Prediction model, RPL would be worth $72.94 in 2023. This price would be between $33.92 and $83, though.

How much will Rocket Pool be worth in 2024?

Based on the above Rocket Pool Price Prediction model, RPL would be worth $91.26 in 2024. This price would be between $80.97 and $97.78, though.

How much will Rocket Pool be worth in 2025?

Based on the above Rocket Pool Price Prediction model, RPL would be worth $127.04 in 2025. This price would be between $111.2 and $134.5, though.

How much will Rocket Pool be worth in 2026?

Based on the above Rocket Pool Price Prediction model, RPL would be worth $169 in 2026. This price would be between $145.2 and $173.2, though.

How much will Rocket Pool be worth in 2027?

Based on the above Rocket Pool Price Prediction model, RPL would be worth $169 in 2027. This price would be between $145.2 and $173.2, though.

How much will Rocket Pool be worth in 2028?

Based on the above Rocket Pool Price Prediction model, RPL would be worth $277.4 in 2028. This price would be between $179.2 and $283.2, though.

How much will Rocket Pool be worth in 2029?

According to the above Rocket Pool Price Prediction model, RPL’s price in 2029 would be $277.4. This price, though, would range from $254.4 to $283.6.

How much will Rocket Pool be worth in 2030?

According to the above Rocket Pool Price Prediction model, RPL’s price in 2030 would be $381.4. This price, though, would range from $367.3 to $396.4.

How much will Rocket Pool be worth in 2031?

According to the above Rocket Pool Price Prediction model, RPL’s price in 2031 would be $535.35. This price, though, would range from $518.43 to $539.20.

How much will Rocket Pool be worth in 2032?

According to the above Rocket Pool Price Prediction model, RPL’s price in 2032 would be $729.12 This price, though, would range from $707.95 to $732.6.

What was the highest price of Rocket Pool?

RPL hit an all-time high of $59.46 on November 9, 2021. This was the highest price ever for Rocket Pool.

What is the price of 1 Rocket Pool?

At the current market price, 1 Rocket Pool costs $37.78.

Disclaimer: The views and opinions in this article belong to the writer alone and they do not necessarily reflect the position of CryptoNewsLand (CNL). No information in this article, whether expressed or implied, should be taken as financial advice. Remember that investing in cryptocurrency poses significant risks to your asset. Hence, CNL strongly recommends all readers perform their own in-depth research before investing in cryptocurrency.

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José is a crypto enthusiast who trades crypto night and day. He loves to share his trading stories and experiences in all his published articles. José likes to hang out and travel to meet new friends. Enjoys sushi, vodka, and tequila.