Siacoin (SC) Price Prediction 2022: Is $0.20 EOY Price Possible?
  • Bullish Siacoin price prediction 2022 is $0.10
  • Skyrocketing price potential of Siacoin is $0.20

Important: This Siacoin (SC) price prediction 2022 is purely based on the writer’s knowledge in technical analysis alone. Price analysis articles of other platforms may use different technical analysis signals and indicators that may influence their SC price forecast outcome differently. Hence, we strongly suggest doing your own research before buying SC.

The crypto space continues to move in a sideways direction due to the market depression that the world is currently experiencing lately. This decline is bought by different factors that are currently happening right now globally. However, despite the challenges that the crypto market is experiencing now, there are many crypto assets that remain strong.

Siacoin (SC) is one of the digital assets in the space that keeps moving aggressively. As a result, more and more investors and traders are getting curious about the crypto and its technology. 

Do you think SC will be able to maintain its position against the bearish market and further advance its position this year? Don’t worry; we got you. We did an analysis that could help you check if SC is a potential crypto to invest in this year.

Siacoin (SC) Overview (At the time of writing)

CryptocurrencySiacoin (SC)
TokenSC
Price$0.00974893
Market Capitalization$492,406,960
Total Supply
Trading Volume$19,203,990
All-Time High$0.092868
All-Time Low$0.00001262

What Is Siacoin (SC)?

Siacoin (SC) is a crypto asset that uses blockchain technology. It is a decentralized storage platform that secures users data in a cloud. There is no sign up, no servers and no trusted third parties in the platform needed to run the network. Furthermore, SC leverages blockchain technology to create a robust and affordable data storage market place.

Now that we already have some background about Siacoin, do you think SC will continue to maintain its top position in the market? Are you already interested? Therefore, join me in this CNL Siacoin price prediction from 2022 to 2025.

Siacoin (SC) Price Prediction 2022

Source:TradingView

The chart above explains how Siacoin (SC) maintains its decent position despite the market downtime. In detail, SC continues to move with the Arnaud Legoux moving average (ALMA) indicator, a bullish signal. If this trend continues, SC might be able to break its resistance level of $.009 and head towards the second resistance level of $.012, a level that is just +39% away from its current position. 

If it does, SC will be entering the bullish area where the doors going to the bullish price from $.02 to $ .09 awaits. Indeed, this is an event that will drive the SC community into a frenzy mode.

Source:TradingView

On the other hand, we can see in the chart above how SC dominated the crypto market last April 2021. To be exact, the crypto was able to rocket its price to over +1000% that made it record an ATH price of $.09. If SC can once again pull itself together and pump its price like what it did before, the price of SC might explode. In short, SC price could reach the bullish price of $0.15 in no time within this year or even fly higher to $.20. 

But of course, always remember that this price forecast of SC still depends on the market condition and the response of its investors in the network.

Source:TradingView

Meanwhile, the crypto’s Relative Strength Index (RSI) is still within the 70/30 range. In short,  Siacoin is neither overbought nor oversold. This means that users can trade with confidence without the fear of any major price reversal. However, if the price of  SC goes beyond the 70/30 range again, traders might experience a bearish scenario with strong volatility. 

Nevertheless, it is wise that traders stick to the rules of the indicator that they are using. Through this, traders can have a solid strategy on how to deal with the wild swing of the crypto market.

Other Market Prediction for Siacoin in 2022

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 2022 forecast of Digitalcoin for Siacoin amounts to $0.013.

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 SC amounts to $0.0174.

Market Prediction for SC Price 2023, 2024, 2025, and 2026

Siacoin price prediction 2023 is up to $0.0153 (estimated)

Siacoin price prediction 2024 is up to $0.0159 (estimated)

Siacoin price prediction 2025 is up to $0.0209 (estimated)

Siacoin price prediction 2026 is up to $0.0187 (estimated)

Conclusion

Siacoin continues to gain popularity among traders and investors in the crypto space. Therefore, the conclusion for the SC price prediction in 2022 amounts to $0.10. However, this forecast still depends on how the market will treat Siacoin in the future.

FAQ

Is Siacoin a good investment?

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

Will Siacoin prices go up?

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

Why is SC 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 Siacoin network, an event that is very uncontrollable.

How to buy Siacoin?

The Siacoin crypto is one of the most iconic projects in the space. The Binance exchange is one of the famous crypto exchanges supporting SC crypto.

Is Siacoin Crypto?

Yes, SC is a crypto that uses blockchain technology.

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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Crypto News Land (cryptonewsland.com), also abbreviated as “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.

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.