RSI Hunter
Monday, March, 24 2025
$2.96T 1.22% | $80.03B | BTC.D 58.52%

Icon Synthetix Network SNX

Current Price

$0.9222 +5.70%

$0.0656 Daily Range (7.11%)
$0.8543$0.9199
$25.39M Daily Volume
291 BTC
Vol/MktCap: 8.16%
Relative Strength

79

Overbought

HTF: 55 (Neutral)


Market Performance

Icon +2.34%  0.00001058 BTC

Icon +2.11%  0.0004 ETH

Icon +5.68%  0.9222 USDT

Icon +2.73%  0.3749 XRP

Icon +4.96%  0.0015 BNB


0.12% Relative BTC Volume

The total volume of Synthetix Network is $25.39M over the past 24 hours, compared to $21.72B total Bitcoin volume.


Hourly Moving Average

8 SMA $0.8871   +3.95%

13 SMA $0.8802   +4.77%

21 SMA $0.8753   +5.36%

55 SMA $0.8666   +6.41%

144 SMA $0.8612   +7.08%

 Price Performance
+2.47% 1 Hour Change
$0.9222 from $0.8999
+11.38% 7 Day Change
$0.1049 from $0.8173
+9.08% 14 Day Change
$0.0837 from $0.8385
-5.22% 30 Day Change
-$0.0482 from $0.9703

 All Time High
February 14, 2021
$28.53 -96.79%
-$27.61 vs. now
 Rank #207
$311.27M Market Cap
3,571 BTC
24H Change
15.02M USD +5.07%
172 BTC

 Volume and Supply
Total Supply: 339.89M SNX Icon
339.47M SNX Available
99.88% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.
Relative Supply Ratio
16.19 x BTC Supply Icon = IconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIcon
16:1 supply ratio
RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.
Relative Trade Volume
28.63M SNX Icon traded over past 24 hours
8.43% of circulating supply A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.
Conversion Tool
Synthetix Network AI Market Analysis
Synthetix Network (SNX) is currently trading at $0.874146, with a modest 24-hour price change of 0.34375%. The daily price range has been relatively tight, oscillating between a low of $0.854319 and a high of $0.89719, indicating a lack of volatility and investor indecision.

Trading volume stands at approximately 21.87 million, which translates to a volume-to-market cap ratio of 7.38%. This suggests that while trading activity is present, it is not substantial enough to drive significant price movements, reflecting a cautious market sentiment among investors.

From a technical perspective, short-term moving averages indicate a slight upward bias, with the 8 SMA at $0.8689 showing an increase of 0.60% and the 13 SMA at $0.8690 up by 0.59%. However, the longer-term moving averages, such as the 55 SMA at $0.8610 and the 144 SMA at $0.8599, show a more subdued upward movement, suggesting potential resistance ahead.

The Relative Strength Index (RSI) values for both the 1-hour and 7-day periods are at 51, indicating a neutral momentum without overbought or oversold conditions. The 7-day price change of 5.56% and the 14-day price change of 6.15% reflect some positive short-term momentum, although the 30-day price change of -9.36% reveals a longer-term downtrend that investors should consider.

Given the current price action, volume dynamics, and technical indicators, SNX is positioned in a neutral zone with potential for modest upside but significant resistance levels ahead. Therefore, based on the technical analysis and market sentiment, a Hold rating is warranted at this time, as investors may want to monitor for clearer bullish signals before committing to a Buy.

Updated 443 minutes ago.

Synthetix Network Relative Price at Market Cap of:
Icon
#1  Bitcoin

$5,094.18 +552313.20%
Icon
#2  Ethereum

$741.34 +80290.66%
Icon
#6  Solana

$210.47 +22723.69%
Icon
#10  TRON

$63.97 +6836.95%
Icon
#25  Bitcoin Cash

$19.27 +1990.12%
Icon
#75  KuCoin

$4.08 +342.70%
Icon
#100  PayPal USD

$2.45 +165.83%
Icon Synthetix Network TradingView Chart
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