Dymension (DYM) Price Prediction 2024-2030: Will DYM Price Hit $10 Soon?

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  • Bullish Dymension (DYM) price prediction ranges from $5.3 to $6.
  • Analysis suggests that the DYM price might reach above $5.5.
  • The DYM bearish market price prediction for 2024 is $4.5.

What is Dymension (DYM)?

Dymension which is the home of RollApps was conceptualized two years ago. It was built with the vision of adding another dimension (Y axis) to the Interchain by building a modular Internet of rollups. Rollups are usually deployed to relieve the main chain of the computational load, reduce the transaction cost, and also to increase the throughput rate on the main chain. 

Dymension RDK (RollApp Development Kit) is the Cosmos Software Development Kit for RollApps. The Cosmos SDK is a development kit that comes pre-built with various modules that expedite the building process. For instance, the kit has a pre-set of generic modules for common functionalities such as creating accounts and token management to simplify the process of deploying the rollup. 

The RolllApp caters to the client and the server. The server is the application side of the RollApp which helps the user deploy custom business logic in unison with the prepacked modules. The client component, referred to as dymint, is a drop-in replacement for Tendermint and responsible for block production, peer message propagation, and inter-layer networking.

Dymension (DYM) Price Analysis 2024

Will the DYM blockchain’s most recent improvements, additions, and modifications help its price rise? Moreover, will the changes in trends and the behavior of traders in the crypto industry affect DYM’s sentiment over time? Read more to find out about DYM’s 2024 price analysis.

Dymension (DYM) Price Analysis – Bollinger Bands

The Bollinger bands are a type of price envelope developed by John Bollinger. It gives a range with an upper and lower limit for the price to fluctuate. The Bollinger bands work on the principle of standard deviation and period (time). 

The upper band, as shown in the chart, is calculated by adding two times the standard deviation to the Simple Moving Average while the lower band is calculated by subtracting two times the standard deviation from the Simple Moving Average.

DYM/USDT 3-min Chart Showing Bollinger Bands (Source: TradingView)

When this setup is used in a cryptocurrency chart, we could expect the price of the cryptocurrency to reside within the upper and lower bounds of the Bollinger bands 95% of the time. 

The above thesis is derived from an empirical law also known as the three-sigma rule, or 68-95-99.7, which states that almost all observed data for a normal distribution (Gaussian distribution) will fall within three standard deviations. 

As such, for a data set that follows a normal distribution, 68% of the data will fall within one standard deviation of the mean, while 95% of the data for the normal distribution will fall within two standard deviations of the mean, and 99.7% of the data will fall within three standard deviations of the mean. 

Hence, as the Bollinger bands are calculated using two standard deviations, we could expect DYM to abide within the Bollinger bands 95% of the time. (i.e., whenever the cryptocurrency touches the upper band, the chances of it coming down are 95%.). This concept applies vice-versa as well. 

Moreover, the sections highlighted by red rectangles show how the bands expand and contract. When the bands widen, we could expect more volatility, and when the bands contract, it denotes less volatility.

Additionally, the green rectangles represent a distinct occasion where DYM hugged the lower band. When this happens, the market is oversold. 

DYM/USDT 3-min Chart Showing Bollinger Bands (Source: TradingView)

The above chart shows DYM’s uptrend in green and the downtrend in red. As the Bollinger bands are maintaining a constant bandwidth, there could be less volatility. Currently, the Bollinger band trend indicator has turned red as DYM is not performing well. It is in the lower half of the Bollinger and is testing the SMA. With more buyers arriving into the market, there’s every chance that DYM could break the SMA and move into the upper half of the Bollinger Band. 

The Bollinger bandwidth percentile indicator that shows the expansion and the contraction of the band in percentage reads a value of 0. This shows that the bands have contracted to their maximum capacity and there could be a session where the bands widen. 

Dymension (DYM) Price Analysis – Relative Strength Index

The Relative Strength Index is an indicator that is used to find out whether the price of a security is overvalued or undervalued. As per its name, RSI indicators help determine how the security is doing at present, relative to its previous price. 

Moreover, it has a signal line, which is a Simple Moving Average (SMA) that acts as a yardstick or reference to the RSI line. Hence, whenever the RSI line is above the SMA, it is considered bullish, and if it’s below the SMA, then it is bearish. 

DYM/USDT 3-min Chart Showing Relative Strength Index (Source: TradingView)

When considering the first green rectangle from the left of the chart, we can see that the RSI is below the signal. Hence, DYM is bearish, and as a result, it is making lower lows. The second green rectangle shows that the RSI line (purple) is above the signal line (yellow). As such, DYM is bullish or gaining value. Therefore, it is reaching higher highs, as shown in the chart. 

Currently, the RSI shows a value of 44 and it has crossed just below the Signal line. If this motion continues, there is a high chance that the RSI could go into the oversold region. But the above-stated may not happen as the RSI has broken the recent trend of making lower highs with a higher high. It could be that the market has reached a saturation point. 

DYM/USDT 3-min Chart Showing Relative Strength Index (Source: TradingView)

The Cyclic Smoothed RSI which has adaptive overbought and oversold bands is an advanced version of the RSI. It nullifies the distortions of the RSI which has whiplashes of movements into the overbought and oversold region. This could lead to false alarms and improper decisions by the traders. 

The Cyclic RSI reads a value of 39 on its scale. This shows that DYM is overbought and the line seems to be further heading downwards. If the buying volume dwindles, the DYM could go deep into bear territory. 

However, the RSI Volume Weight Average Price (RSI-VWAP) has just crossed the overbought region and fallen below 80. As the RSI VWAP considers the volume, it could be stated that the trading volume has slightly reduced. 

Dymension (DYM) Price Analysis – Moving Average Convergence and Divergence (MACD)

The Moving Average Convergence and Divergence indicators use two exponential moving averages (EMA) to find how the cryptocurrency is doing. Usually, the longer EMA is the 26-day EMA, and the shorter is the 12-day EMA. The MACD is found by reducing the 12-day EMA from the 26-day EMA. If the MACD is positive, that means the crypto is performing well, but if it’s negative, then it is losing value.

DYM/USDT 3-min Chart Showing Moving Average Convergence and Divergence (Source: TradingView)

The above chart shows two occasions where the MACD was in the positive and negative zones. Furthermore, the MACD has a signal line that is an average of the MACD. This helps the user adjudicate how well the MACD is doing compared to the signal. 

Currently, the MACD reads a value of -0.037 but the positive part is that the line has flattened and it is now horizontal. This shows that DYM has recovered significantly. Buyers may need to wait for the MACD line to cross the Signal line from below to enter the market.

DYM/USDT 3-min Chart Showing Moving Average Convergence and Divergence (Source: TradingView)

The above chart shows the MACD used with the Bollinger band concept. It has a superior and inferior band which are the overbought and oversold regions for the MACD. Currently, the MACD reads a value of  -0.028 and it is in the overbought region. There is a high chance that the MACD could fall back into the normal fluctuating range. 

Dymension (DYM) Price Prediction 2024-2030 Overview

YearMinimum PriceAverage PriceMaximum Price

Dymension (DYM) Price Prediction 2024

DYM/USDT 3-min Chart (Source: Tradingiew)

The above chart shows DYM losing value after touching the Resistance level 1. After reaching the Support level at around $4.9, DYM has been consolidating between $4.9 and $5.3. When observing the pattern inside this tight range, it could be seen that DYM formed the rising wedge pattern and broke out. It was making higher highs and higher lows inside the rising wedge. Once DYM broke out, it emitted signs of a conventional break out from a rising wedge. 

Usually, when there is a break out from a rising wedge, it is an accepted norm to expect the price to drop by the height of the wedge at the initial stages of formation (blue arrow). Although DYM has reduced in value it hasn’t still reached the height of the wedge or the blue arrow. This ponders one to think maybe the descent is still on. 

If the above-stated assumption is the scenario, DYM could fall to $4.8. However, if this is just another part of DYM consolidating within the tight range, we could expect it to test the $5.3 resistance level in the short term. 

Since the token is new and the RollApp is an ambitious project, there could be more exposure in the future and buyers could flock to the market. In this case, DYM could reach at least $6. However, this is based on DYM’s very short historic behavior which would be too short to adjudicate its future rally to new heights. 

The purple bar at the top of the chart shows the price range with excess supply while the orange bar at the bottom of the chart shows the demand levels. The equilibrium level for the supply and demand lies near $5.5.

Furthermore, the Fixed Range Volume Profile (FRVP) indicator shows that DYM is near the Point of Control– the price at which most pieces were traded. Hence, we could expect more volatility in the future, given that the buyers and sellers don’t cancel out each other.  

Dymension (DYM) Price Prediction 2025

DYM may still experience the after-effects of the Bitcoin halving and is expected to trade above its 2024 price. Many trade analysts speculate that BTC halving could create a huge impact on the crypto market. Moreover, similar to many altcoins, DYM will continue to rise in 2025, forming new resistance levels. It is expected that DYM would trade beyond the $18 level.

Dymension (DYM) Price Prediction 2026

It is expected that after a long period of bull runs, the bears will come into power and start negatively impacting cryptocurrencies. During this bearish sentiment, DYM could tumble into its support regions. During this period of price correction, DYM could lose momentum and be a little below its 2025 price. As such, it could be trading at $23 by 2026. 

Dymension (DYM) Price Prediction 2027

Naturally, traders expect bullish market sentiment after the crypto industry was negatively affected by the bears’ claw. Moreover, the build-up to the next Bitcoin halving in 2028 could evoke excitement in traders. We could expect DYM to trade at around $29 by the end of 2027. 

Dymension (DYM) Price Prediction 2028

As the crypto community’s hope will be re-ignited looking forward to Bitcoin halving like many altcoins, DYM will continue to form new higher highs and is expected to move in an upward trajectory. Hence, DYM would be trading at $35 after experiencing a massive surge by the end of 2028. 

Dymension (DYM) Price Prediction 2029

2029 is expected to be another bull run due to the aftermath of the BTC halving. However, traders speculate that the crypto market will gradually become stable by this year. In tandem with the stable market sentiment and the slight price surge expected after the aftermath, DYM could be trading at $51 by the end of 2029.

Dymension (DYM) Price Prediction 2030

After witnessing a bullish run in the market, DYM and many altcoins would show signs of consolidation and might trade sideways and move downwards for some time while experiencing minor spikes. Therefore, by the end of 2030, DYM could be trading at $58.

Dymension (DYM) Price Prediction 2040

The long-term forecast for DYM indicates that this altcoin could reach a new all-time high (ATH). This would be one of the key moments, as hodlers may expect to sell some of their tokens at the ATH point. 

If they start selling, then DYM could fall in value. It is expected that the average price of DYM could reach $68 by 2040.

Dymension (DYM) Price Prediction 2050

The community believes that there will be widespread adoption of cryptocurrencies, which could maintain gradual bullish gains. By the end of 2050, if the bullish momentum is maintained, DYM could hit $92. 


If investors continue to show interest in DYM and add these tokens to their portfolio, then it could continue to rise. DYM’s bullish price prediction shows that it could reach the $6 level. 


What is Dymension (DYM)?

Dymension is a home for easily deployable and lightning-fast fast app-chains, called RollApps.

How to buy Dymension (DYM) tokens?

DYM can be traded on many exchanges like Binance, Bybit, Bitget, BingX, and XT.COM.

Can DYM reach $10 soon?

DYM has been consolidating within a tight range but this sideways movement might come to an end as there seems to be more trading volume building. Hence, DYM could reach $6.  

Is DYM a good investment? 

DYM has been one of the most suitable investments in the crypto space. We could see that it was rising exponentially when the bottom was reached. Hence, traders may be allured to invest in DYM.

What is the maximum supply of DYM?

The maximum supply of DYM is 1,000,000,000 DYM.

Where do I store DYM?

DYM can be stored in a cold wallet, a hot wallet, or an exchange wallet.

What will be the Dymension (DYM) price in 2024?

DYM is expected to reach $6 by 2024.

What will be the Dymension (DYM) price in 2025?

DYM is expected to reach $18 by 2025.

What will be the Dymension (DYM) price in 2026?

DYM is expected to reach $23 by 2026.

What will be the Dymension (DYM) price in 2027?

DYM is expected to reach $29 by 2027.

What will be the Dymension (DYM) price in 2028?

DYM is expected to reach $35 by 2028.

What will be the Dymension (DYM) price in 2029?

DYM is expected to reach $51 by 2029.

What will be the Dymension (DYM) price in 2030?

DYM is expected to reach $58 by 2030.

What will be the Dymension (DYM) price in 2040?

DYM is expected to reach $68 by 2040.

What will be the Dymension (DYM) price in 2050?

DYM is expected to reach $92 by 2050.

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

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