Thursday, December 8, 2022
 

Syscoin (SYS) Price Prediction: Will SYS Price Reach $0.3 in 2022?

  • Bullish SYS price prediction ranges from $0.1719 to $0.1999.
  • SYS price might also reach $0.3 this 2022.
  • SYS’s bearish market price prediction for 2022 is $0.1247.

Syscoin is an open-sourced decentralized blockchain project that provides Web 3.0. It also provides solutions for collectables and non-fungible tokens in its enterprise platform. Its native token is called SYS.

Syscoin investors are bullish on the token since it has had a return on investment (ROI) of over 833 in the past eight years. Although most altcoins, together with Bitcoin, attained their present all-time high (ATH) price during the crypto bubbles in 2021, SYS ATH’s price of $1.31 in January 2022. Irrespective of the recent crypto winter, SYS investors are confident that the future of SYS is bullish.

If you are interested in the future of Syscoin (SYS) and want to know the price analysis and prediction of SYS for 2022, 2023, 2024, 2025, 2026, and up to 2030, keep reading this CoinEdition article.

What is Syscoin (SYS)?

Syscoin is an open-sourced blockchain that supports Web 3 solutions. Its combination of layer 1 and layer 2 makes it able to combine the best of Bitcoin and Ethereum in one place. It was founded in August 2014 by Dan Wasyluk as co-founder and CEO.

Presently, Syscoin takes pride as the only Layer-1 blockchain with Ethereum Virtual Machine (EVM) compatibility. This has attracted top ecosystem partners like Polygon, Viawallet, Mute, Klever, Binance, Blockchain Foundry, azure, and Komodo.

Syscoin blockchain enables developers to build and deploy scalable and secured intelligent contracts through its use of Network Enhanced Virtual Machine (NEVM) Smart Contract. Syscoin (SYS) is also minable because it uses Bitcoin-clad security, enabled by the Bitcoin Proof-of-Work consensus mechanism.

Syscoin Foundation is responsible for all activities within the Syscoin ecosystem. Some of its contributing partners as they work towards building collective prosperity are Pollum, Elint and Blockchain Foundry.

Syscoin blockchain has very low transaction fees, and in the first quarter of 2022, it can complete 210k transactions per second (TPS). DAOSYS, Validium, ZK-Rollups and Optimistic Rollups are to be implemented within the Syscoin blockchain. The Syscoin DAO aims to provide self-sovereignty to all developers within the Syscoin ecosystem and governance-free treasury management.

Syscoin (SYS) Current Market Status

The maximum supply of SYS is 888,000,000 SYS, while its circulating supply is 658,890,312 SYS, according to CoinMarketCap. At the time of writing, SYS is trading for $0.1648, representing 24 hours increase of 24.42%. The trading volume of SYS in the past 24 hours is $24.1 million, representing a 1000% increase.

Some top cryptocurrency exchanges for trading Syscoin (SYS) are Binance, Huobi Global, Gate.io, Bittrex and others.

Now that you know what SYS is and its current market status, we shall discuss the price analysis of Syscoin (SYS) for 2022.

Syscoin (SYS) Price Analysis 2022

Currently, SYS is ranked in the 174th position on CoinMarketCap. Will developments and upgrades within the Syscoin ecosystem lead to a rising price of Syscoin (SYS)? We shall see in this CoinEdition price analysis 2022 article.

Syscoin (SYS) Price Analysis- Keltner Channel

SYS/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)

Keltner Channel is a technical analysis indicator used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for Syscoin (SYS), it could be seen that the present bullish run could continue since the recent candlesticks are within the first half of the chart from the top. Also, since the last candlestick is bullish, the present increase in the price of SYS might be sustained before any reversal would be expected.

Syscoin (SYS) Price Analysis- Relative Strength Index

SYS/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)
SYS/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)

The Relative Strength Index (RSI) is a technical analysis indicator that measures the relative momentum in the magnitude and speed of recent price changes of an asset to deduce if it is an oversold or overbought asset. The RSI value of Syscoin (SYS) 1day chart of SYS/USDT is at 54.39.  This shows that SYS is showing a strong trend between 50 and 70. This value could trigger a further bullish run if more buyers could be attracted to gain from the expected price increase to the 70 RSI value, which is the overbought region, before any price correction soon.

Syscoin (SYS) Price Analysis- Moving Averages

SYS/USDT 4-Hour Chart Showing 200-MA and 100-MA (Source: Tradingview)
SYS/USDT 4-Hour Chart Showing 200-MA and 100-MA (Source: Tradingview)

The chart above shows the 4-Hour SYS 200-day and 100-day Moving Average (MA) chart. As indicated in the recent uptrend, SYS is on a bullish trend. Since the 200-MA is above the 100-MA, we can deduce that the price is bullish for long-term hodlers.

Also, since the gap between the moving averages is wide and within the recently formed candlesticks, the price of Syscoin (SYS) might experience a significant rise or fall in the future.

Syscoin (SYS) Price Prediction 2022

SYS/USDT 1Day Chart (Source: Tradingview)
SYS/USDT 1Day Chart (Source: Tradingview)

By looking at the daily chart of SYS/USDT, the SYS price was swinging from $0.1795 resistance2 to $0.1719 resistance1 after touching the support levels of $0.1569 and $0.1441. It reversed from the support level of $0.1569 and now going sideways in the market and is expected to be bullish in the coming weeks.

Meanwhile, our long-term SYS price prediction for 2022 is bullish since it cannot break the present support level soon. We can expect SYS to reach $0.3 in 2022.

Syscoin (SYS) Price Prediction-Resistance and Support Levels

SYS/USDT 1Day Chart (Source: Tradingview)
SYS/USDT 1Day Chart (Source: Tradingview)

This bullish chart shows that the price of SYS has increased by 7.8% in the past seven days. If this price increase continues, SYS could break the $0.1719 resistance1 level, move higher to $0.1999 at the resistance4 level, and even higher, the bullish signal for 2022.

However, if sellers have their way, the price of SYS might be dethroned from its present uptrend position. In simpler terms, SYS might trend below the $0.1247 support4 level and even lower in 2022, a bearish signal.

Syscoin (SYS) Price Prediction 2023

If the value of the SYS’s relative strength index (RSI) is at least 50, by the end of 2022, the bulls and investors will be in charge. This could spill over into the first half of 2023, which could make the price of Syscoin (SYS) trade around $0.5 by the end of 2023.

Syscoin (SYS) Price Prediction 2024

The positive sentiments that come with the news of Bitcoin halving could directly impact the price of Syscoin (SYS). Since 2024 is a year of Bitcoin halving, and most cryptocurrencies respond in the same trend as Bitcoin, we could see the price of SYS trade at $0.7 by the end of 2024.

Syscoin (SYS) Price Prediction 2025

By the end of 2025, the price of Syscoin (SYS) could rise to $1. This is because of the price surge a year after Bitcoin halved. Also, considering that more developments will be introduced into the Syscoin platform to ensure that its users are relatively increasing, this price target could be attained.

Syscoin (SYS) Price Prediction 2026

With the number of SYS hodlers on the increase and the growing sentiment about cryptocurrencies, SYS has the possibility of holding most of its recent gains and consolidating. Hence, the price of SYS could trade around $2 by the end of 2026 due to the bear market that serves as a market correction after a strong bullish run.

Syscoin (SYS) Price Prediction 2027

By the end of 2026, most investors will be preparing for a possible trend reversal in the direction of the bulls. This is due to the possibility that the market has attained its minimum support level. The price of SYS could surge to $4 by the end of 2027.

Syscoin (SYS) Price Prediction 2028

In 2028, there will be Bitcoin halving. Hence, the consolidating market in 2027 could be followed by a bullish run. This is due to the impact of news surrounding any year of Bitcoin halving. It is, therefore, possible that the market could attain higher high values. Syscoin (SYS) could hit $8 by the end of 2028.

Syscoin (SYS) Price Prediction 2029

By 2029, there could be much stability in the price of most cryptocurrencies that had stayed for over a decade. This is due to implementing some lessons learnt to ensure their investors retain the project’s confidence. This impact, coupled with the price surge that follows a year after Bitcoin halving, could surge the price of SYS to $16 by the end of 2029.

Syscoin (SYS) Price Prediction 2030

The cryptocurrency market experienced high stability due to the holding activities of early investors so as not to lose future gains in the price of their assets. We could expect the price of Syscoin (SYS) to trade around $20 by the end of 2030, irrespective of the previously bearish market that followed a market surge in the earlier years.

Conclusion

As said above, SYS might reach $0.3 in 2022 and $20 by 2030 if investors have decided that SYS is a good investment, along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

What is Syscoin (SYS)?

SYS is the native token of the Syscoin decentralized blockchain platform.

How to buy Syscoin (SYS) Token?

Like other cryptocurrencies, Syscoin (SYS) can be traded in cryptocurrency exchanges like Binance, Huobi Global, Kucoin, Gate.io, and others.

Will SYS surpass its present ATH?

SYS has a low possibility of surpassing its present all-time high (ATH) price of $1.31 in 2022.

When was Syscoin (SYS) launched?

It was launched in August 2014.

What will be the Syscoin (SYS) price by 2023?

Syscoin (SYS) price is expected to reach $0.5 by 2023.

What will be the Syscoin (SYS) price by 2024?

Syscoin (SYS) price is expected to reach $0.7 by 2024.

What will be the Syscoin (SYS) price by 2025?

Syscoin (SYS) price is expected to reach $1 by 2025.

What will be the Syscoin (SYS) price by 2026?

Syscoin (SYS) price is expected to reach $2 by 2026.

What will be the Syscoin (SYS) price by 2027?

Syscoin (SYS) price is expected to reach $4 by 2027.

What will be the Syscoin (SYS) price by 2028?

Syscoin (SYS) price is expected to reach $8 by 2028.

What will be the Syscoin (SYS) price by 2029?

Syscoin (SYS) price is expected to reach $16 by 2029.

What will be the Syscoin (SYS) price by 2030?

Syscoin (SYS) price is expected to reach $20 by 2030.

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 affiliates will not be held liable for direct damage or loss.

More Crypto Price Predictions:

  • Bullish SYS price prediction ranges from $0.1719 to $0.1999.
  • SYS price might also reach $0.3 this 2022.
  • SYS’s bearish market price prediction for 2022 is $0.1247.

Syscoin is an open-sourced decentralized blockchain project that provides Web 3.0. It also provides solutions for collectables and non-fungible tokens in its enterprise platform. Its native token is called SYS.

Syscoin investors are bullish on the token since it has had a return on investment (ROI) of over 833 in the past eight years. Although most altcoins, together with Bitcoin, attained their present all-time high (ATH) price during the crypto bubbles in 2021, SYS ATH’s price of $1.31 in January 2022. Irrespective of the recent crypto winter, SYS investors are confident that the future of SYS is bullish.

If you are interested in the future of Syscoin (SYS) and want to know the price analysis and prediction of SYS for 2022, 2023, 2024, 2025, 2026, and up to 2030, keep reading this CoinEdition article.

What is Syscoin (SYS)?

Syscoin is an open-sourced blockchain that supports Web 3 solutions. Its combination of layer 1 and layer 2 makes it able to combine the best of Bitcoin and Ethereum in one place. It was founded in August 2014 by Dan Wasyluk as co-founder and CEO.

Presently, Syscoin takes pride as the only Layer-1 blockchain with Ethereum Virtual Machine (EVM) compatibility. This has attracted top ecosystem partners like Polygon, Viawallet, Mute, Klever, Binance, Blockchain Foundry, azure, and Komodo.

Syscoin blockchain enables developers to build and deploy scalable and secured intelligent contracts through its use of Network Enhanced Virtual Machine (NEVM) Smart Contract. Syscoin (SYS) is also minable because it uses Bitcoin-clad security, enabled by the Bitcoin Proof-of-Work consensus mechanism.

Syscoin Foundation is responsible for all activities within the Syscoin ecosystem. Some of its contributing partners as they work towards building collective prosperity are Pollum, Elint and Blockchain Foundry.

Syscoin blockchain has very low transaction fees, and in the first quarter of 2022, it can complete 210k transactions per second (TPS). DAOSYS, Validium, ZK-Rollups and Optimistic Rollups are to be implemented within the Syscoin blockchain. The Syscoin DAO aims to provide self-sovereignty to all developers within the Syscoin ecosystem and governance-free treasury management.

Syscoin (SYS) Current Market Status

The maximum supply of SYS is 888,000,000 SYS, while its circulating supply is 658,890,312 SYS, according to CoinMarketCap. At the time of writing, SYS is trading for $0.1648, representing 24 hours increase of 24.42%. The trading volume of SYS in the past 24 hours is $24.1 million, representing a 1000% increase.

Some top cryptocurrency exchanges for trading Syscoin (SYS) are Binance, Huobi Global, Gate.io, Bittrex and others.

Now that you know what SYS is and its current market status, we shall discuss the price analysis of Syscoin (SYS) for 2022.

Syscoin (SYS) Price Analysis 2022

Currently, SYS is ranked in the 174th position on CoinMarketCap. Will developments and upgrades within the Syscoin ecosystem lead to a rising price of Syscoin (SYS)? We shall see in this CoinEdition price analysis 2022 article.

Syscoin (SYS) Price Analysis- Keltner Channel

SYS/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)

Keltner Channel is a technical analysis indicator used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for Syscoin (SYS), it could be seen that the present bullish run could continue since the recent candlesticks are within the first half of the chart from the top. Also, since the last candlestick is bullish, the present increase in the price of SYS might be sustained before any reversal would be expected.

Syscoin (SYS) Price Analysis- Relative Strength Index

SYS/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)
SYS/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)

The Relative Strength Index (RSI) is a technical analysis indicator that measures the relative momentum in the magnitude and speed of recent price changes of an asset to deduce if it is an oversold or overbought asset. The RSI value of Syscoin (SYS) 1day chart of SYS/USDT is at 54.39.  This shows that SYS is showing a strong trend between 50 and 70. This value could trigger a further bullish run if more buyers could be attracted to gain from the expected price increase to the 70 RSI value, which is the overbought region, before any price correction soon.

Syscoin (SYS) Price Analysis- Moving Averages

SYS/USDT 4-Hour Chart Showing 200-MA and 100-MA (Source: Tradingview)
SYS/USDT 4-Hour Chart Showing 200-MA and 100-MA (Source: Tradingview)

The chart above shows the 4-Hour SYS 200-day and 100-day Moving Average (MA) chart. As indicated in the recent uptrend, SYS is on a bullish trend. Since the 200-MA is above the 100-MA, we can deduce that the price is bullish for long-term hodlers.

Also, since the gap between the moving averages is wide and within the recently formed candlesticks, the price of Syscoin (SYS) might experience a significant rise or fall in the future.

Syscoin (SYS) Price Prediction 2022

SYS/USDT 1Day Chart (Source: Tradingview)
SYS/USDT 1Day Chart (Source: Tradingview)

By looking at the daily chart of SYS/USDT, the SYS price was swinging from $0.1795 resistance2 to $0.1719 resistance1 after touching the support levels of $0.1569 and $0.1441. It reversed from the support level of $0.1569 and now going sideways in the market and is expected to be bullish in the coming weeks.

Meanwhile, our long-term SYS price prediction for 2022 is bullish since it cannot break the present support level soon. We can expect SYS to reach $0.3 in 2022.

Syscoin (SYS) Price Prediction-Resistance and Support Levels

SYS/USDT 1Day Chart (Source: Tradingview)
SYS/USDT 1Day Chart (Source: Tradingview)

This bullish chart shows that the price of SYS has increased by 7.8% in the past seven days. If this price increase continues, SYS could break the $0.1719 resistance1 level, move higher to $0.1999 at the resistance4 level, and even higher, the bullish signal for 2022.

However, if sellers have their way, the price of SYS might be dethroned from its present uptrend position. In simpler terms, SYS might trend below the $0.1247 support4 level and even lower in 2022, a bearish signal.

Syscoin (SYS) Price Prediction 2023

If the value of the SYS’s relative strength index (RSI) is at least 50, by the end of 2022, the bulls and investors will be in charge. This could spill over into the first half of 2023, which could make the price of Syscoin (SYS) trade around $0.5 by the end of 2023.

Syscoin (SYS) Price Prediction 2024

The positive sentiments that come with the news of Bitcoin halving could directly impact the price of Syscoin (SYS). Since 2024 is a year of Bitcoin halving, and most cryptocurrencies respond in the same trend as Bitcoin, we could see the price of SYS trade at $0.7 by the end of 2024.

Syscoin (SYS) Price Prediction 2025

By the end of 2025, the price of Syscoin (SYS) could rise to $1. This is because of the price surge a year after Bitcoin halved. Also, considering that more developments will be introduced into the Syscoin platform to ensure that its users are relatively increasing, this price target could be attained.

Syscoin (SYS) Price Prediction 2026

With the number of SYS hodlers on the increase and the growing sentiment about cryptocurrencies, SYS has the possibility of holding most of its recent gains and consolidating. Hence, the price of SYS could trade around $2 by the end of 2026 due to the bear market that serves as a market correction after a strong bullish run.

Syscoin (SYS) Price Prediction 2027

By the end of 2026, most investors will be preparing for a possible trend reversal in the direction of the bulls. This is due to the possibility that the market has attained its minimum support level. The price of SYS could surge to $4 by the end of 2027.

Syscoin (SYS) Price Prediction 2028

In 2028, there will be Bitcoin halving. Hence, the consolidating market in 2027 could be followed by a bullish run. This is due to the impact of news surrounding any year of Bitcoin halving. It is, therefore, possible that the market could attain higher high values. Syscoin (SYS) could hit $8 by the end of 2028.

Syscoin (SYS) Price Prediction 2029

By 2029, there could be much stability in the price of most cryptocurrencies that had stayed for over a decade. This is due to implementing some lessons learnt to ensure their investors retain the project’s confidence. This impact, coupled with the price surge that follows a year after Bitcoin halving, could surge the price of SYS to $16 by the end of 2029.

Syscoin (SYS) Price Prediction 2030

The cryptocurrency market experienced high stability due to the holding activities of early investors so as not to lose future gains in the price of their assets. We could expect the price of Syscoin (SYS) to trade around $20 by the end of 2030, irrespective of the previously bearish market that followed a market surge in the earlier years.

Conclusion

As said above, SYS might reach $0.3 in 2022 and $20 by 2030 if investors have decided that SYS is a good investment, along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

What is Syscoin (SYS)?

SYS is the native token of the Syscoin decentralized blockchain platform.

How to buy Syscoin (SYS) Token?

Like other cryptocurrencies, Syscoin (SYS) can be traded in cryptocurrency exchanges like Binance, Huobi Global, Kucoin, Gate.io, and others.

Will SYS surpass its present ATH?

SYS has a low possibility of surpassing its present all-time high (ATH) price of $1.31 in 2022.

When was Syscoin (SYS) launched?

It was launched in August 2014.

What will be the Syscoin (SYS) price by 2023?

Syscoin (SYS) price is expected to reach $0.5 by 2023.

What will be the Syscoin (SYS) price by 2024?

Syscoin (SYS) price is expected to reach $0.7 by 2024.

What will be the Syscoin (SYS) price by 2025?

Syscoin (SYS) price is expected to reach $1 by 2025.

What will be the Syscoin (SYS) price by 2026?

Syscoin (SYS) price is expected to reach $2 by 2026.

What will be the Syscoin (SYS) price by 2027?

Syscoin (SYS) price is expected to reach $4 by 2027.

What will be the Syscoin (SYS) price by 2028?

Syscoin (SYS) price is expected to reach $8 by 2028.

What will be the Syscoin (SYS) price by 2029?

Syscoin (SYS) price is expected to reach $16 by 2029.

What will be the Syscoin (SYS) price by 2030?

Syscoin (SYS) price is expected to reach $20 by 2030.

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 affiliates will not be held liable for direct damage or loss.

More Crypto Price Predictions:

 

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