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    dYdX Price Prediction

    (dydx)

    $1.47 (7.6346%)

    dYdX Overview

    • dydx is currently trading at USD 1.47 with a forecasted increase of 3.40% to $1.46 by 30 Jul 2024.

    • Technical indicators suggest a Buy market sentiment.

    • Over the last 30 days, dydx has seen 16/30 green days, reflecting a 53% positive trading trend. With a price volatility of 2.60%, dydx exhibits moderate fluctuations.

    • In the past 24 hours, dydx has experienced a positive trend of 7.44% since yesterday. The live market cap stands at USD 889544720, with a circulating supply of 606068271.4561341 coins out of a maximum supply of 1000000000 dydx .

    dYdX Price Forecast

    Our approach to cryptocurrency price forecasting involves training Machine Learning models on diverse datasets and continuously refining them, ensuring adaptability to changing market dynamics and maintaining our position at the forefront of accurate predictions.

    • Our model demonstrates a low Mean Squared Error (MSE) value of 1, indicating minimal variance between predicted and actual cryptocurrency prices.

    • With a Mean Absolute Error (MAE) value of 2, our predictions exhibit a high level of accuracy, capturing the true magnitude of price deviations.

    • The error percentage of 0.90% signifies a negligible deviation between forecasted and observed cryptocurrency prices, instilling confidence in the reliability of our predictions.

    • Our models, supported by MSE, MAE, and error percentage metrics, provide valuable insights for investors seeking informed decisions in navigating the cryptocurrency market.

    DateLowAverageHighROI
    2024-07-231.41.461.522.18
    2024-07-241.421.451.492.18
    2024-07-251.41.441.492.18
    2024-07-261.421.461.52.18
    2024-07-271.41.441.491.05
    2024-07-281.421.471.513.27
    2024-07-291.41.461.522.14
    2024-07-301.41.461.522.14
    2024-07-311.421.481.543.26
    2024-08-011.481.51.525.53
    2024-08-021.51.551.596.69
    2024-08-031.511.541.597.87
    2024-08-041.511.561.6110.24
    2024-08-051.531.581.6411.45
    2024-08-061.581.631.6813.91
    2024-08-071.581.611.6612.65
    2024-08-081.551.621.6812.65
    2024-08-091.61.651.715.13
    2024-08-101.561.591.6413.86
    2024-08-111.611.661.7116.37
    2024-08-121.631.661.7218.93
    2024-08-131.651.681.7317.62
    2024-08-141.631.681.7318.92
    2024-08-151.651.681.7420.22
    2024-08-161.671.71.7520.22

    dYdX Price Prediction 2025

    As per our crypto market analysis through the Machine Learning Model, the peak value of dYdX in 2025 will be around $ 5.05, which may reach a lower value of $ 2.6. The average trading value will be $ 4.58.

    dYdX Price Prediction 2026

    The dYdX in 2026 may touch the highest value of $ 6.72, and the lower value may be around $ 3.72. The average trading value will be around $ 5.95.

    dYdX Price Prediction 2027

    Our prediction on the dYdX token price in 2027 might surprise investors. This year, the dYdX coin may touch the highest value of $ 10.39, and the lower value may be around $5.13. The average trading value will be around $9.26.

    dYdX Price Prediction 2028

    We predict the dYdX coin may reach the maximum value of $13.4 and the lowest value of $7.76 in the 2028 calendar year. The average value will be around $12.03.

    dYdX Price Prediction 2029

    Our market analysis data expects that the highest value of the dYdX crypto may reach $18.79, and it may touch the lowest value of $ 10.333 in 2029. The average trading value of this coin will be around $16.87.

    dYdX Price Prediction 2030

    Our crypto analyst team and Machine Learning experts predict that the maximum dYdX token price will be around $26.74, and the lower value may be approximately $ 14.92 in 2030. The average value will be about $23.91.

    Following the presentation of our forecast table, we provide users with convenient procedure links, offering insight into the comprehensive steps taken to derive our predictions. These resources afford transparency into our analytical process, detailing methodologies, data sources, and algorithms used to formulate forecasts, empowering users to grasp the intricacies behind our predictions.

    dYdX's 50-Day, 200-Day Simple Moving Averages and 14-Day Relative Strength Index - RSI (14)

    Based on our technical analysis, dYdX Coin's200-day SMA is projected to ascend over the next month, reaching $ 1.46 by Jul 30, 2024. Simultaneously, the short-term 50-day SMA is expected to reach $ 1.49 by the same date.

    The Relative Strength Index (RSI) currently stands at 49.68, indicating a Neutral market sentiment for dYdX.

    About dYdX

    The price history of dYdX reflects its journey from $18.88 to $ 1.47, influenced by market demand and various factors. dYdX operates on blockchain technology, facilitating secure and decentralized transactions through its network of nodes and consensus mechanisms.

    FAQs

    Looking ahead to five years, dYdX has the potential to potentially reach $12.28. However, given market volatility, it's crucial to conduct thorough research before investing in any project, network, or asset.

    The current price of dYdX stands at $1.47. Comparing this to its historical averages and other cryptocurrencies in the market, we find that it has increased by 2.87% from last month.

    Recent News: dYdX

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    dYdX Statistics

    dYdX Price$1.47
    dYdX Price Change (24hr)7.6346%
    dYdX Price Change (7d)2.8691%
    dYdX Market$889,544,720
    dYdX Trading Volume21,998,039
    dYdX All time high$4.52
    dYdX Volatility-9.4317%
    dYdX Green Days16/30(53%)
    dYdX 50-Day SMA1.48
    dYdX 200-Day SMA2.46
    dYdX 14-Day RSI51.7521
    dYdX Rate of Change7.6346%
    dYdX Overview
    SymbolPrice($)Change(%)
    cel0.91529970.37
    ctsi0.25807519.80
    sei0.41404818.40
    omni20.6117.94
    bonk0.0000310213.37
    imx1.619.52
    xrp0.5926418.35
    ftm0.5213797.89
    gala0.025275297.80
    dydx1.477.63