The purpose of this article is to provide a comprehensive prediction of the Shiden Network (SDN) price.
We will base our forecast on a range of factors, including market trends, technological advancements, and economic indicators.
Our team will delve into an in-depth analysis, utilizing both technical and fundamental approaches to forecast the future price of Shiden Network.
This includes studying historical price patterns, volume trends, and the overall market sentiment. We will also consider the potential impact of upcoming developments within the Shiden Network project.
Shiden Network (SDN) Fundamental Analysis
| Project Name | Shiden Network |
| Symbol | SDN |
| Current Price | $ 0.058952 |
| Price Change (24h) | 2.76% |
| Market Cap | $ 3.94 M |
| Volume (24h) | $ 73,697 |
| Current Supply | 66,915,368 |
Shiden Network (SDN) is currently trading at $ 0.058952 and has a market capitalization of $ 3.94 M.
Over the last 24 hours, the price of Shiden Network has changed by 2.76%, positioning it 1453 in the ranking among all cryptocurrencies with a daily volume of $ 73,697.
Shiden Network (SDN) Long-Term Price Prediction
| Year | Lowest Price | Average Price | Highest Price |
|---|---|---|---|
| 2025 | $12.73 | $20.65 | $28.79 |
| 2026 | $33.78 | $48.35 | $55.91 |
| 2027 | $34.25 | $44.78 | $53.81 |
| 2028 | $21.87 | $30.62 | $38.53 |
| 2029 | $45.31 | $62.87 | $79.44 |
| 2030 | $77.39 | $105.52 | $136.87 |
Shiden Network Price Prediction 2025
Starting in 2025, we envisage a significant leap in Shiden Network’s value, spurred by wider crypto adaptation and regulatory approval.
The average SDN price is projected to reach $20.65, with a peak at $28.79.
This growth can be attributed to increased blockchain usage and the network’s effectiveness in decentralized applications (dApps).
Shiden Network Price Prediction 2026
In 2026, the Shiden Network is expected to continue this positive trend, reaching an average price of $48.35 and peaking at $55.91.
Factors such as technological advancements, network updates and global crypto acceptance can contribute to this rise.
Shiden Network Price Prediction 2027
While 2027 is anticipated as a correction year, SDN’s lowest price should still remain at a healthy $34.25, with an average price of $44.78 and a high of $53.81.
This slight dip will be part of the common market cycles and doesn’t negate the overall growth pattern.
Shiden Network Price Prediction 2028
By 2028, SDN prices will likely fall further, with the lowest price projected at $21.87, an average of $30.62, and a high of $38.53.
This reflects the market’s cyclical correction phase, which should be followed again by a dramatic rise.
Shiden Network Price Prediction 2029
With the end of the correction years, we foresee a swift recovery.
An average price of $62.87 and a peak price at $79.44 are achievable due to the continuing growth of decentralized finance (DeFi) and stronger market dynamics.
Shiden Network Price Prediction 2030
As for 2030, we anticipate a further surge in the price of Shiden Network’s SDN, reaching an estimated average of $105.52 and even surging up to a peak of $136.87.
This bullish prediction is based on wider use of blockchain technology, increased adoption of cryptocurrencies, and the Shiden Network’s potential as an effective solution for dApps.
Shiden Network (SDN) Technical Analysis
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Technical Analysis is a trading discipline employed to evaluate investments and identify trading opportunities by analyzing statistical trends gathered from trading activity, such as price movement and volume.
When making Shiden Network price predictions, Technical Analysis is of great importance as it helps in predicting future price movements based on past trading data and market sentiment.
- Trend Lines: Trend lines are one of the most common and helpful tools in a Technical analyst’s kit. They indicate the direction of price movements, allowing traders to understand the coin’s previous behavior and make predictions for the future.
- Relative Strength Index (RSI): This is another widely used trading indicator that can help predict future price movements. A high RSI (typically above 70) indicates a coin is overbought, suggesting its price may decrease, whilst a low RSI (usually below 30) implies a coin is oversold and its price may increase.
- Moving Averages (MA): Moving averages smooth out price data to form a trend-following indicator. They do not predict price direction, but rather define the current direction with a lag. Moving averages can help traders to spot potential reversals before they happen, therefore being helpful in price predictions.
Shiden Network Price Predictions FAQs
What is Shiden Network?
Shiden Network (SDN) is a multi-chain decentralized platform that supports the Ethereum network and layer 2 scaling solutions. It is a sister network to Kusama and is being developed to allow for seamless interaction between various blockchains.
How is Shiden Network’s price predicted?
Shiden Network’s price is predicted through various methods including Technical Analysis, Fundamental Analysis, and market sentiment. These methods help to evaluate investments and identify trading opportunities by analyzing statistical trends gathered from trading activity.
Can I trust Shiden Network price predictions?
While Shiden Network price predictions can give you a general idea of the direction a token’s price may move, they’re not foolproof. There’s always a degree of risk when investing in cryptocurrencies as they are subject to high price volatility. Always conduct your own research and consult with a financial advisor before investing.
