Siacoin Price Prediction 2022-2026-Will the Price of SC Hit $0.015 by the end of 2022?
What is Siacoin (SC)?
Siacoin encrypts and distributes your files across a decentralized network. You control your private encryption keys and you own your data. No outside company or third party can access or control your files, unlike traditional cloud storage providers.
It combines a peer-to-peer network with blockchain technology to create the world's first decentralized storage platform.
Now, we shall consider the price analysis of Siacoin (SC) for the coming years.
Flashback: Fundamental Analysis of Siacoin (SC)
There is news of different systems being hacked due to access of the attackers to the exchange storage facility. However, with Siacoin, the cloud storage facility is decentralized and the server anonymous. This makes the Siacoin platform to be a good alternative to exchanges and users who hold a lot of funds. The Sia system is highly secured and the coin will be in demand as investors and exchanges look for secured storage facilities that will project their funds.
We shall now consider what charts are showing about the price analysis of Siacoin (SC).
https://www.tradingview.com/x/jRxUFnak/
From the 1day chart above showing the Ema Ribbon indicator for SC/USDT, we can deduce that the price of Siacoin might consolidate soon. This is because the Ema ribbon moving averages are within the recently formed candlesticks.
https://www.tradingview.com/x/BRRbjGiP/
The chart above shows the balance of power indicator which is used to determine if a market is controlled by either the buyers or sellers. From the chart for SC/USDT, we can see that its BOP value is 0.20. Since it is above 0, it means that the bulls are having their way and that the price of Siacoin might increase soon since it also has a positive divergence.
Now, we shall look at the price prediction of Siacoin (SC) for the coming years.
Price Prediction of Siacoin (SC) in 2022
The price of Siacoin (SC) is expected to gain at least 15% by the end of June 2022 from its present price from its technical analysis. This means that it will be trading at around $0.012 by the end of the first half. Its price is expected to rise by at least 20% in the second quarter. This means that SC would trade at least $0.015 by the end of December 2022.
Price Prediction of Siacoin (SC) in 2023
The price of Siacoin (SC) is expected to gain at least 10% by the end of June 2023 from its present price from its technical analysis. This means that it will be trading at around $0.016 by the end of the first half. Its price is expected to rise by at least 15% in the second quarter. This means that SC would trade at least $0.019 by the end of December 2023.
Price Prediction of Siacoin (SC) in 2024
The price of Siacoin (SC) is expected to gain at least 18% by the end of June 2024 from its present price from its technical analysis. This means that it will be trading at around $0.022 by the end of the first half. Its price is expected to rise by at least 16% in the second quarter. This means that SC would trade at least $0.026 by the end of December 2024.
Price Prediction of Siacoin (SC) in 2025
The price of Siacoin (SC) is expected to gain at least 12% by the end of June 2025 from its present price from its technical analysis. This means that it will be trading at around $0.029 by the end of the first half. Its price is expected to rise by at least 20% in the second quarter. This means that SC would trade at least $0.035 by the end of December 2025.
Price Prediction of Siacoin (SC) in 2026
The price of Siacoin (SC) is expected to gain at least 15% by the end of June 2026 from its present price from its technical analysis. This means that it will be trading around $0.040 by the end of the first half. Its price is expected to rise by at least 10% in the second quarter. This means that SC would trade at least $0.044 by the end of December 2026.
Now we shall consider different media platforms to see what their forecast is on Siacoin (SC) price.
Market Sentiments on Siacoin (SC) Price Prediction
PricePrediction
According to PricePrediction, the coin’s average price could reach $0.014 by the end of 2022 and surge to $0.045 by 2031 which represents a 221% increase.
DigitalCoin
According to DigitalCoin’s Siacoin (SC) price prediction, the average price could reach $0.0146 in 2022 and by 301% by 2031 to trade at $0.0586.
CoinQuora
According to CoinQuora price prediction, the average price of Siacoin in 2022 could be $0.051, then surge by 1860% in four years to trade at $1 in 2026.
Our Siacoin (SC) Price Prediction
The price of Siacoin (SC) will trade at least $0.015 by the end of 2022 and then increase by over 193% in four years' time to trade at $0.044 by the end of 2026.
Conclusion
Siacoin (SC) long-term investors will enjoy good returns. This is due to the positive outlook of the fundamental analysis, price predictions, and market sentiments.