Chia (XCH) Price Prediction 2023, 2024, 2025–2030 | CoinCodex (2024)

According to our current Chia price prediction, the price of Chia is predicted to rise by 33.18% and reach $ 44.27 by December 27, 2023. According to our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 74 (Greed). Chia recorded 15/30 (50%) green days with 11.36% price volatility over the last 30 days. Based on our Chia forecast, it's now a good time to buy Chia.

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Based on the historical price movements of Chia and the BTC halving cycles, the yearly low Chia price prediction for 2024 is estimated at $ 33.24. Meanwhile, the price of Chia is predicted to reach as high as $ 145.81 next year. Using the same basis, here is the Chia price prediction for each year up until 2030.

Chia price prediction 2025

The Chia price prediction for 2025 is currently between $ 26.06 on the lower end and $ 88.20 on the high end. Compared to today’s price, Chia could gain 165.13% by 2025 if XCH reaches the upper price target.

Chia price prediction 2030

The Chia price prediction for 2030 is currently between $ 94.41 on the lower end and $ 119.49 on the high end. Compared to today’s price, Chia could gain 259.19% by 2030 if it reaches the upper price target.

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

Based on our technical indicators, Chia's 200-day SMA will rise in the next month and will hit $ 33.99 by Jan 21, 2024. Chia's short-term 50-Day SMA is estimated to hit $ 50.77 by Jan 21, 2024.

The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 60.81, which indicates that the XCH market is in a neutral position.

Popular XCH Moving Averages and Oscillators for Sat, Dec 23, 2023

Moving averages are a popular indicator in all financial markets. The purpose of a moving average (MA) is to smooth price action over a certain amount of time. Moving averages are a lagging indicator which means they are based on previous price action. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA).

Chia Oscillators

An oscillator is a technical analysis tool that constructs high and low bands between two extreme values, and then builds a trend indicator that fluctuates within these bounds. Traders use the trend indicator to discover short-term overbought or oversold conditions.

Chia Key Price Levels

Based on today's classical pivot point (P1) with the value of $ 32.29, Chia has support levels of $ 31.92, $ 31.44, and the strongest at $ 31.07. Similarly, Chia resistance levels are at $ 32.78, $ 33.15, and $ 33.63.

Chia Correlation

Over the past 7 days, Chia price was most positively correlated with the price of and most negatively correlated with the price of .

Chia price is correlated with the top 10 coins by market cap with a price of , excluding Tether (USDT) and correlated with the top 100 coins by market cap excluding all stablecoins with a price of .

Currencies that are positively correlated with Chia indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Chia, a move in one direction for Chia would translate into a move in the opposite direction for the negatively correlated coin.

To get a better idea of what could happen to the Chia price in the future, it’s helpful to also explore Chia’s price history. In the last month, the XCH/USD pair is down .

How to read and predict Chia price movements?

Chia traders use a variety of tools to try and determine the direction in which the XCH market is likely to head next. These tools can roughly be divided into indicators and chart patterns. When trying to predict the Chia price, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall.

Chia Price Prediction Indicators

Moving averages are among the most popular Chia price prediction tools. As the name suggests, a moving average provides the average closing price for XCH over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for XCH is a sum of XCH’s closing prices over the last 12 days which is then divided by 12.

In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.

50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. If the XCH price moves above any of these averages, it is generally seen as a bullish sign for Chia. Conversely, a drop below an important moving average is usually a sign of weakness in the XCH market.

Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the XCH price.

How to read Chia charts and predict price movements?

Most traders use candlestick charts, as they provide more information than a simple line chart. Traders can view candlesticks that represent the price action of Chia with different granularity – for example, you could choose a 5-minute candlestick chart for extremely short-term price action or choose a weekly candlestick chart to identify long-terms trends. 1-hour, 4-hour and 1-day candlestick charts are among the most popular.

Let’s use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices. The chart is divided into “candles” that give us information about Chia’s price action in 1-hour chunks. Each candlestick will display XCH’s opening price, closing price, as well as the highest and lowest prices that Chia reached within the 1-hour period.

It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing.

What affects the price of Chia?

Just like with any other asset, the price action of Chia is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of XCH. The market capitalization of Chia can change significantly in a short period of time.

When trying to make a Chia forecast, many traders also try to monitor the activity of XCH “whales”, which are entities and individuals that control large amounts of XCH. Since the Chia market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on Chia’s price movements.

Bullish and bearish price prediction patterns

Some traders try to identify candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.