Key takeaways
The SPACE ID token (ID) has three core functions. You can stake it to earn passive income, use it as a payment token for transactions, and use it as a governance token for the SPACE ID ecosystem. SPACE ID lets you personalize your wallet address in a human-readable format, a universal name service network.
Is ID a good investment? Will the ID price rise? Where will it be in 5 years? Let’s get into the details.
Cryptocurrency | SPACE ID |
Ticker | ID |
Current Price | $0.3528 |
Market Cap | $236,207,426 |
24-hour Trading Volume | $20,895,046 |
Circulating Supply | 662,219,805 ID |
All-time High | $1.83 on Mar 17, 2024 |
All-time Low | $0.1713 on Oct 20, 2023 |
24-hour High | $0.3848 |
24-hour Low | $0.346 |
Metric | Value |
Volatility (30-day Variation) | 9.55% |
50-day SMA | $ 0.453489 |
200-day SMA | $ 0.664131 |
Sentiment | Bearish |
Fear & Greed Index | 34 (Fear) |
Green Days | 15/30 (50%) |
TL; DR
On August 04, 2024, SPACE ID price analysis revealed a downward trend, confirming a prolonged period of descent. Currently trading at $0.3528, SPACE ID has observed a decline of 4.46% percent over the observed period. Considering the downtrend, a further decline in the coin value is expected soon. The overall market sentiment for SPACE ID remains negative, as the bears are capitalizing on favorable circumstances to retain their lead.
The 1-day price analysis for SPACE ID reveals a downward trend. After a prolonged downswing, the cryptocurrency value crashed below the Moving Average value. Currently trading at $0.3528, cryptocurrency finds support below this level. There are signs of reversal, as the market sentiment is highly bearish, and the volatility levels are increasing.
The gap between the Bollinger bands dictates the market volatility. Currently, the market trends are expanding, which confirms rising market unpredictability. The upper limit of the Bollinger bands indicator, also known as the resistance band, is $0.5299, whereas the lower Bollinger band, acting as another resistance band, is at $0.3756.
The Relative Strength Index (RSI) indicator is close to the oversold region, indicating a considerable sign of reversal for SPACE ID in the future. Currently at 32.30 and moving downward, this suggests rising selling activity compared to buying. The RSI indicator is quite close to entering the oversold region, signaling instability for the market.
The hourly price analysis for SPACE ID reveals a highly bearish trend over the observed hours. The price has just decreased below $0.3714, down to $0.3527. This consistent downward movement reveals a highly bearish sentiment in the market. Despite the bullish attempts at recovery, the overall market sentiment remains bearish, reflecting intensifying selling pressure.
The upper limit of the Bollinger bands indicator is $0.4613, which acts as the resistance band. However, the lower limit is $0.3372, suggesting the support point. The Bollinger bands are expanding, which signals rising volatility for the cryptocurrency.
The RSI indicator has receded to the oversold region, at 24.77, because of the bearish sentiment. This instability dictates an uncertain trading environment for the cryptocurrency. Moreover, the bearish trend signals a highly bearish sentiment as selling activity heightens compared to buying activity. Selling activity has crashed SPACE ID from $0.3756 to $0.3528, which is a bearish trend given the market sentiment. It is possible to turn around very soon.
Period | Value ($) | Action |
SMA 3 | 0.456885 | SELL |
SMA 5 | 0.463704 | SELL |
SMA 10 | 0.46637 | SELL |
SMA 21 | 0.455739 | SELL |
SMA 50 | 0.453489 | SELL |
SMA 100 | 0.590859 | SELL |
SMA 200 | 0.664131 | SELL |
Period | Value ($) | Action |
EMA 3 | 0.462705 | SELL |
EMA 5 | 0.467375 | SELL |
EMA 10 | 0.46727 | SELL |
EMA 21 | 0.460442 | SELL |
EMA 50 | 0.492801 | SELL |
EMA 100 | 0.56226 | SELL |
EMA 200 | 0.580025 | SELL |
SPACE ID price analysis reveals a bearish sentiment, which aligns with today’s recorded selling activity. The bearish swing has reduced the coin value from $0.3756 to $0.3528, and given the rising volatility, it is possible to reverse very soon. Technical indicators reinforce upward strength, whereas the price chart presents a bearish scenario. The coin value is $0.3528, however further decline is continual.
ID has utility; this year, it registered more trading volumes, contributing to its recent price gains. SPACE ID also registers new domains through collaborations with major blockchains. The predictions are also optimistic, and holding the token for the long haul can be profitable. We anticipate that the token’s price will surpass $6 by 2030.
SPACE ID is under selling pressure for the second consecutive day. Today, sellers overwhelmed the market again, and the ID/USD pair has devalued to $0.3528. As sellers flock to the market, the coin’s price is moving towards February price levels.
ID had a good bull run during the bull market in March this year. It can be expected that it will follow the bullish trend if the market turns green. ID has the potential to recover as it keeps adding new domain extensions to expand its usage.
To reach the $0.80 level, ID’s market cap will have to be doubled. The price is achievable as SPACE ID was trading above $0.80 until April, and it is slightly above the average price level of $0.74 over the past few months.
To reach $2, ID will have to break above its all-time high price level of $1.83. Cryptopolitan’s SPACE ID price prediction suggests that the coin can reach this level by the fourth quarter of 2027.
At $5, SPACE ID’s price will have to increase ninefold. The target is a bit higher but is achievable by 2030. In this perfect scenario, ID’s market cap will reach above $2.4 billion.
ID is trading above its lower price range, but the cryptocurrency is under selling pressure at the moment. Looking at the future, ID’s Web3 advancement and usability will place it in the $6 price range by 2030, which makes it an attractive asset to hold.
Also Read: SPACE ID Expands Web3 Horizons with .sol Domain Support and SDK Integration.
SPACE ID’s price will break higher than the current levels. This month, the average price will be $0.453, ranging between $0.285 and $0.525.
Month | Potential Low | Potential Average | Potential High |
August | $0.285 | $0.453 | $0.525 |
As the second half of 2024 unfolds, we anticipate ID trading at an average price of $0.4619, ranging between $0.4426 and $0.4990.
Year | Potential Low | Potential Average | Potential High |
2024 | $0.4426 | $0.4619 | $0.4990 |
Year | Potential Low ($) | Potential Average ($) | Potential High ($) |
2025 | 0.6659 | 0.6843 | 0.7856 |
2026 | 0.9699 | 1.00 | 1.16 |
2027 | 1.39 | 1.44 | 1.71 |
2028 | 2.12 | 2.18 | 2.48 |
2029 | 3.22 | 3.33 | 3.75 |
2030 | 4.80 | 4.93 | 5.77 |
The SPACE ID forecast for 2025 is a high of $0.7856. However, in the case of a crypto market correction, the ID price might rest at a minimum price of $0.6659, making an average of $0.6843.
The year 2026 will experience more bullish momentum. According to the SPACE ID price prediction, it will range between $0.9699 and $1.16, with an average price of $1.00.
The price of SPACE ID prediction climbs even higher into 2027. According to the prediction, it will range between $1.39 and $1.71, and an average price of $1.44.
The analysis suggests a further acceleration in SPACE ID growth by 2028. According to the ID price prediction, the ID price will reach a minimum of price $2.12, a highest price of $2.48, and an average price of $2.18.
According to the SPACE ID price prediction for 2029, the SPACE ID price will reach a maximum and minimum of $3.65 and $3.75, respectively, with a year-round average price of $3.33.
The ID coin price prediction for 2030 indicates a price range of $4.80 and $5.77 and an average price of $4.93.
Firm | 2024 | 2025 |
DigitalCoinPrice | $1.46 | $1.67 |
CryptoPredictions | $1.36 | $1.38 |
Gate.io | $0.73 | $0.76 |
According to our predictions, SPACE ID will reach a high of $0.4990 in the second half of 2024. In 2025, it will range between $0.6659 and $0.7856, with an average price of $0.6843. It will achieve a new all-time high in 2026 at $1.16. In 2030, it will trade between $4.80 and $5.77.