Key takeaways: Pendle’s price is projected to reach a maximum of $14.65 by the end of 2024, By 2027, Pedle’s price is expected to reach an average of 28.08 In 2030, the price of Pendle is predicted to reach a maximum of $50.03. Pendle (PENDLE) innovates the DeFi space by enabling future yield trading. This unique approach helps users maximize returns through advanced smart contracts and seamless integration with other DeFi platforms. Pendle’s recent progress, such as smart contract updates and strategic partnerships, marks its growth and commitment to innovation. Will these developments increase the value of $PENDLE? How will market changes and regulations affect its growth? Can Pendle rise? Can Pendle reach $10? Overview Token PENDLE Price $4.92 Market Cap $806.91B Trading Volume $72.55M Circulating Supply 163.9M PENDLE All-time High $7.52 (Apr 11, 2024) All-time Low $0.03349 (Nov 10, 2022) 24-hour High $5.20 24-hour Low $4.87 Pendle price prediction: Technical analysis Metric Value Price Prediction $ 16.73 (228.11%) Volatility 8.79% 50-day SMA $ 5.55 14-Day RSI 43.92 Sentiment Bearish Fear & Greed Index 73 (Greed) Green Days 15/30 (50%) 200-Day SMA $ 4.41 Pendle price analysis TL;DR Breakdown Resistance is at $5.514 on the 4-hour chart and $6.431 on the 1-day chart Support is at $5.111 on the 4-hour chart and $4.614 on the 1-day chart Bearish momentum persists with the price below the 20-SMA and a drop below $5.111 could lead to further declines while recovery above $5.313 may signal a short-term bounce PENDLE/USD 1-day chart PENDLE 1-Day price chart; Tradingview The 1-day chart for Pendle (PENDLE) on December 30 shows bearish momentum, with the price trading at $5.149, below the 20-SMA at $5.522, signaling downward pressure. Resistance is located at $6.431 (upper Bollinger Band), while support lies at $4.614 (lower Bollinger Band). The RSI at 45.17 suggests weakening buying pressure, approaching neutral territory but leaning bearish. The declining price reflects subdued market sentiment, and a break below the $4.614 support could lead to further downside. Conversely, a recovery above the 20-SMA at $5.522 could reignite bullish momentum, with potential to test $6.431. Volatility is moderate, requiring cautious trading. PENDLE/USD 4-hour chart PENDLE 4-hour price chart; Tradingview The 4-hour chart for Pendle (PENDLE) shows bearish momentum, with the price at $5.141, trading below the 20-SMA at $5.313. Resistance is at $5.514 (upper Bollinger Band), while support lies near $5.111 (lower Bollinger Band). The Balance of Power (BoP) at -0.84 reflects strong bearish pressure. The MACD shows weakening momentum, with the MACD line at -0.009 below the signal line at 0.039, signaling potential further downside. If the price drops below $5.111, it may test lower support levels, while recovery above $5.313 could signal a short-term bounce toward $5.514. Bearish sentiment currently dominates the market. Pendle technical indicators: Levels and action Daily simple moving average (SMA) Period Value ($) Action SMA 3 $ 6.03 SELL SMA 5 $ 5.62 SELL SMA 10 $ 5.36 SELL SMA 21 $5.60 SELL SMA 50 $ 5.59 SELL SMA 100 $ 4.98 BUY SMA 200 $ 4.49 BUY Daily exponential moving average (EMA) Period Value ($) Action EMA 3 $ 5.54 SELL EMA 5 $ 5.69 SELL EMA 10 $ 5.85 SELL EMA 21 $ 5.88 SELL EMA 50 $ 5.55 SELL EMA 100 $ 5.06 BUY EMA 200 $ 4.57 BUY What can you expect from PENDLE price analysis next Based on the 1-day and 4-hour Pendle (PENDLE) charts, bearish sentiment remains dominant. On the 1-day chart, the price at $5.149 trades below the 20-SMA at $5.522, with resistance at $6.431 and support at $4.614, signaling continued selling pressure. On the 4-hour chart, the price at $5.141 is below the 20-SMA at $5.313, with resistance at $5.514 and support at $5.111. The MACD and Balance of Power on both timeframes suggest weakening momentum. A drop below $5.111 could lead to further downside, while a recovery above $5.313 may indicate short-term stabilization. Traders should remain cautious. Is PENDLE a good investment? Investing in Pendle coin offers a unique opportunity in the DeFi sector. Pendle’s approach to tokenizing and trading future yields allows for flexible management of yield-bearing assets, enhancing investment portfolios. Conducting their own research is crucial for potential investors to understand the Pendle market cap and the dynamics of its price movement. Pendle’s ecosystem shows strong community trust, with impressive TVL, market cap growth, and endorsements from industry veterans like Arthur Hayes. These factors and high yields make Pendle a compelling investment in innovative DeFi projects. Will Pendle reach $50? Pendle’s current price is around $7. Given its recent market trend, predictions suggest that by 2030, Pendle’s maximum price could reach approximately $50.03. Will Pendle reach $100? Pendle price is recent downward trend, it is highly unlikely that Pendle will reach $100 in the foreseeable future. Is Pendle a Safe investment? Pendle cryptocurrency offers innovative yield management features, making it appealing for investors. However, it carries risks like market volatility and potential technological issues. Investors should conduct thorough research and consider their risk tolerance before investing in Pendle. Does Pendle have a good long-term future? PENDLE has shown volatility and recent downward movement. Its short-term outlook appears uncertain. However, its long-term future could be positive if the project innovates, gains wider adoption, and maintains strong community and developer support. Recent news/opinion on Pendle Pendle introduces longer maturity options for rsETH with @KelpDAO , available until June 2025 on Ethereum and @Arbitrum , boosting flexibility and rewards for users. Longer? We agree. @KelpDAO rsETH is now available with a longer maturity (26 June 2025) on both @Ethereum and @Arbitrum ! 🌊 3x Kelp Miles 🌊 1x EigenLayer Points More pools, more maturities, more choices to cater for your needs pic.twitter.com/H3fZiW9SvY — Pendle (@pendle_fi) November 7, 2024 Pendle users can now seamlessly transfer liquidity from the Dec 2024 pool to the June 2025 pool with a simple “Transfer Liquidity” option. Pendies who wish to migrate their liquidity from the Dec 2024 pool to the new June 2025 pool can easily do so via the function. Ethereum: https://t.co/4ZrFVQt53m Arbitrum: https://t.co/Z2xcRYf19y pic.twitter.com/HtpGNQa9uF — Pendle (@pendle_fi) November 7, 2024 Pendle price prediction December 2024 In December 2024, Pendle prediction suggests it could maintain a consistent value, with a potential low, average, and high price of $6.67. Pendle price prediction Potential Low Average Price Potential High Pendle price prediction December 2024 $6.67 $6.67 $6.67 Pendle Price Prediction 2024 In 2024, Pendle’s price is predicted to have a potential low of $5.94 and a potential high of $14.65, with an average price of $13.57. Pendle Price Prediction Potential Low Average Price Potential High Pendle Price Prediction 2024 $5.94 $13.57 $14.65 Pendle price prediction 2025-2030 Year Minimum price Average price Maximum price 2025 $14.34 $16.60 $16.87 2026 $19.63 $23.42 $24.07 2027 $25.59 $28.08 $30.67 2028 $25.59 $28.08 $30.67 2029 $31.63 $35.32 $36.64 2030 $45.04 $49.83 $50.03 Pendle Price Prediction 2025 The price of Pendle is predicted to reach a minimum value of $14.34 in 2025. $PENDLE could reach a maximum value of $16.87 and an average trading price of $16.60. Pendle Price Prediction 2026 In 2026, the price of Pendle is predicted to reach a minimum level of $19.63. $PENDLE’s price can reach a maximum level of $24.07 and an average trading price target of $23.42. Pendle Price Prediction 2027 In 2027, the average price of Pendle is predicted to reach a minimum level of $25.59. $PENDLE’s price can attain a maximum level of $30.67 and an average trading price of $28.08. Pendle Price Prediction 2028 The PENDLE price prediction for 2028 projects a minimum price of $25.59 for the token. According to the analyst forecast, the token could reach a maximum price of $30.67 and an average trading price of $28.08. Pendle Price Prediction 2029 The price of Pendle is predicted to reach a minimum value of $31.63 in 2029. Per the predictions, holders can expect a maximum price of $36.64 and an average trading price of $35.32. Pendle Price Prediction 2030 The Pendle price forecast for 2030 projects a minimum price of $45.04, a maximum price of $50.03 and an average forecast price of $49.83. Pendle price prediction 2025-2030 Pendle market price prediction: Analysts’ $PENDLE price forecast Firm 2024 2025 Cryptopredictions.com $6.347 $8.342 Changelly $12.73 $11.10 Binance $6.5996 $6.9295 Cryptopolitan’s $PENDLE price prediction In 2024, Cryptopolitan projects that $PENDLE could experience notable price fluctuations, with a potential low of $5.94, an average of $13.57, and a possible high of $14.65. Pendle historic price sentiment PENDLE price history In September 2020, the price of Pendle started at around $1.0849, and a gradual decline followed. Between October and December 2020, the price decreased steadily, ending the year below $1.0. Between January and June 2021, the price remained relatively stable, fluctuating around the $0.90 to $1.0 range. Between July and December 2021, Pendle continued to exhibit minor fluctuations, maintaining a range around the $1.0 mark but showing no significant upward or downward trend. The price of Pendle from January to December 2022 remained relatively flat, hovering around the $1.0849 mark with minimal fluctuations. There was little to no significant upward or downward movement during this period. In June 2023, the price remained stable, with slight declines observed but staying well below the $1.0 mark. Pendle price movements showed no significant upward momentum and maintained a steady range. Starting from mid-2023, the price began to show slight upward movements, though it was still relatively low. By the end of December 2023, the price showed some initial signs of increase, moving closer to the $1.2 mark. $PENDLE saw significant growth in Q1 2024, hitting above $2.5 in January 2024, $3.2 in February, and $5.5 by the end of March. The positive momentum from Q1 2024 continued in Q2 2024. $PENDLE attained its ATH ($7.52) on April 11, 2024. The token retested its support at around $3.8 in mid-May but soon rebounded above $7 on May 20. $PENDLE closed at $6.8 in May 2024; in June 2024, the token traded within the $4.6 – $6.3 range. PENDLE is trading around $3 range in September. On October 06, the price of Pendle traded at $3.8443 wiith a trading volume of $23.75M. In early November, Pendle coin traded at $4.2 with a trading volume of $94.61M. On December 04, the price traded at $6.5702.
