Key Takeaways
- dYdX price faces volatility around $1.
- Our dYdX price prediction for 2025 expects a maximum price of $4.55.
- In 2030, we expect the dYdX price to touch $29.58.
The dYdX exchange captured significant attention last year. The platform aimed to migrate its existing dYdX tokens from Ethereum to this new mainnet. However, in the fall of 2024, the platform disclosed that it was reducing its workforce by 35%.
As dYdX’s on-chain activities surge, questions arise, such as: “Does dYdX have the potential to hit the $10 mark soon?” or “Will dYdX ever go up?” or “Where will dYdX be in 5 years?” Let’s answer them using our dYdX price prediction.
Overview
| Cryptocurrency | dYdX |
| Token | dYdX |
| Price | $1.047 |
| Market Cap | $611.61M |
| Trading Volume | $36.99M |
| Circulating Supply | 643.93M dYdX |
| All-time High | $4.53 |
| All-time Low | $0.8067 |
| 24-hour high | $1.4 |
| 24-hour low | $1.38 |
dYdX price prediction: Technical analysis
| Metric | Value |
| Current Price | $1.047 |
| Price Prediction | $ 5.06 (229.65%) |
| Fear & Greed Index | 70 (Greed) |
| Sentiment | Bearish |
| Volatility | 18.31% |
| Green Days | 17/30 (57%) |
| 50-Day SMA | $ 1.650317 |
| 200-Day SMA | $ 1.292591 |
| 14-Day RSI | 44.17 |
dYdX price analysis: dYdX faces a volatility around $1
TL;DR Breakdown:
- dYdX price analysis shows that dYdX is facing increased volatility below $1
- Resistance for dYdX is present at $1.1058
- Support for dYdX/USD is present at $0.9738
The dYdX price analysis for 29 January confirms that dYdX faces increased volatility as the price rejects and then surges to $1.
dYdX price analysis 1-day chart: dYdX price faces volatility around $1
An analysis of the daily dYdX price chart shows that the token is facing selling pressure as it aims to hold on to its momentum. In recent hours, the price of dYdX dropped below $1; however, bulls again pushed the price toward $1. The 24-hour volume surged to $12.9 million, showing increased interest in trading today. dYdX is trading at $1.047, surging by over 1.4% in the last 24 hours.
The RSI-14 trend line has declined from its previous level and trades below the midline at 35, hinting that bearish pressure is on the edge. The SMA-14 level suggests volatility in the next few hours.
dYdX/USD 4-hour price chart: Bulls aim for an immediate correction
The 4-hour dYdX price chart suggests that bears strengthen their position as they hold the price below the EMA trend lines. Bulls are maintaining buying confidence as the dYdX price aims for further surges.
The BoP indicator trades in a bullish region at 0.29, showing that short-term buyers are taking a chance to accelerate an upward trend.
However, the MACD trend line has formed red candles below the signal line and the indicator aims for a negative momentum, strengthening short-position holders’ confidence.
dYdX technical indicators: Levels and action
Daily simple moving average (SMA)
| Period | Value | Action |
| SMA 3 | $ 1.78054 | SELL |
| SMA 5 | $ 1.74437 | SELL |
| SMA 10 | $ 1.621187 | SELL |
| SMA 21 | $ 1.684969 | SELL |
| SMA 50 | $ 1.650317 | SELL |
| SMA 100 | $ 1.329677 | BUY |
| SMA 200 | $ 1.292591 | BUY |
Daily Exponential Moving Average (EMA)
| Period | Value | Action |
| EMA 3 | $ 1.634776 | SELL |
| EMA 5 | $ 1.741283 | SELL |
| EMA 10 | $ 1.875171 | SELL |
| EMA 21 | $ 1.88065 | SELL |
| EMA 50 | $ 1.65434 | SELL |
| EMA 100 | $ 1.460609 | BUY |
| EMA 200 | $ 1.510895 | BUY |
What to expect from dYdX price analysis next?
The hourly price chart confirms that dYdX is attempting a dip below the immediate support line; however, bulls are eyeing an upside recovery rally in the coming hours. If dYdX’s price holds momentum above $1.1058, it will fuel a bullish rally to $1.2808.
If bulls fail to initiate a surge, the dYdX price may drop below the immediate support line at $0.9738, beginning a bearish trend to $0.8676.
Is dYdX a good investment?
The rising institutional demand for dYdX makes it a good investment option. However, dYdX has a short investment history filled with very volatile phases. Whether it is a good investment depends on your financial profile, investment portfolio, risk tolerance, and investment goals.
Why is dYdX down today?
Today, dYdX faced selling demand as it dropped below $1. This is due to the overall cautious approach in the altcoin market.
Will dYdX reach $10?
Depending on market sentiments, dYdX might hit the $10 mark by the end of 2027. However, any bearish news might weaken this prediction.
Will the dYdX price reach $100?
$100 will be a significant milestone for dYdX. However, it is achievable if dYdX continues to attract institutional interest in the coming years.
Is dYdX a good long-term investment?
As several institutions continue to accumulate dYdX, and it faces a rise in global recognition, dYdX has a solid long-term future.
Recent news/opinion on dYdX
- Binance stops dYdX transactions on ERC20
Binance will stop supporting DYDX token deposits and withdrawals on the Ethereum network from February 12, 2025, at 02:00 UTC. Deposits via ERC20 after this date will not be credited, risking asset loss. Other networks for DYDX transactions on Binance will remain available.
dYdX price prediction January 2025
December was a bullish month for dYdX as the altcoin made robust surges following Donald Trump’s victory.
dYdX’s price might attempt to surge toward $2 from its recent low and be pushed further, at least $2.6 if strong downward pressures are not seen. However, we might see a rejection on the bearish side, leading to a consolidation around $1.3.
| dYdX price prediction | Minimum price | Average price | Maximum price |
| dYdX price prediction January 2025 | $1.3 | $2 | $2.6 |
dYdX price prediction 2025
The price of 1 dYdX is expected to reach a minimum level of $3.86 by the end of 2025. Traders and investors can expect a maximum level of $4.55 and an average price of $3.96 if the bulls show up.
| dYdX price prediction | Minimum price | Average price | Maximum price |
| dYdX price prediction 2025 | $3.86 | $3.96 | $4.55 |
dYdX price predictions 2026-2031
| Year | Minimum price ($) | Average price ($) | Maximum price ($) |
| 2026 | 5.91 | 6.11 | 6.74 |
| 2027 | 8.14 | 8.45 | 9.96 |
| 2028 | 11.74 | 12.16 | 14.45 |
| 2029 | 17.06 | 17.67 | 20.6 |
| 2030 | 23.74 | 24.45 | 29.58 |
| 2031 | 29.57 | 32.88 | 38.75 |
dYdX price prediction 2025
The unit price of dYdX in 2025 is expected to hit a minimum of $3.86. According to expert analysis, dYdX could reach up to $4.55, with an average price of $3.96.
dYdX price prediction 2026
In 2026, dYdX could see its price range between a minimum of $5.91 and a maximum of $6.74. Traders can expect an average price of $6.11 throughout the year.
dYdX price prediction 2027
For 2027, the price forecast indicates a minimum level of $8.14 and a potential high of $9.96, with the average settling around $8.45.
dYdX price prediction 2028
Looking ahead to 2028, projections suggest a minimum price of $11.74 and a maximum price of $14.45 for dYdX, with an average price of $12.16.
dYdX price forecast 2029
By 2029, the dYdX price is anticipated to range from a minimum of $17.06 to a maximum of $20.60, averaging around $17.67.
dYdX (dYdX) price prediction 2030
For 2030, the dYdX price is forecasted to potentially reach a minimum of $23.74, a maximum of $29.58, and an average trading value of $24.45.
dYdX Price Prediction 2031
Looking ahead to 2028, projections suggest a minimum price of $29.57 and a maximum price of $38.75 for dYdX, with an average price of $32.88.
dYdX market price prediction: Analysts’ dYdX price forecast
| Firm Name | 2025 | 2026 |
| Coincodex | $2.5 | $3.8 |
| Digital Coin Price | $4.8 | $7.9 |
| Changelly | $5.4 | $12 |
Cryptopolitan’s dYdX (dYdX) price prediction
Per Cryptopolitan, the price of dYdX is expected to reach a minimum level of $5.91 and a maximum of $6.74. Traders can expect an average price of $6.11 throughout 2026. If the market stays positive, we expect the dYdX price to trade well above $5 by 2027.
However, the future market potential for dYdX entirely depends on its buying demand, regulation, and investor sentiment in long-term holding.
dYdX historical price sentiment
dYdX price history | Source: Coinmarketcap
- Last Week (27 December, 2024): $1.63
- Last Month (Dec. 1, 2024): $1.75
- Four Months Ago (Sep. 1, 2024): $0.91
- Launch Price (Dec. 12, 2023): $2.38
- All-Time High (March 7, 2024): $4.53
- All-Time Low (Sept. 6, 2024): $0.8067
- Current price range: $1.47 – $1.8
