Key takeaways:
Pendle’s current price is at $3.84 and is projected to reach a maximum of $8.37 by 2024, indicating a significant potential increase in its value (usd price update shows).
In 2030 the price of Pendle is predicted to reach a maximum of $28.58.
Pendle (PENDLE) is innovating 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 reach $10?
Overview
TokenPENDLEPrice$3.84Market Cap$618,941,213Trading Volume$24,492,576Circulating Supply161,226,694 PENDLEAll-time High$7.52 (Apr 11, 2024)All-time Low$0.03349 (Nov 09, 2022)24-hour High$3.8724-hour Low$3.74
Pendle price prediction: Technical analysis
MetricValuePrice Prediction$ 10.21 (167.00%)Volatility14.93%50-day SMA$ 3.4714-Day RSI51.94SentimentNeutralFear & Greed Index50 (Neutral)Green Days18/30 (60%)200-Day SMA$ 3.90
Pendle price analysis
TL;DR Breakdown
Pendle price analysis is Neutral today.
PENDLE faces resistance at $5.
Support for PENDLE is present at $3.
PENDLE/USD 1-day chart
PENDLE 1-Day price chart; Tradingview
On October 06, in the 1-day chart for Pendle (PENDLE/USDT), Pendle is trading at $3.842, showing a mild upward trend of 0.81%. The Bollinger Bands indicate that volatility is moderate, with resistance near $4.66 and support at $3.20. The Relative Strength Index (RSI) is at 61.28, suggesting overbought conditions . The price is near the 20-day simple moving average (SMA), currently at $3.93, signaling potential consolidation before a breakout. Traders should watch for volume confirmation in the coming days.
PENDLE/USD 4-hour chart
PENDLE 4-Hours price chart; Tradingview
In the 4-hour Pendle (PENDLE/USDT) chart, the price is currently at $3.838, reflecting a minor increase of 0.55%. The Balance of Power (BoP) is 0.43, indicating moderate buying pressure. The MACD shows a slight bullish crossover, with the MACD line at 0.021 above the signal line at -0.042, suggesting a potential upward momentum, though still weak. Price action seems relatively stable, with resistance at around $4.00 and support near $3.80. Traders should monitor for any stronger trend development, as the indicators suggest a cautious bullish sentiment.
Pendle technical indicators: Levels and action
Daily simple moving average (SMA)
PeriodValue ($)ActionSMA 3$ 3.51BUYSMA 5$ 3.53BUYSMA 10$ 3.96SELLSMA 21$ 3.92SELLSMA 50$ 3.47BUYSMA 100$ 3.55BUYSMA 200$ 3.90SELL
Daily exponential moving average (EMA)
PeriodValue ($)ActionEMA 3$ 3.73BUYEMA 5$ 3.52BUYEMA 10$ 3.25BUYEMA 21$ 3.14BUYEMA 50$ 3.51BUYEMA 100$ 3.96SELLEMA 200$ 3.86SELL
What can you expect from PENDLE price analysis next
Based on both the 1-day and 4-hour charts for Pendle (PENDLE/USDT), the price is consolidating around the $3.84 range. The RSI on the daily chart is at 61.28, indicating a moderately bullish sentiment, while the Bollinger Bands suggest a contraction, which often precedes a breakout. On the 4-hour chart, the MACD is showing a bullish crossover with slight upward momentum. However, the Balance of Power (BoP) remains neutral at 0.43, showing a lack of strong conviction. Expect potential short-term upward movement, but the lack of strong volume and volatility hints at possible sideways action before a major trend emerges.
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 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 recover?
Pendle experienced a sharp decline , followed by a slight upward movement. This suggests potential for short-term recovery, but sustained positive market sentiment is needed for a full rebound. Observing the price movements over the coming weeks will provide more insights.
Will Pendle reach $10?
Pendle’s price is around $3.84, and given its recent downward trend, reaching $10 would require significant and sustained positive developments. While not impossible, it seems unlikely in the near term. However, historical trends show favorable market conditions could have influenced Pendle’s rise.
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 has launched SolvBTC.BBN (27 Mar 2025) on BNB Chain in partnership with Solv Protocol, expanding BTC financial instruments (BTCfi) beyond Ethereum. This marks the first availability of BTC Fixed Yield on BNB Chain, unlocking new BTCfi strategies and enhancing user access to advanced DeFi tools.
Also, Pendle has launched LBTC (27 Mar 2025) by Lombard Finance, offering pure exposure to Bitcoin LRT and catering to various risk appetites. Users can also earn 3x Lombard Points and 1x Babylon Labs Points with this BTCfi addition.
According to DefiLlama, Pendle offers the highest APY for Bitcoin across the Etherverse, meaning that eBTC holders can get a 32.8% boosted APY.
Pendle price prediction October 2024
In October 2024, Pendle’s price prediction suggests it could maintain a consistent value, with a potential low, average, and high price of $3.81 each.
Pendle price predictionPotential LowAverage PricePotential HighPendle price prediction October 2024$3.81$3.81$3.81
Pendle price prediction 2024
In 2024, Pendle’s price is predicted to have a potential low of $3.39 and a potential high of $8.37, with an average price of $7.76, indicating possibilities for significant growth throughout the year.
Pendle Price PredictionPotential LowAverage PricePotential HighPendle price prediction 2024$3.39$7.76$8.37
Pendle price prediction 2025-2030
YearMinimum priceAverage priceMaximum price2025$8.20$9.48$9.642026$11.22$13.38$13.752027$14.62$16.04$17.522028$14.62$16.04$17.522029$18.07$20.18$20.942030$25.73$28.47$28.58
Pendle price prediction 2025
The price of Pendle is predicted to reach a minimum value of $8.20 in 2025. $PENDLE could reach a maximum value of $9.64 and an average trading price of $9.48.
Pendle price prediction 2026
In 2026 the price of Pendle is predicted to reach a minimum level of $11.22. $PENDLE’s price can reach a maximum level of $13.75 and an average trading price target of $13.38.
Pendle price prediction 2027
In 2027, the average price of Pendle is predicted to reach a minimum level of $14.62. $PENDLE’s price can attain a maximum level of $17.52 and an average trading price of $16.04.
Pendle price prediction 2028
The PENDLE price prediction for 2028 projects a minimum price of $14.62 for the token. According to the analyst forecast, the token could reach a maximum price of $17.52 and an average trading price of $16.04.
Pendle price prediction 2029
The price of Pendle is predicted to reach a minimum value of $18.07 in 2029. Per the predictions, holders can expect a maximum price of $20.94 and an average trading price of $20.18.
Pendle price prediction 2030
The Pendle price forecast for 2030 projects a minimum price of $25.73, a maximum price of $28.58 and an average forecast price of $28.47.
Pendle market price prediction: Analysts’ $PENDLE price forecast
Firm20242025Coincodex$10.21$18.11Changelly$3.61$9.99
Cryptopolitan’s $PENDLE price prediction
In 2024, Cryptopolitan projects that $PENDLE could experience notable price fluctuations, with a potential low of $3.39, an average of $7.76, and a possible high of $8.37, highlighting considerable growth opportunities for investors throughout the year.
Pendle historic price sentiment
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.
This articles is written by : Fady Askharoun Samy Askharoun
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