Staked TAO (Root) (SN0) Price Prediction
$277.69
6.4462%
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Sentiment
BULLISH 78.13%
BEARISH 21.88%
SMA 50
$267.49
SMA 200
$339.25
RSI (14)
62.62
Momentum (10)
62.17
MACD (12, 26)
9.22
Hull Moving Average (9)
274.29
Staked TAO (Root) Price Prediction up to $286.38 by 2026
| Year | Min. Price | Max. Price |
|---|---|---|
| 2026 | $95.94 | $286.38 |
| 2027 | $92.36 | $242.63 |
| 2028 | $166.68 | $408.26 |
| 2029 | $366.15 | $1,204.49 |
| 2030 | $311.40 | $900.35 |
| 2031 | $368.17 | $821.91 |
| 2032 | $561.98 | $1,524.61 |
| 2033 | $1,305.93 | $4,061.02 |
| 2034 | $1,049.90 | $2,351.92 |
| 2035 | $1,241.31 | $2,771.15 |
Investment Profit Calculator
If you open a short on $10,000.00 of Staked TAO (Root) today and close it on Apr 06, 2026, our forecast suggests you could make around $3,954.77 in profit, equal to a 39.55% ROI over the next 90 days.
$
≈ $3,954.77
(39.55% ROI)
Long-term Staked TAO (Root) price prediction for 2027, 2028, 2029, 2030, 2031, 2032 and 2037
[
'name' => 'Staked TAO (Root)'
'name_with_ticker' => 'Staked TAO (Root) <small>SN0</small>'
'name_lang' => 'Staked TAO (Root)'
'name_lang_with_ticker' => 'Staked TAO (Root) <small>SN0</small>'
'name_with_lang' => 'Staked TAO (Root)'
'name_with_lang_with_ticker' => 'Staked TAO (Root) <small>SN0</small>'
'image' => '/uploads/coins/staked-tao-root.jpg?1749202181'
'price_for_sd' => 277.69
'ticker' => 'SN0'
'marketcap' => '$0'
'low24h' => '$258.56'
'high24h' => '$279.79'
'volume24h' => '$30.17M'
'current_supply' => '0'
'max_supply' => '6.05M'
'algo' => null
'proof' => null
'ico_price_and_roi' => '—'
'price' => '$277.69'
'change_24h_pct' => '6.4462%'
'ath_price' => '$536.66'
'ath_days' => 66
'ath_exchange' => null
'ath_pair' => null
'ath_date' => 'Nov 1, 2025'
'ath_pct' => '-47.87%'
'fdv' => '$1.69B'
'new_prediction' => true
'change_24h_pct_is_increased' => true
'change_30d_pct' => null
'change_30d_pct_is_increased' => false
'max_price' => '$13,692.02'
'max_price_year' => 2037
'next_week_prediction_price' => '$280.06'
'next_week_prediction_price_date' => 'January 13, 2026'
'next_week_prediction_price_change_pct' => '0.86%'
'next_week_prediction_price_is_increased' => true
'next_month_prediction_price' => '$245.42'
'next_month_prediction_price_date' => 'February 5, 2026'
'next_month_prediction_price_change_pct' => '-11.62%'
'next_month_prediction_price_is_increased' => false
'current_year' => '2026'
'current_year_min_price_prediction' => '$95.94'
'current_year_max_price_prediction' => '$286.38'
'current_year_max_price_prediction_is_increased' => true
'grand_prediction_year' => 2030
'grand_prediction_min_price' => '$311.40'
'grand_prediction_max_price' => '$900.35'
'grand_prediction_max_price_is_increased' => true
'prediction_table' => [
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'min_raw' => 95.941841632813
'max_raw' => 286.38873384657
'avg_raw' => 191.16528773969
'max_pct' => '3.13%'
'is_grow' => true
'min' => '$95.94'
'max' => '$286.38'
'avg' => '$191.16'
'bar_min_pct' => 50.898974802884
'bar_max_pct' => 51.045822849954
'min_diff' => -181.74815836719
'max_diff' => 8.6987338465693
'year' => 2026
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'max_raw' => 13692.028906197
'avg_raw' => 9514.1048524352
'max_pct' => '4830.69%'
'is_grow' => true
'min' => '$5,336.18'
'max' => '$13,692.02'
'avg' => '$9,514.10'
'bar_min_pct' => 100
'bar_max_pct' => 100
'min_diff' => 3281.4085019618
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'year' => 2037
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]
'prediction_periods' => [
0 => [
'items' => [
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2 => [
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3 => [
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4 => [
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5 => [
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]
]
'min_year' => 2027
'max_year' => 2032
'min_raw' => 167.49661775314
'min' => '$167.49'
'max_raw' => 1043.3021320629
'max' => '$1,043.30'
'max_pct' => '275.71%'
'is_grow' => true
]
1 => [
'items' => [
0 => [
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'min_year' => 2032
'max_year' => 2037
'min_raw' => 1043.3021320629
'min' => '$1,043.30'
'max_raw' => 9514.1048524352
'max' => '$9,514.10'
'max_pct' => '3326.16%'
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]
2 => [
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]
'prediction_2025_max_price' => '$286.38'
'last_price' => 277.69
'sma_50day_nextmonth' => '$245.39'
'sma_200day_nextmonth' => '$324.29'
'sma_50day_ts_nextmonth' => 1770163200
'sma_200day_ts_nextmonth' => 1770163200
'sma_200day_direction' => 'increase'
'sma_200day_direction_label' => 'INCREASE'
'sma_200day_date_nextmonth' => 'Feb 4, 2026'
'sma_50day_date_nextmonth' => 'Feb 4, 2026'
'daily_sma3' => '$266.24'
'daily_sma3_action' => 'BUY'
'daily_sma5' => '$255.41'
'daily_sma5_action' => 'BUY'
'daily_sma10' => '$238.22'
'daily_sma10_action' => 'BUY'
'daily_sma21' => '$231.76'
'daily_sma21_action' => 'BUY'
'daily_sma50' => '$267.49'
'daily_sma50_action' => 'BUY'
'daily_sma100' => '$322.99'
'daily_sma100_action' => 'SELL'
'daily_sma200' => '$339.25'
'daily_sma200_action' => 'SELL'
'daily_ema3' => '$266.87'
'daily_ema3_action' => 'BUY'
'daily_ema5' => '$258.14'
'daily_ema5_action' => 'BUY'
'daily_ema10' => '$246.46'
'daily_ema10_action' => 'BUY'
'daily_ema21' => '$245.26'
'daily_ema21_action' => 'BUY'
'daily_ema50' => '$270.30'
'daily_ema50_action' => 'BUY'
'daily_ema100' => '$301.24'
'daily_ema100_action' => 'SELL'
'daily_ema200' => '$334.34'
'daily_ema200_action' => 'SELL'
'weekly_sma21' => '$314.51'
'weekly_sma21_action' => 'SELL'
'weekly_sma50' => '—'
'weekly_sma50_action' => '—'
'weekly_sma100' => '—'
'weekly_sma100_action' => '—'
'weekly_sma200' => '—'
'weekly_sma200_action' => '—'
'weekly_ema3' => '$260.36'
'weekly_ema3_action' => 'BUY'
'weekly_ema5' => '$259.12'
'weekly_ema5_action' => 'BUY'
'weekly_ema10' => '$274.85'
'weekly_ema10_action' => 'BUY'
'weekly_ema21' => '$303.42'
'weekly_ema21_action' => 'SELL'
'weekly_ema50' => '$220.02'
'weekly_ema50_action' => 'BUY'
'weekly_ema100' => '$110.01'
'weekly_ema100_action' => 'BUY'
'weekly_ema200' => '$55.00'
'weekly_ema200_action' => 'BUY'
'rsi_14' => '62.62'
'rsi_14_action' => 'NEUTRAL'
'stoch_rsi_14' => 114.66
'stoch_rsi_14_action' => 'SELL'
'momentum_10' => 62.17
'momentum_10_action' => 'BUY'
'vwma_10' => '240.53'
'vwma_10_action' => 'BUY'
'hma_9' => '274.29'
'hma_9_action' => 'BUY'
'stochastic_fast_14' => 100
'stochastic_fast_14_action' => 'SELL'
'cci_20' => 236.28
'cci_20_action' => 'SELL'
'adx_14' => 23.79
'adx_14_action' => 'NEUTRAL'
'ao_5_34' => '2.12'
'ao_5_34_action' => 'BUY'
'macd_12_26' => 9.22
'macd_12_26_action' => 'BUY'
'williams_percent_r_14' => -0
'williams_percent_r_14_action' => 'SELL'
'ultimate_oscillator' => 84.26
'ultimate_oscillator_action' => 'SELL'
'ichimoku_cloud' => '-87.334314'
'ichimoku_cloud_action' => 'SELL'
'sell_signals' => 7
'buy_signals' => 25
'sell_pct' => 21.88
'buy_pct' => 78.13
'overall_action' => 'bullish'
'overall_action_label' => 'BULLISH'
'overall_action_dir' => 1
'last_updated' => 1767679244
'last_updated_date' => 'January 6, 2026'
]
Staked TAO (Root) price prediction 2026
The Staked TAO (Root) price forecast for 2026 suggests that the average price could range between $95.94 on the lower end and $286.38 on the high end. In the crypto market, compared to today’s average price, Staked TAO (Root) could potentially gain 3.13% by 2026 if SN0 reaches the forecast price target.
Staked TAO (Root) price prediction 2027-2032
The SN0 price prediction for 2027-2032 is currently within a price range of $167.49 on the lower end and $1,043.30 on the high end. Considering the price volatility in the market, if Staked TAO (Root) reaches the upper price target, it could gain 275.71% by 2032 compared to today’s price.
| Staked TAO (Root) Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
|---|---|---|---|
| 2027 | $92.36 | $167.49 | $242.63 |
| 2028 | $166.68 | $287.47 | $408.26 |
| 2029 | $366.15 | $785.32 | $1,204.49 |
| 2030 | $311.40 | $605.87 | $900.35 |
| 2031 | $368.17 | $595.04 | $821.91 |
| 2032 | $561.98 | $1,043.30 | $1,524.61 |
Staked TAO (Root) price prediction 2032-2037
The Staked TAO (Root) price prediction for 2032-2037 is currently estimated to be between $1,043.30 on the lower end and $9,514.10 on the high end. Compared to the current price, Staked TAO (Root) could potentially gain 3326.16% by 2037 if it reaches the upper price target. Please note that this information is for general purposes only and should not be considered long-term investment advice.
| Staked TAO (Root) Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
|---|---|---|---|
| 2032 | $561.98 | $1,043.30 | $1,524.61 |
| 2033 | $1,305.93 | $2,683.48 | $4,061.02 |
| 2034 | $1,049.90 | $1,700.91 | $2,351.92 |
| 2035 | $1,241.31 | $2,006.23 | $2,771.15 |
| 2036 | $2,054.77 | $3,894.11 | $5,733.45 |
| 2037 | $5,336.18 | $9,514.10 | $13,692.02 |
Staked TAO (Root) potential price histogram
Staked TAO (Root) Price Forecast Based on Technical Analysis
Market Sentiment Indicator
BULLISH 78.13%
BEARISH 21.88%
As of January 6, 2026, the overall price prediction sentiment for Staked TAO (Root) is BULLISH, with 25 technical indicators showing bullish signals and 7 indicating bearish signals. The SN0 price prediction was last updated on January 6, 2026.
Staked TAO (Root)'s 50-Day, 200-Day Simple Moving Averages and 14-Day Relative Strength Index - RSI (14)
According to our technical indicators, Staked TAO (Root)'s 200-day SMA is projected to INCREASE over the next month, reaching $324.29 by Feb 4, 2026. The short-term 50-day SMA for Staked TAO (Root) is expected to reach $245.39 by Feb 4, 2026.
The Relative Strength Index (RSI) momentum oscillator is a commonly used tool to identify if a cryptocurrency is oversold (below 30) or overbought (above 70). Right now, the RSI stands at 62.62, suggesting that the SN0 market is in a NEUTRAL state.
Popular SN0 Moving Averages and Oscillators for Sat, Oct 19, 2024
Moving averages (MA) are widely used indicators across financial markets, designed to smooth out price movements over a set period. As lagging indicators, they are based on historical price data. The table below highlights two types: the simple moving average (SMA) and the exponential moving average (EMA).
Daily Simple Moving Average (SMA)
| Period | Value | Action |
|---|---|---|
| SMA 3 | $266.24 | BUY |
| SMA 5 | $255.41 | BUY |
| SMA 10 | $238.22 | BUY |
| SMA 21 | $231.76 | BUY |
| SMA 50 | $267.49 | BUY |
| SMA 100 | $322.99 | SELL |
| SMA 200 | $339.25 | SELL |
Daily Exponential Moving Average (EMA)
| Period | Value | Action |
|---|---|---|
| EMA 3 | $266.87 | BUY |
| EMA 5 | $258.14 | BUY |
| EMA 10 | $246.46 | BUY |
| EMA 21 | $245.26 | BUY |
| EMA 50 | $270.30 | BUY |
| EMA 100 | $301.24 | SELL |
| EMA 200 | $334.34 | SELL |
Weekly Simple Moving Average (SMA)
| Period | Value | Action |
|---|---|---|
| SMA 21 | $314.51 | SELL |
| SMA 50 | — | — |
| SMA 100 | — | — |
| SMA 200 | — | — |
Weekly Exponential Moving Average (EMA)
| Period | Value | Action |
|---|---|---|
| EMA 21 | $303.42 | SELL |
| EMA 50 | $220.02 | BUY |
| EMA 100 | $110.01 | BUY |
| EMA 200 | $55.00 | BUY |
Staked TAO (Root) Oscillators
An oscillator is a technical analysis tool that sets high and low boundaries between two extremes, creating a trend indicator that fluctuates within these limits. Traders use this indicator to identify short-term overbought or oversold conditions.
| Period | Value | Action |
|---|---|---|
| RSI (14) | 62.62 | NEUTRAL |
| Stoch RSI (14) | 114.66 | SELL |
| Stochastic Fast (14) | 100 | SELL |
| Commodity Channel Index (20) | 236.28 | SELL |
| Average Directional Index (14) | 23.79 | NEUTRAL |
| Awesome Oscillator (5, 34) | 2.12 | BUY |
| Momentum (10) | 62.17 | BUY |
| MACD (12, 26) | 9.22 | BUY |
| Williams Percent Range (14) | -0 | SELL |
| Ultimate Oscillator (7, 14, 28) | 84.26 | SELL |
| VWMA (10) | 240.53 | BUY |
| Hull Moving Average (9) | 274.29 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | -87.334314 | SELL |
Staked TAO (Root) price prediction based on worldwide money flows
Worldwide money flows definitions used for Staked TAO (Root) price prediction
M0: The total of all physical currency, plus accounts at the central bank which can be exchanged for physical currency.
M1: Measure M0 plus the amount in demand accounts, including "checking" or "current" accounts.
M2: Measure M1 plus most savings accounts, money market accounts, and certificate of deposit (CD) accounts of under $100,000.
Staked TAO (Root) price predictions by Internet companies or technological niches
| Comparison | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 |
|---|---|---|---|---|---|---|
| Facebook stock | $390.20 | $548.29 | $770.44 | $1,082.60 | $1,521.24 | $2,137.60 |
| Amazon.com stock | $579.41 | $1,208.98 | $2,522.62 | $5,263.60 | $10,982.82 | $22,916.31 |
| Apple stock | $393.88 | $558.69 | $792.46 | $1,124.04 | $1,594.37 | $2,261.49 |
| Netflix stock | $438.15 | $691.33 | $1,090.81 | $1,721.13 | $2,715.68 | $4,284.92 |
| Google stock | $359.60 | $465.68 | $603.06 | $780.96 | $1,011.35 | $1,309.69 |
| Tesla stock | $629.50 | $1,427.03 | $3,234.97 | $7,333.45 | $16,624.37 | $37,686.21 |
| Kodak stock | $208.23 | $156.15 | $117.10 | $87.81 | $65.85 | $49.38 |
| Nokia stock | $183.95 | $121.86 | $80.73 | $53.48 | $35.42 | $23.46 |
This calculation shows how much cryptocurrency can cost if we assume that its capitalization will behave like the capitalization of some Internet companies or technological niches. If you extrapolate the data projections, you can get a potential picture of the future Staked TAO (Root) price for 2024, 2025, 2026, 2027, 2028, 2029 and 2030.
Staked TAO (Root) forecast and prediction overview
You may ask questions like: "Should I invest in Staked TAO (Root) now?", "Should I buy SN0 today?", "Will Staked TAO (Root) be a good or bad investment in short-term, long-term period?".
We update Staked TAO (Root) forecast projection regularly with fresh values. Look at our similar predictions. We making a forecast of future prices for huge amounts of digital coins like Staked TAO (Root) with technical analysis methods.
If you are trying to find cryptocurrencies with good returns, you should explore the maximum of available sources of information about Staked TAO (Root) in order to make such a responsible decision about the investment by yourself.
Staked TAO (Root) price equal to $277.69 USD today, but the price can go both up and down and your investment may be lost because cryptocurrency high-risk assets
Staked TAO (Root) price prediction based on Bitcoin's growth pattern
| 2027 | 2028 | 2029 | 2030 | |
|---|---|---|---|---|
| If Staked TAO (Root) has 1% of Bitcoin's previous average grow per year | $284.90 | $292.31 | $299.91 | $307.70 |
| If Staked TAO (Root) has 2% of Bitcoin's previous average grow per year | $292.12 | $307.31 | $323.28 | $340.09 |
| If Staked TAO (Root) has 5% of Bitcoin's previous average grow per year | $313.78 | $354.56 | $400.64 | $452.71 |
| If Staked TAO (Root) has 10% of Bitcoin's previous average grow per year | $349.87 | $440.81 | $555.39 | $699.75 |
| If Staked TAO (Root) has 20% of Bitcoin's previous average grow per year | $422.05 | $641.46 | $974.93 | $1,481.76 |
| If Staked TAO (Root) has 50% of Bitcoin's previous average grow per year | $638.59 | $1,468.54 | $3,377.15 | $7,766.31 |
| If Staked TAO (Root) has 100% of Bitcoin's previous average grow per year | $999.49 | $3,597.50 | $12,948.57 | $46,606.09 |
Frequently Asked Questions about Staked TAO (Root)
Is SN0 a good investment?
The determination to procure Staked TAO (Root) is entirely contingent on your individualistic risk tolerance. As you may discern, Staked TAO (Root)'s value has experienced an escalation of 6.4462% during the preceding 24 hours, and Staked TAO (Root) has incurred a decline of over the prior 30-day duration. Consequently, the determination of whether or not to invest in Staked TAO (Root) will hinge on whether such an investment aligns with your trading aspirations.
Can Staked TAO (Root) rise?
It appears that the mean value of Staked TAO (Root) may potentially surge to $286.38 by the end of this year. Looking at Staked TAO (Root)'s prospects in a more extended five-year timeline, the digital currency could potentially growth to as much as $900.35. However, given the market's unpredictability, it is vital to conduct thorough research before investing any funds into a particular project, network, or asset.
What will the price of Staked TAO (Root) be next week?
Based on the our new experimental Staked TAO (Root) forecast, the price of Staked TAO (Root) will increase by 0.86% over the next week and reach $280.06 by January 13, 2026.
What will the price of Staked TAO (Root) be next month?
Based on the our new experimental Staked TAO (Root) forecast, the price of Staked TAO (Root) will decrease by -11.62% over the next month and reach $245.42 by February 5, 2026.
How high can Staked TAO (Root)’s price go this year in 2026?
As per our most recent prediction on Staked TAO (Root)'s value in 2026, SN0 is anticipated to fluctuate within the range of $95.94 and $286.38. However, it is crucial to bear in mind that the cryptocurrency market is exceptionally unstable, and this projected Staked TAO (Root) price forecast fails to consider sudden and extreme price fluctuations.
Where will Staked TAO (Root) be in 5 years?
Staked TAO (Root)'s future appears to be on an upward trend, with an maximum price of $900.35 projected after a period of five years. Based on the Staked TAO (Root) forecast for 2030, Staked TAO (Root)'s value may potentially reach its highest peak of approximately $900.35, while its lowest peak is anticipated to be around $311.40.
How much will be Staked TAO (Root) in 2026?
Based on the our new experimental Staked TAO (Root) price prediction simulation, SN0’s value in 2026 expected to grow by 3.13% to $286.38 if the best happened. The price will be between $286.38 and $95.94 during 2026.
How much will be Staked TAO (Root) in 2027?
According to our latest experimental simulation for Staked TAO (Root) price prediction, SN0’s value could down by -12.62% to $242.63 in 2027, assuming the most favorable conditions. The price is projected to fluctuate between $242.63 and $92.36 throughout the year.
How much will be Staked TAO (Root) in 2028?
Our new experimental Staked TAO (Root) price prediction model suggests that SN0’s value in 2028 could increase by 47.02% , reaching $408.26 in the best-case scenario. The price is expected to range between $408.26 and $166.68 during the year.
How much will be Staked TAO (Root) in 2029?
Based on our experimental forecast model, Staked TAO (Root)'s value may experience a 333.75% growth in 2029, potentially reaching $1,204.49 under optimal conditions. The predicted price range for 2029 lies between $1,204.49 and $366.15.
How much will be Staked TAO (Root) in 2030?
Using our new experimental simulation for Staked TAO (Root) price predictions, SN0’s value in 2030 is expected to rise by 224.23% , reaching $900.35 in the best scenario. The price is forecasted to range between $900.35 and $311.40 over the course of 2030.
How much will be Staked TAO (Root) in 2031?
Our experimental simulation indicates that Staked TAO (Root)’s price could grow by 195.98% in 2031, potentially hitting $821.91 under ideal conditions. The price will likely fluctuate between $821.91 and $368.17 during the year.
How much will be Staked TAO (Root) in 2032?
Based on the findings from our latest experimental Staked TAO (Root) price prediction, SN0 could see a 449.04% rise in value, reaching $1,524.61 if the most positive scenario plays out in 2032. The price is expected to stay within a range of $1,524.61 and $561.98 throughout the year.
How much will be Staked TAO (Root) in 2033?
According to our experimental Staked TAO (Root) price prediction, SN0’s value is anticipated to rise by 1362.43% in 2033, with the highest potential price being $4,061.02. Throughout the year, SN0’s price could range from $4,061.02 and $1,305.93.
How much will be Staked TAO (Root) in 2034?
The results from our new Staked TAO (Root) price prediction simulation suggest that SN0 may rise by 746.96% in 2034, potentially reaching $2,351.92 under the best circumstances. The predicted price range for the year is between $2,351.92 and $1,049.90.
How much will be Staked TAO (Root) in 2035?
Based on our experimental forecast for Staked TAO (Root)’s price, SN0 could grow by 897.93% , with the value potentially hitting $2,771.15 in 2035. The expected price range for the year lies between $2,771.15 and $1,241.31.
How much will be Staked TAO (Root) in 2036?
Our recent Staked TAO (Root) price prediction simulation suggests that SN0’s value might rise by 1964.7% in 2036, possibly reaching $5,733.45 if conditions are optimal. The expected price range for 2036 is between $5,733.45 and $2,054.77.
How much will be Staked TAO (Root) in 2037?
According to the experimental simulation, Staked TAO (Root)’s value could rise by 4830.69% in 2037, with a high of $13,692.02 under favorable conditions. The price is expected to fall between $13,692.02 and $5,336.18 over the course of the year.
Related Predictions
How to read and predict Staked TAO (Root) price movements?
Staked TAO (Root) traders use indicators and chart patterns to predict market direction. They also identify key support and resistance levels to gauge when a downtrend might slow or an uptrend might stall.
Staked TAO (Root) Price Prediction Indicators
Moving averages are popular tools for Staked TAO (Root) price prediction. A simple moving average (SMA) calculates the average closing price of SN0 over a specific period, like a 12-day SMA. An exponential moving average (EMA) gives more weight to recent prices, reacting faster to price changes.
Commonly used moving averages in the crypto market include the 50-day, 100-day, and 200-day averages, which help identify key resistance and support levels. A SN0 price move above these averages is seen as bullish, while a drop below indicates weakness.
Traders also use RSI and Fibonacci retracement levels to gauge SN0's future direction.
How to read Staked TAO (Root) charts and predict price movements?
Most traders prefer candlestick charts over simple line charts because they provide more detailed information. Candlesticks can represent Staked TAO (Root)'s price action in different time frames, such as 5-minute for short-term and weekly for long-term trends. Popular choices include 1-hour, 4-hour, and 1-day charts.
A 1-hour candlestick chart, for instance, shows SN0's opening, closing, highest, and lowest prices within each hour. The candle's color is crucial: green indicates the price closed higher than it opened, while red means the opposite. Some charts use hollow and filled candlesticks to convey the same information.
What affects the price of Staked TAO (Root)?
Staked TAO (Root)'s price action is driven by supply and demand, influenced by factors like block reward halvings, hard forks, and protocol updates. Real-world events, such as regulations, adoption by companies and governments, and cryptocurrency exchange hacks, also impact SN0's price. Staked TAO (Root)'s market capitalization can change rapidly.
Traders often monitor the activity of SN0 "whales," large holders of Staked TAO (Root), as their actions can significantly influence price movements in the relatively small Staked TAO (Root) market.
Bullish and bearish price prediction patterns
Traders often identify candlestick patterns to gain an edge in cryptocurrency price predictions. Certain formations indicate bullish trends, while others suggest bearish movements.
Commonly followed bullish candlestick patterns:
- Hammer
- Bullish Engulfing
- Piercing Line
- Morning Star
- Three White Soldiers
Common bearish candlestick patterns:
- Bearish Harami
- Dark Cloud Cover
- Evening Star
- Shooting Star
- Hanging Man