SPACE ID Price Prediction 2024-2030: Will ID Price Hit $5 Soon? 

Date:

  • Bullish ID price prediction ranges from $0.82 to $0.91.
  • ID price might also reach $1.2 this 2024.
  • ID’s bearish market price prediction for 2024 is $0.0622.

It is evident from the interaction of the community that the demand for Web3 is rising. To meet this demand, SPACE ID was formed with the aim of becoming a universal name service network for decentralized identity and various Web3 name services. These decentralized identities, as claimed by SPACE ID, could be used across multiple dApps and blockchain networks. 

ID is the governance token of SPACE ID, enabling the community to partake in the decision-making process of the network. The ID token was built to help in the growth and sustainability of the SPACE ID ecosystem.

Moreover, the community has taken a keen interest in ID since its launch. However, it still remains a question regarding SPACE ID’s future as time moves forward.

If you are curious about SPACE ID (ID)’s future, and ID’s price forecast and analysis for 2024, 2025, 2026, and up to 2050, keep reading this Coin Edition’s price prediction article.  

SPACE ID Market Overview

🪙 Name SPACE ID
💱 Symbol id
🏅 Rank #225
💲 Price $0.53572
📊 Price Change (1h) 3.00921 %
📊 Price Change (24h) 91.94868 %
📊 Price Change (7d) 87.33403 %
💵 Market Cap $222097227
📈 All Time High $1.034
📉 All Time Low $0.171112
💸 Circulating Supply 430506132 id
💰 Total Supply 1996617244 id

What is SPACE ID (ID)?

SPACE ID was formed to act as a universal name service network to meet the rising demands for decentralized identity and various Web3 name services. These decentralized identities could be used across multiple dApps and blockchain networks and have proven to be an essential key factor for the revolutionary Web3 age.

ID is the governance token of SPACE ID, enabling the community to partake in the decision-making process of the network. As the native token of the SPACE ID ecosystem, ID has three functions such as staking, payments, and governance.  The ID token was built to help in the growth and sustainability of the SPACE ID ecosystem. 

SPACE ID is a one-stop web3 domain and identity platform, enabling users to discover, register, trade, and manage web3 domains. As explained by SPACE ID, this name service network will also include a web3 name SDK and API for developers, along with a multi-chain name service. 

Space IDs is powered by an ad hoc blockchain called “Lucas,” allowing users to easily bridge and store data across various chain. Moreover, the SPACE ID protocol supports multiple top-level domains (TLDs) such as .eth, .bnb, and .arb and enables the community to launch their very own custom TLDs.

The Space ID DAO will be utilized to govern its protocol and platform. The native token of the SPACE ID ecosystem, ID, can be used for staking, payments, and for governance. Moreover, ID helps users to navigate and take advantage of the various features of the SPACE ID ecosystem and easily manage their digital identities.

Analyst View on SPACE ID

Since the launch of SPACE ID’s native taken, the crypto community has shown a keen interest in ID. Binance’s launchpad for SPACE ID tokens received over $2.8 billion in BNB commitments in just 48 hours, as reported by Changpeng Zhao, the founder of Binance. 

Furthermore, CoinGecko, a crypto data aggregator, announced on Friday that SPACE ID was ranked second as the top trending coins list. This could indicate that the crypto community was looking forward to ID’s launch and the features it could offer for the futuristic Web3 world.

SPACE ID Current Market Status

ID is currently ranked in the 258 position based on its market capitalization, according to CoinMarketCap. The current circulating supply of SPACE ID’s native token is at 356,837,066 ID, while its total supply is 2,000,000,000. 

Moreover, ID is priced at $0.2424, observing a 0.96% fall in seven days. With a market cap of $86,487,475, ID also witnessed a 0.73% tumble in 24 hours. It was observed that ID had a huge demand initially. However, it seems that the demand for ID may have settled as the trading volume was valued at $86,982,256, after a downfall of 1.96% over the one-day period.

Some of the crypto exchanges for trading ID are currently Binance, KuCoin, Bybit, Bitrue, and Huobi. However, traders should note that over time ID could be available across many other top crypto exchanges.

Now, let’s dive further and discuss the price analysis of SPACE ID’s native token, ID, for 2023.

SPACE ID Price Analysis

After SPACE ID (ID) became popular during its launch, its native token faced a fall. However, will SPACE ID (ID) new developments in its ecosystem and protocol create a surge in ID’s price in 2023? Read more to find out about SPACE ID 2023 price analysis.

SPACE ID Price Analysis – Bollinger Bands

The Bollinger Bands is a technical analysis tool that is used to analyze price movement and volatility. Bollinger Bands (BB) utilizes the time period and the stand deviation of the price. Normally, the default value of BB’s period is set at 20. The upper band of the BB is calculated by adding 2 times the standard deviations to the Simple Moving Average (SMA), while the lower band is calculated by subtracting 2 times the standard deviation from the SMA. Based on the empirical law of standard deviation, 95% of the data sets will fall within the two standard deviations of the mean. 

ID/USDT 4-Hour Chart Showing Bollinger Bands (Source: TradingView)

After facing a downfall earlier, the ID seems to be observing a low volatility market as the bands of the Bollinger Bands continue to move parallel with hardly any gap between them. Moreover, the BBW indicator also confirms that the ID market may remain in the low volatility market for quite some time. If ID wants to experience any price actions, the early indications could be seen through Bollinger Bands’ expansion.

SPACE ID Price Analysis – Relative Strength Index (RSI)

The Relative Strength Index (RSI) is a momentum indicator utilized to find out the current trend of the price movement and determine if it is in the oversold or overbought region. Traders often use this tool to make decisions about when to buy or sell the tokens. When the RSI is often valued below or at 30, it is considered an oversold region, and a price correction could happen soon. Moreover, when the RSI is valued above or at 70, it is regarded as the overbought region, and traders expect the price could fall soon.

ID/USDT 4-Hour Chart Showing RSI (Source: TradingView)

The RSI is currently valued at 41.69, which could be an indication of more sellers existing in the market. Moreover, after the bearish crossover observed in the RSI indicator, it has been moving downwards for some time. There may be a chance that bears could be controlled as the Bull Bear Power indicator is currently valued in the negative zone. It would take some time and further confirmations to decide ID’s potential bull run.

SPACE ID Price Analysis – Moving Average Convergence Divergence (MACD)

The Moving Average Convergence Divergence (MACD) indicator can be used to identify potential price trends, momentums, and reversals in markets. MACD will simplify the reading of a moving average cross easier. The MACD indicator is calculated by subtracting the long-term EMA (Exponential Moving Average) indicator from the short-term EMA. Normally, the default values for the MACD are set at 12-day EMA, 26-day EMA, and 9-day EMA. Moreover, MACD is considered a lagging indicator as it cannot provide trade signals without any past price data. MACD plays an important role as it can confirm the trends and identify potential reversals.

ID/USDT 4-Hour Chart Showing MACD (Source: TradingView)

In the MACD’s histogram, the red bars continue to form, indicating that ID could face a fall in the short-term period. Meanwhile, the MACD line and the signal line continue to move downwards parallelly, which could further prove that ID may fall over time. If ID needs to observe a shift trend, then, the red bars need to reduce its formation over time. Furthermore, traders need to observe and wait for more confirmation as ID could also fall.

SPACE ID Price Prediction 2024-2030 Overview

Year Minimum Price Average Price Maximum Price
2024 $0.95 $1.87 $3.47
2025 $3.01 $3.79 $5.56
2026 $4.27 $5.14 $6.09
2027 $4.99 $5.45 $6.89
2028 $6.25 $7.63 $8.90
2029 $7.87 $8.13 $9.75
2030 $8.04 $9.21 $10.75
2040 $19.53 $20.88 $21.87
2050 $28.78 $29.29 $30.05

SPACE ID Price Prediction

ID/USDT 1-Day Chart (Source: TradingView)

Observing the chart, ID is currently moving in a downtrend as the candlesticks keep breaking below the Support line. Moreover, the candlesticks are below the SMA indicators, which could be a signal that the ID may be facing a bearish trend. Moreover, the candlesticks seem to form points near the trend line, they may be a chance that the price may continue to fall for some time. However, it would take some time for recovery as the ADX also shows that there is currently a weak trend in the market.

Meanwhile, the forecast for ID remains to be bullish and is expected to reach beyond the level of $0.8234. The bearish price prediction for ID ranges from 0.00764 to $0.00622. However, on the off chance, ID experiences an extremely bullish sentiment again, there is a high possibility that it trade beyond the level of $1.2.

Bullish Price Prediction Bearish Price Prediction
$0.8234 – $0.9103 $0.0764 – $0.0622

SPACE ID Price Prediction 2024

Traders are looking forward to this year as it could be a historic moment for cryptocurrencies, as the Bitcoin halving is expected to happen in 2024. Most of the time, whenever BTC rises, traders have observed a similar surge in the altcoins. ID could also be affected by Bitcoin halving and could trade beyond the price of $3.15 by the end of 2024.

SPACE ID Price Prediction 2025

ID could still experience the after-effects of the Bitcoin halving and is expected to trade above its 2024 price. Many trade analysts speculate that BTC halving could create a huge impact on the crypto market. Moreover, similar to many altcoins, ID will continue to rise in 2025 forming new resistance levels. It is expected that ID would trade beyond the $5.56 level.

SPACE ID Price Prediction 2026

It is expected that after a long period of bull run, the bears would come into power and start negatively impacting the cryptocurrencies. During this bearish sentiment, ID could tumble into its support regions of $4.27. However, when ID remains in the oversold region, there could be a price correction soon. ID, by the end of 2026, could be trading beyond the $6 resistance level after experiencing the price correction.

SPACE ID Price Prediction 2027

Naturally, traders expect a bullish market sentiment after the crypto industry was affected negatively by the bears’ claw. ID is expected to rise after its slumber in the bear season. Moreover, ID could even break more resistance levels as it continues to recover from the bearish run. Therefore, ID is expected to trade at $6.89 by the end of 2027.

SPACE ID Price Prediction 2028

Once again, the crypto community is looking forward to this year as there will be a Bitcoin halving. Alike many altcoins, ID will continue to form new higher highs and is expected to move in an upward trajectory. Hence, ID would be trading at $8.90 after experiencing a massive surge by the end of 2028. 

SPACE ID Price Prediction 2029

2029 is expected to be another bull run due to the aftermath of the BTC halving. However, traders speculate that the crypto market would gradually become stable by this year. In tandem with the stable market sentiment and the slight price surge expected after the aftermath, ID could be trading at $9.75 by the end of 2029.

SPACE ID Price Prediction 2030

After witnessing a bullish run in the market, ID and many altcoins would show signs of consolidation and might trade sideways for some time, while experiencing minor spikes. Therefore, by the end of 2030, ID could be trading at $10.75.

SPACE ID Price Prediction 2040

The long-term forecast for ID indicates that this altcoin could reach a new all-time high(ATH). This would be one of the key moments as HODLERS may expect to sell some of their tokens at the ATH point. However, ID may face a slight fall before starting its upward journey once again. It is expected that the average price of ID could reach $21.87 by 2040.

SPACE ID Price Prediction 2050 

The community believes that there will be widespread adoption of cryptocurrencies, which could maintain gradual bullish gains. By the end of 2050, if the bullish momentum is maintained, ID could surpass the resistance level of $30.

Conclusion 

To conclude, we could expect ID to reach $1.2 in 2023 if it experiences an extremely bullish market condition and investors show optimistic behavior towards altcoin. Meanwhile, Coin Edition’s price prediction article shows that ID may trade at a new level of $30 in 2050.

FAQ

What is SPACE ID (ID)?

SPACE ID is a one-stop web3 domain and identity platform, enabling users to discover, register, trade, and manage web3 domains. 

How to buy SPACE ID tokens?

SPACE ID can be traded on many exchanges like other digital assets. Binance, Bybit, Bitrue, and CoinW are some exchanges that trade ID. 

Can SPACE ID reach $10?

ID is one of the trending tokens and if it manages to break above the present $0.4 momentum, then, it has the potential to hit $10 by 2030. 

Is SPACE ID a good investment in 2023?

Since ID is still relatively new and has proved that investors are showing a huge demand, this altcoin has the potential to become one of the best investments in 2023. Moreover, its current trend could break the resistance levels forming new higher highs. 

What is the lowest price of SPACE ID?

The lowest price of ID is $0.3859.

Which year was SPACE ID launched? 

ID was launched in 2023

How do I store SPACE ID?

ID can be stored in a hot wallet, cold wallet, or exchange wallet. 

What will be the SPACE ID price in 2023?

ID is expected to reach $1.2 by 2023.

What will be the Space ID price in 2024?

ID is expected to reach $3 by 2024. 

What will be the SPACE ID price in 2025?

ID is expected to reach $5.56 by 2025.

What will be the SPACE ID price in 2026?

ID is expected to trade beyond the $6 level.

What will be the SPACE ID price in 2027?

ID is expected to reach $6.89 by 2027.

What will be the SPACE ID price in 2028?

ID is expected to reach $8.90 in 2028.

What will be the SPACE ID price in 2029?

ID is expected to reach $9.75 by 2029.

What will be the SPACE ID price in 2030?

ID is expected to reach $10.75 by 2030.

What will be the SPACE ID price in 2040?

ID is expected to reach $21.87 by 2040.

What will be the SPACE ID price in 2050?

ID is expected to trade beyond the $30 resistance level.

Disclaimer: The views and opinions, as well as all the information shared in this price analysis, are published in good faith. Readers must do their own research and due diligence. Any action taken by the reader is strictly at their own risk, Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

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Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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