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Rocket Pool price prediction 2024-2030: Is RPL a good investment?

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Key takeaways:

  • Rocket Pool price prediction for 2024 could reach a maximum value of $33
  • In 2027, the coin could be worth between $57.97 and $69.19, an average price of $65.70.
  • In 2030, RPL will range between $101.60 to $112.52.

Unlike traditional staking services, Rocket Pool allows users to pool their Ethereum (ETH) to run validator nodes on the Ethereum network. Thus, participants can participate in the staking process without requiring the full 32 ETH to run a validator node.

Furthermore, Rocket Pool introduces the concept of “rETH” tokens, issued to users who stake ETH in the Rocket Pool network. These rETH tokens represent users’ stake in the pool and can be traded or transferred independently of the underlying ETH, providing liquidity and flexibility to participants.

Overall, Rocket Pool aims to democratize Ethereum staking and contribute to the decentralization of the Ethereum network by providing a secure, efficient, and accessible platform for staking participation. As DeFi continues to gain traction, Rocket Pool stands out as a pioneering project at the forefront of innovation in the cryptocurrency ecosystem.

What can traders and investors expect in the coming months and years? Can Rocket Pool’s price reach $50?

Overview

CryptocurrencyRocket Pool
TokenRPL
Price$ 12.30
Market Cap$258.05M
Trading Volume$7.08M
Circulating Supply20.98M RPL
All-time High Date$154.73 on Nov 16, 2021
All-time Low Date$0.09118 on May 17, 2019
24-hour High$12.16
24-hour Low$11.39

Rocket Pool technical analysis

MetricValue
Price Prediction$17.78 (47.71%)
Volatility12.82%
50-day SMA$ 12.70
14-Day RSI44.82
SentimentBearish
Fear & Greed Index73 (Greed)
Green Days17/30 (57%)
200-Day SMA$ 16.63

Rocket Pool price analysis

TL;DR Breakdown:

  • RPL price analysis shows that Resistance zones are at $12.37 on the 4-hour chart and $16.17 on the 1-day chart.
  • Support zones are at $11.00 on the 4-hour chart and $9.75 on the 1-day chart.
  • Bearish momentum with the price at $11.45 trading below the 20-SMA and potential for further declines if $11.00 is breached

Rocket Pool price analysis 1-day chart

RPL/USD 1-Day price chart, Source: TradingView

The 1-day chart for Rocket Pool (RPL) shows the price at $11.89, trading below the 20-SMA at $12.96, indicating bearish momentum. Resistance lies at $16.17 (upper Bollinger Band), while support is at $9.75 (lower Bollinger Band). The RSI at 42.55 suggests weak buying pressure, approaching oversold territory. The declining price indicates subdued bullish sentiment, and a breach below $9.75 could trigger further bearish continuation. Conversely, a recovery above the 20-SMA at $12.96 may ignite short-term bullish activity, targeting the $16.17 resistance.

RPL/USD 4-hour price chart analysis

RPL/USD 4-hour price chart, Source: TradingView

The 4-hour chart for Rocket Pool (RPL) indicates bearish momentum, with the price trading at $11.45, below the 20-SMA at $11.93, signaling downward pressure. Resistance is seen at $12.37 (upper Bollinger Band), while support lies at $11.50 (lower Bollinger Band).

The Balance of Power (BoP) at -0.48 reflects significant bearish dominance. The MACD is neutral-to-bearish, with the MACD line at -0.04 below the signal line at 0.02, suggesting weakening momentum. A drop below $11.50 could lead to further declines, potentially testing $11.00. A recovery above $11.93 may provide short-term relief, but bearish sentiment dominates.

RPL technical indicators: Levels and action

Daily simple moving average (SMA)

PeriodValue ($)Action
SMA 3$ 13.62SELL
SMA 5$ 13.13SELL
SMA 10$ 12.18SELL
SMA 21$ 13.27SELL
SMA 50$ 12.90SELL
SMA 100$ 11.82SELL
SMA 200$ 13.87SELL

Daily exponential moving average (EMA)

PeriodValue ($)Action
EMA 3$ 12.75SELL
EMA 5$ 13.29SELL
EMA 10$ 13.99SELL
EMA 21$ 14.17SELL
EMA 50$ 13.26SELL
EMA 100$ 12.91SELL
EMA 200$ 14.72SELL

What can you expect from RPL price analysis next?

Based on the 1-day and 4-hour Rocket Pool (RPL) charts, bearish momentum persists with limited recovery signals. On the daily chart, RPL trades at $11.89, below the 20-SMA at $12.96, with resistance at $16.17 and support at $9.75. The RSI at 42.55 suggests weak buying pressure, pointing toward potential downside. On the 4-hour chart, RPL is at $11.45, below the 20-SMA at $11.93, with resistance at $12.37 and support at $11.00. The MACD and Balance of Power confirm bearish sentiment. A drop below $11.00 could lead to further losses, while recovery above $12.00 might signal short-term stabilization.

Is Rocket Pool a good investment?

Rocket Pool (RPL) presents a compelling investment opportunity due to its innovative decentralized Ethereum staking model, offering potentially high returns through staking rewards. However, investors should consider market volatility and competition within the DeFi space. Conduct thorough research and assess personal risk tolerance before investing in RPL.

Will Rocket Pool reach $50?

Rocket Pool (RPL) reaching $50 appears possible but is uncertain. Predictions suggest a range of $44.40 to $53.27 for 2026, with the potential to hit $50 if market conditions are favorable and investor sentiment improves. However, significant upward momentum is required to achieve this target soon

Will Rocket Pool reach $150?

Reaching $150 for Rocket Pool (RPL) seems highly ambitious and unlikely in the near term. Our current Rocket pool forecast suggests that RPL may peak at around $112.52 by 2030.

Is Rocket Pool a safe investment?

Rocket Pool is generally considered a secure investment due to its decentralized structure, robust security audits, and significant total value locked (over $4.4 billion), reflecting user confidence. However, like all cryptocurrencies, it carries inherent risks due to market volatility and potential technical vulnerabilities

Does RPL have a good long-term future?

RPL’s chart shows an immediate outlook that appears bearish. However, assessing its long-term future requires considering broader market trends.

Recent news/opinion on Rocket Pool

Rocket Pool introduces “Saturn Zero” upgrade, launching ETH-only minipools, no RPL needed. Dive in to stake and mint rETH effortlessly!

Rocket Pool Price Prediction December 2024

In December, Rocket Pool’s price is predicted to have a minimum, maximum, and average value of $15.06, suggesting consistent trading activity at this price level throughout the month.

PeriodMinimum priceAverage priceMaximum price
December 2024$15.06$15.06$15.06

Rocket Pool Price Forecast 2024

In 2024, RPL’s average forecast price could be about $31.40. Its minimum and maximum prices can be expected at $13.44 and $33, respectively.

PeriodMinimum priceAverage priceMaximum price
RPL price prediction 2024$13.44$31.40$33

Rocket Pool Price Predictions 2025 – 2030

YearMinimum priceAverage priceMaximum price
2025$32.36$36.38$39.14
2026$44.4$52.33$53.27
2027$57.97$65.7$69.19
2028$57.97$65.7$69.19
2029$71.5$78.1$82.2
2030$101.6$109.64$112.52

Rocket Pool price prediction 2025

In 2025, Rocket Pool (RPL) is expected to grow, with a minimum price of $32.36, a maximum of $39.14, and an average of around $36.38.

Rocket Pool Price Prediction 2026

In 2026, RPL could trade between $44.40 and $53.27, with an average price of $52.33. This increase indicates a bullish outlook as Rocket Pool’s adoption potentially accelerates.

Rocket Pool (RPL) price prediction 2027

By 2027, Rocket Pool may reach a maximum of $69.19, with an average price of $65.70 and a minimum of $57.97. This prediction reflects ongoing growth in demand and network support.

Rocket Pool Price Prediction 2028

In 2028, the price forecast suggests stability for Rocket Pool, maintaining prices between $57.97 and $69.19, with an average of $65.70.

Rocket Pool Price Prediction 2029

In 2029, Rocket Pool is anticipated to regain momentum, trading between $71.50 and $82.20, with an average price of $78.10.

Rocket Pool (RPL) price prediction 2030

By 2030, Rocket Pool prediction is projected to reach a peak price of $112.52, with an average trading price of $109.64 and a minimum of $101.60. This upward trajectory highlights Rocket Pool’s potential for sustained, long-term appreciation.

Rocket pool's price prediction 2025-2030
Rocket pool’s price prediction 2025-2030

Rocket Pool market price prediction: Analysts’ RPL price forecast

Firm Name20242025
Cryptoprediction.com$15.33$18.36
Binance$20.50$89.58

Cryptopolitan’s Rocket Pool price prediction

According to Cryptopolitan’s forecast, Rocket Pool (RPL) is expected to have a minimum price of $13.44, an average of $31.40, and a maximum of $33 in 2024. Looking ahead, RPL prediction for 2030 indicates more significant growth, with the token’s price ranging from $101.60 to $112.52.

Rocket Pool’s historic price sentiment

RPL price history
RPL price history
  • The year 2020 marked a transformative period for Rocket Pool, with its price starting at $0.4877 in January and soaring to $3.70 by August, reflecting substantial growth.
  • Despite early challenges in 2020, with prices as low as $0.3813 in March, Rocket Pool demonstrated resilience and ended the year on a positive note, closing at $4.27 in December.
  • Notably, Rocket Pool experienced a surge in trading volume during the latter half of 2020, indicating increasing investor interest and confidence in the company’s prospects.
  • 2021 showcased volatility in Rocket Pool’s price, with highs of $51.27 in November amidst a peak in trading volume. However, it faced significant lows earlier in the year, dipping to $4.27 in January.
  • The year 2022 reflected a mixed sentiment, with Rocket Pool experiencing peaks and valleys. It started the year at $27.57, showing promise, but ended with a decline to $10.50 by June.
  • In 2023, the stock witnessed a bullish trend, reaching its peak in March with a high of $64.29. However, it experienced a sharp decline thereafter, closing the year at $27.57, indicating a substantial downturn.
  • RPL started trading around the $30 mark in January 2024, dropped to about $27 in February, but soon regained momentum, reaching $38 in mid-March.
  • A bearish wave followed, taking RPL to $19.59 by April 18 and $18.29 by May 20. In June 2024, Rocket Pool (RPL) traded between $19 – $28; now, in July, the token is trading within the $13.31 – $20.22 range.
  • As of the latest data in August 2024 RPL coin price traded at $10.96.
  • On September 26, rocket pool rise to $11.43 and early October the price dropped to $9.88 with the trading volume of $9.17M.
  • By the end of October RPL price reached $11 with a trading volume of $4.08M. Early November 05, RPL price dropped to $8.8.
  • On December 03, Rocket Pool (RPL) traded at $15.89, with a trading volume of $23.39M.
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