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

Key takeaways

• Rocket Pool price prediction for 2024 could reach a maximum value of $27.71.
• By 2027, RPL could reach a maximum price of $107.29.
• In 2030, RPL will range between $254.97 to $306.15.

Unlike traditional staking services, Rocket Pool allows users to pool their Ethereum (ETH) together to run validator nodes on the Ethereum 2.0 network. Thus, participants can participate in the staking process without requiring the full 32 ETH typically needed 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.

Overview

Cryptocurrency	Rocket Pool
Token	RPL
Price	$22.98
Market Cap	$470,159,651
Trading Volume	$4,427,603
Circulating Supply	20,369,080 RPL
All-time High	$154.73, Nov 16, 2021
All-time Low	$0.09118, May 17, 2019
24 High	$23.12
24 Low	$21.96

Rocket Pool Technical Analysis

Metric	Value
Price Prediction	$31.46 (36.34%)
Volatility	5.35%
50-Day SMA	$22.30
14-Day RSI	58.38
Sentiment	Neutral
Fear & Greed Index	76 (Extreme Greed)
Green Days	14/30 (47%)
200-Day SMA	$27.83

Rocket Pool price analysis: RPL dives below $26.5 as the market turns negative

TL;DR Breakdown

• Rocket Pool price analysis shows bearish market sentiment.
• RPL resistance and support are at $30.28 and $25.73, respectively.

The Rocket Pool price analysis for 17 June shows a clear downtrend, starting from approximately 27.88 and declining to 26.50. The initial part of the day experienced some upward movement, peaking above 30.0, indicating some initial buying activity and demand. However, this was followed by a steady decline, demonstrating persistent selling pressure and a lack of sustained buyer support to maintain higher price levels. The continuous drop in price throughout the day reflects the bearish sentiment in the market, with sellers dominating and pushing the price lower despite sporadic attempts by buyers to stabilize the price.

Rocket Pool price analysis 1-day chart: RPL price falls to $26.5 as bears reclaim control

The 1-day Rocket Pool price analysis shows a downward trend and bearish sentiment in the market. The bulls have been unable to break through the $30.28 resistance level, leading to a decrease in price over the past 24 hours. The bears seem to be taking control of the market, and it looks like this trend will continue in the short term.

The Relative Strength Index (RSI) is at 64.70, which is in the higher range this suggests that there is still room for the price to move higher before reaching overbought conditions. The positive MACD value and the upward slope of the MACD histogram further confirm the bullish sentiment. These indicators collectively suggest that the bullish trend in Rocket Pool’s price is likely to take over.

RPL/USD 4-hour price chart: The Rocket Pool price is facing resistance at $30.28

The 4-hour Rocket Pool price analysis also shows a bearish trend in the market. The price has decreased by 4.53 percent over the past four hours, and it looks like this bearish sentiment will continue in the near future. The bears have been able to push the price below $26.5, indicating that they are in control of the market. We will likely see further price declines if the bears remain in market control.

The MACD line is in the negative region of the histogram, indicating more bears are in control of the price action. The RSI is currently at 54.71, which is in the neutral zone, suggesting that the market is neither overbought nor oversold. This level indicates that there is balanced buying and selling pressure, providing room for potential upward or downward movement.

RPL Technical Indicators: Levels And Action

Daily Simple Moving Average (SMA)

Period	Value	Action
SMA 3	$ 21.95	BUY
SMA 5	$ 21.86	BUY
SMA 10	$ 20.87	BUY
SMA 21	$ 20.46	BUY
SMA 50	$ 22.30	BUY
SMA 100	$ 26.93	SELL
SMA 200	$ 27.83	SELL

Daily Exponential Moving Average (EMA)

Period	Value	Action
EMA 3	$ 20.73	BUY
EMA 5	$ 20.76	BUY
EMA 10	$ 20.92	BUY
EMA 21	$ 21.77	BUY
EMA 50	$ 24.39	SELL
EMA 100	$ 26.59	SELL
EMA 200	$ 28.05	SELL

What to expect from the Rocket Pool price analysis

Rocket Pool price analysis for today shows RPL has been trending higher in the past week but failed to break out past the $30.28 resistance level and corrected back to its current price of $26.5. The bears are in control of the price action in both the daily and 4-hour charts, with prices facing a stiff downward trend. The current market sentiment looks negative, and investors should closely monitor RPL prices for the next 24 hours.

Recent news/opinion on Rocket Pool

•  Rocket Pool (RPL) surged past $30 amid high trading volume, driven by the Houston upgrade’s launch and community excitement.
• The upgrade introduces new staking features and enhances the protocol’s tokenomics, reducing RPL inflation and changing node operator requirements.

Rocket Pool price prediction June 2024

The price of Rocket Pool in June is predicted to reach a minimum value of $19.69. Traders can anticipate a maximum value of $27.71 and an average trading price of $23.70.

Rocket Pool price prediction 2024

In 2024, RPL’s average forecast price could be about $29.86. Its minimum and maximum prices can be expected at $28.94 and $33.41, respectively.

Rocket Pool price predictions 2025 – 2030

Rocket Pool price prediction 2025

The 2025 Rocket Pool Price Prediction indicates that Rocket Pool’s price is expected to reach a minimum threshold of $43.18. Further projections suggest the potential for the RPL price to reach a maximum level of $50.71, with an average trading price anticipated to settle around $44.67.

Rocket Pool price prediction 2026

Based on the Rocket Pool Price Prediction and technical analysis, the expected trajectory for Rocket Pool’s price in 2026 indicates a projected minimum value of $61.43. Furthermore, there is an outlook for the RPL price to potentially reach a maximum value of $75.57, with an average valuation anticipated to hover around $63.66.

Rocket Pool price prediction 2027

As per the Rocket Pool price predictions, the trajectory of RPL’s price in 2027 indicates a projected minimum value of $87.29. Moreover, there is anticipation that the Rocket Pool price may potentially reach a maximum value of $107.29, with the average trading price estimated to be around $89.84 throughout 2027.

Rocket Pool price prediction 2028

According to the Rocket Pool price predictions, the trajectory of RPL’s price in 2028 suggests a projected minimum value of $124.78. Additionally, there is anticipation that the Rocket Pool prices may reach a maximum value of $151.47, with the average trading price estimated to be around $129.27 throughout 2028.

Rocket Pool price prediction 2029

The Rocket Pool price prediction for 2029 indicates a potential minimum trading cost of $181.37, with the maximum expected to reach $221.00. On average, analysts foresee the value of Rocket Pool (RPL) hovering around $187.84.

Rocket Pool price prediction 2030

As per our Rocket Pool Price Prediction for 2030, derived from an analysis of RPL’s historical price data, the forecast suggests a potential minimum value of $254.97 for Rocket Pool. Furthermore, a projection indicates that the Rocket Pool price could reach a maximum value of $306.15, with the average trading value expected to be around $262.49.

Rocket Pool market price prediction: Analysts’ RPL price forecast

• According to PricePrediction.net, RPL’s minimum values rise from $28.94 in 2024 to $254.97 in 2030, with maximum values increasing from $33.41 to $306.15.
• Per SwapSpace, RPL shows a -9% ROI in 2024 (sell), 37% in 2025 (buy), 65% in 2026 (buy), -5% in 2027, and 102% in 2030 (buy).
• According to CoinCu, RPL’s 2029 average prices range from $891.69 to $1,253.93, and 2030 prices range from $1,114.61 to $1,532.59.

Cryptopolitan’s Rocket Pool price prediction

Cryptopolitan’s analysis of Rocket Pool (RPL) suggests a minimum price of $18.71, an average of $22.52, and a maximum of $26.32 in 2024. Looking ahead, our predictions for 2025 indicate more significant growth, with the token’s price ranging from $41.02 to $48.17.

Rocket Pool historic price sentiment

• 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.
• Analyzing the price trends in 2024 provides insights into Rocket Pool price prediction and market dynamics, illustrating the challenges and opportunities it has encountered.
• Between May and June 2024, RPL was on the upward trend. For the year, it registered its highest price at $31.80.