Key takeaways:
- Pendle’s current price is at $4.41 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
| Token | PENDLE |
| Price | $4.41 |
| Market Cap | $709.40M |
| Trading Volume | $82.18M |
| Circulating Supply | 160.92M PENDLE |
| All-time High | $7.52 (Apr 11, 2024) |
| All-time Low | $0.03349 (Nov 09, 2022) |
| 24-hour High | $4.60 |
| 24-hour Low | $4.32 |
Pendle price prediction: Technical analysis
| Metric | Value |
| Price Prediction | $ 12.16 (166.76%) |
| Volatility | 8.59% |
| 50-day SMA | $ 3.95 |
| 14-Day RSI | 55.19 |
| Sentiment | Neutral |
| Fear & Greed Index | 69 (Greed) |
| Green Days | 14/30 (47%) |
| 200-Day SMA | $ 4.42 |
Pendle price analysis
TL;DR Breakdown
- Pendle price analysis is Neutral today.
- PENDLE faces resistance at $5.
- Support for PENDLE is present at $4.
PENDLE/USD 1-day chart
On October 28, Based on the 1-day chart for Pendle (PENDLE/USDT), the price is currently at $4.457, slightly declining by 1.22%. The Bollinger Bands show the price moving towards the middle band ($4.416), indicating potential consolidation. The upper band is around $5.154, while the lower band is at $3.678, suggesting a possible range for volatility. The RSI is at 61.13, above the oversold zone, reflecting mild bullish sentiment at overbought territory. A further decline below the middle Bollinger band could lead to a more significant downward movement towards the lower band.
PENDLE/USD 4-hour chart
In the 4-hour chart for Pendle (PENDLE/USDT), the price is currently at $4.454, with a slight increase of 0.72%. The Balance of Power indicator is at 0.32, indicating mild buying pressure. The MACD shows a marginal bullish crossover, with the MACD line at 0.003 and the signal line at -0.055, but the histogram is flat, suggesting a lack of strong momentum. The price seems to be consolidating after recent volatility, with resistance around $4.480 and support near $4.381. The market appears indecisive, awaiting a stronger push to confirm a trend direction.
Pendle technical indicators: Levels and action
Daily simple moving average (SMA)
| Period | Value ($) | Action |
| SMA 3 | $ 4.25 | BUY |
| SMA 5 | $ 4.47 | SELL |
| SMA 10 | $ 4.53 | SELL |
| SMA 21 | $ 4.35 | BUY |
| SMA 50 | $ 3.95 | BUY |
| SMA 100 | $ 3.55 | BUY |
| SMA 200 | $ 4.42 | SELL |
Daily exponential moving average (EMA)
| Period | Value ($) | Action |
| EMA 3 | $ 4.44 | SELL |
| EMA 5 | $ 4.36 | BUY |
| EMA 10 | $ 4.23 | BUY |
| EMA 21 | $ 4.08 | BUY |
| EMA 50 | $ 3.84 | BUY |
| EMA 100 | $ 3.82 | BUY |
| EMA 200 | $ 3.79 | BUY |
What can you expect from PENDLE price analysis next
Based on both the 1-day and 4-hour charts, Pendle (PENDLE/USDT) is exhibiting signs of consolidation. In the 1-day chart, the RSI is hovering around 61.13, signaling mild bullishness at overbought territory, with potential resistance near $5.154 and support at $4.416. The Bollinger Bands are tightening, indicating decreasing volatility. The 4-hour chart shows a MACD with a slight bullish crossover, but the momentum remains weak. The Balance of Power at 0.32 suggests limited buying strength. Overall, the price may remain range-bound, with a potential retest of the support or a slight bullish push.
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 prediction | Potential Low | Average Price | Potential High |
|---|---|---|---|
| Pendle 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 Prediction | Potential Low | Average Price | Potential High |
|---|---|---|---|
| Pendle price prediction 2024 | $3.39 | $7.76 | $8.37 |
Pendle price prediction 2025-2030
| Year | Minimum price | Average price | Maximum price |
|---|---|---|---|
| 2025 | $8.20 | $9.48 | $9.64 |
| 2026 | $11.22 | $13.38 | $13.75 |
| 2027 | $14.62 | $16.04 | $17.52 |
| 2028 | $14.62 | $16.04 | $17.52 |
| 2029 | $18.07 | $20.18 | $20.94 |
| 2030 | $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
| Firm | 2024 | 2025 |
|---|---|---|
| Coincodex | $10.21 | $18.11 |
| Changelly | $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.
