Key takeaways
The Chia token was released on 17 March 2021 by Chia Network Inc., owned by Bram Cohen, a computer programmer and founder of BitTorrent. The Chia crypto is represented as XCH and runs on the Chia Network, a public and open-source blockchain with a personalized programming language known as Charlisp.
Based in Delaware, Chia Network Inc. launched the beta version of its blockchain in 2019. After two years of successful testing, the mainnet became public in March 2021. A few months later, transaction features were enabled, and the Chia Network became fully functional.
The Chia blockchain is currently hosted on about 400,000 computers, with the Chia coin (XCH) listed for trading on several exchanges, including Gate.io, Uniswap(V2), KuCoin, OKEx, and Huobi.
Cryptocurrency | Chia Coin |
Token | XCH |
Price | $20.80 |
Market Cap | $290.36M |
Trading Volume | $6.74M |
Circulating Supply | 13.95M XCH |
All-time High | $1,934.51, May 03, 2021 |
All-time Low | $17.30, Jul 05, 2024 |
24-hour High | $22.95 |
24-hour Low | $20.87 |
Metric | Value |
Price Prediction | $70.19 (224.23%) |
Volatility | 8.24% |
50-Day SMA | $24.71 |
14-Day RSI | 48.48 |
Sentiment | Bearish |
Fear & Greed Index | 61( Greed) |
Green Days | 12/30 (40%) |
200-Day SMA | $19.57 |
TL;DR Breakdown
The price of Chia (XCH) on 14th January experienced a noticeable decline in the observed timeframe, dropping from approximately $22.65 to $20.63. This downward trend signifies bearish market sentiment as the asset struggles to find strong support levels.
The price movement shows consistent selling pressure, with minimal upward retracements, indicating weak buyer interest. The sharp drop around the midpoint reflects either significant market sell-offs or external events impacting the token’s valuation. However, a slight recovery near the end suggests some buyers are entering the market, providing temporary support near the $20 level.
The daily chart for Chia (XCH) shows a consistent bearish trend. The price has dropped to $20.58, reflecting a 7.30% decline for the day. After reaching highs near $28, the price has experienced significant selling pressure, leading to lower highs and lower lows. The overall sentiment remains negative, with trading volume reflecting substantial bearish activity as sellers dominate the market.
The RSI (Relative Strength Index) is currently at 44.28, indicating that the market is edging closer to oversold conditions. The MACD (Moving Average Convergence Divergence) indicator shows a bearish crossover, with the MACD line (-0.50) below the signal line (-0.07) and a widening negative histogram. These indicators reinforce the bearish sentiment, suggesting further downside momentum unless a strong reversal occurs.
The hourly chart for Chia (XCH) indicates a period of price fluctuation within a narrow range. The current price is trading around $20.57, showcasing mild bearish sentiment after attempting to recover from a recent drop. The resistance is near $22.76, and the support is around $20, which appears to influence the price movement. The market sentiment remains cautious, with minimal momentum for a breakout upwards or downward.
The RSI (Relative Strength Index) is currently at 45.28, indicating weak buying pressure and that the asset is leaning toward being oversold. The MACD (Moving Average Convergence Divergence) line is below the signal line with negative histogram bars, highlighting ongoing bearish momentum. Both indicators point to a lack of bullish recovery in the short term, with sellers maintaining slight dominance.
Period | Value | Action |
SMA 3 | $ 24.83 | SELL |
SMA 5 | $ 24.21 | SELL |
SMA 10 | $ 23.48 | SELL |
SMA 21 | $ 23.00 | SELL |
SMA 50 | $ 24.71 | SELL |
SMA 100 | $ 19.84 | BUY |
SMA 200 | $19.57 | BUY |
Period | Value | Action |
EMA 3 | $ 19.84 | SELL |
EMA 5 | $ 23.66 | SELL |
EMA 10 | $ 24.92 | SELL |
EMA 21 | $ 25.50 | SELL |
EMA 50 | $ 23.03 | SELL |
EMA 100 | $ 20.67 | SELL |
EMA 200 | $ 21.12 | SELL |
The overall price analysis of Chia (XCH) across the daily and 4-hour charts indicates a continuation of bearish momentum, with the token struggling to regain bullish strength. On the 1-day chart, XCH has faced consistent selling pressure, leading to a downward trend with support levels tested near $20. Indicators such as the RSI and MACD on both the daily and 4-hour charts highlight weakened buying momentum, with the RSI hovering in the bearish zone and the MACD showing bearish crossovers. While minor recoveries are evident on shorter timeframes, such as the 4-hour chart, they lack the volume and strength needed to reverse the overall trend. The market sentiment remains cautious, and further downside is possible unless a strong bullish catalyst emerges to drive the price upward.
Based on the current bearish trend, heightened volatility, and strong selling pressure indicated by technical indicators like the RSI and moving averages, Chia Coin (XCH) may not be considered a favorable investment at this time. Investors should exercise caution due to the uncertain market direction and potential for further price declines in the near term.
Chia (XCH) is currently down due to a combination of technical and market-related factors. Technically, the daily and 4-hour charts show consistent bearish pressure, with indicators like the RSI and MACD reflecting weakened buying momentum. The RSI is in the lower zone, indicating overselling, while the MACD shows bearish crossovers, signaling negative momentum. Additionally, the market has failed to sustain critical support levels, leading to further downward movement.
The recovery of Chia XCH depends on reversing the current bearish sentiment and stabilizing market conditions. Watch for signs of decreased selling pressure, potential positive catalysts, and a shift in technical indicators indicating oversold conditions, which could signal a potential recovery in future price movements.
XCH could reach up to $25 soon. Analysts suggest this could happen as early as 2025.
The forecast for 2027 anticipates a peak price of $71.42, indicating that XCH could potentially surpass the $100 mark during that year, assuming the bullish momentum and positive market conditions persist.
By 2031, the prediction suggests a maximum price of $293.70 for XCH, indicating a potential for the cryptocurrency to exceed the $200 mark. However, this would depend on sustained growth, market dynamics, and broader adoption factors.
The long-term price predictions from 2025 to 2031 indicate a generally positive outlook for Chia Coin, with projected growth in average and maximum prices over the years. This suggests the potential for XCH to establish itself as a valuable asset in the cryptocurrency market, subject to market developments and adoption trends.
The Chia price forecast for January 2025 anticipates a range between $20.00 and $22.74, with an average price of around $22.11.
XCH price prediction | Minimum Price | Average Price | Maximum Price |
XCH price prediction January 2025 | $20.00 | $22.11 | $22.74 |
The Chia price prediction for 2025 ranges between $28.58 and $35.38, with an average projected price of approximately $29.43.
XCH Price Prediction | Minimum Price | Average Price | Maximum Price |
XCH Price Prediction 2025 | $28.58 | $29.43 | $35.38 |
Year | Minimum | Average | Maximum |
2026 | $40.46 | $41.93 | $49.28 |
2027 | $57.07 | $59.16 | $71.42 |
2028 | $81.95 | $84.31 | $99.00 |
2029 | $120.68 | $124.90 | $143.87 |
2030 | $171.77 | $178.01 | $205.83 |
2031 | $237.49 | $246.39 | $293.70 |
The Chia coin price prediction for 2026, suggests a notable inclination for the cryptocurrency, with its maximum price expected to reach $49.28. The minimum price of XCH could be around $40.46, with an average price of $41.93.
In 2027, Chia Coin price prediction is projected to experience significant growth. The maximum forecasted price is $71.42, with an average price expected to reach $59.16 and a minimum of $57.07.
In the Chia Coin price forecast for 2028, we foresee the cryptocurrency potentially reaching a peak of $99.00. The average price is projected to stabilize around $84.31, with a minimum expected at $81.95.
For 2029, the Chia Coin price prediction suggests a peak value of $143.87. The minimum trading price is expected to be $120.68, providing a potential support level. The average market value is projected to be around $124.90.
According to the Chia Coin price prediction for 2030, the cryptocurrency is anticipated to potentially achieve a peak price of $205.83. The projected minimum price is expected to be $171.77, with an average trading price of around $178.01.
According to the Chia Coin price prediction for 2031, we foresee the cryptocurrency potentially reaching a maximum price of $293.70. The projected minimum price is expected to be $237.49, with an average value of around $246.39.
Firm Name | 2025 | 2026 |
Changelly | $26.41 | $41.44 |
Gate.io | $20.50 | $23.32 |
SwapSpace | $5.76 | $29.98 |
Per Cryptopolitan’s Chia Coin price predictions for 2025, XCH is expected to range between $14.00 and $25.82, averaging around $19.11. By 2031, XCH might reach a peak price of $250.45, underlining a positive long-term perspective.