Rocket Pool (RPL) Price Predictions and Analysis
Key Takeaways
Rocket Pool (RPL) price predictions for 2024 suggest it could reach up to $23.26, while by 2027, it might rise to $48.76. By 2030, RPL is expected to fluctuate between $71.61 and $79.31. Unlike traditional staking services, Rocket Pool allows users to pool their Ethereum (ETH) to run validator nodes on the Ethereum network.
“This enables participants to engage in staking without needing the full 32 ETH required to operate a validator node.”
Rocket Pool also introduces “rETH” tokens, which are 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. Overall, Rocket Pool aims to democratize Ethereum staking and contribute to the decentralization of the Ethereum network by offering 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 | $9.40 |
| Market Cap | $194,559,752 |
| Trading Volume | $5,412,216 |
| Circulating Supply | 20,706,749 RPL |
| All-time High Date | $154.73 on Nov 15, 2021 |
| All-time Low Date | $0.09118 on May 17, 2019 |
| 24-hour High | $10.31 |
| 24-hour Low | $9.44 |
Rocket Pool technical analysis
| Metric | Value |
| Price Prediction | $ 46.73 (380.20%) |
| Volatility | 10.95% |
| 50-day SMA | $ 12.05 |
| 14-Day RSI | 41.52 |
| Sentiment | Bearish |
| Fear & Greed Index | 39 (Fear) |
| Green Days | 12/30 (40%) |
| 200-Day SMA | $ 21.30 |
Rocket Pool price analysis
Rocket Pool price analysis 1-day chart
RPL/USD 4-hour price chart analysis
Key Sentence: The daily and 4-hour charts indicate a bearish outlook for Rocket Pool (RPL/USD), with the price nearing critical support levels and a potential for further declines.
- 1-Day Chart Analysis: As of September 16, the 1-day chart for Rocket Pool (RPL/USD) shows the current price at approximately $9.38, reflecting a bearish trend as it approaches the lower Bollinger Band at $8.82. The 20 SMA (Simple Moving Average) at $10.52 acts as resistance, with the upper band at $12.23. The Relative Strength Index (RSI) at 40.74, below 50, suggests that selling pressure dominates, but it is not yet oversold. Given the decreasing momentum and proximity to support levels, a potential breakdown could drive prices lower if buying interest does not materialize.
- 4-Hour Chart Analysis: On the 4-hour chart for Rocket Pool (RPL/USD), the price is currently $9.38, showing a bearish movement with potential continuation. The Balance of Power (BoP) indicator at -0.78 suggests strong selling pressure. The Moving Average Convergence Divergence (MACD) shows a bearish crossover, with the MACD line at -0.20 and the signal line at -0.11, confirming a downward trend. The histogram is negative, indicating further downward momentum. With both indicators aligning negatively, the trend remains bearish, and further declines towards lower support levels could be anticipated unless buying momentum reverses the trend.
RPL technical indicators: Levels and action
Daily simple moving average (SMA)
| Period | Value ($) | Action |
| SMA 3 | $ 10.33 | SELL |
| SMA 5 | $ 10.01 | SELL |
| SMA 10 | $ 10.44 | SELL |
| SMA 21 | $ 11.09 | SELL |
| SMA 50 | $ 12.05 | SELL |
| SMA 100 | $ 15.81 | SELL |
| SMA 200 | $ 21.30 | SELL |
Daily exponential moving average (EMA)
| Period | Value ($) | Action |
| EMA 3 | $ 10.90 | SELL |
| EMA 5 | $ 11.06 | SELL |
| EMA 10 | $ 11.28 | SELL |
| EMA 21 | $ 12.06 | SELL |
| EMA 50 | $ 14.37 | SELL |
| EMA 100 | $ 17.29 | SELL |
| EMA 200 | $ 20.91 | SELL |
What Can You Expect from RPL Price Analysis Next?
Based on the daily and 4-hour charts for Rocket Pool (RPL/USD), the outlook remains bearish. The daily chart shows the price close to the lower Bollinger Band, with an RSI of 40.74, suggesting moderate bearish momentum. The 4-hour chart confirms this with a negative Balance of Power (-0.78) and a bearish MACD crossover, indicating strong selling pressure. If the price breaks below the current support around $9.38, we could see a continuation of the downtrend towards lower support levels. A consolidation or slight recovery is possible, but the prevailing indicators favor further downside in the near term.
Is Rocket Pool a Good Investment?
Rocket Pool represents a significant investment opportunity for those interested in decentralized Ethereum staking. It simplifies entry by reducing infrastructure requirements for node operators. As a pioneering decentralized staking protocol, Rocket Pool benefits from its established position within the Ethereum ecosystem. The utility and demand for the RPL token are driven by its critical role in providing collateral for node operators, which is essential for maintaining the integrity and reliability of the service.
Nonetheless, prospective investors should carefully evaluate the competitive landscape, regulatory developments, and technological challenges that could impact its future growth. Active development and a strong community are positive signs, but, as with any cryptocurrency investment, it involves risks that require diligent research and consideration of personal financial circumstances.
Based on the daily and 4-hour charts for Rocket Pool (RPL/USD), the outlook remains bearish. The daily chart shows the price close to the lower Bollinger Band, with an RSI of 40.74, suggesting moderate bearish momentum. The 4-hour chart confirms this with a negative Balance of Power (-0.78) and a bearish MACD crossover, indicating strong selling pressure. If the price breaks below the current support around $9.38, we could see a continuation of the downtrend toward lower support levels. A consolidation or slight recovery is possible, but the prevailing indicators favor further downside in the near term.
Will RPL recover?
The current rocket pool price shows a downward trend. Recovery is uncertain without further positive market signals. Monitoring of price movements and market conditions is necessary to determine potential recovery.
Will Rocket Pool reach $50
RPL shows a significant downward trend, reaching $50, which seems unlikely in the near term. Substantial further data, positive market changes, and increased buying interest would be required for such a significant price increase.
Will Rocket Pool reach $100?
Rocket Pool (RPL)is in a downward trend, reaching $100, which appears highly improbable in the near term.
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 (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 September 2024
The price of Rocket Pool in September is predicted to reach a minimum value of $9.48. Traders can anticipate a maximum value of $23.26 and an average trading price of $22.13.
| Period | Minimum price | Average price | Maximum price |
| September 2024 | $9.48 | $22.13 | $23.26 |
Rocket Pool Price Prediction 2024
In 2024, RPL’s average forecast price could be about $23.31. Its minimum and maximum prices can be expected at $9.98 and $24.49, respectively.
| Period | Minimum price | Average price | Maximum price |
| RPL price prediction 2024 | $9.98 | $23.31 | $24.49 |
Rocket Pool price predictions 2025 – 2030
| Year | Minimum price | Average price | Maximum price |
| 2025 | $22.81 | $25.64 | $27.59 |
| 2026 | $31.29 | $36.88 | $37.55 |
| 2027 | $40.86 | $46.31 | $48.76 |
| 2028 | $40.86 | $46.31 | $48.76 |
| 2029 | $50.39 | $55.04 | $57.93 |
| 2030 | $71.61 | $77.28 | $79.31 |
Rocket Pool price prediction 2025
In 2025, RPL’s average price could be about $25.64. Its minimum and maximum prices can be expected at $22.81 and $27.59, respectively.
Rocket Pool price prediction 2026
The rocket pool price forecast for 2026 suggests a price range of $31.29 to $37.55 and an average RPL trading price of $36.88.
Rocket Pool (RPL) price prediction 2027
As per rocket pool’s price Prediction of 2027, the coin’s price could reach a maximum of $48.76and a minimum price of $40.86 with a year-round average of $46.31.
Rocket Pool price prediction 2028
The price of Rocket Pool is predicted to reach a minimum value of $40.86 in 2028. Traders can expect a maximum value of $48.76 and an average trading price of $46.31.
Rocket Pool price prediction 2029
In 2029, RPL’s average forecast price could be about $55.04. Its minimum and maximum prices can be expected at $50.39 and $57.93, respectively.
Rocket Pool (RPL) price prediction 2030
In 2030, the price of Rocket Pool is forecasted to be around a minimum value of $71.61, a maximum value of $79.31, and an average trading value of $77.28.
Rocket Pool market price prediction: Analysts’ RPL price forecast
| Firm Name | 2024 | 2025 |
| Coincodex | $49.59 | $66.09 |
| Changelly | $18.50 | $24.63 |
Cryptopolitan’s Rocket Pool price prediction
Cryptopolitan’s Rocket Pool (RPL) analysis suggests the minimum price of the rocket pool at $9.48, the average will be $22.13, and the maximum will be $23.26 in 2024. Looking ahead, our predictions for 2025 indicate more significant growth, with the token’s price ranging from $22.81 to $27.59.
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.
- 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.
