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Market Cap
$ 758,126,063
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Total Volume
$ 81,654,416
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24 Hour
-2.26%
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7 Day
-19.49%
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Pendle Price Prediction: 2024, 2025, 2030

Pendle price prediction, PENDLE’s price has dumped by -2.26% in the last 24 hours.
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Pendle
Price Prediction
Pendle, PENDLE could hit $263.58 in 2024
Pendle’s price prediction for the most bearish scenario will value PENDLE at $3.96 in 2024.
Pendle’s previous All Time High was on 11 April 2024 where PENDLE was priced at $7.50.

Pendle’s price at the same time last week was $6.06. It has moved by -19.49 % in the past week and is currently at $4.95. Infact, in the past 24 hours, PENDLE has dumped by -2.26 %. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and PENDLE could hit $10.72 in 2025.

The total circulating supply of Pendle as of writing this article was $154370028.47 and the marketcap of PENDLE remains at $758,126,063

Disclaimer

For some coins with little to no data points and inexistent historical data the model by default will show a positive price prediction. There is no way for our AI bot to decipher whitepaper, tokenomics and team integrity. The coin's price that you are about to see below can fall drastically depending on many factors, so please invest wisely after checking the team and project's whitepaper. This current price prediction is done by a machine crunching numbers and the model is still in the early beta stages. It should strictly not be taken as an investment advice. Although the best engineers are currently tweaking and updating the algorithm, no human has verified the price predicted below, so please use your discretion and make a decision wisely.

PENDLE price prediction: Key highlights

 

1. Primary support and resistance levels

  • Within the daily time frame, a support level of $4.2 was established as the lowest floor.
  • Conversely, $7.0 proved to be the highest resistance level.

2. Market sentiment

  • PENDLE is seen to be in a bullish market in May 2024.

3. Predictive forecasts

  • According to our AI/ML predictive algorithms, the average price of PENDLE is projected to reach over $200 in 2028 and $3,500 in 2032.

Discover PENDLE’s future prospects via a comprehensive daily technical analysis, followed by the coming days of the month, upcoming months, and yearly forecast tables derived from our AI/ML-based predictive models:

 

PENDLE technical analysis: ATH on the cards soon?

 

Amid the burgeoning traction in decentralized finance (DeFi) and the Ethereum (ETH) restaking boom, PENDLE has emerged as a focal point within the cryptocurrency community. A meticulous examination of the daily chart for the asset provides a deep dive into its recent price activities, laying a crucial groundwork for the Pendle price prediction for 2024. 
 

The initial period was characterized by palpable buying pressure, which saw the asset test the peak $7.0 resistance. After stabilizing at $6.4, the token achieved a new all-time high (ATH) of $7.5 on April 11. AMBCrypto noted that the asset witnessed triple-digit growth. Additionally, all of the holders remained in profit. However, this also flashed sell-off warning signs.

 

Data from Lookonchain pointed to one such whale—HashKey. According to the tweet, HashKey transferred 500,000 PENDLE, valued at $3.54 million, to Binance. Historically, this whale has been known to purchase PENDLE at lower prices and sell it during price surges.
 

Despite the massive growth, the bulls couldn't overcome the high resistance level. They struggled to stand afoot on $6.4, causing it to be breached frequently. To prevent a further downturn, the bulls tried their best to hold $5.8 as the next cushion. While they did succeed briefly, it wasn’t sustained.
 

Their struggles amplified closer to late April as the price tumbled below this level as well. Continued drops led the token to shed much of its gains as the trend turned bearish. This could be linked to the criticism surrounding the EigenLayer airdrop, which affected market sentiment and led to heightened volatility. 

 

Consequently, Spot On Chain highlighted that HashKey withdrew 178,126 PENDLE, valued at $771,000, from Binance at a price of $4.3, increasing their total holdings to 624,804 PENDLE, worth $2.71 million

 

As the month ended, PENDLE found itself on the lowest floor within the analyzed time frame at $4.2. The following month, the bulls rallied again. Nevertheless, it faced considerable pushback at $5.0. The rejection triggered a decline so pronounced that it even compromised the lowest support.

 

The waves finally shifted in the favor of bulls in mid-month. PENDLE trended upwards and managed to reclaim all its lost gains, flying past previous resistances. After a brief struggle at $6.4, the northbound journey continued to target the peak barrier. At the time of this analysis, the DeFi token was trading at $6.9.

 

In recent months, the Pendle ecosystem has faced a significant increase in thefts, with over $10 million worth of Pendle yield tokens stolen due to security breaches. The latest incident in this troubling series involved a victim losing $5.62 million worth of Pendle yield tokens.
 

Despite this, the token has shown remarkable resilience as it continues to appreciate in value. If the bulls manage to continue this rally, PENDLE can reclaim its ATH, setting the stage for more highs. Sustained momentum above the current peak resistance can elevate the price as high as $10 by 2024.

  

An increase in selling sentiment can put the current support at high risk. The market’s downside potential might even lead the price to fall as low as $5.8, with the bearish possibility of revisiting $5.0.
 

Our predictive models foresee a robust long-term growth outlook for PENDLE. By 2028, the average price is expected to surpass $200. This upward trajectory is anticipated to continue, leading to an even more substantial increase by 2032, when the average price is forecasted to reach around $3,500.

 

PENDLE's 2024 roadmap: Key indicators to watch and trade

  • The trading volume reflected the price movements as it dropped along with the price. Notably, as the price fell to its lowest floor, it triggered an uptick in volume. 
  • Following this, intermittent spikes were observed with recovering prices, yet it wasn’t as substantial. This hinted at investor caution.
  • The Awesome Oscillator (AO)’s positive values continued to rise until the second week of April when the indicator reversed its trajectory. It eventually dropped below zero towards the close of April. 
  • In late May, the indicator turned bullish again, with the momentum intensifying with every day. At press time, the AO stood at 1.434
  • The Bollinger Bands contracted briefly as the price fell below the 20-day Moving Average (MA) towards mid-April, albeit with a brief surge above it later in the month. 
  • As the month ended, the price crossed below the lower band, triggering an expansion of the bands. Finally, in mid-May, the price not only climbed above the 20 MA but also frequently breached the upper band
  • By the end of the analysis, the price candles remained below the upper band, but their dominance over the 20 MA was maintained. This indicated that the asset was experiencing continued buying pressure.
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Pendle Price Prediction

Pendle has had an eventful 2023. To simplify the latest PENDLE price prediction, we have divided up the prediction by short term Pendle price prediction and long term Pendle price prediction. As of writing this article, PENDLE had a trading volume of 81,654,416. Pendle has gone up by 22.50% in the past 30 days.

According to our analysis in the short term, Pendle price prediction for August 2024 shows the average price of PENDLE at 218.98 and the highest possible price for August 2024 would be $234.31.

Further, according to our analysis in the long term, Pendle price prediction for December 2024 shows the average price of PENDLE at 219.65 and the highest possible price for December 2024 would be $235.03.

Pendle's Short Term Price Prediction

DateAvg PriceLowest PriceHighest Price
13 June 2024$6.36$5.92$6.81
14 June 2024$6.26$5.83$6.70
15 June 2024$6.27$5.83$6.71
16 June 2024$6.44$5.99$6.89
21 June 2024$9.21$8.56$9.85
26 June 2024$17.35$16.14$18.57
6 July 2024$25.50$23.71$27.28
August 2024$218.98$203.65$234.31
September 2024$219.15$203.81$234.49
October 2024$219.32$203.96$234.67
November 2024$219.48$204.12$234.85
December 2024$219.65$204.28$235.03

Pendle price prediction 13 June 2024: Pendle's price for 13 June 2024 according to our analysis should range between $5.92 to $6.81 and the average price of PENDLE should be around $6.36.

Pendle price prediction 14 June 2024: Pendle's price for 14 June 2024 according to our analysis should range between $5.83 to $6.70 and the average price of PENDLE should be around $6.26.

Pendle price prediction 15 June 2024: Pendle's price for 15 June 2024 according to our analysis should range between $5.83 to $6.71 and the average price of PENDLE should be around $6.27.

Pendle price prediction 16 June 2024: Pendle's price for 16 June 2024 according to our analysis should range between $5.99 to $6.89 and the average price of PENDLE should be around $6.44.

Pendle price prediction 21 June 2024: Pendle's price for 21 June 2024 according to our analysis should range between $8.56 to $9.85 and the average price of PENDLE should be around $9.21.

Pendle price prediction 26 June 2024: Pendle's price for 26 June 2024 according to our analysis should range between $16.14 to $18.57 and the average price of PENDLE should be around $17.35.

Pendle price prediction 6 July 2024: Pendle's price for 6 July 2024 according to our analysis should range between $23.71 to $27.28 and the average price of PENDLE should be around $25.50.

Pendle price prediction August 2024: Pendle's price for August 2024 according to our analysis should range between $203.65 to $234.31 and the average price of PENDLE should be around $218.98.

Pendle price prediction September 2024: Pendle's price for September 2024 according to our analysis should range between $203.81 to $234.49 and the average price of PENDLE should be around $219.15.

Pendle price prediction October 2024: Pendle's price for October 2024 according to our analysis should range between $203.96 to $234.67 and the average price of PENDLE should be around $219.32.

Pendle price prediction November 2024: Pendle's price for November 2024 according to our analysis should range between $204.12 to $234.85 and the average price of PENDLE should be around $219.48.

Pendle price prediction December 2024: Pendle's price for December 2024 according to our analysis should range between $204.28 to $235.03 and the average price of PENDLE should be around $219.65.

Pendle's Long Term Price Prediction

Pendle’s long term Price Prediction below is a look at PENDLE’s future prospect with regards to price. Pendle was last seen at $4.95, with a market cap of $758,126,063 and trading volumes of $81,654,416. PENDLE’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.

YearsAvg PriceLowest PriceHighest Price
2024$219.65$175.72$263.58
2025$8.93$7.14$10.72
2026$11.52$9.22$13.82
2027$14.86$11.89$17.83
2028$19.17$15.34$23.01
2029$24.73$19.79$29.68
2030$31.90$25.52$38.28
2031$41.16$32.92$49.39
2032$53.09$42.47$63.71
2033$68.49$54.79$82.18
2035$113.97$91.18$136.76

Pendle price prediction 2024: Pendle's price for 2024 according to our analysis should range between $175.72 to $263.58 and the average price of PENDLE should be around $219.65.

Pendle price prediction 2025: Pendle's price for 2025 according to our analysis should range between $7.14 to $10.72 and the average price of PENDLE should be around $8.93.

Pendle price prediction 2026: Pendle's price for 2026 according to our analysis should range between $9.22 to $13.82 and the average price of PENDLE should be around $11.52.

Pendle price prediction 2027: Pendle's price for 2027 according to our analysis should range between $11.89 to $17.83 and the average price of PENDLE should be around $14.86.

Pendle price prediction 2028: Pendle's price for 2028 according to our analysis should range between $15.34 to $23.01 and the average price of PENDLE should be around $19.17.

Pendle price prediction 2029: Pendle's price for 2029 according to our analysis should range between $19.79 to $29.68 and the average price of PENDLE should be around $24.73.

Pendle price prediction 2030: Pendle's price for 2030 according to our analysis should range between $25.52 to $38.28 and the average price of PENDLE should be around $31.90.

Pendle price prediction 2031: Pendle's price for 2031 according to our analysis should range between $32.92 to $49.39 and the average price of PENDLE should be around $41.16.

Pendle price prediction 2032: Pendle's price for 2032 according to our analysis should range between $42.47 to $63.71 and the average price of PENDLE should be around $53.09.

Pendle price prediction 2033: Pendle's price for 2033 according to our analysis should range between $54.79 to $82.18 and the average price of PENDLE should be around $68.49.

Pendle price prediction 2035: Pendle's price for 2035 according to our analysis should range between $91.18 to $136.76 and the average price of PENDLE should be around $113.97.

A Historical look at Pendle, PENDLE’s price

PENDLE/USD Pair

PENDLE
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USD
11 June 2021
0.75
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PENDLE
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USD
11 June 2022
0.046
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6.1
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PENDLE
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USD
11 June 2023
0.52
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1134.3
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PENDLE
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USD
12 June 2024
4.95
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944.05
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PENDLE/Euro Pair

PENDLE
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EUR
11 June 2021
0.62
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PENDLE
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EUR
11 June 2022
0.043
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7.06
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PENDLE
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EUR
11 June 2023
0.48
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1109.6
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PENDLE
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EUR
12 June 2024
4.61
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945.45
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FAQs about Pendle

What is the price of Pendle as of today 12 June 2024?

Pendle’s current price is $4.95 and witnessed a -2.26% decrease in the past 24 hours. PENDLE/BTC pair saw a -2.16% decrease in the past 24 hours

Is PENDLE a good investment?

Investing in Pendle, PENDLE will purely depend on your personal risk appetite. As you can see over the past 24 hours Pendle’s price has witnessed a -2.26% decrease and over the past 30 days Pendle has increase by 22.50%. So it all depends on if this investment will hit your trading goals.

How high can Pendle’s price go this year in 2024?

According to our latest Pendle Price prediction for 2024, PENDLE should vary between $263.58 and $175.72. Please keep in mind that the crypto market is very volatile and this Pendle price prediction does not account for extreme wild swings in price.

How much will the Pendle be worth in 2024 ?

As per the Pendle price prediction 2024 model above, PENDLE’s price for June 2024 should range between $175.72 to $263.58 with the average price for June being $219.65

How much will Pendle be worth in 2025?

According to the Pendle Price Prediction model above, PENDLE’s price in 2025 would be $8.93. This price would however would range from $10.72 and $7.14.

How much will Pendle be worth in 2026?

According to the Pendle Price Prediction model above, PENDLE’s price in 2026 would be $11.52. This price would however would range from $13.82 and $9.22.

How much will Pendle be worth in 2027?

According to the Pendle Price Prediction model above, PENDLE’s price in 2027 would be $14.86. This price would however would range from $17.83 and $11.89.

How much will Pendle be worth in 2028?

According to the Pendle Price Prediction model above, PENDLE’s price in 2028 would be $19.17. This price would however would range from $23.01 and $15.34.

How much will Pendle be worth in 2029?

According to the Pendle Price Prediction model above, PENDLE’s price in 2029 would be $24.73. This price would however would range from $29.68 and $19.79.

How much will Pendle be worth in 2030?

According to the Pendle Price Prediction model above, PENDLE’s price in 2030 would be $31.90. This price would however would range from $38.28 and $25.52.

How much will Pendle be worth in 2031?

According to the Pendle Price Prediction model above, PENDLE’s price in 2031 would be $41.16. This price would however would range from $49.39 and $32.92.

How much will Pendle be worth in 2032?

According to the Pendle Price Prediction model above, PENDLE’s price in 2032 would be $53.09. This price would however would range from $63.71 and $42.47.

How much will Pendle be worth in 2033?

According to the Pendle Price Prediction model above, PENDLE’s price in 2033 would be $68.49. This price would however would range from $82.18 and $54.79.

How much will Pendle be worth in 2035?

According to the Pendle Price Prediction model above, PENDLE’s price in 2035 would be $113.97. This price would however would range from $136.76 and $91.18.

What was the highest price of Pendle?

The highest price for Pendle was recorded in 11 April 2024 during which PENDLE hit an All Time High of $7.50

What is the price of 1 Pendle?

The price of 1 Pendle according to current market rate is $4.95