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Siacoin (SC) Price Prediction And Analysis In May 2020

16 May 2020

By looking at the historical price trends of SIA and several market opinions, we will try to present a Siacoin price prediction for May 2020.

Siacoin Overview

Siacoin-SC-iconSiacoin is a blockchain project developed for cloud storage that was launched back in June 2015. SIA/SC token powers the platform and enables users to transact, store, host, and rent data storage.

Today, Siacoin (SC) is trading at a price of $0.002062, with a decrease of -3.20% in the last 24 hours. The crypto holds the 69th rank according to a market cap of $86,233,154, with a circulating supply of 41,817,047,634 SC. There has been $1,238,702 worth of SC coins traded in the last 24-hour period.

Siacoin Price Prediction: Analysis

Siacoin had been struggling up until April 24th to break the $0.0014 resistance level, but then, the coin suddenly skyrocketed on April 26th, reaching $0.0018.

Siacoin (SC) Price News


The next day, Sia corrected itself to $0.0017, but briefly reached a new resistance level of $0.0019 before falling back down to $0.017. The coin continued trading the next day between $0.0016 and $0.0017, but then, started a bullish rally again on April 29th, touching $0.002.

On the last day of April, Siacoin surged to an intraday high of $0,002471 and closed the day over $0.0021.

Siacoin (SC) Price News

Sia debuted may at a price of $0,002122, and rallied to $0,002345, but closed the day at $0.0022 levels. For the first week, Sia traded mostly between $0.0020 and $0.0022, with minor brushes with the $0.0023 and $0.0024 resistance levels.

On May 10th, Sia dropped like the rest of the market and fell from a price of $0.0022 to $0,001869, closing at $0,001941. On May 11th, Siacoin traded all day below the $0.002 mark, signaling a bearish momentum with a closing value of $0,001841.

The resistance, pivot, and support levels calculated by WalletInvestor are:

  • Resistance Level (R3): 0.002063
  • Resistance Level (R2): 0.002013
  • Resistance Level (R1): 0.00193
  • Pivot Point: 0.00188
  • Support Level (S1): 0.00179
  • Support Level (S2): 0.00174
  • Support Level (S3): 0.00166


There have been no recent developments or partnerships in the past month involving Siacoin’s project that has been made officially public.

Siacoin Price Prediction: Market Opinion for May 2020

As there are many crypto forecasting platforms that have calculated the prices for their Siacoin price prediction for May 2020, we will include a few of these forecasts to better reflect the market sentiment for Sia.


Digitalcoinprice expects Siacoin to trade in May at a price of $0.00333301, which would mean a change of 75.82%.


Altcoinforecast predicted that Sia would close May at a price of $0.0014.


Gov.capital anticipated that Siacoin will have a closing price of $0.00318 for May, with a minimum possible value of around $0.00314 and a maximum value of $0.00321.


Coinpredictor expects Siacoin to increase in the next seven days with +1.3%, which would place the coin around $0.002055.


Bitverzo’s Siacoin price prediction for May was that the coin would be trading at an average price of $0.003014, with a minimum of $ -0.005440 and a maximum of $0.010552.

Friday, May 15, 20200.002476-0.0047310.009734
Saturday, May 16, 20200.002515-0.0046760.010177
Sunday, May 17, 20200.002382-0.0048750.010675
Monday, May 18, 20200.002074-0.0058270.010015
Tuesday, May 19, 20200.001832-0.0057500.008920
Wednesday, May 20, 20200.001765-0.0058030.009829
Thursday, May 21, 20200.001738-0.0050270.009530
Friday, May 22, 20200.001798-0.0056970.009880
Saturday, May 23, 20200.001993-0.0053700.009868
Sunday, May 24, 20200.002034-0.0060830.009420
Monday, May 25, 20200.001913-0.0055460.009793
Tuesday, May 26, 20200.001866-0.0056950.009643
Wednesday, May 27, 20200.002000-0.0056280.009349
Thursday, May 28, 20200.002172-0.0056240.009492
Friday, May 29, 20200.002426-0.0054950.009985
Saturday, May 30, 20200.002804-0.0044050.010358
Sunday, May 31, 20200.003014-0.0054400.010552


WalletInvestor made an SIA price prediction for every day of the next 10 days of May, along with their possible minimum and maximum values.

DatePriceMin PriceMax Price
2020-05-16 0.00215 0.00185 0.00243
2020-05-17 0.00211 0.00184 0.00238
2020-05-18 0.00211 0.00184 0.00239
2020-05-19 0.00211 0.00183 0.00238
2020-05-20 0.00222 0.00196 0.00251
2020-05-21 0.00232 0.002044 0.00260
2020-05-22 0.00232 0.002052 0.00261
2020-05-23 0.00237 0.002095 0.00263
2020-05-24 0.00232 0.002063 0.00261
2020-05-25 0.00232 0.002023 0.00259


Cryptoground projected that, in one day, Siacoin will be changing hands at $0.0020, with a change of 5.71%, and the site also estimated that, next week, the coin will still be around $0.0020, with a rise of 3.26%.


Cryptorating’s prediction for the next day of May is that Siacoin will trade at $0.001735, losing -9.21%, and they also projected that SC, in one week, will be around $0.002529, marking a rise of 32.34%.

Siacoin Price Prediction: Verdict

This has been our Siacoin price prediction for May 2020. From what we can see, the opinions are divided when it comes to Sia’s price development for this month, but we expect the coin to continue trading between the $0.0017- $0.0020 range.

Source From : Coindoo News

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