Since it first started trading in 2021, the price of CVX, the native cryptocurrency of the Convex Finance network, increased by 1.91%.
In this article, we are going to examine Convex Finance price predictions for 2023, 2024, 2025, and 2030 and try to determine whether Convex Finance can reach $ 100.00.
Convex Finance price prediction key takeaways
Convex Finance price prediction 2023
According to our Convex Finance price prediction for 2023, CVX is expected to trade between $ 2.62 and $ 3.53, with an average price of $ 3.12. At the end of the year, CVX is expected to trade at $ 3.40.
Convex Finance price prediction 2024
Convex Finance is forecasted to reach a high of $ 6.92 next year, with an average CVX price of $ 4.40. On the low end, Convex Finance is expected to bottom out at $ 2.62 in 2024. By the end of the year, we could see Convex Finance change hands at $ 6.33.
Convex Finance price prediction 2025
In 2025, Convex Finance could see a peak price of $ 23.60 and a low of $ 5.85. The average Convex Finance price prediction for 2025 is $ 14.04. By year’s end, CVX is expected to trade at $ 10.48.
Convex Finance price prediction 2030
On a longer time scale, our Convex Finance price forecast for 2030 projects CVX to reach a maximum price of $ 21.45. Conversely, CVX could trade as low as $ 16.95 during the year, whereas the average Convex Finance price is predicted to move around $ 18.76. By the end of 2030, Convex Finance is predicted to trade at $ 21.40.
Convex Finance (CVX) overview
| Cryptocurrency | Convex Finance |
|---|---|
| Ticker | CVX |
| Market Cap | $ 247.60M |
| 24H Trading Volume | $ 10.31M |
| Circulating Supply | 80.80M |
| Total Supply | 100.00M |
| 7-Day Price Change | 13.47% |
| 1-Month Price Change | 10.89% |
| 1-Year Change | -38.43% |
| Convex Finance ROI | 1.91% |
| All-Time High | $ 60.32 |
| All-Time Low | $ 1.94 |
With a circulating supply of 80.80M CVX, the Convex Finance cryptocurrency project commands a market cap of $ 247.60M, good for the 112th spot in the crypto market.
In the last 24 hours, $ 10.31M worth of CVX changed hands across 39 crypto exchanges, with Binance accounting for the largest share of CVX trading volume.
Convex Finance price history
The price of Convex Finance has been trending in the positive direction in the past 24 hours, increasing by 2.75% to $ 3.06. In the past week, Convex Finance’s price gained 13.47%.
In addition, Convex Finance gained 10.89% in the past month, having traded in the green zone in 14 of the last 30 days.
On a longer time horizon, Cardano saw negative price activity in the last 3 months, underscored by the 10.89% move to the bottom. Meanwhile, the price of CVX decreased by -38.43% in the past year. Overall, Convex Finance is trading up 1.91% since it first started trading in 2021.
Convex Finance technical analysis
Based on technical indicators tracked by InvestMage, investor sentiment regarding Convex Finance is currently bearish, with high volatility score of 6.33% (volatility is a measure of an asset’s price fluctuations).
Convex Finance is changing hands above the 200-day simple moving average (SMA), a common bearish signal. Also, the price of CVX is currently below the 50-day SMA, which is widely regarded as a bullish indicator.
The Fear & Greed Index, a popular measure of market sentiment, is 44 (Fear). Meanwhile, RSI (Relative Strength Index), a popular market momentum indicator, is at 63.28, indicating that CVX is changing hands in undervalued zone. Overall, there are 16 technical analysis indicators that indicate bullish market activity, and 13 that forecast bearish activity for Convex Finance.
Convex Finance price predictions 2023-2030
| Year | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| 2023 | $ 2.62 | $ 3.12 | $ 3.53 |
| 2024 | $ 2.62 | $ 4.40 | $ 6.92 |
| 2025 | $ 5.85 | $ 14.04 | $ 23.60 |
| 2026 | $ 6.51 | $ 8.12 | $ 10.79 |
| 2027 | $ 6.84 | $ 10.32 | $ 16.95 |
| 2028 | $ 14.75 | $ 15.17 | $ 16.66 |
| 2029 | $ 15.91 | $ 20.67 | $ 29.99 |
| 2030 | $ 16.95 | $ 18.76 | $ 21.45 |
According to our long-term Convex Finance prediction, the cryptocurrency is expected to reach a high point of $ 29.99 at some point in March 2029. On the other end of the spectrum, Convex Finance could bottom out at $ 2.62 in October 2023. Per the prediction, Convex Finance will have the highest average price of $ 20.67 in 2029.
With a brief overview of Convex Finance price predictions for 2023 to 2030 in the rearview mirror, let’s dive deeper into separate yearly price predictions for CVX.
Convex Finance price prediction 2023
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| October | $ 2.62 | $ 2.97 | $ 3.31 |
| November | $ 2.74 | $ 3.11 | $ 3.35 |
| December | $ 2.96 | $ 3.28 | $ 3.53 |
This year, Convex Finance is expected to trade in a price range between $ 2.62 and $ 3.53, with the average price of $ 3.12 per CVX coin. The price of CVX is expected to increase by 10.88% by the end of the year.
Convex Finance price prediction 2024
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| October | $ 2.62 | $ 2.99 | $ 3.31 |
| November | $ 2.74 | $ 3.09 | $ 3.35 |
| December | $ 2.96 | $ 3.24 | $ 3.46 |
| January | $ 3.31 | $ 3.61 | $ 3.88 |
| January | $ 3.76 | $ 4.81 | $ 6.92 |
| February | $ 4.06 | $ 5.05 | $ 5.97 |
| April | $ 4.64 | $ 5.11 | $ 5.72 |
| May | $ 4.08 | $ 4.65 | $ 5.48 |
| May | $ 3.80 | $ 4.53 | $ 5.08 |
| July | $ 4.31 | $ 4.94 | $ 5.65 |
| August | $ 4.53 | $ 5.18 | $ 5.75 |
| September | $ 4.55 | $ 5.55 | $ 6.48 |
In 2024, Convex Finance is forecasted to trade in a price channel between $ 2.62 and $ 6.92. On average, CVX is expected to change hands at $ 4.40 during the year. The most bullish month per CVX could be February, when the currency could trade 125.75% higher than today.
Convex Finance price prediction 2025
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| September | $ 5.85 | $ 9.26 | $ 15.35 |
| November | $ 13.83 | $ 19.35 | $ 23.60 |
| December | $ 14.36 | $ 17.46 | $ 20.43 |
| January | $ 15.00 | $ 17.75 | $ 19.10 |
| February | $ 12.25 | $ 14.20 | $ 15.33 |
| March | $ 10.90 | $ 12.75 | $ 14.70 |
| April | $ 10.41 | $ 11.38 | $ 12.33 |
| May | $ 10.99 | $ 12.39 | $ 15.01 |
| June | $ 13.51 | $ 14.25 | $ 15.07 |
| August | $ 13.73 | $ 14.42 | $ 14.94 |
| August | $ 11.62 | $ 13.02 | $ 13.86 |
| September | $ 10.48 | $ 11.78 | $ 12.40 |
Generally speaking, Convex Finance price prediction for 2025 is bullish. The CVX cryptocurrency is forecasted to hit a high point of $ 23.60 in November and reach a low of $ 5.85 in September. Overall, Convex Finance is expected to trade at an average price of $ 14.04 in 2025.
Convex Finance price prediction 2030
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| October | $ 19.17 | $ 19.53 | $ 19.78 |
| October | $ 19.38 | $ 20.23 | $ 21.00 |
| December | $ 19.32 | $ 19.73 | $ 20.27 |
| January | $ 19.44 | $ 19.62 | $ 19.77 |
| February | $ 19.43 | $ 19.54 | $ 19.70 |
| April | $ 17.11 | $ 18.27 | $ 19.60 |
| April | $ 16.95 | $ 17.30 | $ 17.63 |
| May | $ 17.11 | $ 17.27 | $ 17.60 |
| June | $ 17.07 | $ 17.33 | $ 17.56 |
| July | $ 17.41 | $ 17.59 | $ 18.37 |
| August | $ 18.36 | $ 18.59 | $ 18.87 |
| September | $ 18.97 | $ 20.27 | $ 21.45 |
In the long term, Convex Finance could reach a price of $ 21.45 in September. That’s a rather optimistic scenario, as CVX could trade as low as $ 16.95 in April. Overall, CVX’s price is projected to hover at around $ 18.76 in 2030, about 512.27% above the current price of $ 3.06.
Convex Finance price prediction FAQs
According to InvestMage’s prediction, Convex Finance could gain as much as 878.87% by 2029, making it a potentially good investment. Keep in mind that the prediction is not set in stone and we could easily see Convex Finance either surpass or not reach the price targets outlined in this article.
Convex Finance would need to gain 3,263.43% to reach $ 100.00. According to our prediction, Convex Finance could hit $ 100.00 in January 2045.
In 2023, Convex Finance is predicted to trade in a price range between $ 3.53 and $ 2.62, with the average price being $ 3.12. The average price is about 1.79% higher than Convex Finance’s current price.
Convex Finance is projected to trade in a price range between $ 6.92 and $ 2.62, with the average price of $ 4.40 throughout the year. The price of Convex Finance is expected to increase by 43.69% in 2024 (compared to Convex Finance’s current price).
Convex Finance is forecasted to change hands in a price channel bound by $ 23.60 on the high end and $ 5.85 on the low end. Convex Finance is expected to have an average price of $ 4.40 in 2025, which is about 358.04% higher than Convex Finance’s current price of $ 3.06.
The Convex Finance price algorithm predicts that CVX will move between $ 21.45 and $ 16.95 in 2030, with the average price being $ 18.76, about 512.27% higher compared to CVX’s current price.
According to the InvestMage predictions, Convex Finance is expected to go up in value by 43.69% by next year. In 2024, the CVX cryptocurrency could trade up 358.04% compared to today. By 2030, Convex Finance’s price is expected to increase by 512.27%, and reach $ 18.76.
The price of Convex Finance is algorithmically predicted using historical market price data for CVX and a combination of technical indicators, including RSI, Stoch RSI, SMA50, SMA200, EMA, and several others.
About the Author: Dave N. Clarke
