Since it first started trading in 2018, the price of LOOM, the native cryptocurrency of the Loom Network network, increased by 190%.
In this article, we are going to examine Loom Network price predictions for 2023, 2024, 2025, and 2030 and try to determine whether Loom Network can reach $ 1.00.
Loom Network price prediction key takeaways
Loom Network price prediction 2023
According to our Loom Network price prediction for 2023, LOOM is expected to trade between $ 0.210594 and $ 0.649132, with an average price of $ 0.388498. At the end of the year, LOOM is expected to trade at $ 0.649132.
Loom Network price prediction 2024
Loom Network is forecasted to reach a high of $ 0.649132 next year, with an average LOOM price of $ 0.291762. On the low end, Loom Network is expected to bottom out at $ 0.107810 in 2024. By the end of the year, we could see Loom Network change hands at $ 0.282373.
Loom Network price prediction 2025
In 2025, Loom Network could see a peak price of $ 0.404496 and a low of $ 0.107206. The average Loom Network price prediction for 2025 is $ 0.220653. By year’s end, LOOM is expected to trade at $ 0.107206.
Loom Network price prediction 2030
On a longer time scale, our Loom Network price forecast for 2030 projects LOOM to reach a maximum price of $ 0.620354. Conversely, LOOM could trade as low as $ 0.381515 during the year, whereas the average Loom Network price is predicted to move around $ 0.427053. By the end of 2030, Loom Network is predicted to trade at $ 0.431663.
Loom Network (LOOM) overview
| Cryptocurrency | Loom Network |
|---|---|
| Ticker | LOOM |
| Market Cap | $ 265.22M |
| 24H Trading Volume | $ 83.93M |
| Circulating Supply | 1.22B |
| Total Supply | 1.30B |
| 7-Day Price Change | 65.7% |
| 1-Month Price Change | 413% |
| 1-Year Change | 343% |
| Loom Network ROI | 190% |
| All-Time High | $ 0.778378 |
| All-Time Low | $ 0.007378 |
With a circulating supply of 1.22B LOOM, the Loom Network cryptocurrency project commands a market cap of $ 265.22M, good for the 102nd spot in the crypto market.
In the last 24 hours, $ 83.93M worth of LOOM changed hands across 28 crypto exchanges, with Binance accounting for the largest share of LOOM trading volume.
Loom Network price history
The price of Loom Network has been trending in the positive direction in the past 24 hours, increasing by 13.21% to $ 0.217496. In the past week, Loom Network’s price gained 65.7%.
In addition, Loom Network gained 413% in the past month, having traded in the green zone in 18 of the last 30 days.
On a longer time horizon, Cardano saw positive price activity in the last 3 months, underscored by the 413% move to the top. Meanwhile, the price of LOOM increased by 343% in the past year. Overall, Loom Network is trading up 190% since it first started trading in 2018.
Loom Network technical analysis
Based on technical indicators tracked by InvestMage, investor sentiment regarding Loom Network is currently bullish, with extremely high volatility score of 45.81% (volatility is a measure of an asset’s price fluctuations).
Loom Network is changing hands below the 200-day simple moving average (SMA), a common bullish signal. Also, the price of LOOM 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 45 (Fear). Meanwhile, RSI (Relative Strength Index), a popular market momentum indicator, is at 78.33, indicating that LOOM is changing hands in undervalued zone. Overall, there are 29 technical analysis indicators that indicate bullish market activity, and 3 that forecast bearish activity for Loom Network.
Loom Network price predictions 2023-2030
| Year | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| 2023 | $ 0.210594 | $ 0.388498 | $ 0.649132 |
| 2024 | $ 0.107810 | $ 0.291762 | $ 0.649132 |
| 2025 | $ 0.107206 | $ 0.220653 | $ 0.404496 |
| 2026 | $ 0.097593 | $ 0.134322 | $ 0.280748 |
| 2027 | $ 0.105745 | $ 0.162637 | $ 0.615565 |
| 2028 | $ 0.391702 | $ 0.634692 | $ 1.11 |
| 2029 | $ 0.381033 | $ 0.539259 | $ 0.783970 |
| 2030 | $ 0.381515 | $ 0.427053 | $ 0.620354 |
According to our long-term Loom Network prediction, the cryptocurrency is expected to reach a high point of $ 1.11 at some point in December 2027. On the other end of the spectrum, Loom Network could bottom out at $ 0.097593 in October 2025. Per the prediction, Loom Network will have the highest average price of $ 0.634692 in 2028.
With a brief overview of Loom Network price predictions for 2023 to 2030 in the rearview mirror, let’s dive deeper into separate yearly price predictions for LOOM.
Loom Network price prediction 2023
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| November | $ 0.291913 | $ 0.345509 | $ 0.432821 |
| December | $ 0.382464 | $ 0.478048 | $ 0.649132 |
This year, Loom Network is expected to trade in a price range between $ 0.210594 and $ 0.649132, with the average price of $ 0.388498 per LOOM coin. The price of LOOM is expected to increase by 198.46% by the end of the year.
Loom Network price prediction 2024
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| October | $ 0.210594 | $ 0.312062 | $ 0.413719 |
| November | $ 0.330493 | $ 0.399593 | $ 0.477887 |
| December | $ 0.403284 | $ 0.519528 | $ 0.649132 |
| January | $ 0.299025 | $ 0.406410 | $ 0.519115 |
| March | $ 0.215500 | $ 0.316331 | $ 0.392324 |
| April | $ 0.179052 | $ 0.205555 | $ 0.233706 |
| April | $ 0.107810 | $ 0.143449 | $ 0.181367 |
| June | $ 0.136143 | $ 0.163499 | $ 0.188758 |
| June | $ 0.147701 | $ 0.210490 | $ 0.245344 |
| July | $ 0.231975 | $ 0.261340 | $ 0.289310 |
| September | $ 0.252065 | $ 0.294174 | $ 0.346777 |
| September | $ 0.227174 | $ 0.265840 | $ 0.319557 |
In 2024, Loom Network is forecasted to trade in a price channel between $ 0.107810 and $ 0.649132. On average, LOOM is expected to change hands at $ 0.291762 during the year. The most bullish month per LOOM could be December, when the currency could trade 198.46% higher than today.
Loom Network price prediction 2025
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| November | $ 0.251741 | $ 0.273362 | $ 0.290262 |
| November | $ 0.269138 | $ 0.298088 | $ 0.404496 |
| January | $ 0.204404 | $ 0.269000 | $ 0.343719 |
| January | $ 0.207547 | $ 0.235495 | $ 0.253675 |
| March | $ 0.152944 | $ 0.203608 | $ 0.240731 |
| March | $ 0.147058 | $ 0.183696 | $ 0.219779 |
| May | $ 0.180162 | $ 0.212884 | $ 0.232948 |
| May | $ 0.192087 | $ 0.208701 | $ 0.228059 |
| July | $ 0.216996 | $ 0.247198 | $ 0.285246 |
| August | $ 0.195127 | $ 0.217029 | $ 0.236839 |
| August | $ 0.115091 | $ 0.151457 | $ 0.205894 |
| October | $ 0.107206 | $ 0.143815 | $ 0.159197 |
Generally speaking, Loom Network price prediction for 2025 is bullish. The LOOM cryptocurrency is forecasted to hit a high point of $ 0.404496 in December and reach a low of $ 0.107206 in October. Overall, Loom Network is expected to trade at an average price of $ 0.220653 in 2025.
Loom Network price prediction 2030
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| October | $ 0.381515 | $ 0.399748 | $ 0.413188 |
| November | $ 0.402938 | $ 0.426096 | $ 0.453789 |
| December | $ 0.416135 | $ 0.432285 | $ 0.447800 |
| January | $ 0.410949 | $ 0.425892 | $ 0.450908 |
| February | $ 0.408486 | $ 0.470945 | $ 0.620354 |
| April | $ 0.420232 | $ 0.435521 | $ 0.445508 |
| April | $ 0.417505 | $ 0.422976 | $ 0.430779 |
| May | $ 0.405944 | $ 0.421969 | $ 0.445797 |
| July | $ 0.421657 | $ 0.428370 | $ 0.439275 |
| August | $ 0.392546 | $ 0.405878 | $ 0.422754 |
| August | $ 0.398081 | $ 0.420368 | $ 0.449983 |
| October | $ 0.431663 | $ 0.439515 | $ 0.447118 |
In the long term, Loom Network could reach a price of $ 0.620354 in February. That’s a rather optimistic scenario, as LOOM could trade as low as $ 0.381515 in October. Overall, LOOM’s price is projected to hover at around $ 0.427053 in 2030, about 96.35% above the current price of $ 0.217496.
Loom Network price prediction FAQs
According to InvestMage’s prediction, Loom Network could gain as much as 408.83% by 2027, making it a potentially good investment. Keep in mind that the prediction is not set in stone and we could easily see Loom Network either surpass or not reach the price targets outlined in this article.
Loom Network would need to gain 459.78% to reach $ 1.00. According to our prediction, Loom Network could hit $ 1.00 in December 2027.
In 2023, Loom Network is predicted to trade in a price range between $ 0.649132 and $ 0.210594, with the average price being $ 0.388498. The average price is about 78.62% higher than Loom Network’s current price.
Loom Network is projected to trade in a price range between $ 0.649132 and $ 0.107810, with the average price of $ 0.291762 throughout the year. The price of Loom Network is expected to increase by 34.15% in 2024 (compared to Loom Network’s current price).
Loom Network is forecasted to change hands in a price channel bound by $ 0.404496 on the high end and $ 0.107206 on the low end. Loom Network is expected to have an average price of $ 0.291762 in 2025, which is about 1.45% higher than Loom Network’s current price of $ 0.217496.
The Loom Network price algorithm predicts that LOOM will move between $ 0.620354 and $ 0.381515 in 2030, with the average price being $ 0.427053, about 96.35% higher compared to LOOM’s current price.
According to the InvestMage predictions, Loom Network is expected to go up in value by 34.15% by next year. In 2024, the LOOM cryptocurrency could trade up 1.45% compared to today. By 2030, Loom Network’s price is expected to increase by 96.35%, and reach $ 0.427053.
The price of Loom Network is algorithmically predicted using historical market price data for LOOM and a combination of technical indicators, including RSI, Stoch RSI, SMA50, SMA200, EMA, and several others.
About the Author: Dave N. Clarke
