Kusama Price Predictions
Today's cryptocurrency market is a highly competitive environment where each project has to fight for its place in the sun. Crypto winter has not bypassed even those projects that promote innovative solutions. Kusama's platform for deploying new projects is no exception to the rule. For this reason, many investors wonder, "Is Kusama (KSM) a good investment or not in 2023?"
A multi-chain network from the first days of launch has shown remarkable growth and aroused genuine interest among the crypto community. Many experts immediately tried coming up with Kusama price predictions for 2022-2030 and sang praises for a promising future for Kusama/USD. However, even the most accurate Kusama technical analysis did not consider that the market would turn into a "red sea."
What do you think: "How much will Kusama be worth in 2022, or how much will KMS be worth in 10 years?"
Disclaimer: All price predictions here are not investment advice or guidance. Ensure to run DYOR (do your own research) with Kusama price forecasts before any trading move.
What is Kusama
Kusama is a launching pad powered by Polkadot pre-test projects. Developers use the pre-production space to conduct test runs and experiment with new blockchains. The sandbox for developers was created to explore early versions of Polkadot projects using real cryptocurrencies available on the market scale.
The project appears to have been quite successful. As a result, the price value of Kusama, which at the time of launch was $49.60, rushed up sharply. Market capitalization growth was not long in coming and has now reached $414,589,507.
Kusama Price Overview
|Price Change 24h
||Low:$29.66 - High:$31.37
|Price Change 7d
||Low:$28.20 - High:$31.37
|Market Cap Rank
|Trading Volume, 24h
Current Kusama Price
The current Kusama price is $48.83, while the trading volume reached $22,288,908 in the last 24 hours. The KSM/USD showed a growth of 6.23%, comparing the current chart of price changes with the previous day. The increased $414,732,142 market capitalization allowed KSM to consolidate its strong position in 84th place in the list of the most considerable crypto assets by a cap.
Kusama Past Price Analysis
Compared to the past price data of Kusama, the current price jumps show a secure holding of positions. Historical data analysis demonstrates that the KSM continues to maintain a downtrend under the influence of the bullish market sentiment. The fluctuation range for the last month was from $48 to $70. Judging by the live price change chart, the coin is trading well below the lower range of the consolidation phase.
Despite a sharp jump of 5.29% during the previous day, KSM's price was fixed at $48.83. The bullish trend in the cryptocurrency market resulted in a total trading volume down 1.78% in the intraday trading session. A slight decrease indicates that the KSM value confidently resists the general market trend.
Kusama Technical Analysis
From a technical point of view, the Kusama price forecast is best viewed based on the following indicators:
- TRADE SETUP. The current trading flow is in a sideways channel (the price ranges of $45-60). An excellent opportunity for swing traders who can focus their efforts on buying KSM for $45, which is fixed at the support level. The upper range of the future price at the resistance level has a potential of $60.
- TREND. The bear market continues to accumulate efforts. Therefore, the KSM price continues to show a downward trend in almost all periods (long-medium-short-term).
- MOMENTUM INDICATOR. The MACD chart line is well away from the MACD signal line, which sends a bullish trend message. Still, the RSI looks neutral, with a price of $50.
- ON BALANCE VOLUME. The indicator remained at its previous position even on days when the daily growth volume almost equaled the declining one. As predicted, this positively affected the growth of demand from buyers and quick response from sellers.
- SUPPORT and RESISTANCE. According to the technical analysis, the nearest support zone is $45-$46, while the expected resistance range is $70-$90.
Kusama Price Forecast by Experts
If you are an investor or a die-hard crypto zealot, the potential change in the price of an asset during 2022 will come in handy. Wondering what experts are saying about KSM's possible price spikes?
Here are some thoughts from top online price prediction platforms:
After conducting a TA (technical analysis), experts indicate that KSM's price in Q4 2022 may rise to $52,194.
Analysts of the web resource suggest that in the rest of 2022, KSM price will consolidate at the $78.28 mark.
"WalletInvestor" experts offer the most pessimistic Kusama forecast. In their opinion, December 2022 shows a devastatingly low KSM price, which may be below $7.73.
The analytical department of "DigitalCoinPrice" suggests that the KSM price will be $60.18-$66.46.
Kusama Price Predictions 2022-2030
Experts didn't concur with the opinion on future price beliefs. Considering price changes from a strategic point of view means the expected price for the remaining four months of this year is as follows:
||Minimum Price, $
||Average Price, $
||Max Price, $
Kusama Price Predictions 2022
September 2022. The current price is $47.37. The minimum price threshold may be $42.31. The maximum price during the month can reach $56.28. The expected price mark in the last week of September could be $46.16.
October 2022. The possible price at the beginning of the month could be $46.16. The minimum price threshold can be $33.55. The maximum price during the month can reach $51.49. The expected price mark in the last week of September could be $46.16.
November 2022. The possible price at the beginning of the month could be $44.10. The minimum price threshold can be $34.45. The maximum price during the month can reach $44.10. The expected price mark in the last week of September could be $37.04.
December 2022. The possible price at the beginning of the month could be $37.04. The minimum price threshold can be $37.04. The maximum price during the month can reach $45.98. The expected price point in the last week of September could be $42.97.
Kusama Price Predictions 2023
The price of the KSM asset is expected to reach the $133.15 maximum. The minimum value of the Kusama coin may approach the $110.16 mark. The average price value can vary in the range of $111.30 - $113.33.
Kusama Price Predictions 2024
Based on the TA, the forecast for the maximum KSM price is $193.00. In the meantime, the lowest price may hold at the $152.21 mark. The average cost for the 12 months of 2024 may reach $156.33.
Kusama Price Predictions 2025
As per the long-term TA, 1 KSM coin can be worth $212.78 minimum. The maximum price value of Kusama in 2025 may be at the $264.46 level. Early indications say the average price value of the KSM will be $219.05.
Kusama Price Predictions 2026
The price of the KSM asset is expected to reach $379.83 maximum. The minimum value of the Kusama coin can approach the $325.34 mark. The average price value can range from $333.87-$334.12.
Kusama Price Predictions 2027
Based on the TA, the forecast for the maximum KSM price is $193.00. In the meantime, the lowest price may hold at $483.51. The average cost for the 12 months of 2024 may reach $483.18.
Kusama Price Predictions 2028
As per the long-term TA, 1 KSM coin can be worth $708.24 minimum. The maximum price value of Kusama in 2028 may be at the $841.67 level. Early indications say the average price value of the crypto asset will be $733.19.
Kusama Price Predictions 2029
It is expected that the price of the KSM asset could reach $1,247.22 maximum. The minimum value of the Kusama coin can approach the $1,046.72 mark. The average price value can vary from $1,074.15 - $1,075.71.
Kusama Price Predictions 2030
Considering the TA, the forecast of the maximum price of KSM is $1,826.82. In the meantime, the lowest price may hold at the $1,550.31 mark. The average price for the 12 months of 2024 could reach $1,593.63.
Is Kusama a good investment in 2022?
Yes, Kusama can be profitable if you consider investing in crypto in the long run.
Is Kusama better than Polkadot?
Kusama boasts a higher speed (four times faster) than Polkadot. Besides, the KSM community appears to be more engaged and dynamic due to the improved governance model.
Will Kusama increase?
Judging by KSM's medium-term price forecasts, the asset will show a gradual increase starting in 2023. The predicted price of the coin in 2030 may rise to $1,550.31 minimum.
How much will Kusama be worth?
The maximum price of the asset could be $193.00 over the next five years. Meanwhile, Kusama's top price for eight years could be $1,826.82.
What affects the price of Kusama?
As with most crypto projects, the potential rise in the KSM price depends on several factors, including the implementation of the roadmap, new tech updates, positive trends in the crypto market, and so on.