SNX-USD technical analysis

SNX-USD Technical Analysis

Analysis date

July 18, 2026

Market

Cryptocurrency (USD)

Daily cutoff

July 17, 2026

Reliability

Passed

Informational use only. This page is not investment advice.

Data verification

SNX-USD Data Verification

Cross-validating the latest completed daily bar across independent sources.

Symbol
SNX-USD
Market
Cryptocurrency
Currency
USD (US Dollar)
Latest completed bar
July 17, 2026

No adjustment factor (adjusted close equals raw close, factor 1.0). Data sourced from Coinbase (primary) with Binance as cross-validation. All prices are in USD with 24/7 crypto market conventions.

SourceLatest CloseDateDifferenceStatus
Financial Modeling Prep (FMP, primary)2.45July 17, 2026-Verified
Massive API (independent)2.46July 17, 20260.40%Verified

Bottom line

SNX-USD Technical Analysis Summary

SNX-USD shows a broadly bearish to mixed technical picture across daily and weekly timeframes. On the daily chart, price at 2.45 is below SMA50 (2.72) and SMA200 (3.18) but slightly above SMA20 (2.42), suggesting short-term stabilization within a longer-term downtrend. The daily RSI at 48.32 is neutral, while MACD shows a slightly positive histogram at 0.01, indicating the pace of selling is slowing. The weekly picture remains bearish: price at 2.47 is below all major SMAs, RSI at 44.15 is below 50, and the weekly MACD histogram remains negative at -0.05. Key resistance is at 2.72 (SMA50) and then 2.85 (20-period high). Support is at 2.21 (20-period low) and 2.00 (60-period low). A breakout above the 20-period high of 2.85 would suggest a more meaningful trend reversal.

Multi-timeframe dashboard

Multi-Timeframe Technical Dashboard

Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.

Daily (July 17, 2026)

Trend
Bearish to mixed. Price at 2.45 is above SMA20 (2.42) but below SMA50 (2.72) and SMA200 (3.18). The SMA20 is below SMA50 below SMA200, maintaining a bearish long-term alignment. The price reclaiming SMA20 is a minor short-term positive, but the broader structure remains bearish with price 23% below the SMA200.
Momentum
Neutral. RSI14 at 48.32 is in neutral territory around the 50 midline, providing no clear directional bias. MACD line at -0.03 remains slightly below the signal line at -0.04, but the histogram at 0.01 has turned positive, suggesting bearish momentum is decelerating.
Volatility
Moderate. ATR14 at 0.12 (4.90% of price) indicates moderate daily swings for a mid-cap cryptocurrency. Bollinger Bands (2.25 to 2.61) are moderately wide with price near the middle band, reflecting the recent consolidation.
Volume
Slightly below average. Latest volume of 8,542,300 is 87% of the 20-period average (9,818,735), indicating slightly reduced participation during the recent price stabilization.

Assessment

The daily chart shows a market that is attempting to stabilize after a prolonged downtrend. Price reclaiming the SMA20 is the first step toward improvement, and the positive MACD histogram supports the case for decelerating selling pressure. However, the SMA50 at 2.72 and SMA200 at 3.18 are significant resistance levels above. The neutral RSI provides no momentum conviction. A sustained move above the SMA50 at 2.72 would be a more meaningful bullish signal.

Weekly (July 10, 2026 week)

Trend
Bearish. Price at 2.47 is below SMA20 (2.76), SMA50 (3.05), and SMA200 (3.42). The consistent pattern of lower highs over the past 40 weeks indicates a sustained downtrend. The 60-period decline from the high of 8.45 represents approximately 71% erosion from the peak.
Momentum
Bearish. RSI14 at 44.15 is in bearish territory below 50. MACD line at -0.15 remains below the signal line at -0.10, with a negative histogram of -0.05, confirming bearish momentum on the weekly timeframe without signs of reversal.
Volatility
High. ATR14 at 0.42 (17.00% of price) reflects wide weekly ranges typical for DeFi tokens. This indicates significant week-over-week price risk.
Volume
Below average. Weekly volume of 52,361,400 is 76% of the 20-week average (68,896,579), signaling lower long-term participation in the recent price action.

Assessment

The weekly chart confirms a bearish structure. The consistent pattern of lower highs and price below all key moving averages indicates the primary trend remains bearish. The negative MACD histogram prevents any bullish crossover signal. A confirmed trend reversal would require a sustained move above the SMA20 at 2.76 and then the SMA50 at 3.05.

Key indicators

SNX-USD Key Technical Indicators

RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.

IndicatorDailyWeekly
RSI (14)48.3244.15
MACD (12, 26, 9)-0.03 / -0.04 / 0.01-0.15 / -0.10 / -0.05
ATR (14)0.12 (4.90%)0.42 (17.00%)
Bollinger Bands (20, 2)2.25 - 2.612.04 - 3.50
SMA (20)2.422.76
SMA (50)2.723.05
SMA (200)3.183.42

Price structure

SNX-USD Price Structure and Returns

Price performance across multiple lookback periods and 52-week position.

MetricDailyWeekly
Current Price2.452.47
1-Period Return+1.24%-2.37%
5-Period Return-0.81%-8.52%
20-Period Return-5.04%-15.41%
60-Period Return-22.96%-43.74%
252-Period Return-47.87%-61.59%
52-Week Low1.821.82
52-Week High8.458.45
52-Week Position9.43%9.52%

Key levels

SNX-USD Support and Resistance Levels

Key price levels based on recent swing highs and lows across daily and weekly timeframes.

LevelDailyWeekly
20-Period High2.853.88
20-Period Low2.212.18
60-Period High3.558.45
60-Period Low2.001.82

Scenarios

SNX-USD Technical Scenarios

Conditions, invalidation triggers, and what to watch for each scenario.

Bullish

Trigger

Price breaks above the SMA50 at 2.72 on above-average volume and holds above it for multiple sessions.

Invalidation

Price falls below the 20-period low of 2.21 and fails to recover within several sessions.

What to watch

Sustained close above SMA50 (2.72); increasing volume; RSI climbing above 60; MACD histogram continuing to rise on daily chart.

Range-Bound

Trigger

Price oscillates between the 20-period low at 2.21 and the SMA50 resistance at 2.72.

Invalidation

A decisive break of either boundary with expanding volume.

What to watch

RSI staying between 40 and 60; volume remaining near or below average; Bollinger Bands narrowing further; MACD histogram fluctuating near zero.

Bearish

Trigger

Price breaks below the 20-period low at 2.21 with above-average volume.

Invalidation

Price reclaims the SMA20 at 2.42 and holds above it for multiple sessions.

What to watch

Sustained closes below 2.21; expanding downside volume; RSI dropping below 35; MACD histogram turning negative again on daily chart.

Methodology

Methodology and Limitations

This technical analysis uses closing prices from Financial Modeling Prep (FMP, primary) and Massive API (independent cross-validation) for Synthetix (SNX-USD). The daily analysis covers approximately 2 years (730 completed bars) ending July 17, 2026. The weekly analysis covers approximately 5 years (261 completed bars) ending the week of July 10, 2026. Prices are raw close as no adjustment factor was applied (adjustment factor 1.0). Volume data is from the primary source and may not match other data providers. Technical indicators include SMA, RSI, MACD, ATR, and Bollinger Bands using standard parameters. Key levels are identified from recent swing highs and lows and major moving averages. Cryptocurrency markets trade 24/7, so daily cutoffs follow UTC midnight conventions. Technical analysis studies historical price patterns and does not constitute investment advice. It should not be used as the sole basis for trading decisions.

Frequently Asked Questions

This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any asset. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Cryptocurrency markets are highly volatile and may involve additional risks including regulatory uncertainty, smart contract risk, and liquidity risk. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.

Data sourced from Yahoo Finance (primary) and Finviz (independent cross-validation). Data cutoffs: daily July 17, 2026, weekly July 10, 2026 week. Generated July 18, 2026.