SATS Price Prediction 2024: 1000SATS Price Analysis

Bittime - With Bitcoin prices rising over 12.73% in the seven days to July 22, 2024, the crypto market is stabilizing. Altcoins influenced by BTC have also seen significant price spikes. The growing bullish sentiment in the crypto market caused the price of SATS to surge around 180% from its low point on July 5.

On July 22, 2024, SATS is worth approximately $0.000000278. However, what is SATS (1000SATS)? How does it work? Let's take a look at the SATS price predictions made up to July 22, 2024.

1000SATS Price Prediction 2024

If SATS begins a larger five-wave cycle in late 2024, it should revisit the all-time high reached in December last year or surpass it slightly. However, it is also possible that the bull run will end at a lower level five-wave pattern, completing the uptrend at the 0.618 Fibonacci retracement.

• 2024 SATS Minimum Price: $0.00000062

• 2024 SATS Average Price: $0.0000009

• 2024 SATS Maximum Price: $0.0000011

Check Today's Crypto Market:

1000SATS Price Prediction 2025

If SATS confirms that it is in a larger five-wave cycle, its final move is expected to occur in 2025. This would be a new all-time high, with targets depending on the momentum behind the move and the scope of the previous advance.

Also Read How To Buy Crypto:

1000SATS Price Prediction 2030

We expect the completion of this bull market cycle in 2025, which means a prolonged bear market period should begin. It usually lasts two to three years and causes a correction of between 80 to 90%. If SATS suffers the same fate, it may only begin its next bullish phase in 2030.

SATS Price Analysis

Since its launch in December last year, SATS price reached an all-time high of $0.00000093. From there, it began a prolonged bearish cycle, forming a descending triangle until it reached a low of $0.00000011 on July 5, 2024.

On July 18, SATS reached a high of $0.00000031. This may mark the end of the first bullish advance in a larger bull phase. If true, we are now seeing the development of the first bull cycle correction, which should set a higher low and retest broken descending resistance for support before continuing to move up.

The daily chart RSI shows that the price has reached a high or is nearing the completion of the first uptrend. With the RSI at 60, indicating bullish sentiment approaching overbought conditions, the next target is likely to be the $0.0000002 area to complete the second sub wave. If this happens and a successful retest is carried out, SATS could see further upside, reaching a high in the $0.0000006 zone.

Short Term SATS Price Prediction

SATS price prediction for the next 24 hours is neutral. A symmetrical triangle is forming, and the direction of its breakout will determine the scenario that will play out.

Whether the price will reach a higher high before completing the uptrend from July 5, or the high of July 18 is the end of the uptrend, a downward movement is expected soon. We should see the development of its corrective stage to the 0.618 Fibonacci retracement level in the $0.00000020 area.

Fear and Greed Index

The Fear and Greed Index measures market sentiment on a scale from 0 (Extreme Fear) to 100 (Extreme Greed). On July 22, 2024, the Fear and Greed Index is at 70, indicating Greed.

ATR RATE (1000RATE): Volatility RATE

Average True Range (ATR) measures market volatility by averaging the greatest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over the period, usually 14 days. On July 22, 2024, the SATS ATR was 0.00000035, indicating low volatility, although it has increased since July 5.

RSI SATS (1000SATS): Is SATS Oversold or Undersold?

The Relative Strength Index (RSI) is a momentum indicator that traders use to determine whether an asset is overbought or oversold. On July 22, 2024, RSI SATS is at 60, indicating bullish sentiment is approaching overbought conditions.

SATS Price Performance Comparison

• Current SATS price: $0.000000278  

• SATS price a year ago: $0.000000192  

• SATS price change: 44.79%  

   

• Current ORDI price: $40.61  

• ORDI price a year ago: $41.54  

• ORDI price change: -2.24%  

   

• Current BTC price: $67,290  

• BTC price a year ago: $64,241  

• BTC price change: 4.75%  

   

• Current BONK price: $0.000031  

• BONK price a year ago: $0.000020  

• BONK price change: 55%  

How Do We Make SATS Price Predictions?

Our 1000SATS price prediction combines technical analysis tools and price cycles. We mainly use the Elliott Wave Principle, which describes price movements in motive and correction phases. Applied to SATS specific time frames and price history, we set targets, although the further out the projection, the less accurate it is as it depends on factors that can change.

Best Days and Months to Buy SATS

Based on the data analyzed, Monday is the best day to buy 1000SATS, with the highest average return of 2.37%. In contrast, Tuesdays show the worst performance with an average of -2.97%. As for the best month, July stands out with a significant return of 52.64%. However, daily data is more relevant as 1000SATS starts trading in December 2023, limiting the reliability of monthly and long-term trend data.

SATS Price History

• Price one day ago (July 21, 2024): $0.00028550

• Price one week ago (July 15, 2024): $0.00020294

• Price one month ago (June 22, 2024): $0.00017066

• Price three months ago (April 22, 2024): $0.00033871

• Launch price (December 18, 2023): $0.00068010

• All-time high price (December 26, 2023): $0.00086642

• All-time low price (July 6, 2024): $0.00011942

SATS Market Capitalization

Market capitalization, or market cap, is the total number of SATS in circulation multiplied by their price. As of July 22, 2024, SATS's market capitalization was $587,072,958, making it the 114th largest cryptocurrency by that metric.

How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way through Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Study Complete Guide How to Buy Crypto on Bittime. 

Monitor graphic movement Bitcoin (BTC) price, Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.