Spell price prediction 2025-2031: Will SPELL cross $1?

Key takeaways

• Our Spell price prediction anticipates a high of $0.00167 by the end of 2025.
• In 2028, the token will range between $0.00391 and $0.00447, with an average price of $0.00419.
• In 2031, SPELL will range between $0.00670 and $0.00726, with an average price of $0.00698.

The ERC-20 token SPELL is utilized in the Abracadabra.money ecosystem as an incentive and governance token. The two main applications for the SPELL coin are (1) Abracadabra protocol governance and (2) protocol fees. Abracadabra mints Magic Internet Money (MIM), a stablecoin based on the US dollar, using interest-bearing tokens like CRV, CVX, and YFI as collateral. 210,000,000,000 SPELL is the maximum quantity that can be allocated for team allocation, worldwide agricultural incentives, and the first DEX offering.

How high will it go? Is SPELL a good investment? Let’s explore these questions in our Cryptopolitan price predictions from 2025 to 2031.

Overview

SPELL token price prediction: Technical analysis

SPELL technical analysis: SPELL at $0.000922 as it keeps shedding

TL;DR Breakdown

• Spell price analysis confirms a downtrend.
• The coin value has decreased by 0.97% during the day.
• Support for SPELL token is present at $0.000873.

SPELL price analysis for February 19, 2025, shows that bears are now back on track. The coin value has decreased to $0.000922 amidst the ongoing bearishness. The token has suffered a 0.97% loss today. The past week also proved highly detrimental to the cryptocurrency’s progression, as a bearish cloud enveloped the market. In the past 24 hours, the bears have taken charge once again. If the bears remain persistent, further loss can be observed over the next few days.

SPELL price analysis on a daily basis

The 1-day SPELL price analysis indicates a downtrend. This movement suggests a bearish trend as the selling activities dominate over the buying activities. The chances of reversal seem low in the face of the decreasing volatility.

The area between the upper and lower bands of the Bollinger bands indicator defines market volatility. As the bands are narrowing, this signals a dip in volatility. The upper limit of the Bollinger bands indicator, serving as the resistance band, is at $0.000134. Its lower limit, acting as the support, is around $0.000727.

The Relative Strength Index (RSI) indicator is in the lower neutral region. Its value is 44.10; however, its curve is descending. The continual downward movement of the RSI confirms a negative market sentiment. Moreover, considering the decreasing volatility, this marks stability in the trading atmosphere.

SPELL price analysis on the 4-hour chart

The 4-hour price chart for SPELL presents a bearish scenario of the market events. SPELL/USD value dropped to $0.000922. The selling pressure remained quite intense compared to the buying positions in the past four hours. This suggests a discouraging signal for investors.

Volatility is decreasing on the 4-hour chart as well, which confirms higher market predictability. Moving ahead, the upper boundary of the Bollinger bands indicator is at $0.000985, confirming the resistance threshold. Conversely, the lower boundary of the Bollinger bands indicator is at $0.000861, securing stable support.

The RSI graph displays a downward curve because of today’s decline. In the past four hours, its value has slipped to 50.27. This signals rising selling pressure and, therefore, downward price movement. The RSI value can be maintained if the bulls return by the next trading session.

SPELL technical indicators: Levels and action

Daily simple moving average

Daily exponential moving average

What to expect from SPELL price analysis

SPELL price analysis predicts a bearish outcome regarding the ongoing market events. The coin’s value has descended to $0.000922, as a downturn was recorded today, and the overall market sentiment remained negative. Technical indicators support the bears, and the price charts also favor the bears for today.

Is SPELL token a good investment?

Investing in SPELL token has potential due to its innovative DeFi platform, Abracadabra.money. However, the cryptocurrency market is highly volatile and risky. Thorough research and careful consideration of your risk tolerance are essential.

Why is SPELL down?

The SPELL/USD crypto pair price has decreased today as the selling pressure has broken out again, pressing the current SPELL token price to $0.000922. The bears are targeting the support of $0.000873 next, as the current market sentiment is negative, which is discouraging for SPELL token holders.

What is the predicted price of spell token in 2025?

The SPELL token is expected to trade in a range of $0.00111 to $0.00167 in 2025. Though currently it is trending lower than the specified range.

What is the price prediction for spell token in 2030?

The SPELL token is expected to trade in a range of $0.00577 to $0.00633 in 2030, bringing in impressive market capitalization.

Will SPELL reach $0.001?

Yes, SPELL should rise above $0.001 in 2025 and reach a maximum price of $0.00167 during that period.

Will SPELL reach $0.005?

Yes, price predictions show that SPELL could rise above $0.005 in 2029. During the period, it will reach a maximum price of $0.0054.

Can a spell token reach $1 cent?

Per expert predictions, it remains highly unlikely that SPELL will get to $0.1 within next 5 years.

What is the all time high for spell coin?

The SPELL token’s all-time high was $0.03506, which was observed on November 02, 2021.

Does SPELL have a good long-term future?

Expert analysis suggest that SPELL may continue to improve its value in years to come. However, factors like market crashes or difficult regulations could invalidate this bullish theory, but it is expected that the token will reach a potential price of $0.00726 by 2031.

Recent news/opinions on SPELL

• MIM-SPELL Network said in a post on February 6, 2025, that its first omnichain development has been approved by DAO powered by LayerZero Core. MIM is also live on the Berachain mainnet.

Spell token price prediction February 2025

Current Spell token sentiment for February 2025 shows a maximum price value of $0.00134 by the end of the year. The Spell network coin forecast suggests the average price to be $0.00103, while the minimum forecast price is $0.000728.

Spell token price prediction 2025

Our Spell token price prediction for 2025 is a maximum price value of $0.0016 by the end of the year. The Spell network coin forecast suggests the average price to be $0.00139, while the minimum forecast price is $0.00111.

Spell Price Predictions 2026 – 2031

Spell token price prediction 2026

The Spell token price prediction for 2026 expects Spell to reach a minimum price of $0.00204, an average of $0.00232, and it is expected by the end of the year to have reached a maximum price of $0.00260.

Spell token price prediction 2027

The Spell price prediction for 2027 states that the Spell token’s price range will hit a maximum base price of $0.00353. We expect the digital coin to continue its bullish run from the previous year while keeping a minimum and average price of $0.00298 and $0.00326, respectively.

Spell token price prediction 2028

The Spell token price forecast for 2028 shows that the token is expected to reach a maximum price of $0.00447. Our projections state that the price of Spell will fluctuate between a low of $0.00391 and an average trading price of $0.00419 for the entire year.

Spell price token prediction 2029

Our Spell token price prediction for 2029 suggests a minimum value of $0.00484. The asset’s price could reach a maximum value of $0.00540 in a bullish scenario, with an average trading price of $0.00512 throughout 2029.

Spell token price prediction 2030

Our Spell price forecast for 2030 indicates that the price of Spell will reach a maximum of $0.00633. Additionally, a minimum price of $0.00577 is likely, and prices may shortly return to an average trading price of $0.00605.

Spell token price prediction 2031

Our Spell token price prediction for 2031 is a maximum price of $0.00726. The SPELL token’s price is expected to hit its lowest price at $0.00670. The average trading price of the currency is expected to be $0.00698.

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Cryptopolitan’s Spell price prediction

Our forecast shows that Spell will achieve a high price of $0.00161 near the end of 2025. In 2026, the Spell price will range between $0.00192 and $0.00257. In 2031, the cryptocurrency will range between $0.00655 and $0.00711, with an average price of $0.00678. It is important to consider that the predictions can change at any time and are not investment advice. Professional consultation is suggested, or you can carry out your own research.

Spell historic price sentiment

• The SPELL token was launched on August 18, 2021, with an opening price of $0.000608.
• The token soon spiked to $0.00387 in September and continued its ascend, attaining its all-time high price of 0.03506 on November 2, 2021.
• The coin registered its all-time low at 0.0002981 on August 5, 2021.
• The performance of the Spell token has been poor when we zoom out at its price movement and token statistics since 2021.
• The coin is already down 21.81% since its initial listing, according to Coinmarketcap. 
• 2022 started under strong bearish pressure, and the token kept losing value at a high pace, reaching a low of $0.00079 in June.
• By December 2022, it had lost 90% of its value when it was priced at $0.00052.
• 2023 remained the same as the token traded below its initial price, often plunging to $0.00049.
• 2024 also started under bearish shadows, but the coin slightly headed up to $0.00159 at the start of January.
• SPELL traded near the range of $0.0012 in March, but it came down to $0.000875 in April.
• The highest spell went in June was only $0.00130 and came down to $0.00070 at the start of July.
• The SPELL token was trading near the $0.00065 range at the start of July 2024, but it lowered down to $0.00043 in August.
• The SPELL token remained rangebound till October, and the highest it saw was $0.00064.
• In November 2024, SPELL observed bullish sentiment from the crypto market and attained a high price of $0.00117 on December 6.
• SPELL consolidated in January 2025 with a higher breakout as the SPELL token increased to $0.00175 on January 28, but it corrected down to the $0.00093 range in February.

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