Latest Siacoin (SC) Price Analysis

Deep Dive

1. Technical Rebound (Mixed Impact)

Overview:
SC’s RSI14 (39.79) remains near oversold levels, while the MACD histogram flipped positive (+0.00000705) for the first time since mid-September, signaling weakening bearish momentum. The price also reclaimed the 7-day SMA ($0.00266), a minor resistance-turned-support level.

What this means:
Traders may be capitalizing on oversold conditions, especially with SC down 18% over 90 days. However, the 200-day SMA ($0.00316) looms 19% above current prices, acting as a major resistance barrier.

What to look out for:
A sustained break above $0.0028 (30-day SMA) could signal further recovery, while failure to hold $0.0026 may renew selling pressure.

2. Post-Delisting Volatility (Bearish Catalyst Fading)

Overview:
OKX SG delisted SC on Sep 29, citing compliance concerns. While this initially pressured liquidity, SC’s 24h volume has stabilized at $6.9M (+7.6% vs. prior day).

What this means:
The delisting’s immediate sell-off appears exhausted, with remaining holders likely favoring accumulation at lower prices. However, reduced exchange support risks longer-term liquidity fragmentation.

3. Hardfork Upgrades (Neutral/Bullish Long-Term)

Overview:
July’s V2 hardfork Phase 2 introduced Utreexo (light node syncing) and Ledger support (CoinGabbar, Aug 1), aiming to improve Sia’s decentralized storage usability.

What this means:
While adoption metrics (storage contracts, active hosts) aren’t provided, the upgrades address key scalability hurdles. Sustained developer activity (15+ GitHub commits/month) supports the project’s fundamentals despite price weakness.

Conclusion

SC’s bounce reflects technical factors and resilience after exchange-driven turbulence, though macro headwinds (down 44% YoY) and low turnover (4.6%) limit upside conviction. Key watch: Can SC hold $0.0026 support ahead of Oct 13’s monthly options expiry, where $0.003+ strikes dominate open interest?

Deep Dive

1. OKX SG Delisting (Bearish Impact)

Overview: OKX SG announced on 26 September 2025 that SC trading pairs will be removed on 29 September, citing failure to meet listing criteria. Deposits were suspended immediately, forcing holders to sell or withdraw.

What this means: Delistings typically reduce liquidity and signal reduced institutional confidence, prompting panic selling. SC’s 24h volume rose 4.15% to $6.34M, suggesting traders exited positions ahead of the deadline. Historical examples like Bittrex delistings in 2023 saw similar 5-10% dips.

What to watch: Whether other exchanges follow OKX’s lead – a critical risk given SC’s 30-day underperformance (-13.16%).

2. Technical Breakdown (Bearish Momentum)

Overview: SC trades below all key moving averages (7-day SMA: $0.00267, 30-day SMA: $0.00281). The RSI-14 sits at 35.29 – near oversold territory but not extreme.

What this means: Sustained trading below the 30-day SMA signals bearish control. The MACD histogram shows weak bullish momentum (+0.0000067), but the MACD line remains negative. Fibonacci retracement identifies resistance at $0.00298 (23.6% level), a breach of which could ease selling pressure.

3. Sector-Wide Pressures

Overview: Decentralized storage tokens like Filecoin (-3.1%) and Arweave (-5.8%) also fell, reflecting sector-wide risk aversion. SC’s turnover ratio (0.0439) indicates thin liquidity, amplifying volatility.

What this means: SC’s -47% yearly decline vs. Bitcoin’s +12% highlights its beta status – weak projects bleed more in neutral markets.

Conclusion

The OKX delisting catalyzed SC’s drop, compounded by technical breakdowns and sector weakness. Traders face liquidity risks and potential follow-on exchange actions.

Key watch: Can SC hold the 200-day EMA ($0.00316)? A close below this level may invite another 10-15% decline.