ApeCoin price prediction 2024-2030: APE breaks key support
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Key takeaways:
- Our ApeCoin price predictions anticipate a high of $1.52 before the end of 2024.
- In 2025, it will range between $1.97 and $2.32, with an average price of $2.02.
- In 2030, it will range between $12.53 and $14.61, with an average price of $12.98.
Unlike the common sentiment of being a meme token, ApeCoin (APE) has utility. APE is an ERC-20 token that governs the ApeCoin DAO. The token also has utility within an affiliated company, Yuga Labs, the firm behind the Otherside metaverse, BAYC, and MAYC NFTs.
Also Read: All you want to know about ApeCoin
APE trades below its initial listing price of $8.53 in March 2022. Will APE reach $10? What will be its price in 2025? Let’s explore these and more in the Cryptopolitan Price Prediction from 2024 to 2030.
Overview
| Cryptocurrency | ApeCoin |
| Ticker | APE |
| Current ApeCoin price | $0.9225 |
| Market cap | $558,054,911 |
| Trading volume | $40,950,547 |
| Circulating supply | 604,895,833 |
| All-time high | Mar 17, 2022, at $39.40 |
| All-time low | Jun 18, 2024, at $0.8709 |
| 24-hour high | $0.9507 |
| 24-hour low | $0.8709 |
ApeCoin price prediction: Technical analysis
| Metric | Value |
| Volatility (30-day variation) | 13.19% |
| 50-day SMA | $1.153 |
| 200-day SMA | $1.508 |
| Sentiment | Bearish |
| Fear & greed index | 51 (Neutral) |
| Green days | 15/30 (50%) |
APE price analysis: APE loses momentum
Key takeaways:
- APE has now traded below $1 for two weeks straight.
- Technical indicators vouch for a drop lower.
APE/USD 1-day chart: APE extends stay below $1
APE has now traded below $1 for two weeks straight, a psychological support that had held for more than a year. The William alligator trendlines are converging, indicating little price volatility. This consolidation comes as APE faces rejection at $1.08, indicating a potential challenge to the $0.90 support level. These two levels act as focal points, above or below, deciding whether APE will remain bullish or bearish.
APE/USD 4-hour chart: APE in consolidation
While the William alligator sleeps, in consolidation, its trendlines are clearly moving downwards. The MACD supports this stance as it has registered negative momentum over the last 32 hours. The RSI has broken below the signal line, compounding on technical indicators vouching for a drop lower.
What can we expect from APE price analysis next?
Per our analysis, APE will break out lower over the short term, and a break below 30 RSI will necessitate a reversal to previous highs. An extended period of consolidation will result in an extended breakout.
Why is APE down?
APE is trading at the lowest Fibonacci range this year. The drop could be attributed to the wider market sentiment, whose capitalization has drastically dropped since March.
Will APE recover?
Per our Cryptopolitan price prediction analysis, APE is set to recover over the long term; however, it remains bound to the currency market sentiment over the short term.
Will APE reach $1?
APE’s immediate resistance level is $1.08. Should market volatility rise, it will likely break above $1 in the short term.
Will APE reach $10?
Per our Cryptopolitan price prediction, APE will break above $10 in 2029. At the time, APE should have bridged to ApeChain and grown much utility and applications such as in the metaverse.
Will APE reach $100?
It is unlikely that the APE price will be extended to $100 in the foreseeable future. APE will be more valuable at such a valuation than the USDT stablecoin, which is more of a ‘household’ cryptocurrency.
Does APE have a good long-term future?
APE’s utility is growing, and the launch of ApeChain is anticipated to attract more projects that use the APE token either for governance or settling fees on the chain. Yuga Labs and other new firms will likely promote APE.
Recent news/ updates
Yuga Labs continues to expand its ecosystem with a skilled-based NFT mint. This drop involves Sewer Pass holders playing a game called Dookey Dash. The players’ score would then determine what the pass reveals. BAYC/ Mutant Ape Yacht Club (MAYC) holders can claim free Sewer Passes, but anyone with a pass can play the game.
APE technical indicators: Levels and action
Daily simple moving average (SMA)
| Period | Value ($) | Action |
| SMA 3 | 0.9689 | SELL |
| SMA 5 | 0.9578 | SELL |
| SMA 10 | 0.9521 | SELL |
| SMA 21 | 0.9973 | SELL |
| SMA 50 | 1.1530 | SELL |
| SMA 100 | 1.3219 | SELL |
| SMA 200 | 1.5076 | SELL |
Daily exponential moving average (EMA)
| Period | Value ($) | Action |
| EMA 3 | 0.9696 | SELL |
| EMA 5 | 0.9646 | SELL |
| EMA 10 | 0.9704 | SELL |
| EMA 21 | 1.0227 | SELL |
| EMA 50 | 1.1422 | SELL |
| EMA 100 | 1.2866 | SELL |
| EMA 200 | 1.4685 | SELL |
ApeCoin price prediction July 2024
APE finally broke $1 support, which had held strong earlier in the year. The APE July price prediction will range between $0.87 and $ 1.19 and an average of $1.08.
| Month | Potential low ($) | Potential average ($) | Potential high ($) |
| July | 0.87 | 1.08 | 1.19 |
APE price prediction 2024
For the second half of 2024, APE’s price will range between $0.87 and $1.52. The average price for the year will be $1.32.
| Year | Potential low ($) | Potential average ($) | Potential high ($) |
| 2024 | 0.87 | 1.38 | 1.52 |
APE price prediction 2025-2030
| Year | Potential low ($) | Potential average ($) | Potential high ($) |
| 2025 | 1.97 | 2.02 | 2.32 |
| 2026 | 2.83 | 2.91 | 3.39 |
| 2027 | 3.91 | 4.03 | 4.88 |
| 2028 | 5.71 | 5.91 | 6.90 |
| 2029 | 8.55 | 8.84 | 10.18 |
| 2030 | 12.53 | 12.98 | 14.61 |
ApeCoin price prediction 2025
APE will trade higher in 2025. It will range between $1.97 and $2.32. The average price for the year will be $2.02.
ApeCoin price prediction 2026
The year 206 will experience bullish momentum. According to the APE price prediction, it will range between $2.83 and $3.39, with an average price of $2.91.
ApeCoin price prediction 2027
The Apecoin price forecast climbs even higher in 2027. According to the prediction, it will range between $3.91 and $4.88, with an average trading price of $4.03.
ApeCoin price prediction 2028
According to our APE prediction, the price of APE will range between a minimum of $5.71 and a maximum of $6.90. It will average at $5.91.
ApeCoin price prediction 2029
According to our APE price prediction for 2029, the price will reach a maximum of $10.18 and a minimum price of $8.55, with an annual average of $8.84.
APE price prediction 2030
The ApeCoin price prediction for 2030 indicates a price range of $12.53 and $14.61 and an average price of $12.98.
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APE market price prediction: Analysts APE price forecast
| Firm | 2024 | 2025 | 2026 |
| Digitalcoinprice | $1.97 | $2.23 | $3.08 |
| Gate.io | $0.93 | $1.04 | $1.20 |
| Changelly | $1.46 | $2.17 | $3.21 |
Cryptopolitan’s APE price predictions
Our predictions show APE will achieve a high of $1.52 in the second half of 2024. In 2025, it will range between $0.87 and $1.52, with an average price of $1.38. In 2030, it will range between $12.53 and $14.61, with an average price of $12.98. Note the predictions are not investment advice. Seek independent professional consultation or do your own research.
APE historic price sentiment
- Yuga Labs founded the ApeDAO in 2022. 62% of the tokens were given to the ApeDAO. 15% to BAYC and MAYC NFT holders, 16% to Yuga Labs, 14% to launch contributors, and 8% to BAYC founders.
- APE was distributed and began trading on March 17, 2022 at $7.26.
- 2022 closed with APE trading at $3.
- It remained bearish for the first three quarters of 2023. In October, it had dropped to $1.09.
- The crypto market sentiment changed in October as institutional interest in electronic traded funds rose. As the global crypto market cap broke above $2 trillion, APE broke above $2.
- The bull run continued in 2024, pushing APE as high as $2.43. The market started reversing afterward, and by June, it had fallen below $1.
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