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Key takeaways
The ANKR cross-chain protocol, along with its native token, has experienced a resurgence after experiencing a sharp decline in early September 2023. Ankr announced that it is expanding its DePIN network to enhance performance and further decentralize with the support of CLV by Clover, IoTeX, Tencent Cloud, Storj, Mind Heart Soul, Gateway FM, and Ankr Labs.
The platform anticipates that its recent introduction of team accounts will contribute to an increase in the value of ANKR.
To gauge its future prospects, it’s crucial to look at the Ankr price prediction for 2024 and beyond.
| Cryptocurrency | Ankr |
| Current Price | $0.031 |
| Market cap | $316,773,228 |
| Circulating supply | 10,000,000,000 ANKR |
| 24-hr volume | $16,185,433 |
| All time high | $0.225 |
| All time low | $0.00071 |
| 24-hr high | $0.032 |
| 24-hr low | $0.03 |
| 14-Day RSI | 50.71 |
| Metric | Value |
| Current Price | $ 0.030889 |
| Price Prediction | $ 0.040646 (32.11%) |
| Fear & Greed Index | 71 (Greed) |
| Sentiment | Bearish |
| Volatility | 7.82% |
| Green Days | 17/30 (57%) |
| 50-Day SMA | $ 0.032842 |
| 200-Day SMA | $ 0.038456 |
| 14-Day RSI | 54.84 |
The ANKR price analysis for 23 July confirms that ANKR witnessed bearish pressure as it dropped toward the crucial support of $0.03. However, buyers continue to defend a decline below the immediate Fib channels.
Analyzing the daily price chart of Ankr, ANKR’s price witnessed a bearish rally after bears pushed the price toward $0.03. Over the last 24 hours, ANKR price has been on a bearish trend as sellers plunged buying confidence around resistance lines. The 24-hour volume surged to $30.7K, showing an increased interest in trading activity today. ANKR price is currently trading at $0.031, decreasing by over 0.4% in the last 24 hours.
The RSI-14 trend line has declined from its previous level and currently hovers around 54-level, showing that bears are slowly gaining the momentum of the price chart. The SMA-14 level suggests upward volatility in the next few hours.
The 4-hour ANKR price chart suggests ANKR price continues to experience bearish activity around $0.03, creating a negative sentiment on the price chart. As the price continues to tumble around EMA lines, bears are aiming to strengthen their dominance.
The BoP indicator is trading in a bullish region at 1, hinting that buyers are trying to build pressure near resistance levels and boost an upward correction.
However, the MACD trend line has formed red candles below the signal line and the indicator aims for a negative momentum, strengthening bearish positions.
| Period | Value | Action |
| SMA 3 | $ 0.03226 | SELL |
| SMA 5 | $ 0.031957 | SELL |
| SMA 10 | $ 0.031075 | SELL |
| SMA 21 | $ 0.029594 | BUY |
| SMA 50 | $ 0.032842 | SELL |
| SMA 100 | $ 0.03968 | SELL |
| SMA 200 | $ 0.038456 | SELL |
| Period | Value | Action |
| EMA 3 | $ 0.02987 | BUY |
| EMA 5 | $ 0.029993 | BUY |
| EMA 10 | $ 0.030709 | BUY |
| EMA 21 | $ 0.033039 | SELL |
| EMA 50 | $ 0.037783 | SELL |
| EMA 100 | $ 0.040168 | SELL |
| EMA 200 | $ 0.038317 | SELL |
The hourly price chart confirms bears are making efforts to prevent the ANKR price from an immediate surge. However, if the ANKR price successfully breaks above $0.033, it may surge higher and touch the resistance at $0.041.
If bulls cannot initiate a surge, ANKR price may drop below the immediate support line at $0.028, resulting in a correction to $0.022.
It’s challenging to determine the right time to buy ANKR, as it continues to face bearish activities and it’s uncertain when the dip will end or how much it might recover. However, ANKR offers a valuable service and the token has potential. As with any crypto investment, thorough research is crucial before deciding to invest in ANKR.
ANKR price made a heavy decline in the last few hours following minor selloff around resistance channels. Sellers are currently aiming for a decline below EMA trend lines.
If buyers successfully defend the $0.028 level, we might see a strong rebound and recovery in the Ankr price.
Depending on the current market sentiment and buying demand, we might see ANKR price touching the $1 milestone in the coming years.
The $10 mark is a distant dream for Ankr price. If the altcoin market remains robust in the coming years and Ankr develops more user-friendly utilities, we might see its price surpassing the $10 mark.
Yes, ANKR is a good long-term investment option. As buyers’ interest continues to grow and the platform expands, we might see profitable returns by investing in ANKR.
Ankr, Asphere, and Botanix Labs have launched Spiderchain, a groundbreaking Layer 2 network that introduces smart contract capabilities to the Bitcoin blockchain. This innovative platform combines Ethereum’s flexibility with Bitcoin’s security, utilizing a decentralized Proof-of-Stake model alongside Bitcoin’s Proof-of-Work. Spiderchain aims to transform Bitcoin into a programmable layer, enhancing its utility in the financial sector.
Ankr price triggered an intense bearish rally over the last few days as Bitcoin price failed to bring buying demand. As a result, sellers are continuing to dominate the price chart around support lines. However, as the Bitcoin market is gaining momentum, we might see a strong rebound in the ANKR price chart. If the altcoin market gains momentum in July following Bitcoin’s surge above $70K, we might see a robust comeback in the ANKR price.
As a result, it is anticipated that the Ankr Network will have a minimum price of $0.02 in July. The maximum price level could hit $0.047, with an expected average price of $0.03 throughout the month.
| Ankr Price Prediction | Potential Low | Potential Average | Potential High |
| Ankr Price Prediction July 2024 | $0.02 | $0.03 | $0.047 |
Ankr announced it is expanding its DePIN network to enhance performance and boost decentralization. This expansion involves collaboration with CLV by Clover, IoTeX, Tencent Cloud, Storj, Mind Heart Soul, Gateway FM, and Ankr Labs.
The platform also aims to increase the value of ANKR with the introduction of team accounts.
According to forecasts and technical analysis, the price of Ankr is expected to reach a minimum level of $0.0370 in 2024. The ANKR price could hit a maximum of $0.0409, with an average price of $0.0382 throughout the year.
| Ankr Price Prediction | Potential Low | Potential Average | Potential High |
| Ankr Price Prediction 2024 | $0.037 | $0.0382 | $0.0409 |
| Year | Minimum Price | Average Price | Maximum Price |
| 2025 | 0.053 | 0.0545 | 0.0634 |
| 2026 | 0.0778 | 0.0799 | 0.0912 |
| 2027 | 0.111 | 0.115 | 0.1338 |
| 2028 | 0.163 | 0.1688 | 0.1915 |
| 2029 | 0.2344 | 0.2428 | 0.28 |
| 2030 | 0.3501 | 0.3598 | 0.4123 |
In 2025, the price of Ankr is predicted to reach at least $0.0530. The Ankr price might achieve a maximum value of $0.0634, with an average trading price of $0.0545.
For 2026, Ankr’s price is forecast to reach a minimum level of $0.0778. The ANKR price could potentially reach a maximum of $0.0912, with an average forecast price of $0.0799.
Based on past price data, Ankr’s price in 2027 is forecasted to be at least $0.1110. The price could reach a maximum of $0.1338, with an average trading value of $0.1150.
In 2028, Ankr is forecast to reach a minimum level of $0.1630. The ANKR price might peak at $0.1915, with an average forecast price of $0.1688.
According to past price data, Ankr’s price in 2029 is predicted to reach a minimum of $0.2344. The price could rise to a maximum of $0.2800, with an average trading price of $0.2428.
For 2030, Ankr’s price is expected to reach a minimum value of $0.3501. The ANKR price might achieve a maximum value of $0.4123, with an average value of $0.3598.
| Firm Name | 2024 | 2025 |
| Coincodex | $0.04 | $0.137 |
| DigitalCoinPrice | $0.0677 | $0.08 |
| Changelly | $0.038 | $0.053 |
At Cryptopolitan, we are bullish on ANKR’s upcoming price targets based on its recent market fluctuations and community hype. We expect that the Ankr Network will reach a minimum level of $0.0370 in 2024. The ANKR price could hit a maximum of $0.0409, with an average price of $0.0382 throughout the year.
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