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Cryptopolitan 2024-12-24 15:23:46

ApeCoin price prediction 2024-2030: APE breaks key support

Key takeaways: Our ApeCoin price predictions anticipate a high of $1.75 before the end of 2024. In 2025, it will range between $1.71 and $2.03, with an average price of $1.76. In 2030, it will range between $10.60 and $12.93, with an average price of $10.98. 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. 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 price $1.27 Market cap $955.13M Trading volume $152.8M Circulating supply 752.65M All-time high $39.40 on Mar 17, 2022 All-time low $0.4826 on Aug 5, 2024 24-hour high $1.27 24-hour low $1.14 APE price prediction: Technical analysis Metric Value Volatility (30-day variation) 15.38% 50-day SMA $1.34 200-day SMA $0.95 Sentiment Neutral Fear and Greed Index 73 (Greed) Green days 18/30 (60%) APE price analysis As of the time of writing (December 24), APE’s price had risen by 9.99%, trading at approximately $1.27. The cryptocurrency’s trading volume rose by 0.54% in 24 hours. APE/USD 1-day chart analysis APE/USD 1-day price chart APE had consistently dropped from the year’s high up until the launch of Apechain in October. Later, it rose above $2 in December, reaching a high of $2.17, after which it started correcting. It now trades at the $1.30 mark. The MACD histogram shows the price is experiencing negative momentum as it continues to drop. The William Alligator trendlines show rising market volatility. APE/USD 4-hour chart analysis APE/USD 4-hour chart The 4-hour chart highlights APE’s drop after it peaked at $2.17. Lately, it registered positive momentum along the moving averages, a telltale sign of price consolidation. APE technical analysis: Levels and action Daily simple moving average (SMA) Period Value ($) Action SMA 3 1.3795 SELL SMA 5 1.3264 SELL SMA 10 1.3779 SELL SMA 21 1.5492 SELL SMA 50 1.3369 SELL SMA 100 1.1018 SELL SMA 200 0.9528 SELL Daily exponential moving average (EMA) Period Value ($) Action EMA 3 1.3418 SELL EMA 5 1.4062 SELL EMA 10 1.4858 SELL EMA 21 1.5050 SELL EMA 50 1.3656 SELL EMA 100 1.1957 BUY EMA 200 1.1342 BUY What to expect from APE price analysis next? APE price analysis shows the market has been neutral despite registering negative momentum in recent days, meaning the bears are still in control. Why is APE up? APE has traded in a high Fibonacci over the last 30 days. The rise could be attributed to the wider market sentiment and the launch of Apechain. Will APE reach $10? Per our Cryptopolitan price prediction, APE will break above $10 in 2030. 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. At such a valuation, APE will be more valuable than the USDT stablecoin, which is more of a ‘household’ cryptocurrency. Will APE reach $1000? It is unlikely that the APE price will reach $1000 before 2030. Is APE a good investment? 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 With the launch of ApeChain, APE proceeded to pump by over 100% accompanied by the launch of new projects such as Donkey Dash, Ape Express, Battle Plan, and the Ape Portal. Apecoin price predictions December 2024 APE finally broke the $1.4 resistance that had held strong earlier in the year. The APE December price prediction ranges between $1.25 and $1.47, with an average of $1.75. Month Potential low ($) Potential average ($) Potential high ($) December 1.25 1.47 1.75 APE price prediction 2024 For the last quarter of 2024, APE’s price will range between $1.25 and $1.75. The average price for the year will be $1.47. Year Potential low ($) Potential average ($) Potential high ($) 2024 1.25 1.47 1.75 APE price prediction 2025 – 2030 Year Potential low ($) Potential average ($) Potential high ($) 2025 1.71 1.76 2.03 2026 2.54 2.61 3.01 2027 3.45 3.58 4.33 2028 4.87 5.05 5.97 2029 7.35 7.56 8.47 2030 10.60 10.98 12.93 Apecoin price prediction 2025 APE will trade higher in 2025, ranging between $1.71 and $2.03. The average price for the year will be $1.76. Apecoin price prediction 2026 The year 2026 will experience bullish momentum. According to the APE price prediction, it will range between $2.54 and $3.01, with an average price of $2.61. APE price prediction 2027 The Apecoin price forecast climbs even higher in 2027. According to the prediction, it will range between $3.45 and $4.33, with an average trading price of $3.58. APE price prediction 2028 According to our APE prediction, the price of APE will range between a minimum of $4.87 and a maximum of $5.97. It will average at $5.05. Apecoin price prediction 2029 According to our APE price prediction for 2029, the price will reach a maximum of $8.47 and a minimum price of $7.35, with an annual average of $7.56. APE prediction 2030 The ApeCoin price prediction for 2030 indicates a price range of $10.60 to $12.93 and an average price of $10.98. Apecoin price prediction 2024-2030 APE market price prediction: Analysts APE price forecast Firm 2024 2025 2026 Digitalcoinprice $3.13 $3.53 $4.89 Gate.io $1.47 $1.56 $1.93 Changelly $1.29 $1.85 $2.66 Cryptopolitan’s APE price predictions Our predictions show APE will achieve a high of $1.75 in the last quarter of 2024. In 2025, it will range between $1.71 and $2.03, with an average price of $1.76. In 2030, it will range between $10.60 and $12.93, with an average price of $10.98. Note the predictions are not investment advice. Seek independent professional consultation or do your own research. APE historic price sentiment APE price history chart: Source CoinStats 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. It crossed into August trading at $0.71. In September it rose to $0.87, but later corrected falling to the $0.67 mark in October. After the launch of the Apechain, APE pumped rising above $1 in November and peaked at $2.11 in early December.

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