Akropolis (AKRO) Price Prediction 2023-2030: Will AKRO Price Hit $ 0.085 Soon?

• Bullish Akropolis (AKRO) price prediction ranges from $0.06 to $0.09.
• Analysis suggests that the AKRO price might reach above $0.085.
• The AKRO bearish market price prediction for 2023 is $0.00340.

What is Akropolis (AKRO)?

Akropolis is an Ethereum-based decentralized finance protocol. Akropolis aims to provide an autonomous financial ecosystem that could be used for saving and growing wealth, including through borrowing and lending. 

In aid of this, the platform offers a series of products including AkropolisOS, a framework for developing for-profit decentralized autonomous organizations. Further, it offers Sparta, a platform for uncollateralized lending, and Delphi, a yield farming aggregator and tool for dollar-cost averaging. AKRO is the protocol governance ERC 20 token used across its suite of products. 

Akropoli was founded in 2017 by Ana Andrianova, with Kate Kurbanova joining later as a co-founder. AKRO’s on-chain transactions are validated on the Ethereum blockchain‘s proof-of-work consensus. 

Akropolis (AKRO) Market Overview

Akropolis (AKRO) Current Market Status

The maximum supply of Akropolis (AKRO) is 5,000,000,000 AKRO, while its circulating supply is 4,366,049,675 AKRO, according to CoinMarketCap. At the time of writing, AKRO is trading at $0.0175 representing 24 hours decrease of 9.57%. The trading volume of AKRO in the past 24 hours is $61,031,715 which represents a 25.22% decrease.

Some top cryptocurrency exchanges for trading AKRO are Huobi Global, Binance, MXC.COM, KuCoin, and Uniswap (V2). 

Now that you know AKRO and its current market status, we shall discuss the price analysis of  Akropolis (AKRO) for 2023.

Akropolis (AKRO) Price Analysis 2023

Will the AKRO blockchain’s most recent improvements, additions, and modifications help its price rise? Moreover, will the changes in the payment and crypto industry affect AKRO‘s sentiment over time? Read more to find out about AKRO’s  2023 price analysis.

Akropolis (AKRO) Price Analysis – Bollinger Bands

The Bollinger bands are a type of price envelope developed by John Bollinger. It gives a range with an upper and lower limit for the price to fluctuate. The Bollinger bands work on the principle of standard deviation and period (time). 

The upper band as shown in the chart is calculated by adding two times the standard deviation to the Simple Moving Average while the lower band is calculated by subtracting two times the standard deviation from the Simple Moving Average.

Currently, we can see that AKRO is increasing exponentially. It has been rising since late July. Moreover, it has been rising while hugging the upper Bollinger band. This shows that although the token was overbought, the buying has not reduced, hence, the price of the token kept going up. However, at press time there could be spotted a large candlestick. This could be the start of a downtrend. If AKRO starts to crash down, then, the crash could be huge. 

The above chart shows the Bollinger Band super V2 trend indicator denoting the uptrend by green highlight. Although there were some small patches of green development for AKRO, this is the biggest green or uptrend patch for AKRO. Moreover, the Bollinger bandwidth percentile indicator shows that the Bollinger bands have expanded to the maximum with the red bars. As such, the bands could contract and there could be less volatility in the future for AKRO. 

Akropolis (AKRO) Price Analysis- Relative Strength Index 

The Relative Strength Index is an indicator that is used to measure whether the price of a cryptocurrency is over or undervalued. For this purpose, it has two extreme regions known as the overbought and oversold regions. 

When the RSI reads a value (>70) then the crypto is overbought, which means that due to more buying the demand has increased as such the price has also increased. On the other hand, when it is oversold, many are selling, as such, its price is undervalued. 

The RSI value for AKRO is currently reading a value of 74.25 and it is extremely overbought and the market may correct the price in the near future. However, the formation of the red candlestick near the upper band could be the starting phase of the correction for AKRO. Hence, as mentioned above, if this is the beginning of the correction phase, then we will see AKRO lose value and the RSI moves downwards. However, in the event that the AKRO loses value and the RSI keeps on rising, then a bullish divergence could occur. This means that AKRO will keep on increasing in value.  

When looking at the chart above, we can see that the AKRO has risen above the crossover overbought. However, as explained in the previous section, since AKRO has touched the upper Bollinger band, there is a high chance that AKRO may retrace. If this above-stated hypothesis happens, then, AKRO may seek support at the crossunder overbought level. However, if the above-stated support level doesn’t hold AKRO, then, it may reach the bull zone. 

Akropolis (AKRO) Price Analysis- Moving Average 

The exponential moving average is not much different from the simple moving average. The EMA gives more weightage to the present prices while the SMA equally distributes the values to the frequency. Hence, when the EMA is plotted in the graph it gives a rough idea about how the cryptocurrency has been performing in the past. 

Moreover, the 50-day EMA is considered the short-term length, and the 200-day EMA is considered the long-term.  Whenever the 50-day EMA crosses the 200-day EMA from below it is called a Golden cross, while if it crosses from above, then it is a death cross. However, in this case, we will be using the 50-day EMA as the long-term length and the 10-day EMA as the short-term length. 

Currently, we can see that AKRO has risen above both EMAs. Hence, AKRO could be considered as bullish. However, in the event, that there is selling pressure building for AKRO, then it may seek the assistance of the 50-day EMA as support.  But, if the 50-day EMA is not able to hold the price from falling, then, we may see AKRO looking for support at the 200-day EMA. 

Akropolis (AKRO) Price Prediction 2023-2030 Overview

Akropolis (AKRO) Price Prediction 2023

When looking at the chart above, we can notice an exponential increase for AKRO. However, since it has touched the upper Bollinger band and has also been deemed as overbought by the RSI, there is a high chance that AKRO could seek support in the future. If the above-stated happens, then we may see AKRO reach out for Support at $0.01092. Nonetheless, if Support is denied at the above-mentioned level, then, AKRO may seek assistance from the $0.00339 level. 

Additionally, the fixed range volume profile shows that there is more trading activity in the downward direction rather than the upward direction. As such, it could test the Point of control close to $0.00510. 

On the flip side, if AKRO is to continue its exponential growth further, then we might see it reach $0.08352 after breaking the $0.06 level. Moreover, this assumption is based on the previous observation where AKRO rose from the same price level to the price level mentioned above. However, if the buyers are persistent, then there is a high chance that AKRO could go past the $0.0835 level. 

Akropolis (AKRO) Price Prediction – Resistance and Support Levels

When considering the behavior of AKRO, we could see that from November 2020 to April 2021, the token rose. However, following this abrupt rise, AKRO started to crash and it landed on the 4:1 Gann line and started rising again for a short period. However, come November 2021, the token started to crash and landed on $0.00266 for support. Ever since the token received support from the above mentioned support level, it has been moving sideways. 

Nonetheless, AKRO is currently rising towards the 3:1 Gann line. If this exponential rise of AKRO is continuos, we may see AKRO rise above the 3:1 Gann fan line.  

Akropolis (AKRO) Price Prediction 2024 

There will be Bitcoin halving in 2024, and hence we should expect a positive trend in the market due to user sentiments and the quest by investors to accumulate more of the coin. However, the year of BTC halving didn’t yield the maximum for AKRO based on the previous halving. Hence, we could expect AKRO to trade at a price, not below $0.1101 by the end of 2024.

Akropolis (AKRO) Price Prediction 2025

AKRO  may experience the after-effects of the Bitcoin halving and is expected to trade much higher than its 2024 price. Many trade analysts speculate that BTC halving could create a huge impact on the crypto market. Moreover, similar to many altcoins, AKRO will continue to rise in 2025 forming new resistance levels. It is expected that AKRO will trade beyond the $0.1950 level.

Akropolis (AKRO) Price Prediction 2026

It is expected that after a long period of bull run, the bears will come into power and start negatively impacting the cryptocurrencies. During this bearish sentiment, AKRO could tumble into its support regions. During this period of price correction, AKRO could lose momentum and be way below its 2025 price. As such, it could be trading at $0.1260 by 2026. 

Akropolis (AKRO) Price Prediction 2027

Naturally, traders expect a bullish market sentiment after the crypto industry was affected negatively by the bears’ claw. Moreover, the build-up to the next Bitcoin halving in 2028 could evoke excitement in traders. However, there’ll be a dip in price before the excitement will be reciprocated in AKRO. As such, we could expect AKRO to trade at around $0.1650 by the end of 2027. 

Akropolis (AKRO) Price Prediction 2028

As the crypto community’s hope will be re-ignited looking forward to Bitcoin halving like many altcoins, AKRO  may reciprocate its past behavior during the BTC halving. Hence, AKRO would be trading at $0.1900 after experiencing a considerable surge by the end of 2028. 

Akropolis (AKRO) Price Prediction 2029

2029 is expected to be another bull run due to the aftermath of the BTC halving. However, traders speculate that the crypto market will gradually become stable by this year. In tandem with the stable market sentiment, AKRO could be trading at $0.2700 by the end of 2029.

Akropolis (AKRO) Price Prediction 2030

After witnessing a bullish run in the market, AKRO and many altcoins would show signs of consolidation and might trade sideways and move downwards for some time while experiencing minor spikes. Therefore, by the end of 2030, AKRO could be trading at $0.2613

Akropolis (AKRO) Price Prediction 2040

The long-term forecast for AKRO  indicates that this altcoin could reach a new all-time high(ATH). This would be one of the key moments as HODLERS may expect to sell some of their tokens at the ATH point. 

If they start selling then AKRO  could fall in value. It is expected that the average price of AKRO could reach $0.4981 by 2040.

Akropolis (AKRO) Price Prediction 2050

Since Cryptocurrency will be revered and widely accepted by most people during the 2050s, we will see the masses believe more in it. As such AKRO could reach $0.7326.

Conclusion

If investors continue showing their interest in AKRO and add these tokens to their portfolio, it could continue to rise. AKRO’s bullish price prediction shows that it could reach the $0.0835 level.

FAQ

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.