Tuesday, November 29, 2022
 

Apecoin (APE) Price Prediction: Will APE Reach $25 in 2022?

  • Bullish APE price prediction ranges from $7.510 to $23.719.
  • APE price might also reach $25 this 2022.
  • APE’s bearish market price prediction for 2022 is $3.196.

Apecoin (APE) is an Ethereum-based token that was launched in March 2022. It is a platform for collectibles, entertainment, gaming, content, and non-fungible tokens (NFTs). It is one of the projects that is pioneering the development of Web3.

Apecoin investors are bullish on the token since it has a return on investment (ROI) of over 4 times in the past 5 months. The crypto bubble of 2021 encouraged more new projects to come in 2022. However, irrespective of the recent crypto winter, early investors in APE are still in gain. Its present all-time high (ATH) of $39.40 was attained in March 2022. Investors are confident that the future of APE is bullish.

If you are interested in the future of Apecoin (APE) and would want to know the price analysis and price prediction of APE for 2022, 2023, 2024, 2025, 2026, and up to 2030, keep reading this Coin Edition article.

What is Apecoin (APE)?

Apecoin (APE) was launched on March 17th, 2022 by the team behind the Bored Ape Yacht Club that inspired the creation of the Yuga Labs.

APE is the Ethereum-based token used in the Apecoin ecosystem to build a culture of arts, entertainment, non-fungible tokens (NFTs), and next projects. The APE token helps in driving the Apecoin ecosystem into the metaverse as a decentralized protocol layer that is powered by its community.

The presence of the Apecoin Ecosystem Fund is to provide the resources that are needed the run the expenses of the APE Foundation. The fund is a multisig wallet that ensures more security as instructed by the Apecoin DAO. 

The Apecoin DAO is an infrastructure that ensures that APE token holders contribute to the policy and governance decisions of the Apecoin Foundation.

Apecoin (APE) Current Market Status

The maximum supply of Apecoin (APE) is 1,000,000,000 APE while its circulating supply is 306,875,000 APE according to CoinMarketCap. At the time of writing, APE is trading at $4.94, representing a 24 hours decrease of 5.28%. The trading volume of Apecoin in the past 24 hours is $252.9 million which represents a 17.45% decrease.

Some of the top cryptocurrencies for trading Apecoin (APE) are Binance, Huobi Global, Kucoin, Coinbase, Gate.io, and others.

Now that you have known what APE is and its current market status, we shall discuss the price analysis of Apecoin (APE) for 2022.

Apecoin (APE) Price Analysis 2022

Currently, APE is ranked in the 35th position on CoinMarketCap. Will developments and upgrades within the Apecoin community lead to rising in the price of Apecoin (APE)? We shall see in this Coin Edition price analysis 2022 article.

Apecoin (APE) Price Analysis- Keltner Channel

E/USDT 1Day Chart Showing Keltner Channel
APE/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)

Keltner Channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for Apecoin (APE), it could be seen that the present bullish run could continue since the recent candlesticks are within the first half of the chart from the bottom. Also, since the last candlestick is bullish, the present increase in the price of APE might be sustained before any reversal would be expected.

Apecoin (APE) Price Analysis- Relative Strength Index

PE/USDT 1Day Chart Showing Relative Strength Index
APE/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)

The Relative Strength Index (RSI) is a technical analysis indicator that measures the relative momentum in the magnitude and speed of recent price changes of an asset to deduce if it is an oversold or overbought asset. The RSI value of 3pecoin (APE) 1day chart of APE/USDT is at 33.71.  This shows that APE is showing a weak trend between 50 and 50. This value could trigger a further bullish run if more buyers could be attracted to gain from the expected price increase to the 50 RSI value, which is the vital trend region.

Apecoin (APE) Price Prediction-Moving Averages

APE/USDT 1Day Chart Showing 150-MA and 50-MA (Source: Tradingview)
APE/USDT 1Day Chart Showing 150-MA and 50-MA (Source: Tradingview)

The chart above shows the 1Day chart of APE 150-day and 50-day Moving Average (MA). Presently, APE is on a bullish trend as indicated in the recent uptrend. Since the 150-MA is below the 50-MA, we can deduce the price is bullish for short-term hodlers. 

Also, since the gap between the moving averages is wide and within the recently formed candlesticks, the price of Apecoin (APE) might experience a big rise or fall in the future.

Apecoin (APE) Price Prediction 2022

APE/USDT 1Day Chart (Source: Tradingview)

From the chart above, we can observe that the price of Apecoin (APE) was ranging between $9.470 at the resistance2 level and $7.510 at the resistance1 level, in the past few weeks, and then touched the $3.19 support2 level and $4.69 support1 level. 

Irrespective of this sideways movement in the price of APE, we can deduce the following:

  1. The price of Apecoin (APE) is expected to reverse at the $7.510 resistance1 level, due to the history at that price in May 2022. If investors have their way, the price of APE could surge higher to the $9.47 resistance2 level before reversing, due to the formation of a double top.
  2. The reversal at the resistance 1 level, could lead to a further decrease in the price of APE up to the support2 level at $3.196 until a triple bottom is formed. This could lead to a bullish reversal.

Meanwhile, our long-term APE price prediction for 2022 is bullish since it might break many psychological resistances. We can expect APE to reach $25 this year.

Apecoin (APE) Price Prediction-Resistance and Support Levels

APE/USDT 1Day Chart (Source: Tradingview)
APE/USDT 1Day Chart (Source: Tradingview)

This bullish chart shows that the price of APE has decreased by 28.2% in the past 14 days. If this price increase reverses, APE could break the $7.510 resistance1 level and move higher to $23.719 at the resistance5 level, and even higher, the bullish signal for 2022.

However, if sellers have their way, the price of APE might be dethroned from its present uptrend position. In simpler terms, APE might trend below the $3.196 support2 level, and even lower in 2022, a bearish signal.

Apecoin (APE) Price Prediction 2023

Apecoin (APE) might hit $40 in 2023 if this bullish trend continues. Moreover, in the first half of 2023, the price of APE will see rapid growth to $30. The growth will thereafter moderate, but no significant drops are predicted. By upgrading burning rewards, investors could burn more APE thereby reducing its volume in circulation. This could make the price of APE reach $40 shortly.

Apecoin (APE) Price Prediction 2024

Apecoin (APE) price could hold the support level around 150-MA, the long-term moving average of 150 days firmly, buyers will then have ample time and stability to forge the next attack mission on the vital level at $60, making it not plummet but play consistently. Additionally, this could only be possible if APE breaks through past psychological resistance levels.

Apecoin (APE) Price Prediction 2025

Apecoin (APE) prices might grow past $80 during the next three years. Furthermore, hitting this level might not be so challenging for APE due to new medium, short-term, and long-term price objectives for purchase or sell orders, which may be discovered. According to the forecast, APE has a strong chance of reaching a new all-time high (ATH) price.

Apecoin (APE) Price Prediction 2026

Apecoin (APE) prices might grow past $100 during the next four years. Furthermore, hitting this level might not be so challenging for APE due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, APE has a strong chance of reaching a new all-time high (ATH) price.

Apecoin (APE) Price Prediction 2027

Apecoin (APE) prices might grow past $120 during the next five years. Furthermore, hitting this level might not be so challenging for APE due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, APE has a strong chance of reaching a new all-time high (ATH) price.

Apecoin (APE) Price Prediction 2028

Apecoin (APE) prices might grow past $140 during the next six years. Furthermore, hitting this level might not be so harsh for APE due to the new medium, short-term, and long-term price objectives for purchase or sell orders, which may be discovered. According to the forecast, APE has a strong chance of reaching a new all-time high (ATH) price.

Apecoin (APE) Price Prediction 2029

Apecoin (APE) prices might grow past $160 during the next seven years. Furthermore, hitting this level might not be so challenging for APE due to the new medium, short-term, and long-term price objectives for purchase or sell orders, which may be discovered. According to the forecast, APE has a strong chance of reaching a new all-time high (ATH) price.

Apecoin (APE) Price Prediction 2030

Apecoin (APE) prices might grow past $180 during the next eight years. Furthermore, hitting this level might not be so tough for APE due to the new medium, short-term, and long-term price objectives for purchase or sell orders that may be discovered. According to the forecast, APE has a strong chance of reaching a new all-time high (ATH) price.

Conclusion

As said above, Apecoin might reach $25 in 2022 and $180 by 2030 if investors have decided that APE is a good investment along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

What is Apecoin (APE)?

Apecoin (APE) is the native token of the Apecoin ecosystem.

How to buy APE Token?

Like other cryptocurrencies, Apecoin (APE) can be traded in cryptocurrency exchanges like Binance, Huobi Global, Kucoin, Gate.io, Kraken, and others.

Will Apecoin surpass its present ATH?

Apecoin (APE) has a low possibility of surpassing its present all-time high (ATH) price of $39.40 in 2022.

When was Apecoin (APE) launched?

It was launched in March 2022.

What will be the Apecoin (APE) price by 2023?

Apecoin (APE) price is expected to reach $40 by 2023.

What will be the Apecoin (APE) price by 2024?

Apecoin (APE) price is expected to reach $60 by 2024.

What will be the Apecoin (APE) price by 2025?

Apecoin (APE) price is expected to reach $80 by 2025.

What will be the Apecoin (APE) price by 2026?

Apecoin (APE) price is expected to reach $100 by 2026.

What will be the Apecoin (APE) price by 2027?

Apecoin (APE) price is expected to reach $120 by 2027.

What will be the Apecoin (APE) price by 2028?

Apecoin (APE) price is expected to reach $140 by 2028.

What will be the Apecoin (APE) price by 2029?

Apecoin (APE) price is expected to reach $160 by 2029.

What will be the Apecoin (APE) price by 2030?

Apecoin (APE) price is expected to reach $180 by 2030.

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 own 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.

More Crypto Price Predictions:

  • Bullish APE price prediction ranges from $7.510 to $23.719.
  • APE price might also reach $25 this 2022.
  • APE’s bearish market price prediction for 2022 is $3.196.

Apecoin (APE) is an Ethereum-based token that was launched in March 2022. It is a platform for collectibles, entertainment, gaming, content, and non-fungible tokens (NFTs). It is one of the projects that is pioneering the development of Web3.

Apecoin investors are bullish on the token since it has a return on investment (ROI) of over 4 times in the past 5 months. The crypto bubble of 2021 encouraged more new projects to come in 2022. However, irrespective of the recent crypto winter, early investors in APE are still in gain. Its present all-time high (ATH) of $39.40 was attained in March 2022. Investors are confident that the future of APE is bullish.

If you are interested in the future of Apecoin (APE) and would want to know the price analysis and price prediction of APE for 2022, 2023, 2024, 2025, 2026, and up to 2030, keep reading this Coin Edition article.

What is Apecoin (APE)?

Apecoin (APE) was launched on March 17th, 2022 by the team behind the Bored Ape Yacht Club that inspired the creation of the Yuga Labs.

APE is the Ethereum-based token used in the Apecoin ecosystem to build a culture of arts, entertainment, non-fungible tokens (NFTs), and next projects. The APE token helps in driving the Apecoin ecosystem into the metaverse as a decentralized protocol layer that is powered by its community.

The presence of the Apecoin Ecosystem Fund is to provide the resources that are needed the run the expenses of the APE Foundation. The fund is a multisig wallet that ensures more security as instructed by the Apecoin DAO. 

The Apecoin DAO is an infrastructure that ensures that APE token holders contribute to the policy and governance decisions of the Apecoin Foundation.

Apecoin (APE) Current Market Status

The maximum supply of Apecoin (APE) is 1,000,000,000 APE while its circulating supply is 306,875,000 APE according to CoinMarketCap. At the time of writing, APE is trading at $4.94, representing a 24 hours decrease of 5.28%. The trading volume of Apecoin in the past 24 hours is $252.9 million which represents a 17.45% decrease.

Some of the top cryptocurrencies for trading Apecoin (APE) are Binance, Huobi Global, Kucoin, Coinbase, Gate.io, and others.

Now that you have known what APE is and its current market status, we shall discuss the price analysis of Apecoin (APE) for 2022.

Apecoin (APE) Price Analysis 2022

Currently, APE is ranked in the 35th position on CoinMarketCap. Will developments and upgrades within the Apecoin community lead to rising in the price of Apecoin (APE)? We shall see in this Coin Edition price analysis 2022 article.

Apecoin (APE) Price Analysis- Keltner Channel

E/USDT 1Day Chart Showing Keltner Channel
APE/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)

Keltner Channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for Apecoin (APE), it could be seen that the present bullish run could continue since the recent candlesticks are within the first half of the chart from the bottom. Also, since the last candlestick is bullish, the present increase in the price of APE might be sustained before any reversal would be expected.

Apecoin (APE) Price Analysis- Relative Strength Index

PE/USDT 1Day Chart Showing Relative Strength Index
APE/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)

The Relative Strength Index (RSI) is a technical analysis indicator that measures the relative momentum in the magnitude and speed of recent price changes of an asset to deduce if it is an oversold or overbought asset. The RSI value of 3pecoin (APE) 1day chart of APE/USDT is at 33.71.  This shows that APE is showing a weak trend between 50 and 50. This value could trigger a further bullish run if more buyers could be attracted to gain from the expected price increase to the 50 RSI value, which is the vital trend region.

Apecoin (APE) Price Prediction-Moving Averages

APE/USDT 1Day Chart Showing 150-MA and 50-MA (Source: Tradingview)
APE/USDT 1Day Chart Showing 150-MA and 50-MA (Source: Tradingview)

The chart above shows the 1Day chart of APE 150-day and 50-day Moving Average (MA). Presently, APE is on a bullish trend as indicated in the recent uptrend. Since the 150-MA is below the 50-MA, we can deduce the price is bullish for short-term hodlers. 

Also, since the gap between the moving averages is wide and within the recently formed candlesticks, the price of Apecoin (APE) might experience a big rise or fall in the future.

Apecoin (APE) Price Prediction 2022

APE/USDT 1Day Chart (Source: Tradingview)

From the chart above, we can observe that the price of Apecoin (APE) was ranging between $9.470 at the resistance2 level and $7.510 at the resistance1 level, in the past few weeks, and then touched the $3.19 support2 level and $4.69 support1 level. 

Irrespective of this sideways movement in the price of APE, we can deduce the following:

  1. The price of Apecoin (APE) is expected to reverse at the $7.510 resistance1 level, due to the history at that price in May 2022. If investors have their way, the price of APE could surge higher to the $9.47 resistance2 level before reversing, due to the formation of a double top.
  2. The reversal at the resistance 1 level, could lead to a further decrease in the price of APE up to the support2 level at $3.196 until a triple bottom is formed. This could lead to a bullish reversal.

Meanwhile, our long-term APE price prediction for 2022 is bullish since it might break many psychological resistances. We can expect APE to reach $25 this year.

Apecoin (APE) Price Prediction-Resistance and Support Levels

APE/USDT 1Day Chart (Source: Tradingview)
APE/USDT 1Day Chart (Source: Tradingview)

This bullish chart shows that the price of APE has decreased by 28.2% in the past 14 days. If this price increase reverses, APE could break the $7.510 resistance1 level and move higher to $23.719 at the resistance5 level, and even higher, the bullish signal for 2022.

However, if sellers have their way, the price of APE might be dethroned from its present uptrend position. In simpler terms, APE might trend below the $3.196 support2 level, and even lower in 2022, a bearish signal.

Apecoin (APE) Price Prediction 2023

Apecoin (APE) might hit $40 in 2023 if this bullish trend continues. Moreover, in the first half of 2023, the price of APE will see rapid growth to $30. The growth will thereafter moderate, but no significant drops are predicted. By upgrading burning rewards, investors could burn more APE thereby reducing its volume in circulation. This could make the price of APE reach $40 shortly.

Apecoin (APE) Price Prediction 2024

Apecoin (APE) price could hold the support level around 150-MA, the long-term moving average of 150 days firmly, buyers will then have ample time and stability to forge the next attack mission on the vital level at $60, making it not plummet but play consistently. Additionally, this could only be possible if APE breaks through past psychological resistance levels.

Apecoin (APE) Price Prediction 2025

Apecoin (APE) prices might grow past $80 during the next three years. Furthermore, hitting this level might not be so challenging for APE due to new medium, short-term, and long-term price objectives for purchase or sell orders, which may be discovered. According to the forecast, APE has a strong chance of reaching a new all-time high (ATH) price.

Apecoin (APE) Price Prediction 2026

Apecoin (APE) prices might grow past $100 during the next four years. Furthermore, hitting this level might not be so challenging for APE due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, APE has a strong chance of reaching a new all-time high (ATH) price.

Apecoin (APE) Price Prediction 2027

Apecoin (APE) prices might grow past $120 during the next five years. Furthermore, hitting this level might not be so challenging for APE due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, APE has a strong chance of reaching a new all-time high (ATH) price.

Apecoin (APE) Price Prediction 2028

Apecoin (APE) prices might grow past $140 during the next six years. Furthermore, hitting this level might not be so harsh for APE due to the new medium, short-term, and long-term price objectives for purchase or sell orders, which may be discovered. According to the forecast, APE has a strong chance of reaching a new all-time high (ATH) price.

Apecoin (APE) Price Prediction 2029

Apecoin (APE) prices might grow past $160 during the next seven years. Furthermore, hitting this level might not be so challenging for APE due to the new medium, short-term, and long-term price objectives for purchase or sell orders, which may be discovered. According to the forecast, APE has a strong chance of reaching a new all-time high (ATH) price.

Apecoin (APE) Price Prediction 2030

Apecoin (APE) prices might grow past $180 during the next eight years. Furthermore, hitting this level might not be so tough for APE due to the new medium, short-term, and long-term price objectives for purchase or sell orders that may be discovered. According to the forecast, APE has a strong chance of reaching a new all-time high (ATH) price.

Conclusion

As said above, Apecoin might reach $25 in 2022 and $180 by 2030 if investors have decided that APE is a good investment along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

What is Apecoin (APE)?

Apecoin (APE) is the native token of the Apecoin ecosystem.

How to buy APE Token?

Like other cryptocurrencies, Apecoin (APE) can be traded in cryptocurrency exchanges like Binance, Huobi Global, Kucoin, Gate.io, Kraken, and others.

Will Apecoin surpass its present ATH?

Apecoin (APE) has a low possibility of surpassing its present all-time high (ATH) price of $39.40 in 2022.

When was Apecoin (APE) launched?

It was launched in March 2022.

What will be the Apecoin (APE) price by 2023?

Apecoin (APE) price is expected to reach $40 by 2023.

What will be the Apecoin (APE) price by 2024?

Apecoin (APE) price is expected to reach $60 by 2024.

What will be the Apecoin (APE) price by 2025?

Apecoin (APE) price is expected to reach $80 by 2025.

What will be the Apecoin (APE) price by 2026?

Apecoin (APE) price is expected to reach $100 by 2026.

What will be the Apecoin (APE) price by 2027?

Apecoin (APE) price is expected to reach $120 by 2027.

What will be the Apecoin (APE) price by 2028?

Apecoin (APE) price is expected to reach $140 by 2028.

What will be the Apecoin (APE) price by 2029?

Apecoin (APE) price is expected to reach $160 by 2029.

What will be the Apecoin (APE) price by 2030?

Apecoin (APE) price is expected to reach $180 by 2030.

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 own 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.

More Crypto Price Predictions:

 

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