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ApeCoin Price Prediction 2024-2033: Will APE Break $3 Resistance?

ApeCoin Price Prediction 2024-2033

Will ApeCoin (APE) break the $3 resistance. The coin has already managed to break above $2.5 this month, with the market in a bull run, the coin is set to perform better. However, like most ‘meme’ tokens, APE registers high volatility.

How much is ApeCoin (APE) worth?

The current ApeCoin price is $1.23. Here are more statistics at press time:


24 Hour Trading Volume
$69 million
Price change in 24 hours2%
Market Capitalization$746 million
Circulating supply604,895,833
Maximum supply1,000,000,000

ApeCoin price analysis

TL; DR Breakdown

  • APE has lost over 30% in the last 30 days.
  • This week, it broke below the $1.25 resistance.

In 2023, APE’s decline accelerated in June, forcing it to trade below $2 multiple times. Positive market sentiment helped it hit the $1.434 mark in October; it continued rising this year, reaching a high of $2.5.

APE price analysis 1-day chart

APE’s bearish trend reversed in October 2023, rising from as low as $1.14. The ‘Bitcoin halving month’, however saw many altcoins make losses. APE for instance is down 32.70% in the last 30 days.

APE registers negative momentum this week amidst high volatility. Currently, the RSI is within the 30-70 neutral zone, which indicates the price is trending neutral.

There is no divergence within the last four candles, which is no sign of price reversal at current levels.

APE/USD 4-hour price chart

The 4-hour chart highlights ApeCoin’s movement and ‘choppiness’ through April 2024.

The MACD indicator shows the coin’s positive momentum is slowing as it remains range-bound.

What to expect from APE price analysis next?

The momentum on the charts suggests APE will remain range-bound in the short term.

Recent News

however,Kevin Hart, American actor and comedian, parted ways with his BAYC NFT selling it at 13.2ETH. At the price, the APE lost about 80% of its purchase value. The recent decline in NFT valuations has affected the entire market as the craze on the digital presentations drop. The move, however has not prevented APE from scaling higher.

ApeCoin Price Prediction 2024-2033

ApeCoin Price Prediction by Cryptopolitan

ApeCoin Price Prediction
YearMinimum Price $Average Price $Maximum Price $
20242.692.773.05
20253.833.944.51
20265.515.676.63
20277.938.169.31
202811.4111.7413.61
202916.7617.2319.67
203024.1725.0329.20
203136.5537.8142.44
203250.9552.8463.83
203373.1975.3087.99

ApeCoin Price Prediction 2024 

APE will rise above $3 at its peak to reach $3.05. It will however drop below the mark, reaching $2.69 at its worst. 

ApeCoin Price Prediction 2025

APE will trade at the $3.94 mark on average. It will rise above $4 at its peak to reach $4.51. It will however drop below the mark, reaching $3.83 at its lowest.  

ApeCoin Price Prediction 2026

APE will trade at $5.67 on average. It will rise above the 2025 resistannce at its peak to reach $6.63. It will however drop below the mark, reaching $5.51 at its worst.  

ApeCoin Price Prediction 2027

APE will trade at the $8.16 mark on average. It will however drop below the mark, reaching $7.93 at its lowest.  

ApeCoin Price Prediction 2028

APE will trade at $11.74 on average. It will rise above the previous resistance at its peak to reach $13.61. It will however drop below the mark, reaching $11.41 at its lowest.  

ApeCoin Price Prediction 2029

APE will trade at the $17.23 mark on average. It will rise to $19.67 at its peak. It will however drop below the mark, reaching $16.76 at its lowest.  

ApeCoin Price Prediction 2030

APE will trade at the $25.03 mark on average. It will rise to $29.20 at its highest. It will however drop below the mark, reaching $24.17 at its worst.  

ApeCoin Price Prediction 2031

APE will trade at the $37.81 mark on average. It will rise above $40 resistance at its peak to reach $42.44. It will however drop below the mark, reaching $36.55 at its lowest.  

ApeCoin Price Prediction 2032

APE will trade at the $52.84 mark on average. It will rise above $50 at its peak. It will however drop below the mark, reaching $63.83 at its worst.  

ApeCoin Price Prediction 2033

ApeCoin’s price will trade at the $75.33 mark on average. It will rise above $80 at its peak. It will however drop below the mark, reaching $73.19 at its lowest.  

ApeCoin Price Predictions by WalletInvestor

The platform gives ApeCoin a past performance index rating of C and adds that APE would make a bad one-year investment. It will average at $0.529 next year. The platform provides the predictions in terms of return on investment (ROI). The ROI is negative over the entire period and is in double digits. It ranges from -70% to -93% annually.

ApeCoin Price Predictions by CryptoPredictions

The site scans a coin’s exchange prices and other historical market data and analyses it to provide APE price prediction. The CryptoPredictions platform is bullish on APE. IT indicates that it will have single digit gains over the next four years, ranging between $2 and $5. The maximum price for the entire period is $5.527 while the minimum is $1.499.

ApeCoin Price Predictions by Digitalcoinprice

Digitalcoinprice ApeCoin price forecast is also bullish. The maximum price for the period 2024-2033 is 36.96. It will break the $10 resistance in 2029, and $30 in 2033. Closer home, the coin will range between $4.07 and $4.92 in 2025. In 2027 it will range between $7.29 and $8.67.

ApeCoin Predictions By Industry Experts

ApeCoin price predictions by Binance, a leading crypto exchange,is bullish on APE’s average price over the next 6 years. The coins growth is modest, with 2033 averaging at $2.56. The average will cross $2 in 2025.

ApeCoin Overview

MARKETCAPCIRCULATING SUPPLYALL-TIME LOWPOPULARITYALL-TIME HIGH
$1.1 billion604,895,833$1.00#93$39.40

ApeCoin Price History

Yuga Labs founded Apecoin to power the entire operation of their apps and services offered for them to be improved. During its laich, APE price fell to a low of $6.48 within an hour, and it remained in a sideways range between that figure and $9.35 for the rest of the afternoon. Many investors were concerned by the huge gaps in APE’s value, with several centralized exchanges claiming that ApeCoin had dropped 80%. The same discrepancy was evident after initial listings on larger exchanges. Binance for instance registered a high of $28, while Gate.io went as far as $214.

Yuga Labs has created an ecosystem where APE can be used as a governance and utility token. One example is the ‘Otherside metaverse.’

APE would proceed to register its highest price at $39.40. The lowest was at $1. Like the ApeCin, the Yuga Lab’s have NFTs have also registered high volatility, and have lost most of their initial value. 

Source: https://coinstats.app/coins/apecoin/

More on the Apecoin Network

The Bored Ape Yacht Club, long renowned for its satire and humor in trading circles, was the basis for ApeCoin, a cryptocurrency named after a well-known animal. The APE token is a governance mechanism in the APE ecosystem.APE powers the community that is cryptocurrency development at the forefront of web3.

ApeCoin cryptocurrency holders can choose the ecosystem’s path and how the DAO spends its funds. 

Many consider ApeCoin a meme token if not an excessively hyped currency. Some investors/ whales are firmly behind ApeCoin, while others believe its bubble will burst in months.

Conclusion 

APE bears testament to the unforgiving nature of the crypto market. The coin has ridden the initial wave of the NFT markets and experienced multiple bullish and bear runs. A consistent trend is its volatility. Despite these factors, APE has provided utility to the Yuga Labs family meaning it is much less of a meme token. This year, its has shown consistency moving along the market sentiment rather than internal factors. As the year proceeds it might as well trade higher provided the market does not reverse.

Future projections are bullish with the coin crossing above $10 in 2028 and $80 by 2033. Will APE crush? APE has proved volatile, while it might crush, it will recover to its former glory in preceding bull markets. The growth of the Yuga Labs ecosystem will also be integral in determining its future performance. Remember to include own research before putting your money into APE.

FAQs

What is the current ApeCoin sentiment?

The current ApeCoin sentiment is bullish, according to our technical analysis. The majority of technical indicators are showing buy.

How do I predict cryptocurrency prices?

You can predict cryptocurrency prices by considering both on-chain and off-chain metrics, as well as technical indicators that take into account ApeCoin’s past price performance. You can also gauge the market sentiment to see whether investors are optimistic or pessimistic about ApeCoin. However, there is no way to predict the future with 100% success, and past performance is no guarantee of future results.

Is it profitable to invest in ApeCoin?

According to our historical data and technical analysis, it is currently profitable to invest in ApeCoin. This is a suggestion, not investment advice.

What is the ApeCoin death cross and golden cross?

The ApeCoin death cross happens when ApeCoin’s 50-day SMA falls below the 200-day SMA. Traders usually interpret a death cross as a bearish signal for future price action, but the actual usefulness of this metric is controversial. The ApeCoin golden cross, on the other hand, is generally interpreted as bullish and happens when the 50-day SMA rises above the 200-day SMA.

Some traders use different moving averages than the 50-day and 200-day SMAs to define death crosses and golden crosses. However, all definitions include a short-term SMA crossing above or falling below a long-term SMA.

What is the Fear & Greed Index and what does it indicate?

The Fear & Greed Index indicated the current sentiment of the market, as follows: 0-24 extreme fear, 25-49 fear, 50 neutral, 51-75 greed, 76-100 extreme greed. Some traders interpret a prevalent negative sentiment as a good buying opportunity, while a prevalent positive sentiment can be a good opportunity to sell. The Fear & Greed index is calculated using various metrics, including price volatility, trading volume, social media sentiment, and more.

What was the highest price of ApeCoin?

ApeCoin hit its all-time high of $39.40 on March 17, 2022.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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Brian Koome

Brian Koome is a cryptocurrency enthusiast who has been involved with blockchain projects since 2017. He enjoys discussions that revolve around innovative technologies and their implications for the future of humanity.

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