Ankr Network
Price Prediction
Ankr Network, ANKR could hit $0.1 in 2024
Ankr Network’s price prediction for the most bearish scenario will value ANKR at $0.037 in 2024.
Ankr Network’s previous All Time High was on 16 April 2021 where ANKR was priced at $0.21.
Ankr Network’s price at the same time last week was $0.042. It has moved by 9.74 % in the past week and is currently at $0.046. Infact, in the past 24 hours, ANKR has pumped by 7.40 %. There is a slight bullish sentiment in the crypto market. The long term sentiment, however, remains bullish and ANKR could hit $0.21 in 2025.
The total circulating supply of Ankr Network as of writing this article was $10,000,000,000 and the marketcap of ANKR remains at $467,695,911
Disclaimer
For some coins with little to no data points and inexistent historical data the model by default will show a positive price prediction. There is no way for our AI bot to decipher whitepaper, tokenomics and team integrity. The coin's price that you are about to see below can fall drastically depending on many factors, so please invest wisely after checking the team and project's whitepaper. This current price prediction is done by a machine crunching numbers and the model is still in the early beta stages. It should strictly not be taken as an investment advice. Although the best engineers are currently tweaking and updating the algorithm, no human has verified the price predicted below, so please use your discretion and make a decision wisely.
ANKR price prediction: Key highlights
1. Primary support and resistance levels
- An examination of the weekly chart revealed that the lowest support level was established at$0.018.
- Meanwhile, the highest resistance level is expected to be at$0.120.
2. Market sentiment
- The dominant market sentiment is seen to bebullish in April 2024.
3. Predictive forecasts
- Based on our AI/ML predictive models, the average price of ANKR is projected to be around$0.1 in 2028, with a future increase to more than$0.6 in 2035.
Check out the comprehensive weekly technical analysis ofANKR, followed by the coming days of the month, upcoming months, and yearly forecast tables derived from our AI/ML-based predictive models:
ANKR technical analysis: Can bulls withstand new market pressures?
The analysis of ANKR on the weekly chart provides a comprehensive understanding of its price movements and potential future trends, focusing on theAnkr Network price prediction for 2024 and beyond.
The review period commenced on a bearish note as ANKR's value depreciated, turning$0.030 support into resistance by late April. This downtrend led the price to reach its lowest support level within the analyzed timeframe, bottoming out at $0.018 in June.
In a notable mid-month effort, bulls endeavored to reverse the trajectory, momentarily elevating the price above the$0.023 mark. This attempt to regain footing succumbed to selling pressure, retracing to the lowest support by mid-August.
From September onwards, an increase inbullish candlestick patterns was observed. Simultaneously, the price began its ascent. After reclaiming the$0.023 level in November, the price tested the$0.030 level in mid-December. Despite being rejected at this level, the subsequent decline did not reach previous lows. Further decreases were halted at$0.023 in the new year.
This level served as a launchpad for a more pronounced rally in February. The momentum carried the price beyond the$0.030resistance, setting the stage for an ambitious push toward new heights. After a minorcorrective pullback below$0.053 in mid-March, another surge towards the end of the month propelled the price to retest the higher resistance level of$0.065.
The surge in optimism during March was driven by Ankr's announcement of expanding itsDecentralized Physical Infrastructure Network(DePIN). This was a pivotal step towards achieving a more decentralizedWeb 3.0 ecosystem. Additionally, the company revealed partnerships with other key network providers, further solidifying its commitment to the expansion.
Nevertheless, a substantial drop due to market exhaustion in April led the asset to stand back below$0.053.Following this, a slight recovery was noted. It was fueled by the launch of Ankr’s artificial intelligence (AI)-focused Layer 1 blockchainNeura on the public testnet. At the time of writing, thealtcoin was trading at$0.048, effectively challenging the current resistance.
Building on this momentum, if the current trajectory continues with sustainable buying pressure, the bulls can likely overcome the peak resistance and target$0.090next. On the upside,$0.120 can be on the cards this year. This level has not been tested since December 2021, which might lead to some pushback.
Nonetheless, given the presence of bears, the price can likely experience high selling pressure in the coming weeks. If the current support breaks,$0.043 can provide a good cushion for the bulls. Moreover, a break below it can see the token tumble as low as$0.030.
Our predictive models anticipate that the average price of ANKR will reach$0.1 in 2028. Moreover, future predictions envision a modest increase in value, with the price possibly reaching$0.6 by 2035, reflecting optimistic market sentiment and growth expectations.
ANKR's 2024 roadmap: Key indicators to watch and trade
- TheMoving Average Convergence Divergence(MACD) indicator fell below both the signal line and zero line in May. This indicated the start of abearish phase. Additionally, the signal line turned negative again mid-month.
- TheMACD remained mostly below the signal line until October, aside from a brief surge above it in August. Since October, the MACD has been on anupward trajectory.
- It crossed into positive territory in December, with the signal line following suit by month's end. A temporary dip below the signal line occurred between late January and mid-February, but it quickly reversed, showing exponential growth. Since April, the MACD line has been seen converging. As the analysis concluded, it stood at0.00707, with the signal line at0.00608 and the histogram at0.00098.
- Thetradingvolume was notably low during periods dominated by bearish trends. Although it slightly increased during the late 2023 rally, it decreased thereafter.
- From mid-February onwards, coinciding with price spikes, there was a significant uptick in volume. This dampened slightly with the latest drops. It suggested a cautious but sustained interest from buyers.
- TheBollinger Bands began to contractin late May, following the price drop below the 20-weekMoving Average (MA) earlier that month. Slight expansions were first observed in June when the price dipped slightly below the lower band.
- A noteworthy movement occurred at the end of October when the price ascended above theMA. It marginally surpassed the upper band in December, prompting another slight expansion of the bands.
- The price reclaimed its position after a brief dip below the MA from the end of January to February. From the end of February until early April, it consistently breached the upper band, substantially widening the bands. This indicated anovervaluedmarket.
- Since the second week of April, the price has retained its position below the upper band while dominating the MA. This reflected that the market remainedbullish.
Ankr Network Price Prediction
Ankr Network has had an eventful 2023. To simplify the latest ANKR price prediction, we have divided up the prediction by short term Ankr Network price prediction and long term Ankr Network price prediction. As of writing this article, ANKR had a trading volume of 21,347,669. Ankr Network has gone down by -4.62% in the past 30 days.
According to our analysis in the short term, Ankr Network price prediction for July 2024 shows the average price of ANKR at 0.066 and the highest possible price for July 2024 would be $0.07.
Further, according to our analysis in the long term, Ankr Network price prediction for November 2024 shows the average price of ANKR at 0.081 and the highest possible price for November 2024 would be $0.087.
Ankr Network's Short Term Price Prediction
Date | Avg Price | Lowest Price | Highest Price |
21 May 2024 | $0.041 | $0.038 | $0.044 |
22 May 2024 | $0.041 | $0.038 | $0.044 |
23 May 2024 | $0.041 | $0.038 | $0.044 |
24 May 2024 | $0.04 | $0.037 | $0.043 |
29 May 2024 | $0.037 | $0.034 | $0.04 |
3 June 2024 | $0.034 | $0.032 | $0.037 |
13 June 2024 | $0.029 | $0.027 | $0.031 |
July 2024 | $0.066 | $0.061 | $0.07 |
August 2024 | $0.069 | $0.065 | $0.074 |
September 2024 | $0.073 | $0.068 | $0.078 |
October 2024 | $0.077 | $0.072 | $0.083 |
November 2024 | $0.081 | $0.075 | $0.087 |
December 2024 | $0.085 | $0.079 | $0.091 |
Ankr Network price prediction 21 May 2024: Ankr Network's price for 21 May 2024 according to our analysis should range between $0.038 to $0.044 and the average price of ANKR should be around $0.041.
Ankr Network price prediction 22 May 2024: Ankr Network's price for 22 May 2024 according to our analysis should range between $0.038 to $0.044 and the average price of ANKR should be around $0.041.
Ankr Network price prediction 23 May 2024: Ankr Network's price for 23 May 2024 according to our analysis should range between $0.038 to $0.044 and the average price of ANKR should be around $0.041.
Ankr Network price prediction 24 May 2024: Ankr Network's price for 24 May 2024 according to our analysis should range between $0.037 to $0.043 and the average price of ANKR should be around $0.04.
Ankr Network price prediction 29 May 2024: Ankr Network's price for 29 May 2024 according to our analysis should range between $0.034 to $0.04 and the average price of ANKR should be around $0.037.
Ankr Network price prediction 3 June 2024: Ankr Network's price for 3 June 2024 according to our analysis should range between $0.032 to $0.037 and the average price of ANKR should be around $0.034.
Ankr Network price prediction 13 June 2024: Ankr Network's price for 13 June 2024 according to our analysis should range between $0.027 to $0.031 and the average price of ANKR should be around $0.029.
Ankr Network price prediction July 2024: Ankr Network's price for July 2024 according to our analysis should range between $0.061 to $0.07 and the average price of ANKR should be around $0.066.
Ankr Network price prediction August 2024: Ankr Network's price for August 2024 according to our analysis should range between $0.065 to $0.074 and the average price of ANKR should be around $0.069.
Ankr Network price prediction September 2024: Ankr Network's price for September 2024 according to our analysis should range between $0.068 to $0.078 and the average price of ANKR should be around $0.073.
Ankr Network price prediction October 2024: Ankr Network's price for October 2024 according to our analysis should range between $0.072 to $0.083 and the average price of ANKR should be around $0.077.
Ankr Network price prediction November 2024: Ankr Network's price for November 2024 according to our analysis should range between $0.075 to $0.087 and the average price of ANKR should be around $0.081.
Ankr Network price prediction December 2024: Ankr Network's price for December 2024 according to our analysis should range between $0.079 to $0.091 and the average price of ANKR should be around $0.085.
Ankr Network's Long Term Price Prediction
Ankr Network’s long term Price Prediction below is a look at ANKR’s future prospect with regards to price. Ankr Network was last seen at $0.046, with a market cap of $467,695,911 and trading volumes of $21,347,669. ANKR’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.
Years | Avg Price | Lowest Price | Highest Price |
2024 | $0.089 | $0.071 | $0.1 |
2025 | $0.18 | $0.14 | $0.21 |
2026 | $0.37 | $0.3 | $0.45 |
2027 | $0.77 | $0.61 | $0.92 |
2028 | $1.59 | $1.27 | $1.91 |
2029 | $3.28 | $2.62 | $3.93 |
2030 | $6.74 | $5.39 | $8.09 |
2031 | $13.86 | $11.09 | $16.63 |
2032 | $28.50 | $22.80 | $34.20 |
2033 | $58.62 | $46.90 | $70.34 |
2035 | $247.94 | $198.35 | $297.53 |
Ankr Network price prediction 2024: Ankr Network's price for 2024 according to our analysis should range between $0.071 to $0.1 and the average price of ANKR should be around $0.089.
Ankr Network price prediction 2025: Ankr Network's price for 2025 according to our analysis should range between $0.14 to $0.21 and the average price of ANKR should be around $0.18.
Ankr Network price prediction 2026: Ankr Network's price for 2026 according to our analysis should range between $0.3 to $0.45 and the average price of ANKR should be around $0.37.
Ankr Network price prediction 2027: Ankr Network's price for 2027 according to our analysis should range between $0.61 to $0.92 and the average price of ANKR should be around $0.77.
Ankr Network price prediction 2028: Ankr Network's price for 2028 according to our analysis should range between $1.27 to $1.91 and the average price of ANKR should be around $1.59.
Ankr Network price prediction 2029: Ankr Network's price for 2029 according to our analysis should range between $2.62 to $3.93 and the average price of ANKR should be around $3.28.
Ankr Network price prediction 2030: Ankr Network's price for 2030 according to our analysis should range between $5.39 to $8.09 and the average price of ANKR should be around $6.74.
Ankr Network price prediction 2031: Ankr Network's price for 2031 according to our analysis should range between $11.09 to $16.63 and the average price of ANKR should be around $13.86.
Ankr Network price prediction 2032: Ankr Network's price for 2032 according to our analysis should range between $22.80 to $34.20 and the average price of ANKR should be around $28.50.
Ankr Network price prediction 2033: Ankr Network's price for 2033 according to our analysis should range between $46.90 to $70.34 and the average price of ANKR should be around $58.62.
Ankr Network price prediction 2035: Ankr Network's price for 2035 according to our analysis should range between $198.35 to $297.53 and the average price of ANKR should be around $247.94.
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A Historical look at Ankr Network, ANKR’s price
ANKR/USD Pair
ANKR
USD
20 May 2021
0.11
ANKR
USD
20 May 2022
0.038
34.06
ANKR
USD
20 May 2023
0.026
68.65
ANKR/Euro Pair
ANKR
EUR
20 May 2021
0.092
ANKR
EUR
20 May 2022
0.036
39.18
ANKR
EUR
20 May 2023
0.024
67.14
ANKR
EUR
21 May 2024
0.042
177.39
FAQs about Ankr Network
What is the price of Ankr Network as of today 21 May 2024?
Ankr Network’s current price is $0.046 and witnessed a 7.40% increase in the past 24 hours. ANKR/BTC pair saw a 0.39% increase in the past 24 hours
Is ANKR a good investment?
Investing in Ankr Network, ANKR will purely depend on your personal risk appetite. As you can see over the past 24 hours Ankr Network’s price has witnessed a 7.40% increase and over the past 30 days Ankr Network has decrease by -4.62%. So it all depends on if this investment will hit your trading goals.
How high can Ankr Network’s price go this year in 2024?
According to our latest Ankr Network Price prediction for 2024, ANKR should vary between $0.1 and $0.071. Please keep in mind that the crypto market is very volatile and this Ankr Network price prediction does not account for extreme wild swings in price.
How much will the Ankr Network be worth in 2024 ?
As per the Ankr Network price prediction 2024 model above, ANKR’s price for May 2024 should range between $0.071 to $0.1 with the average price for May being $0.089
How much will Ankr Network be worth in 2025?
According to the Ankr Network Price Prediction model above, ANKR’s price in 2025 would be $0.18. This price would however would range from $0.21 and $0.14.
How much will Ankr Network be worth in 2026?
According to the Ankr Network Price Prediction model above, ANKR’s price in 2026 would be $0.37. This price would however would range from $0.45 and $0.3.
How much will Ankr Network be worth in 2027?
According to the Ankr Network Price Prediction model above, ANKR’s price in 2027 would be $0.77. This price would however would range from $0.92 and $0.61.
How much will Ankr Network be worth in 2028?
According to the Ankr Network Price Prediction model above, ANKR’s price in 2028 would be $1.59. This price would however would range from $1.91 and $1.27.
How much will Ankr Network be worth in 2029?
According to the Ankr Network Price Prediction model above, ANKR’s price in 2029 would be $3.28. This price would however would range from $3.93 and $2.62.
How much will Ankr Network be worth in 2030?
According to the Ankr Network Price Prediction model above, ANKR’s price in 2030 would be $6.74. This price would however would range from $8.09 and $5.39.
How much will Ankr Network be worth in 2031?
According to the Ankr Network Price Prediction model above, ANKR’s price in 2031 would be $13.86. This price would however would range from $16.63 and $11.09.
How much will Ankr Network be worth in 2032?
According to the Ankr Network Price Prediction model above, ANKR’s price in 2032 would be $28.50. This price would however would range from $34.20 and $22.80.
How much will Ankr Network be worth in 2033?
According to the Ankr Network Price Prediction model above, ANKR’s price in 2033 would be $58.62. This price would however would range from $70.34 and $46.90.
How much will Ankr Network be worth in 2035?
According to the Ankr Network Price Prediction model above, ANKR’s price in 2035 would be $247.94. This price would however would range from $297.53 and $198.35.
What was the highest price of Ankr Network?
The highest price for Ankr Network was recorded in 16 April 2021 during which ANKR hit an All Time High of $0.21
What is the price of 1 Ankr Network?
The price of 1 Ankr Network according to current market rate is $0.046