|Current Price||$ 1.132096|
|Price Prediction||$ 1.021173 (-7.16%)|
|Fear & Greed Index||46 (Fear)|
|Green Days||9/30 (30%)|
|50-Day SMA||$ 1.544770|
|200-Day SMA||$ 2.85|
According to our current ApeCoin price prediction, the price of ApeCoin is predicted to drop by -7.16% and reach $ 1.021173 by September 22, 2023. According to our technical indicators, the current sentiment is Neutral while the Fear & Greed Index is showing 46 (Fear). ApeCoin recorded 9/30 (30%) green days with 10.62% price volatility over the last 30 days. Based on our ApeCoin forecast, it's now a good time to buy ApeCoin.
Disclaimer: This is not investment advice. The information provided is for general information purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
Based on the historical price movements of ApeCoin and the BTC halving cycles, the yearly low ApeCoin price prediction for 2024 is estimated at $ 0.958888. Meanwhile, the price of ApeCoin is predicted to reach as high as $ 2.51 next year. Using the same basis, here is the ApeCoin price prediction for each year up until 2030.
|Year||Yearly Low||Yearly High|
|2024||$ 0.958888||$ 2.51|
|2025||$ 2.13||$ 8.52|
|2026||$ 2.36||$ 3.91|
|2027||$ 2.48||$ 6.12|
|2028||$ 5.25||$ 5.93|
|2029||$ 5.67||$ 10.68|
|2030||$ 6.03||$ 7.64|
The ApeCoin price prediction for 2025 is currently between $ 2.13 on the lower end and $ 8.52 on the high end. Compared to today’s price, ApeCoin could gain 652.35% by 2025 if APE reaches the upper price target.
The ApeCoin price prediction for 2030 is currently between $ 6.03 on the lower end and $ 7.64 on the high end. Compared to today’s price, ApeCoin could gain 574.64% by 2030 if it reaches the upper price target.
Based on data from September 18, 2023 at 05:38, the general ApeCoin price prediction sentiment is neutral , with 15 technical analysis indicators signaling bullish signals, and 15 signaling bearish signals.
APE price prediction was last updated on September 18, 2023 at 05:38.
Based on our technical indicators, ApeCoin's 200-day SMA will drop in the next month and will hit $ 2.44 by Oct 17, 2023. ApeCoin's short-term 50-Day SMA is estimated to hit $ 1.202022 by Oct 17, 2023.
The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 20.64, which indicates that the APE market is in a oversold position. The RSI indicator suggests that the price of APE will decrease.
Moving averages are a popular indicator in all financial markets. The purpose of a moving average (MA) is to smooth price action over a certain amount of time. Moving averages are a lagging indicator which means they are based on previous price action. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA).
|SMA 3||$ 1.109410||BUY|
|SMA 5||$ 1.117770||BUY|
|SMA 10||$ 1.173670||SELL|
|SMA 21||$ 1.289400||SELL|
|SMA 50||$ 1.544770||SELL|
|SMA 100||$ 1.824270||SELL|
|SMA 200||$ 2.85||SELL|
|EMA 3||$ 1.112670||BUY|
|EMA 5||$ 1.113560||BUY|
|EMA 10||$ 1.153060||SELL|
|EMA 21||$ 1.258380||SELL|
|EMA 50||$ 1.501440||SELL|
|EMA 100||$ 1.912900||SELL|
|EMA 200||$ 2.65||SELL|
|SMA 21||$ 2.30||SELL|
|SMA 50||$ 3.58||SELL|
|EMA 21||$ 2.16||SELL|
|EMA 50||$ 3.39||SELL|
An oscillator is a technical analysis tool that constructs high and low bands between two extreme values, and then builds a trend indicator that fluctuates within these bounds. Traders use the trend indicator to discover short-term overbought or oversold conditions.
|Stoch RSI (14)||19.48||BUY|
|Stochastic Fast (14)||7.96||BUY|
|Commodity Channel Index (20)||-66.67||NEUTRAL|
|Average Directional Index (14)||50.79||BUY|
|Awesome Oscillator (5, 34)||-0.29||NEUTRAL|
|MACD (12, 26)||-0.01||NEUTRAL|
|Williams Percent Range (14)||-92.04||BUY|
|Ultimate Oscillator (7, 14, 28)||26.95||BUY|
|Hull Moving Average (9)||1.07||BUY|
|Ichimoku Cloud B/L (9, 26, 52, 26)||1.32||NEUTRAL|
Based on today's classical pivot point (P1) with the value of $ 1.110621, ApeCoin has support levels of $ 1.073609, $ 1.034544, and the strongest at $ 0.997532. Similarly, ApeCoin resistance levels are at $ 1.149686, $ 1.186699, and $ 1.225764.
Over the past 7 days, ApeCoin price was most positively correlated with the price of Stellar (XLM), IOTA (MIOTA), Bitcoin (BTC), Bitcoin (BTC) and Cardano (ADA) and most negatively correlated with the price of Bitcoin Cash (BCH), TRON (TRX), Maker (MKR), Bitcoin SV (BSV) and OKB (OKB).
ApeCoin price is negatively correlated with the top 10 coins by market cap with a price of -0.447, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.410.
Currencies that are positively correlated with ApeCoin indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with ApeCoin, a move in one direction for ApeCoin would translate into a move in the opposite direction for the negatively correlated coin.
|Sep 18, 2023||$ 1.099916||0.00%|
|Sep 19, 2023||$ 1.162229||5.67%|
|Sep 20, 2023||$ 1.176405||6.95%|
|Sep 21, 2023||$ 1.117364||1.59%|
|Sep 22, 2023||$ 1.021173||-7.16%|
|Sep 23, 2023||$ 1.049369||-4.60%|
|Sep 24, 2023||$ 1.142810||3.90%|
The ApeCoin price forecast for the next 30 days is a projection based on the positive/negative trends in the past 30 days. Based on these ApeCoin projections, APE will be changing hands at $ 1.142810 on Sep 24, 2023, gaining 3.90% in the process.
To get a better idea of what could happen to the ApeCoin price in the future, it’s helpful to also explore ApeCoin’s price history. In the last month, the APE/USD pair is down .
|Aug 18, 2023||$ 1.542685||$ 1.488207||$ 1.548597||$ 1.559783||$ 875.83M||$ 570.80M|
|Jul 18, 2023||$ 1.975760||$ 1.975760||$ 2.04||$ 2.04||$ 491.90M||$ 752.95M|
|Jun 18, 2023||$ 2.11||$ 2.04||$ 2.11||$ 2.05||$ 146.15M||$ 776.79M|
|May 18, 2023||$ 3.42||$ 3.34||$ 3.40||$ 3.39||$ 153.73M||$ 1.25B|
|Apr 18, 2023||$ 4.49||$ 4.43||$ 4.51||$ 4.50||$ 268.99M||$ 1.66B|
ApeCoin traders use a variety of tools to try and determine the direction in which the APE market is likely to head next. These tools can roughly be divided into indicators and chart patterns. When trying to predict the ApeCoin price, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall.
Moving averages are among the most popular ApeCoin price prediction tools. As the name suggests, a moving average provides the average closing price for APE over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for APE is a sum of APE’s closing prices over the last 12 days which is then divided by 12.
In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.
50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. If the APE price moves above any of these averages, it is generally seen as a bullish sign for ApeCoin. Conversely, a drop below an important moving average is usually a sign of weakness in the APE market.
Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the APE price.
Most traders use candlestick charts, as they provide more information than a simple line chart. Traders can view candlesticks that represent the price action of ApeCoin with different granularity – for example, you could choose a 5-minute candlestick chart for extremely short-term price action or choose a weekly candlestick chart to identify long-terms trends. 1-hour, 4-hour and 1-day candlestick charts are among the most popular.
Let’s use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices. The chart is divided into “candles” that give us information about ApeCoin’s price action in 1-hour chunks. Each candlestick will display APE’s opening price, closing price, as well as the highest and lowest prices that ApeCoin reached within the 1-hour period.
It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing.
Just like with any other asset, the price action of ApeCoin is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of APE. The market capitalization of ApeCoin can change significantly in a short period of time.
When trying to make a ApeCoin forecast, many traders also try to monitor the activity of APE “whales”, which are entities and individuals that control large amounts of APE. Since the ApeCoin market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on ApeCoin’s price movements.
Some traders try to identify candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.
- Bullish Engulfing
- Piercing Line
- Morning Star
- Three White Soldiers
- Bearish Harami
- Dark Cloud Cover
- Evening Star
- Shooting Star
- Hanging Man
DISCLAIMER: Not Investment Advice
The information provided is for general information purposes only. No information, materials, services and other content provided on this page constitute solicitation, recommendation, endorsement or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.