- Bullish ANKR price prediction for 2023 is $0.02924 to $0.05754.
- Ankr (ANKR) price might reach $0.5 soon.
- Bearish (ANKR) price prediction for 2023 is $0.01081.
In this Ankr (ANKR) price prediction 2023, 2024-2030, we will analyze the price patterns of ANKR by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.
TABLE OF CONTENTS |
INTRODUCTION |
|
ANKR (ANKR) PRICE PREDICTION 2023 |
|
| ANKR (ANKR) PRICE PREDICTION 2024, 2025, 2026-2030 |
| CONCLUSION |
| FAQ |
Ankr (ANKR) Current Market Status
| Current Price | $0.01994 | 24 – Hour Price Change | 1.35% Up |
| 24 – Hour Trading Volume | $14,980,554 |
| Market Cap | $199,384,997 |
| Circulating Supply | 10,000,000,000 ANKR | All – Time High | $0.2252 (On March 28, 2021) |
| All – Time Low | $0.0007111 (On Mar 13, 2020) |
What is Ankr (ANKR)
| TICKER | ANKR |
| BLOCKCHAIN | Ethereum |
| CATEGORY | WEB3 |
| LAUNCHED ON | 2017 |
| UTILITIES | Governance, security, gas fees & rewards |
The Ankr (ANKR) token is the native cryptocurrency of the Ankr network, a Web3 infrastructure platform that enables users to build and control their own nodes that they can utilize for various Proof-of-Stake blockchain.
ANKR was developed in 2017. And the mainnet launched in 2019. Polygon (MATIC), Ethereum (ETH), BNB SmartChain (BNB), Avalanche (AVAX). Polkadot (DOT), and Kusama are the six cryptocurrencies that Ankr presently supports for Staking. ANKR is an ERC-20 and BEP-20 token that can be used in both the Ethereum and BNB Smart Chain ecosystems. Within the Ankr network, ANKR can be utilized as a governance token as well as a utility token.
Ankr 24H Technicals
(Source: TradingView)
Ankr (ANKR) Price Prediction 2023
Ankr (ANKR) ranks 130th on CoinMarketCap in terms of its market capitalization. The overview of the Ankr price prediction for 2023 is explained below with a daily time frame.
ANKR/USDT Descending Triangle Pattern (Source: TradingView)
In the above chart, Ankr (ANKR) laid out a descending triangle pattern. The descending triangle is most commonly seen during downtrends and is often interpreted as a bearish signal. The ascending triangle pattern is reversed in the descending triangle pattern.
As the price continues to make lower highs, descending triangles indicate to investors and traders that sellers are more aggressive than buyers. When the price breaks out of the triangle in the direction of the overall trend, the pattern is complete.
Contrary to popular belief, a descending triangle can be bullish or bearish. A regular descending triangle pattern is traditionally regarded as a bearish chart pattern. A descending triangle pattern, on the other hand, can be bullish.
At the time of analysis, the price of Ankr (ANKR) was recorded at $0.01994. If the pattern trend continues, then the price of ANKR might reach the resistance levels of 0.02048, and 0.02787. If the trend reverses, then the price of ANKR may fall to the support of 0.01669.
Ankr (ANKR) Resistance and Support Levels
The chart given below elucidates the possible resistance and support levels of Ankr (ANKR) in 2023.
ANKR/USDT Resistance and Support Levels (Source: TradingView)
From the above chart, we can analyze and identify the following as resistance and support levels of Ankr (ANKR) for 2023.
| Resistance Level 1 | 0.02924 |
| Resistance Level 2 | 0.05754 |
| Support Level 1 | 0.01716 |
| Support Level 2 | 0.01081 |
ANKR Resistance & Support Levels
Ankr (ANKR) Price Prediction 2023 — RVOL, MA, and RSI
The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Ankr (ANKR) are shown in the chart below.
ANKR/USDT RVOL, MA, RSI (Source: TradingView)
From the readings on the chart above, we can make the following inferences regarding the current Ankr (ANKR) market in 2023.
| INDICATOR | PURPOSE | READING | INFERENCE |
| 50-Day Moving Average (50MA) | Nature of the current trend by comparing the average price over 50 days | 50 MA = 0.01911Price = 0.01985 (50MA < Price) | Bullish(Uptrend) |
| Relative Strength Index (RSI) | Magnitude of price change;Analyzing oversold & overbought conditions | 54.56711 <30 = Oversold 50-70 = Neutral>70 = Overbought | Neutral |
| Relative Volume (RVOL) | Asset’s trading volume in relation to its recent average volumes | Below cutoff line | Weak Volume |
Ankr (ANKR) Price Prediction 2023 — ADX, RVI
In the below chart, we analyze the strength and volatility of Ankr (ANKR) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).
ANKR/USDT ADX, RVI (Source: TradingView)
From the readings on the chart above, we can make the following inferences regarding the price momentum of Ankr (ANKR).
| INDICATOR | PURPOSE | READING | INFERENCE |
| Average Directional Index (ADX) | Strength of the trend momentum | 10.13434 | Weak Trend |
| Relative Volatility Index (RVI) | Volatility over a specific period | 69.97 <50 = Low >50 = High | High Volatility |
Comparison of ANKR with BTC, ETH
Let us now compare the price movements of Ankr (ANKR) with that of Bitcoin (BTC), and Ethereum (ETH).
BTC Vs ETH Vs ANKR Price Comparison (Source: TradingView)
From the above chart, we can interpret that the price action of ANKR is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of ANKR also increases or decreases respectively.
Ankr (ANKR) Price Prediction 2024, 2025 – 2030
With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Ankr (ANKR) between 2024, 2025, 2026, 2027, 2028, 2029 and 2030.
| Year | Bullish Price | Bearish Price |
| Ankr (ANKR) Price Prediction 2024 | $1 | $0.4 |
| Ankr (ANKR) Price Prediction 2025 | $2 | $0.3 |
| Ankr (ANKR) Price Prediction 2026 | $3 | $0.2 |
| Ankr (ANKR) Price Prediction 2027 | $4 | $0.1 |
| Ankr (ANKR) Price Prediction 2028 | $5 | $0.08 |
| Ankr (ANKR) Price Prediction 2029 | $6 | $0.06 |
| Ankr (ANKR) Price Prediction 2030 | $7 | $0.04 |
Conclusion
If Ankr (ANKR) establishes itself as a good investment in 2023, this year would be favorable to the cryptocurrency. In conclusion, the bullish Ankr (ANKR) price prediction for 2023 is $0.05754. Comparatively, if unfavorable sentiment is triggered, the bearish Ankr (ANKR) price prediction for 2023 is 0.01081.
If the market momentum and investors’ sentiment positively elevate, then Ankr (ANKR) might hit $0.5. Furthermore, with future upgrades and advancements in the Ankr ecosystem, ANKR might surpass its current all-time high (ATH) of $0.2252 and mark its new ATH.
FAQ
1. What is Ankr (ANKR) ?
The Ankr (ANKR) token is the native cryptocurrency of the Ankr network, a Web3 infrastructure platform that enables users to build and control their own nodes that they can utilize for various Proof-of-Stake blockchain.
2. Where can you buy a Ankr (ANKR)?
Traders can trade Ankr (ANKR) on the following cryptocurrency exchanges such as Binance, LBank, Bybit, Cointr Pro, and Bitrue.
3. Will Ankr (ANKR) record a new ATH soon?
With the ongoing developments and upgrades within the Ankr platform, Ankr (ANKR) has a high possibility of reaching its ATH soon.
4. What is the current all-time high (ATH) of Ankr (ANKR)?
Ankr (ANKR) hit its current all-time high (ATH) of $0.2252 On March 28, 2021.
5. What is the lowest price of Ankr (ANKR)?
According to CoinMarketCap, ANKR hit its all-time low (ATL) of $0.0007111 on March 13, 2020.
6. Will Ankr (ANKR) hit $0.5?
If Ankr (ANKR) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $0.5 soon.
7. What will be the Ankr (ANKR) price by 2024?
Ankr (ANKR) price might reach $1 by 2024.
8. What will be the Ankr (ANKR) price by 2025?
Ankr (ANKR) price might reach $2 by 2025.
9. What will be the Ankr (ANKR) price by 2026?
Ankr (ANKR) price might reach $3 by 2026.
10. What will be the Ankr (ANKR) price by 2027?
Ankr (ANKR) price might reach $4 by 2027.
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Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
