Ankr (ANKR) Price Prediction 2023 – Will ANKR Hit $0.5 Soon?

• Bullish ANKR price prediction is $0.05915 to $0.08558.
• Ankr (ANKR) price might also reach $0.5 soon.

In Ankr (ANKR) price prediction 2023, we use statistics, price patterns, RSI, RVOL, and other information about ANKR to analyze the future movement of the cryptocurrency.

Ankr  (ANKR) Current Market Status

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. 

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  (ANKR) Price Prediction 2023

Ankr the 116th position on CoinGecko right now. ANKR price prediction 2023 is explained below with a daily time frame.

The above chart of Ankr (ANKR) laid out a Horizontal channel pattern, Horizontal channel pattern,also known as the sideways trend. In general, the horizontal channel is formed during the price consolidation. In this pattern, the upper trendline, the line which connects the highs, and the lower trendline, line which connects the lows, run horizontally parallel and the price action is contained within it.  A horizontal channel is often regarded as one of the suitable patterns for timing the market as the buying and selling points are in consolidation.

Currently, Ankr (ANKR) is in the range of $0.04707 If the pattern continues, the price of ANKR  might reach the resistance levels of $0.05928 and $0.22959. If the trend reverses, then the price of ANKR may fall to $0.02983 and $0.01480.

Ankr (ANKR) Support and Resistance Levels

The chart below shows the support and resistance levels of Ankr  (ANKR).

From the above daily time frame, we can clearly interpret the following as the resistance and support levels of Ankr (ANKR).

The charts show that Ankr has performed a bullish trend over the past month. If this trend continues, ANKR might run along with the bulls overtaking its resistance level at $0.08558.

Accordingly, if the investors turn against crypto, the price of Ankr might plummet to almost $0.03165, a bearish signal.

Ankr (ANKR) Price Prediction 2023 — RVOL, MA, and RSI

The Relative Volume (RVOL) of Ankr is shown in the chart below. It is an indicator of how the current trading volume has changed over a period of time from the previous trading volume. Currently, the RVOL of ANKR lies below the cutoff line, indicating weak participants in the current trend.

Also, the Moving Average (MA) of Ankr (ANKR) is shown in the chart above. Notably,  Ankr price lies above  50 MA (short-term), so it is  in an uptrend. Currently, Ankr has entered a bullish state. Therefore, there is a possibility of a reversal trend of Ankr at any time.

Meanwhile, the relative strength index (RSI) of the Ankr is 78.92. This means that Ankr is in an overbought state. However, this means a major price reversal of Ankr may occur in the upcoming days. So, traders need to trade carefully.

Ankr (ANKR) Price Prediction 2023 — ADX, RVI

Let us now look Average Directional Index (ADX) of Ankr . It helps to measure the overall strength of the trend. The indicator is the average of the expanding price range values. This system attempts to measure the strength of price movement in the positive and negative directions using DMI indicators with ADX.

The above chart represents the ADX of Ankr (ANKR). Currently, the ADX of ANKR lies in the range of 53.78824 and thus, it indicates a very strong  trend. 

The above chart also represents the Relative Volatility Index (RVI) of Ankr (ANKR). RVI measures the constant deviation of price changes over a period of time. The RVI of ANKR lies above 50, indicating high volatility. In fact, the RSI of Ankr (ANKR) is at 78.92  thus confirming a potential sell  signal.

Comparison of ANKR with BTC, ETH

The below chart shows the price comparison between Bitcoin, Ethereum, and Ankr (ANKR).

From the above chart, we can interpret the price changes of ETH, BTC  and ANKR are moving in a similar trend. This indicates that when the price of ETH and BTC  increases or decreases, the price of ANKR also increases or decreases respectively. But now Ankr’s price action is showing slight dissimilar trend with respect to BTC and ETH.

Ankr ( ANKR) Price Prediction 2024-2030

Numerous factors are taken into account when forecasting prices including volume changes, price variations, market cycles, and similar coins. Let’s predict the price of Ankr ( ANKR) between 2024 and 2030.

Ankr (ANKR) Price Prediction 2024

With several upgrades in the network, Ankr (ANKR) might enter a bullish trajectory. If the coin grabs the attention of major investors, ANKR might rally to hit $2 by 2024. 

Ankr (ANKR) Price Prediction 2025

If Ankr (ANKR) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 3 years, ANKR would rally to hit $4.  

Ankr (ANKR) Price Prediction 2026

If Ankr (ANKR) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 4 years, ANKR would rally to hit $6. 

Ankr (ANKR) Price Prediction 2027

If Ankr (ANKR) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 5 years, ANKR would rally to hit $8

Ankr (ANKR) Price Prediction 2028

If Ankr (ANKR) holds up a strong stance as a better investment option for the next 6 years amid the trends in the highly-volatile crypto market. By driving significant price rallies, ANKR would hit $10 in 2028.

Ankr (ANKR) Price Prediction 2029

If investors flock in and continue to place their bets on Ankr (ANKR), it would witness major spikes. ANKR might hit $12 by 2029.

Ankr (ANKR) Price Prediction 2030

With greater advancements in the Ankr ecosystem, the crypto community might continue to invest in ANKR for the next 8 years and drive significant price rallies for the token. Hence, Ankr (ANKR) might hit $14 by 2030.

Conclusion

With continuous improvements in the Ankr  network, we can say that 2023 is a good year for ANKR. For this reason, the bullish price prediction of Ankr (ANKR) in 2023 is $0.08558. On the other hand,  the bearish price prediction of Ankr (ANKR) price prediction for 2023 is $0.03165.

Furthermore, with the advancements and upgrades to the Ankr  ecosystem, the performance of ANKR would help to reach above its current all-time high (ATH) of $0.213513 very soon. But, it might also reach $0.5 if the investors believe that ANKR is a good investment in 2023.

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 purchase Ankr (ANKR)?

Ankr (ANKR) has been listed on many crypto exchanges which include   Binance,, Coinbase Exchange, KuCoin, FMFW.io.

3. Will Ankr (ANKR) reach a new ATH soon?

With the ongoing developments and upgrades within the Ankr  platform, ANKR  has a high possibility of reaching its ATH soon.

4. What is the current all-time high (ATH) of Ankr (ANKR)?

On April  16,2021 Ankr (ANKR) reached its new all-time high (ATH) of  $0.213513.

5. Is Ankr (ANKR) a good investment in 2023?

Ankr (ANKR) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of Ankr  in the past few months, ANKR  is considered a good investment in 2023.

6. Can Ankr (ANKR) reach $0.5?

Ankr (ANKR) is one of the active cryptos that continues to maintain its bullish state. Eventually, if this bullish trend continues then Ankr (ANKR) will hit $0.5 soon.

7. What will be Ankr (ANKR) price by 2024?

 Ankr (ANKR) price is expected to reach $2 by 2024.

8. What will be Ankr (ANKR) price by 2025?

 Ankr (ANKR) price is expected to reach $4 by 2026.

9. What will be Ankr (ANKR) price by 2026?

 Ankr (ANKR) price is expected to reach $6 by 2026.

10. What will be Ankr (ANKR) price by 2027?

 Ankr (ANKR) price is expected to reach $8 by 2027. 

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Disclaimer: The opinion expressed in this chart is solely the author’s. It does not interpret as investment advice. TheNewsCrypto team encourages all to do their own research before investing.