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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.

APE Price Analysis

Current price$1.26
30-Day Price Prediction$157.38 (13.93%)
Volatility (30 day variation)12.21%
50-Day SMA$167.15
14-Day RSI34.95
SentimentBearish
Fear & Greed Index67 (Greed)
Green Days 15/30 (50%)
200-Day SMA$98.55

TL;DR Breakdown

  • The ApeCoin price is in consolidation today
  • Strong support at $1

The live ApeCoin price today is $1.26, with a 24-hour trading volume of $108,456,520 as of April. We update our APE to USD price in real time. ApeCoin is down 11.77% in the last 24 hours. The current CoinMarketCap ranking is #98, with a live market cap of $762,562,590. It has a circulating supply of 604,895,833 APE coins.

ApeCoin Technical Analysis Price Forecast

The general APE price trend is bearish, with 11 technical indicators signaling bullish signals against 19 signaling bearish signals. The bearish sentiment is for the short-term projection, with the 3-day and 5-day SMAs and EMAs carrying the most weight. The fear greed index suggests that the bids are above its fair worth.

ApeCoin Moving Averages

Daily Simple Moving Average (SMA)
PeriodValueAction
SMA 3$145.14SELL
SMA 5$150.64SELL
SMA 10$154.76SELL
SMA 21$157.93SELL
SMA 50$167.15SELL
SMA 100$136.67BUY
SMA 200$98.55BUY
Daily Exponential Moving Average (EMA)
PeriodValueAction
EMA 3$142.88SELL
EMA 5$144.76SELL
EMA 10$152.52SELL
EMA 21$162.12SELL
EMA 50$158.14SELL
EMA 100$138.19BUY
EMA 200$109.85BUY

ApeCoin Oscillators

PeriodValueAction
RSI (14)34.952NEUTRAL
Stoch RSI (14)100.00SELL
Stochastic Fast (14)45.15NEUTRAL
Commodity Channel Index (20)-66.67NEUTRAL
Average Directional Index (14)33.00SELL
Awesome Oscilator (5,34)-16.77NEUTRAL
Momentum (10)3.14NEUTRAL
MACD (12,26)-0.26NEUTRAL
William Percentage Range (14)-54.85NEUTRAL
Ultimate Oscillator (7,14,28)48.90NEUTRAL
VWMA (10)144.91SELL
Hull Moving Average (9)154.89SELL
Ichimoku Cloid B/L (9,26,52,26)163.34NEUTRAL
Weekly Simple Moving Average (SMA)
PeriodValueAction
SMA 21-$7.30BUY
SMA 50-$5.05BUY
SMA 100-$1.52BUY
Weekly Exponential Moving Average (EMA)
PeriodValueAction
EMA 21$1.691SELL
EMA 50$1.632SELL
EMA 100$0.321BUY

APE moves into consolidation phase

Looking at the 1-day chart, APE substantially declined on 9th April, forming 5 consecutive red candles. It then moved into consolidation, averaging at $1.26. $1 is a formidable support. APE last broke the support in March 2022. 

The coin has registered higher lows as bulls attempt to take charge. Zoomed out, APE is in the consolidation phase.

APE/USD 1-day price chart by Tradingview

The Relative Strength Index (RSI) for APE/USD is currently at 37.76, further cementing APE consolidation. The MACD has crossed above the signal line, suggesting a potential buy signal; the momentum is, however, low-dimming any substantial upward breakout.  

APE/USD 4-hour price chart: Bearish momentum pushes the price of APE below $1.4

The 4-hour ApeCoin price analysis chart shows a gradual recovery, after falling from $1.6. The chart shows more subsequent red candles over the last 24 hours as more sellers dump on the market. Longer periods of consolidation are accompanied by longer breakots. The direction of the coming breakout is not evident. 

APE/USD 4-hour price chart, Source;Tradingview

The technical indicators for the 4-hour chart are bearish, and the MACD suggests the momentum is slowing. The relative strength index (RSI) is currently at 49.44, indicating a neutral market.

What to expect from ApeCoin Price

The ApeCoin price analysis shows an extended period of consolidation, technical indicators point towards a bearish signal over the short term. Oscilators indicate a neutral market. The position of indecisiveness indicates APE is in consolidation, and therefore traders should be on the lookout for breakout patterns.

ApeCoin Price Predictions 2024-2033 by Cryptopolitan

Price Predictions for the Rest of 2024

MonthMinimum Price ($)Average Price ($)Maximum Price ($)Percentage Change (%)
Jun 20241.041.212.24-2.16 %
Jul 20241.031.362.429.52 %
Aug 20241.081.932.4355.54 %
Sep 20241.111.142.51-8.09 %
Oct 20241.111.212.44-2.59 %
Nov 20241.051.462.4717.93 %
Dec 20241.111.142.437.70 %

2024-2033 Price Predictions

At the beginning of 2024, there was a recovery in the price of cryptocurrencies, but recent events leading to the Bitcoin halving have shown that bears are now in control of price dynamics, slowing growth. ApeCoin (APE), which has seen its value fall by 11.16% today, has also been affected by this trend. 

Our pricing projection indicates that the maximum price for ApeCoin will be $90.70 by the end of 2024. The coin’s value will rise and hit $551.97, its highest level in five years. We anticipate that ApeCoin will continue to appreciate until 2033 when it will reach $2,337 at its highest price.

Year Minimum ($)Average ($)Maximum ($)
20241.041.502.43
20252.462.552.89
20263.673.784.27
20275.465.656.39
20287.467.749.25
202910.8611.2413.05
203015.5716.0218.99
203122.4823.2827.78
203233.5534.4940.14
203350.2051.5860.02

ApeCoin price prediction

ApeCoin Price Prediction 2024

ApeCoin prices, cryptocurrency experts expect that the APE rate might reach a maximum of $1.93. It might, however, drop to $1.64. The forecasted average of ApeCoin is nearly $1.69.

ApeCoin (APE) Price Prediction 2025

ApeCoin price is forecast to reach a lowest possible level of $2.46 in 2025. As per our findings, the APE price could reach a maximum possible level of $2.89 with the average forecast price of $2.55.

ApeCoin Price Prediction 2026

According to our deep technical analysis on past price data of APE, In 2026, the price of ApeCoin is forecasted to be at around a minimum value of $3.67. The ApeCoin price value can reach a maximum of $4.27 with the average trading value of $3.78.

ApeCoin Price Prediction 2027

After analyzing the prices of ApeCoin in previous years, it is assumed that in 2027, the minimum price of APE will be around $5.46. The maximum expected APE price may be around $6.39. On average, the trading price might be $5.65 in 2027.

ApeCoin Price Prediction 2028

According to our deep technical analysis of past price data of APE. In 2028, the price of ApeCoin is predicted to reach a minimum level of $7.46. The APE price can reach a maximum level of $9.25 with the average trading price of $7.75.

ApeCoin (APE) Price Prediction 2029

Based on the analysis of the costs of ApeCoin by crypto experts, the following maximum and minimum APE prices are expected in 2029: $10.86 and $13.05. On average, it will be traded at $11.24.

ApeCoin Price Prediction 2030

ApeCoin price is forecast to reach a lowest possible level of $15.57 in 2030. As per our findings, the APE price could reach a maximum possible level of $18.99 with the average forecast price of $16.02.

Read Also  Metaverse ETP Price Prediction 2023-2031: Is ETP a Good Investment?

ApeCoin Price Prediction 2031

Every year, cryptocurrency experts prepare forecasts for the price of APE. APE is estimated to be traded between $22.48 and $27.78 in 2031. Its average cost is expected at around $23.28 during the year.

ApeCoin Price Prediction 2032

As per the forecast price and technical analysis, In 2032, the price of ApeCoin is predicted to reach at a minimum level of $33.35. The APE price can reach a maximum level of $40.14 with the average trading price of $34.49.

ApeCoin Price Prediction 2033

After years of analysis of the ApeCoin price, crypto experts are ready to provide their APE cost estimation for 2033. It will be traded for at least $50.20, with the possible maximum peaks at $60.02. Therefore, on average, you can expect the APE price to be around $51.58 in 2033.

ApeCoin Price Prediction by Coincodex

According to Coincodex’s ApeCoin most recent price estimate, the Fear and Greed Index is currently at 70, indicating a moderate degree of investor mood. The present market prognosis for ApeCoin is bearish (Greed), nevertheless, according to technical indicators from Coincodex. APE’s price has fluctuated by -37.81% over the last 30 days, with 12 of the 30 days (or 40%) being upbeat (green).

Looking ahead, Coincodex’s ApeCoin analysis suggests that APE is trading at a discount, as the indicators point to a negative market sentiment.

The projections highlight the potential for significant growth in APE’s value over the next 6 years, but it’s essential to note that these estimates are speculative and subject to market dynamics and unforeseen factors. Another notable observation is that APE, will register lower highs in 2026, 2027, and 2030. As with any investment, thorough own research and careful consideration of market conditions are recommended before making any decisions.

ApeCoin Price Prediction by DigitalCoinPrice

According to the latest forecast from DigitalCoinPrice, it is anticipated that the value of ApeCoin cryptocurrency will experience a significant increase of 112% by the end of 2025, reaching $3.14. The Fear & Greed Index is currently at a reading of 10.80, indicating extreme fear among investors. Additional technical indicators, such as the also suggest bearish market sentiment. Based on DigitalCoinPrice’s prediction, it is considered risky to sell ApeCoin at this time.

ApeCoin witnessed a substantial decline in April, correcting from the earlier bullish run. It has lost 36% of its value in the last 30 days. Presently, the daily indicator is pointing toward a bearish market trend. 

ApeCoin Price Prediction by Industry Influencers

Most influencers are betting on bullish price prediction. On YouTube, Lee the Captain, is betting at $50 in this bull run with market capitalization of $30.6 billion, a little shy of DOGE’s all-time high. Crypto Infos short term projections are $0.75 on the downside and $2.015 on the upside, all dependent on the direction of the next breakout.

ApeCoin Overview

MARKET CAPALL-TIME HIGHALL-TIME LOWPOPULARITYCIRCULATING SUPPLY
$895 million$96.17$2.86#7121,000,000

APE’s intrigue stems from its previous price rallies and the FOMO of participating in the in the BAYC and MAYC NFT ecosystem. Holders of these NFTs received a substantial airdrop during the launch of the token. The coin has secured listings in top-tier exchanges, including Binance, Bybit, OKX, and KuCoin.

The valid criticisms of ApeCoin are fundamental to how it works. APE is highly volatile, and recent history indicated that it has been on a consistent bear run. Projections suggest it  will move into a reversal consisting of higher highs, and hiigher lows.

ApeCoin has gained over $200 million in value since it started trading. APE is now priced at about $1.

Is ApeCoin a Good Investment?

Since ApeCoin is a widely used ERC-20 token, most retailers consider it acceptable.

Additionally, the coin is already being used as NFT rewards; holders with the BAYC can immediately cash in their free APE. Our CP Price Prediction section will show how the coin will gain value in years to come.

APE Fundamentals

APE is the native currency used for governance in the ApeCoin DAO and has utility within NFTs and projects related to Yuga Labs. Yuga Labs is the flagship project behind Mutant Ape Yacht Club (MAYC) and Bored Ape Yacht Club (BAYC). ApeCoin started trading in March 17,2022. Other notable projects by Yuga Labs include: 

  • Cryptopunks
  • Meebits
  • Otherside Metaverse

All the projects have garnered a huge following. Consider this, in October 2021, BAYC #8817 sold for a whooping 852 ETH, worth $3.4 million at the time.

A major win for ApeCoin is that it is available in most cryptocurrency exchanges and with ample liquidity. 

ApeCoin (APE) Coin Price History

2022

Yuga Labs was founded by the ApeDAO in 2022, and began trading on March 17, the same year. Following, its distribution, the coin registered off the charts volatility, with its price ranging between $6.48 and $39.40 in a matter of days. The volatility, was accompanied by high investor interest, on March 24 alone, Coinbase registered a trading volume of $2.3 billion. Social media was also a buzz with the keywords, APE and BAYC. 

APE would then register its all time-high at $39.40 on March 17, the same day it got listed on Binance.

The winning streak would however be short lived as the coin would plummet 6 months later, falling below $6. Many early investors expressed hopelessness in the token, which had then trend in the red for over 90 days. 

By the end of the year it had fallen to as low as $3.

2023

The 2023 bear cycle, did not spare APE. The coin consistently registered losses for the first 3 quarters of the year, falling from a high of $6.05 in January to $1.09 in October. Market hype and macroeconomics such as the approaching Bitcoin halving and Bitcoin spot ETF listings, contributed to the coins correction. By December, it had risen to $2.

2024

The early 2024 bull cycle saw the coin reach a high of $2.43. Strangely, it sharply reversed during the Bitcoin halving month, April, falling to a low of $1.05.

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

Recent News/ Updates on APE

Kevin Hart, American actor and comedian, parted ways with his Bored Ape NFT selling it at 13.2 ETH. 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 precentations drop. The move however has not prevented APE from scaling higher.

Also Read:

More on ApeCoin

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. 

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.

What do I have to know about the ApeCoin DAO?

Contrary to popular belief, ApeCoin was created by ApeCoin DAO rather that Yuga Labs. Yuga Labs only plays a contributor role on ApeCoin DAO. A DAO, Decentralized Autonomous Organization, is an organization whose rules are coded on the blockchain and is not run by a central authority. 

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.  

What is the mission of the ApeCoin project?

ApeCoin is a community led initiative under the ApeCoin DAO with a mission to support the we3 economy and drive the metaverse culture forward.

The early rapid rise in APE’s popularity can be attributed to its meme coin and fear of missing out (FOMO) approach. However, like most meme coins it is prone to high market volatility.

Where to store APE

ApeCoin is an erc-20 token, therefore you can store it on Ethereum compatible wallets. Examples include, Metamask, Bitget wallet, Binance Web3 wallet, Trezor hardware wallet, and MyEtherWallet.

Conclusion

ApeCoin enjoys the backing of the crypto community, and remains to be one of the most noticeable memecoins in the market. The coins price was clearly driven by FOMO in its early days. Market sentiment also played a major role in its performance with bullish market cycles prompting APE to register over 30% in gains.

The predictions are optimistic, market sentiment is positive and the coins utility is growing. It is difficult to tell where its price will stagnate, but one sure thing is that it is not immune to market volatily. 

While the projections are positive, note that the crypto market is labile. The market could crash in a moments notice, driven by major occurences in the crypto space. THe predictions are not investment advice; seek independent professional consultation for investments.

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FAQs

IS APE A GOOD INVESTMENT?

Since ApeCoin is a widely used ERC-20 token, most retailers consider it acceptable.

Additionally, the coin is already being used as NFT rewards; holders with the BAYC can immediately cash in their free APE. Our CP Price Prediction section will show how the coin will gain value in years to come.

WHAT IS THE UTILITY OF THE APE TOKEN?

The APE token is a governance mechanism in the APE ecosystem.APE powers the community that is cryptocurrency development at the forefront of web3.

WHERE CAN I BUY APE?

APE is listed on most top-tier crypto exchanges, these include: Binance, Coinbase, Bybit, and OKX.

CAN THE APECOIN PRICE CRASH?

ApeCoin is highly volatile and therefore prone to a crash. The opposite is also plausible, APE has registered over 30% price gains in a single day
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.

IS ApeCoin A SCAM OR LEGIT?

ApeCoin is a legit project with utility on the ApeCoin DAO. Its meme token nature however has made people think that it is a scam project.

WHERE DO I SAFELY STORE APE?

You can store your APE tokens on Metamask, Bitget wallet, Binance Web3 wallet, Trezor hardware wallet, and MyEtherWallet.

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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