Anchor Protocol Price Prediction 2022-2026-Will the Price of ANC Hit $2.64 by the end of 2022?
ANC is available on the Terra blockchain as a CW-2 token as well as on the Ethereum blockchain as an ERC-20 token.
What is Anchor Protocol (ANC)?
Anchor’s open-source Savings-as-a-Service SDK can be integrated into 10 lines of code for any serviced application holding user balances. Anchor savings has no minimum deposits, account freezes, or signup requirements - it can be used by anyone in the world with access to the internet.
Now, we shall consider the price analysis of Anchor Protocol (ANC) for the coming years.
Flashback: Fundamental Analysis of Anchor Protocol (ANC).
Anchor Protocol (ANC) will be launched on the Polkadot blockchain. This will be enabled by the Polkadot Acala and kanura parachains. This will help to increase the adoption of Anchor Protocol decentralized finance (DEFI) programs. With this, we should expect the price of ANC to increase soon since the token will be used to bridge between other blockchains like Terra and Ethereum.
We shall now consider what charts are showing about the price analysis of Anchor Protocol (ANC).
https://www.tradingview.com/x/8Xcosus7/
From the 1day chart above showing the Ema Ribbon indicator for ANC/USDT, we can deduce that the price of Anchor Protocol might fall soon. This is because the Ema ribbon moving averages are above the recently formed candlesticks.
https://www.tradingview.com/x/PDJYgzzd/
The chart above shows the balance of power indicator which is used to determine if a market is controlled by either the buyers or sellers. From the chart for ANC/USDT, we can see that its BOP value is 0.43. Since it is above 0, it means that the bulls are having their way and that the price of Anchor Protocol might increase soon since it also has a positive divergence.
Now, we shall look at the price prediction of Anchor Protocol (ANC) for the coming years.
Price Prediction of Anchor Protocol (ANC) in 2022
The price of Anchor Protocol (ANC) is expected to gain at least 10% by the end of June 2022 from its present price from its technical analysis. This means that it will be trading at around $2.29 by the end of the first half. Its price is expected to rise by at least 15% in the second quarter. This means that ANC would trade at least $2.64 by the end of December 2022.
Price Prediction of Anchor Protocol (ANC) in 2023
The price of Anchor Protocol (ANC) is expected to gain at least 8% by the end of June 2023 from its present price from its technical analysis. This means that it will be trading at around $2.85 by the end of the first half. Its price is expected to rise by at least 11% in the second quarter. This means that ANC would trade at least $3.16 by the end of December 2023.
Price Prediction of Anchor Protocol (ANC) in 2024
The price of Anchor Protocol (ANC) is expected to gain at least 14% by the end of June 2024 from its present price from its technical analysis. This means that it will be trading at around $3.61 by the end of the first half. Its price is expected to rise by at least 25% in the second quarter. This means that ANC would trade at least $4.51 by the end of December 2024.
Price Prediction of Anchor Protocol (ANC) in 2025
The price of Anchor Protocol (ANC) is expected to gain at least 10% by the end of June 2025 from its present price from its technical analysis. This means that it will be trading at around $4.96 by the end of the first half. Its price is expected to rise by at least 15% in the second quarter. This means that ANC would trade at least $5.71 by the end of December 2025.
Price Prediction of Anchor Protocol (ANC) in 2026
The price of Anchor Protocol (ANC) is expected to gain at least 18% by the end of June 2026 from its present price from its technical analysis. This means that it will be trading at around $6.74 by the end of the first half. Its price is expected to rise by at least 12% in the second quarter. This means that ANC would trade at least $7.55 by the end of December 2026.
Now we shall consider different media platforms to see what their forecast is on Anchor Protocol (ANC) price.
Market Sentiments on Anchor Protocol (ANC) Price Prediction
PricePrediction
According to PricePrediction, the coin’s average price could reach $2.34 by the end of 2022 and surge to $128.27 by 2031 which represents a 2855% increase.
DigitalCoin
According to DigitalCoin’s Anchor Protocol (ANC) price prediction, the average price could reach $2.90 in 2022 and by 300% by 2031 to trade at $11.60.
CoinQuora
According to Coinquora's price prediction, the average price of ANC in 2022 could be $5, then surge by 1900% in four years to trade at $100 in 2026.
Our Anchor Protocol (ANC) Price Prediction
The price of Anchor Protocol (ANC) will trade at least $2.64 by the end of 2022 and then increase by over 185% in four years' time to trade at $7.55 by the end of 2026.
Conclusion
Anchor Protocol (ANC) long-term investors will enjoy good returns. This is due to the positive outlook of the fundamental analysis, price predictions, and market sentiments.
