This Anchor Protocol (ANC) Price Prediction article is based on the technical analysis of ANC Price for 2022 and 2023.
The crypto market is back on track and has started to recover again. Many cryptos reached their new ATHs in the 2021 bull run. The Anchor Protocol (ANC) also attained a new all-time high price of $8.31 in March 2021. Anchor Protocol (ANC) is the 29th project on Binance Launchpool, and it is a Terra-based lending and borrowing protocol. It makes use of an over-collateralized architecture to enable users to lend, borrow, and earn interest on their digital assets.
Now that you know what Anchor Protocol (ANC) is, let's dive deeper into ANC Price Prediction 2022.
Anchor Protocol (ANC) Price Prediction 2022
ANC price well performed in the 1st half of 2021. Moreover, the ANC price showed a bullish trend. However, If ANC continues the bullish trend, the price may reach $5 by the end of 2022.
ANC price can even reach $10 if the bullish trend continues to climb up.
On the other hand, if the ANC price turns out to be bearish, the price might plummet to almost $1.3224.
Anchor Protocol (ANC) Price Prediction 2023
ANC price has the potential to move even greater heights. However, reaching $20 is a bit challenging. This seems possible If the price can surpass the psychological resistance level.
Conclusion
Anchor Protocol is renowned as one of the go-to altcoin options available on the market with the potential to boom. It would reach its new all-time high in 2022 if investors decided ANC was a good investment.
The crypto coins price prediction hit late highs of $52,000 per bitcoin this prior week colliding with around $42,000.
The cost of ethereum, the second-biggest digital currency after bitcoin, came surprisingly close to its record-breaking highs this prior week falling back.
In a report previously seen by The Block, examiners at the bank said they anticipate that bitcoin's price should expand three-crease and give it a value scope of somewhere in the range of $50,000 and $175,000 per bitcoin, while ethereum is anticipated to mobilize 10-times its present level, with a value focus of $26,000 to $35,000 per ether.
The bank expects ethereum to ultimately outperform bitcoin in complete worth.
Ethereum is contrasted with a "monetary market," working with loaning, protection, and trades, by Standard Chartered's worldwide exploration group, driven by Geoffrey Kendrick, who observed bitcoin to be more similar to a "money.
" "At the end of the day, while potential returns might be more noteworthy for ethereum than for bitcoin, hazards are additionally higher," said the bank's group, adding "the current cost reflects both the overall intricacy of ethereum (versus bitcoin) and the vulnerability around ethereum's turn of events.
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