ANKR, a key player in decentralized blockchain infrastructure, continues to fuel Web3 and DeFi innovations across 50+ PoS networks. But with the current market sentiment turning bearish and the Fear & Greed Index flashing Extreme Fear (24), 

Currently trading with a market cap of $136.76M and a 24-hour volume of $28.37M, ANKR's price action is drawing attention. With ANKR price projected to reach $0.0610 by 2025 and a potential high of $0.235 by 2030

Ankr Current Price Overview

As of the latest market data, Ankr (ANKR) is trading at $0.01671, with a 24-hour trading volume of $20,743,554. While the token has seen a 0.12% increase in the past hour, it has dropped 5.39% compared to the previous day, reflecting ongoing market volatility. With a circulating supply of 10 billion ANKR and a max supply of 10 billion ANKR, the token’s price movement indicates uncertainty in investor sentiment.

ANKR Price Performance & Historical Trends

ANKR has experienced both significant highs and dramatic lows throughout its trading history. The token reached an all-time high (ATH) of $0.2135 on April 17, 2021, before suffering a 92.17% decline from its peak. However, ANKR has also shown remarkable resilience, surging 2262.75% from its all-time low (ATL) of $0.000707 on March 13, 2020. This performance highlights the potential for strong recovery despite the current bearish momentum.

ANKR Breakdown: Key Support & Resistance Levels

Since the last bull run, ANKR has been trading within an ascending parallel channel. However, repeated attempts to hold support and resistance levels have failed, leading to a breakdown from this structure.

Parallel channels typically indicate corrective price movements, and ANKR’s inability to reach its upper resistance signals weakening bullish momentum. The price action closely resembles a head-and-shoulders pattern, a classic bearish reversal indicator, confirming the current downward trajectory.

At present, ANKR is hovering around the $0.0170 horizontal support level. If this critical level fails to hold, the token could experience a massive drop to $0.0060, marking a 75% decline from its current price.

Technical Indicators & Market Sentiment

Relative Strength Index (RSI): Currently at 36 and declining, signaling increased bearish pressure.

Moving Average Convergence/Divergence (MACD): Bearish crossover with negative momentum, reinforcing the downward trend.

Bitcoin’s Impact: The broader crypto market is experiencing high volatility, with Bitcoin plunging 20% from its highs, struggling to reclaim $80K. Institutional players continue to dominate while retail traders are exiting the market.

Stock Market Correlation: Nasdaq’s $1.7T wipeout is adding to market uncertainty, hinting at a possible shift in investor sentiment across financial markets.

ANKR Price Prediction: What’s Next?

Analysts estimate ANKR could range between $0.0230 and $0.0610 by 2025, with a long-term high of $0.435 by 2030. While short-term volatility remains a concern, ANKR’s strong fundamentals in decentralized infrastructure and Web3 development make it a promising asset for long-term growth.

If market conditions improve and sentiment shifts bullish, ANKR could regain momentum and experience steady price appreciation. However, given the current macroeconomic climate, market trends, and Bitcoin’s struggles, investors should remain cautious and closely monitor key support levels.

The next few months will be crucial for ANKR’s trajectory, determining whether it can rebound or face further downside pressure.