Ampleforth Governance Token (FORTH) Price Prediction 2024, 2025–2030 | CoinCodex (2024)

According to our current Ampleforth Governance Token price prediction, the price of Ampleforth Governance Token is predicted to rise by 227.51% and reach $ 13.66 by June 26, 2024. Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 74 (Greed). Ampleforth Governance Token recorded 13/30 (43%) green days with 3.34% price volatility over the last 30 days. Based on the Ampleforth Governance Token forecast, it's now a bad time to buy Ampleforth Governance Token.

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Based on the historical price movements of Ampleforth Governance Token and the BTC halving cycles, the yearly low Ampleforth Governance Token price prediction for 2025 is estimated at $ 4.17. Meanwhile, the price of Ampleforth Governance Token is predicted to reach as high as $ 19.67 next year. Using the same basis, here is the Ampleforth Governance Token price prediction for each year up until 2030.

Ampleforth Governance Token price prediction 2025

The Ampleforth Governance Token price prediction for 2025 is currently between $ 4.17 on the lower end and $ 19.67 on the high end. Compared to today’s price, Ampleforth Governance Token could gain 371.67% by 2025 if FORTH reaches the upper price target.

Ampleforth Governance Token price prediction 2030

The Ampleforth Governance Token price prediction for 2030 is currently between $ 10.47 on the lower end and $ 16.98 on the high end. Compared to today’s price, Ampleforth Governance Token could gain 307.23% by 2030 if it reaches the upper price target.

Ampleforth Governance Token's 50-Day, 200-Day Simple Moving Averages and 14-Day Relative Strenght Index - RSI (14)

Based on our technical indicators, Ampleforth Governance Token's 200-day SMA will rise in the next month and will hit $ 4.81 by Jun 26, 2024. Ampleforth Governance Token's short-term 50-Day SMA is estimated to hit $ 6.71 by Jun 26, 2024.

The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 47.74, which indicates that the FORTH market is in a neutral position.

Popular FORTH Moving Averages and Oscillators for Mon, May 27, 2024

Moving averages (MA) are a popular indicator in all financial markets, designed to smooth price action over a certain amount of time. They are a lagging indicator which means they are influenced by historical price activity. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA).

Ampleforth Governance Token Oscillators

An oscillator is a technical analysis tool that constructs high and low bands between two extreme values, and then builds a trend indicator that fluctuates within these bounds. Traders use the trend indicator to discover short-term overbought or oversold conditions.

Ampleforth Governance Token Key Price Levels

Based on today's classical pivot point (P1) with the value of $ 4.18, Ampleforth Governance Token has support levels of $ 4.14, $ 4.07, and the strongest at $ 4.03. Similarly, Ampleforth Governance Token resistance levels are at $ 4.24, $ 4.28, and $ 4.35.

Ampleforth Governance Token Correlation

Over the past 7 days, Ampleforth Governance Token price was most positively correlated with the price of and most negatively correlated with the price of .

Ampleforth Governance Token price is correlated with the top 10 coins by market cap with a price of , excluding Tether (USDT) and correlated with the top 100 coins by market cap excluding all stablecoins with a price of .

Currencies that are positively correlated with Ampleforth Governance Token indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Ampleforth Governance Token, a move in one direction for Ampleforth Governance Token would translate into a move in the opposite direction for the negatively correlated coin.

To get a better idea of what could happen to the Ampleforth Governance Token price in the future, it’s helpful to also explore Ampleforth Governance Token’s price history. In the last month, the FORTH/USD pair is down .

How to read and predict Ampleforth Governance Token price movements?

Ampleforth Governance Token traders use a variety of tools to try and determine the direction in which the FORTH market is likely to head next. These tools can roughly be divided into indicators and chart patterns. When trying to predict the Ampleforth Governance Token price, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall.

Ampleforth Governance Token Price Prediction Indicators

Moving averages are among the most popular Ampleforth Governance Token price prediction tools. As the name suggests, a moving average provides the average closing price for FORTH over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for FORTH is a sum of FORTH’s closing prices over the last 12 days which is then divided by 12.

In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.

50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. If the FORTH price moves above any of these averages, it is generally seen as a bullish sign for Ampleforth Governance Token. Conversely, a drop below an important moving average is usually a sign of weakness in the FORTH market.

Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the FORTH price.

How to read Ampleforth Governance Token charts and predict price movements?

Most traders use candlestick charts, as they provide more information than a simple line chart. Traders can view candlesticks that represent the price action of Ampleforth Governance Token with different granularity – for example, you could choose a 5-minute candlestick chart for extremely short-term price action or choose a weekly candlestick chart to identify long-terms trends. 1-hour, 4-hour and 1-day candlestick charts are among the most popular.

Let’s use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices. The chart is divided into “candles” that give us information about Ampleforth Governance Token’s price action in 1-hour chunks. Each candlestick will display FORTH’s opening price, closing price, as well as the highest and lowest prices that Ampleforth Governance Token reached within the 1-hour period.

It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing.

What affects the price of Ampleforth Governance Token?

Just like with any other asset, the price action of Ampleforth Governance Token is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of FORTH. The market capitalization of Ampleforth Governance Token can change significantly in a short period of time.

When trying to make a Ampleforth Governance Token forecast, many traders also try to monitor the activity of FORTH “whales”, which are entities and individuals that control large amounts of FORTH. Since the Ampleforth Governance Token market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on Ampleforth Governance Token’s price movements.

Bullish and bearish price prediction patterns

Some traders try to identify candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.