Propy Price Prediction: 2024, 2025, 2030

PRO price prediction: Key highlights

1. Primary support and resistance levels

• On the weekly timeframe, $0.24 was observed to be the price floor for the token.
• Subsequently, the highest probable resistance can be anticipated at around $6.15.

2. Market sentiment

• The overall market sentiment for PRO is seen to be strongly bullish in April 2024.

3. Predictive forecasts

• Our AI/ML predictive models anticipate PRO attaining an average trading price of over $5.51 in 2031 and $16.72 in 2035.

Get expert insights on PRO’s future performance through our comprehensive weekly technical analysis, followed by the coming days of the month, upcoming months, and yearly forecast tables derived from our AI/ML-based predictive models:

PRO technical analysis: Bulls gear up to reclaim the ATH

The Propy price prediction for 2024 incorporates an analysis of its performance over the last year, examining fluctuations and trends that shaped its cryptocurrency market trajectory. 

The analysis period began with PRO trading just below the $0.62 mark. However, by mid-April, the market began to show signs of weakness, and a clear downtrend emerged. This negative momentum drove the price significantly lower, with PRO breaking below the $0.37 level and continuing its descent until it found a floor at $0.24 by June. 

While there was a brief attempt at a recovery that saw the price rebound to the $0.37 mark, the rally lacked the strength to maintain its upward movement, and by October, PRO had retreated to the $0.24 support level.

A pivotal shift in market dynamics was noted in mid-October when bullish forces began to exert greater influence. This change led to a robust upward movement, enabling PRO to recover all its previous losses and eventually revisit the $0.62 level by December, effectively closing the year on a high note.

As the new year unfolded, minor fluctuations characterized PRO's trading, but the bullish momentum soon regained its strength. By the end of March 2024, an impressive surge took PRO's value well past the $2.28 mark, driving it to peak at a resistance level of $3.35. This marked the highest resistance point for PRO during the analysis period, reaffirming its upward trend.

As April began, a slight corrective pullback occurred, which adjusted PRO's price downward to $3.12. The ongoing bullish momentum led to massive appreciation in prices for the token. According to CoinMarketCap, the valuation of PRO witnessed a 180% spike over the past month. Furthermore, the token’s trading volume witnessed a whopping 16% appreciation over the past 24 hours. 

In 2024, Propy developed a new initiative called Decentralized Property Ownership that can make property transactions quicker and more secure through a culmination of blockchain technology and AI integrations. This initiative opened up a new use case for the altcoin, attracting more investors and contributing to a bullish rally.

If this surge continues, PRO may reclaim the highest resistance level at $3.35 within a few weeks. Furthermore, if the bulls gain momentum, the price may even touch the psychological $5 mark within the next few months. Additionally, it could retouch the token’s all-time high (ATH) value at $6.15.

However, if the bears take over following the corrective pullback, PRO may plummet until it tests the $2.28 level. A sustained bearish momentum may even push the price further below until the token’s price rests at $0.62.

The long-term depiction of PRO’s trajectory also looks promising. Our AI/ML models have predicted that the token may reach an average value of $5.51 in 2031. Moreover, continued resilience demonstrated by the bulls under adverse market pressure may lead to the altcoin spiking higher. In that case, PRO is likely to touch $16.72 in 2035.

PRO's 2024 roadmap: Key indicators to watch and trade

• The trading volume remained significantly low at the onset of the analysis period. A major spike was observed in July, but it went down again in August.
• The trading volume was considerably higher at the time of writing. However, it had failed to touch the previous highs.
• The Awesome Oscillator (AO) remained below the zero line for most parts of 2023, indicating a slight bearish momentum within the market.
• However, the AO recovered in 2024. At press time, its value stood at 1.9502, which indicated that the market was experiencing strong bullish momentum.
• The Chaikin Money Flow (CMF) failed to surpass the neutral line throughout the analysis. Although it was initially close to the neutral line, it faltered between mid-July and November.
• The CMF was at -0.04 at press time, indicating that selling pressure slightly outweighed buying pressure. However, the CMF recovered considerably from its lowest point of -0.44, as recorded in November.