Propy Price Prediction: 2024, 2025, 2030

PRO price prediction: Key highlights

1. Primary support and resistance levels

• On the weekly timeframe, $0.23 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 May 2024.

3. Predictive forecasts

• Our AI/ML predictive algorithms anticipate PRO attaining an average trading price of over $841.57 in 2031 and $15,565.66 in 2035.

Get expert insights on PRO’s future performance through a detailed 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: An ATH revisit on the cards for the asset?

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 commenced with PRO struggling under a bearish trend, consistently trading below the $0.46 mark. As May advanced, the downtrend intensified, leading PRO to reach its lowest support at $0.23 by early June.
 

Mid-June saw a market sentiment shift as bullish forces gathered strength, propelling PRO back to the $0.46 level by early July. However, this recovery was short-lived. 
 

By mid-July, the bearish pressure resumed, causing the token to plummet back to the $0.23 support level by mid-September. This price point became a significant level of stagnation until mid-October.
 

Late October marked the beginning of another bullish phase that pushed PRO back to the $0.46 mark by early December. It also surpassed this level by mid-month, targeting $0.71 by year-end. Despite this ambitious climb, the token faced resistance from minor bearish forces in early January, which pulled it back to stabilize above the $0.46 level.
 

This stabilization phase lasted until mid-February, when the bulls regained control with renewed vigor. By the end of the month, a robust bullish resurgence was in full swing, driving PRO past the $0.71 level. This was followed by a rapid ascent to $3.37 by early April, marking the peak resistance for the year.
 

Despite reaching these new heights, the altcoin faced challenges in maintaining them. Throughout April, PRO tested the $3.37 level multiple times but faced rejection, leading to a pullback to $2.35 in May. It was trading at $2.40 at press time, showing a minor recovery from its recent decline.
 

According to CoinMarketCap, PRO's valuation dropped by 25% over the past month. Propy’s roadmap for 2024 includes some groundbreaking advancements, such as creating the first-ever instant crypto loan protocol for real-estate non-fungible tokens (NFTs) and higher platform integrations with PropyKeys.
 

In 2024, Propy developed a new initiative called Decentralized Property Ownership, which can make property transactions quicker and more secure by combining blockchain technology and AI integrations. 

Given these massive developments, PRO may reclaim the peak resistance level at $3.37 within a few weeks if the bulls recover. Furthermore, the bulls gaining strength can help the price breach the psychological $5 mark to retouch the token’s all-time high (ATH) value at $6.15 by the end of the year.

However, if the bears reassert their dominance, PRO may plummet until it tests the $0.71 level. A sustained bearish momentum may even lead to a bigger plunge, and the token’s price may fall below $0.46 by the end of the year.

The long-term depiction of PRO’s trajectory also looks promising. Our AI/ML predictive models have predicted the token to reach an average value of $841.57 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 $15,565.66 in 2035.

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

• The trading volume was slightly low at the onset of the analysis period. A major spike was observed in July, but it went down again in August.
• Another spike was noticed in December. However, the volume dropped drastically from early April. It remained significantly low at the time of writing, indicating a lack of interest among buyers.
• The Awesome Oscillator (AO) remained below the zero line for most of 2023, indicating a slight bearish momentum within the market.
• In a turn of events, the AO recovered to surpass the neutral line in late November. From mid-March of 2024, it picked up momentum to reach its highest point by late April. However, the indicator dipped slightly in May, and its value stood at 1.6245 at press time. This indicated that the market was experiencing a waning 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 late May and early November.
• By mid-November, the indicator began to rise upward amid some fluctuations that continued until the end of the analysis. The CMF was at -0.04 at press time, indicating that selling pressure slightly outweighed buying pressure. However, the indicator recovered considerably from its lowest point of -0.48, as recorded in late October.