Price Target on BakeryToken (BAKE)
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* All price predictions are based on user input. Binance does not contribute to or influence any of the price predictions on this page.
Visualize your price target on a graph with the Price Prediction Graph tool below. Simply enter your prediction for BakeryToken’s growth in percentage, and click ‘Calculate Prediction’.
Please note that you can enter a negative or positive growth percentage.
Page last updated: 2024-11-15 21:22 (UTC+0)
Technical Analysis
Technical analysis is a useful tool for predicting trends on a chart. However, recently many people have started trading with bots that have technical analysis concepts programmed into them. Below is an automated report of where the market is trending and which direction it may go at different time intervals into the future. While this is a BakeryToken price prediction based on technicals, please do your own research and trade based on your own knowledge and ability.
Moving Average
- On the four-hour time frame, BakeryToken is currently trending bullish with the 50 day moving average currently sloping up.
- BakeryToken’s 200 day moving average is sloping up and has been doing so since 11/10/2024 which means the trend is strong.
- On the four-hour time frame, if we were to give a BakeryToken price prediction, it would be bearish considering the way the 50 day and 200 day moving averages are bullish.
Relative Strength Index
- Currently the RSI is within the 30-70 neutral zone, which indicates the price is trending neutral with the price being able to keep RSI in that state for a while.
Moving Average
- On the 1 day time frame, BakeryToken is currently trending bearish with the 50 day moving average currently sloping down and below the current BakeryToken price, which could act as a support the next time it interacts with it.
- BakeryToken’s 200 day moving average is sloping down and has been doing so since 10/16/2024 which means the trend is weak.
- The 200 daily moving average is currently above the price, which means if price interacts with it again, it can potentially be used as a resistance to continue the trend.
- On the 1 day time frame, if we were to give a BakeryToken price prediction, it would be bearish considering the way the 50 day and 200 day moving averages are trending.
Relative Strength Index
- Currently the RSI is within the 30-70 neutral zone, which indicates the price is trending neutral with the price being able to keep RSI in that state for a while.
Moving Average
- On the weekly time frame, BakeryToken is currently trending bullish with the 50 day moving average currently sloping up and above the current BakeryToken price, which could act as a resistance the next time it interacts with it.
Relative Strength Index
- Currently the RSI is within the 30-70 neutral zone, which indicates the price is trending neutral with the price being able to keep RSI in that state for a while.
MACD
- On the histogram side, there is neither a bearish or bullish divergence. If there is no bearish or bullish signal divergence, there is no signal for the histogram.
Daily BakeryToken (BAKE) Price Prediction For Today, Tomorrow, this Week, and Next 30 Days
Based on your price prediction input for BakeryToken, the value of BAKE is projected to increase by 5%, potentially reaching $ 0.256646 by the end of this week.
| Year | Price |
|---|
| Nov 15, 2024 | $ 0.256406 |
| Nov 16, 2024 | $ 0.25644 |
| Nov 22, 2024 | $ 0.256646 |
| Dec 15, 2024 | $ 0.257436 |
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Please also be aware that digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is also not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks.You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment.
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