The question is if Balancer is currently on an uptrend?
According to the data, since April 10, 2022, Balancer has been steadily decreasing and has gone down -79.08%. Concerning the 200-day moving average line, 126.45 is currently 71.45% above it. It is also 55.96% above the 100-day moving average line and __val__% above the 50-day moving average line.
Predictions for the price of Balancer in 2023
Let's examine the one-year forecast more closely since it is the most precise of the analysts' forecasts.
Analysts were divided in their predictions for the Balancer price over the next year. The highest forecast predicted a one-year price target of $4.13. However, the most pessimistic forecast was $3.12.
The latest average price target for the next year is $3.56, which is the most vital figure.
This means that Balancer could drop by -0.43% in value during 2023.
BAL - Relative Strength Forecast
BAL - Trend Prediction
BAL - Price Volatility Prediction
BAL - Relative Strength
BAL - Momentum Forecast
Balancer's Prospects For 2025-2030
Balancer's future looks promising. According to eight analysts, Balancer is expected to reach $3.53 by March 2025. The five-year forecast projects that the Balancer price will be $3.50 by March 2027. The long-term prediction for 2030 is $3.46.