$1.47
$-0.03 (-2.28%)
End-of-day quote: 2022-10-17
BAND/USD

Is Band Protocol on an uptrend?

No, since November 4, 2021, Band Protocol has been in a long-term downward trend and has decreased by -85.03 percent over that period. The 200-day line is currently 45.31 percent away from the current price. It is -3.14 percent away from the 100-day line and -16.08 percent from the 50-day line.

EMA 200-day line
EMA 100-day line
EMA 50-day line
SMA 200-day line
SMA 100-day line
SMA 50-day line

The Band Protocol price prediction for 2023

Let's look at the one-year forecast more closely since it is the most accurate of the analysts' forecasts.

Analysts had various forecasts for the Band Protocol price over the next year. While the most optimistic forecast predicted a 12-month price target of $1.70, the most pessimistic forecast would be $1.29.

The most recent average price target for the next year is $1.47, which is the most important figure.

This suggests a potential gain of 0.16 percent.

BAND - Relative Strength Forecast

Band Protocol has broken the 25 strength line from below on 2022-07-31 and then changed into a strong trend, which thereby generated buy signals that lasted one month. Early Sep 2022 we see how the relative strength falls from above 25 to below 25. Thus, Band Protocol has been in a sell signal since 2022-09-02.

BAND - Trend Prediction

BAND - Price Volatility Prediction

From 09/13/2022 we see a strong Band Protocol above the moving average causing rising prices of Band Protocol. From early Oct 2022 we then see a strong Band Protocol, which then triggers a buy signal.

BAND - Relative Strength

From 08/10/2022 to 08/11/2022 Band Protocol was so overbought that this led to a reversal trend. Mid Oct 2022 we then see Band Protocol developing more and more weakness, which is a sell signal.

BAND - Momentum Forecast

Mid Oct 2022 Band Protocol left the oversold zone to the upside, which led to a short-term _-val__ change in trend. In October we then see weak volatility for Band Protocol for a longer period of time which led to negative signals for Band Protocol.

Band Protocol projections through 2025-2030

Band Protocol's long-term prospects appear to be good. According to fourteen analysts, Band Protocol is expected to reach $1.48 by March 2025. The five-year forecast projects that the Band Protocol price will be $1.48 by March 2027. The long-term prediction for 2030 is $1.49.