Is Beefy on the rise?
No, the price is lower than all three moving averages. Thus, it is in a downtrend.
The Beefy price prediction for 2023
To get a more accurate idea of what might happen next year, let's take a closer look at the one-year forecast.
There was quite a range of predictions from different analysts about where the price of Beefy would be in 12 months' time. The most optimistic said it could reach $498.61, while the most pessimistic said it could drop to $384.30.
However, the most recent average price target for the next year is $434.51, which is the most significant.
This would represent a potential gain of 6.43 percent.
BIFI - Relative Strength Forecast
BIFI - Trend Prediction
BIFI - Price Volatility Prediction
BIFI - Relative Strength
BIFI - Momentum Forecast
What Will Happen to Beefy in 2025-2030?
The long-term prospects for Beefy appear to be very good. According to the predictions of 2 different analysts, the value of Beefy is expected to reach $492.19 by March 2025. Furthermore, their five-year forecast predicts that Beefy will be worth $557.52 by 2027. Finally, by 2030, the long-term projection is that Beefy will have a value of $672.12.