$408.26
+ $14.05 (3.56%)
End-of-day quote: 2022-10-26
BIFI/USD

Is Beefy on the rise?

No, the price is lower than all three moving averages. Thus, it is in a downtrend.

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 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

Beefy broke through the 25 strength line from above on and then changed into a trend, which thereby generated sell signals that lasted one month.

BIFI - Trend Prediction

BIFI - Price Volatility Prediction

BIFI - Relative Strength

BIFI - Momentum Forecast

In we then see weak volatility for Beefy for a longer period of time which led to negative signals for Beefy.

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.