Is Bancor Network currently in an uptrend?
According to analysts, the answer is no. Since November 26, 2021, Bancor Network has been on a long-term downswing, decreasing in value by -81.58 percent. The 200-day moving average is currently 45.58 percent less than the current price, -16.99 percent less than the 100-day moving average, and -34.7% lower than the 50-day moving average.
The Bancor Network Forecast for 2023
The one-year forecast is generally seen as the most accurate.
Some analysts were optimistic, predicting a 12-month price target of $0.81. Others were much less optimistic, with an anticipated price of $0.61.
The most recent average price target for the following year is $0.70, which is the most crucial number.
This means that Bancor Network could drop by -0.15% in value during 2023.
BNT - Relative Strength Forecast
BNT - Trend Prediction
BNT - Price Volatility Prediction
BNT - Relative Strength
BNT - Momentum Forecast
The Future of Bancor Network In 2025-2030
The future of Bancor Network looks bright according to four analysts who predict that the cryptocurrency will reach $0.70 by March 2025. In five years, the price of Bancor Network is expected to be $0.69, and by 2030, it is anticipated to reach $0.69.