$0.15
$-0.01 (-3.84%)
End-of-day quote: 2022-10-17
BST/USD

Is Blocksquare on the rise?

No, the price of Blocksquare has been decreasing steadily since November 15, 2021, and is currently down by -11.76%. The 200-day moving average is currently -53.24% above the current price. The 100-day moving average is -62.34% above the current price, and the 50-day moving average is -65.51% above the current price.

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 Blocksquare Forecast for 2023

We need to look more closely at a forecast for the one-year outlook, as it is more accurate than other predictions.

For Blocksquare prices in the next year, analysts have made various forecasts. The most optimistic prediction is for a 12-month price target of $0.18, while the most pessimistic outlook is for $0.14.

The most recent forecasted price target for the next year is $0.15, which is crucial to note.

This means it's possible to witness a gain of 2.68 percent.

BST - Relative Strength Forecast

Blocksquare has broken the 25 strength line from below on 2022-08-30 and then changed into a strong trend, which thereby generated buy signals that lasted one month. Late Sep 2022 we see how the relative strength falls from above 25 to below 25. Thus, Blocksquare has been in a sell signal since 2022-09-29.

BST - Trend Prediction

BST - Price Volatility Prediction

From 08/22/2021 we see a strong Blocksquare above the moving average causing rising prices of Blocksquare. From late Feb 2022 we then see a strong Blocksquare, which then triggers a buy signal.

BST - Relative Strength

From 09/12/2022 to 09/13/2022 Blocksquare was so overbought that this led to a reversal trend. Mid Sep 2022 we then see Blocksquare developing more and more weakness, which is a sell signal.

BST - Momentum Forecast

Mid Oct 2022 Blocksquare left the overbought zone to the downside, resulting in a short-term negative change in trend. In October we then see weak volatility for Blocksquare for a longer period of time which led to negative signals for Blocksquare.

Blocksquare's Prospects For 2025-2030

The next few years look good for Blocksquare. Fifteen analysts have predicted that by March 2025, Blocksquare will have reached $0.16. The Blocksquare price is expected to be $0.17 by March 2027, according to the five-year forecast. The long-term forecast for 2030 is $0.19.