Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
- Bitget Token is up 14.61% today against the US Dollar
- BGB/BTC increased by 16.76% today
- BGB/ETH increased by 15.51% today
- Bitget Token is currently trading 10.53% below our prediction on Jan 01, 2025
- Bitget Token gained 414.94% in the last month and is up 1,307.49% since 1 year ago
| Bitget Token price | $ 8.27 |
| Bitget Token prediction | $ 9.25 (10.18%) |
| Sentiment | Bullish |
| Fear & Greed index | 74 (Greed) |
| Key support levels | $ 6.08, $ 4.88, $ 4.04 |
| Key resistance levels | $ 8.12, $ 8.96, $ 10.16 |
BGB price is expected to rise by 10.18% in the next 5 days according to our Bitget Token price prediction
According to our Bitget Token price prediction, BGB is expected to reach a price of $ 9.25 by Jan 01, 2025. This would represent a 10.18% price increase for BGB in the next 5 days.
BGB Price Prediction Chart
Buy/Sell Bitget Token
What has been going on with Bitget Token in the last 30 days
Bitget Token has been displaying a positive trend recently, as the coin gained 414.94% in the last 30-days. The medium-term trend for Bitget Token has been bullish, with BGB increasing by 689.39% in the last 3 months. The long-term picture for Bitget Token has been positive, as BGB is currently displaying a 1,307.49% 1-year price change. On this day last year, BGB was trading at $ 0.587911.
Bitget Token reached its all-time high price on Dec 27, 2024, when the price of BGB peaked at $ 8.49. The current BGB cycle high is $ 8.32, while the cycle low is at $ 7.98. BGB has been displaying high volatility recently – the 1-month volatility of the coin is at 42.26. Bitget Token recorded 19 green days in the last 30 days.
Bitget Token technical analysis for today – Dec 27, 2024
The sentiment in the Bitget Token markets is currently Bullish, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 6.08, $ 4.88 and $ 4.04, while $ 8.12, $ 8.96 and $ 10.16 are the key resistance levels.
Bullish sentiment for Bitget Token
29 indicators are currently signaling a bullish prediction for Bitget Token, while 5 indicators are showing a bearish forecast. With 85% of indicators favoring a positive prediction. This results in an overall Bullish sentiment for Bitget Token.
Crypto market is currently experiencing Greed
Currently, the Fear & Greed index is at 74 (Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.
Bitget Token moving averages & oscillators
Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Bitget Token is positioned in the market right now.
| Period | Daily Simple | Daily Exponential | Weekly Simple | Weekly Exponential |
| MA3 | $ 5.38 (BUY) | $ 4.44 (BUY) | – | – |
| MA5 | $ 4.66 (BUY) | $ 4.14 (BUY) | – | – |
| MA10 | $ 4.40 (BUY) | $ 3.65 (BUY) | – | – |
| MA21 | $ 3.57 (BUY) | $ 3.01 (BUY) | $ 2.36 (BUY) | $ 1.73 (BUY) |
| MA50 | $ 2.35 (BUY) | $ 2.25 (BUY) | $ 1.64 (BUY) | $ 1.28 (BUY) |
| MA100 | $ 1.71 (BUY) | $ 1.77 (BUY) | $ 1.02 (BUY) | $ 0.937534 (BUY) |
| MA200 | $ 1.38 (BUY) | $ 1.43 (BUY) | $ 0.376220 (BUY) | $ 0.421235 (BUY) |
| Period | Value | Action |
| RSI (14) | 91.93 | SELL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 89.99 | SELL |
| Commodity Channel Index (20) | 66.67 | NEUTRAL |
| Average Directional Index (14) | 67.27 | BUY |
| Awesome Oscillator (5, 34) | 2.10 | NEUTRAL |
| Momentum (10) | 3.84 | NEUTRAL |
| MACD (12, 26) | 0.26 | NEUTRAL |
| Williams Percent Range (14) | -10.01 | SELL |
| Ultimate Oscillator (7, 14, 28) | 72.09 | SELL |
| VWMA (10) | 5.35 | BUY |
| Hull Moving Average (9) | 6.65 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 4.64 | NEUTRAL |
The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Bitget Token is at 91.93, suggesting that BGB is currently overbought.
The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Bitget Token over the last 50 days. Currently, Bitget Token is trading below the SMA 50 trendline, which is a bearish signal.
Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the BGB closing price for the last 200 days. BGB is now trading below the SMA 200, signaling that the market is currently bearish.
The bottom line about this Bitget Token prediction
After considering the above factors, we can conclude that the current forecast for Bitget Token price prediction is Bullish. BGB would have to increase by 10.18% to hit our $ 9.25 target within the next five days. Moving forward, it will be important to monitor the BGB market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Bitget Token price predictions click here.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
Source: https://coincodex.com/article/59097/bitget-token-new-prediction-december-27-2024/