$0.22
$-0.01 (-2.40%)
End-of-day quote: 2022-10-17
8BIT/USD

Is 8BITEARN on the rise?

No, April 6, 2022 has been on a long-term downswing since 8BITEARN, gaining 46.67 percent. The 200-day trendline is currently -58.67 percent away from the current price, -65.35 percent from the 100-day line, and -67.61 percent from the 50-day line.

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 8BITEARN 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 8BITEARN would be in 12 months' time. The most optimistic said it could reach $0.26, while the most pessimistic said it could drop to $0.20.

However, the most recent average price target for the next year is $0.23, which is the most significant.

This would represent a potential gain of 3.14 percent.

8BIT - Relative Strength Forecast

8BITEARN 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, 8BITEARN has been in a sell signal since 2022-09-29.

8BIT - Trend Prediction

8BIT - Price Volatility Prediction

From 02/04/2022 we see a weak 8BITEARN below the moving average, which thereby causes falling prices of 8BITEARN. From late Feb 2022 we then see a weak 8BITEARN, which then triggers a sell signal.

8BIT - Relative Strength

From 09/12/2022 to 09/13/2022 8BITEARN was so overbought that this led to a reversal trend. Mid Sep 2022 we then see 8BITEARN developing more and more weakness, which is a sell signal.

8BIT - Momentum Forecast

Mid Oct 2022 8BITEARN left the oversold zone to the upside, which led to a short-term _-val__ change in trend. In October we then see weak volatility for 8BITEARN for a longer period of time which led to negative signals for 8BITEARN.

What Will Happen to 8BITEARN in 2025-2030?

The long-term prospects for 8BITEARN appear to be very good. According to the predictions of 1 different analysts, the value of 8BITEARN is expected to reach $0.24 by March 2025. Furthermore, their five-year forecast predicts that 8BITEARN will be worth $0.26 by 2027. Finally, by 2030, the long-term projection is that 8BITEARN will have a value of $0.28.