BakeryToken Price Prediction

BakeryToken (BAKE) Price Prediction

How much will BakeryToken (BAKE) be worth in 2025, 2026, 2027, up to 2030? Check out other opinions on price targets and project confidence levels — known as a Consensus Rating — when deciding on your own price targets. Data displayed are based on user input and not Binance's opinion.

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Price Target on BakeryToken (BAKE)

$ 0.279003

-0.49%

(24H)

Enter your price growth prediction

* All price predictions are based on user input. Binance does not contribute to or influence any of the price predictions on this page.

Visualize your price target on a graph with the Price Prediction Graph tool below. Simply enter your prediction for BakeryToken’s growth in percentage, and click ‘Calculate Prediction’.

Please note that you can enter a negative or positive growth percentage.

Actual

Forecast

Page last updated: 2024-05-19 03:38 (UTC+0)

Technical Analysis

Technical analysis is a useful tool for predicting trends on a chart. However, recently many people have started trading with bots that have technical analysis concepts programmed into them. Below is an automated report of where the market is trending and which direction it may go at different time intervals into the future. While this is a BakeryToken price prediction based on technicals, please do your own research and trade based on your own knowledge and ability.

4 Hours

1 Day

1 Week

Moving Average

On the four-hour time frame, BakeryToken is currently trending bullish with the 50 day moving average currently sloping up.
BakeryToken’s 200 day moving average is sloping down and has been doing so since 5/14/2024 which means the trend is weak.

Relative Strength Index

Currently the RSI is within the 30-70 neutral zone, which indicates the price is trending neutral with the price being able to keep RSI in that state for a while.

Moving Average

On the 1 day time frame, BakeryToken is currently trending bearish with the 50 day moving average currently sloping down and above the current BakeryToken price, which could act as a resistance the next time it interacts with it.
BakeryToken’s 200 day moving average is sloping up and has been doing so since 4/19/2024 which means the trend is strong.
The 200 daily moving average is currently above the price, which means if price interacts with it again, it can potentially be used as a resistance to continue the trend.

Relative Strength Index

Currently the RSI is within the 30-70 neutral zone, which indicates the price is trending neutral with the price being able to keep RSI in that state for a while.

Moving Average

On the weekly time frame, BakeryToken is currently trending bullish with the 50 day moving average currently sloping up and below the current BakeryToken price, which could act as a support the next time it interacts with it.

Relative Strength Index

Currently the RSI is within the 30-70 neutral zone, which indicates the price is trending neutral with the price being able to keep RSI in that state for a while.

MACD

On the histogram side, there is a bullish divergence, which could mean the price is going to reverse as well.

Daily BakeryToken (BAKE) Price Prediction For Today, Tomorrow, this Week, and Next 30 Days

Based on your price prediction input for BakeryToken, the value of BAKE is projected to increase by 5%, potentially reaching $ 0.279264 by the end of this week.

Year	Price
May 19, 2024	$ 0.279003
May 20, 2024	$ 0.27904
May 26, 2024	$ 0.279264
Jun 18, 2024	$ 0.280124

BakeryToken (BAKE) Price Prediction 2030

According to your price prediction input for BakeryToken, the value of BAKE may increase by +5% and reach $ 0.373891 by 2030.

Year	Price
2024	$ 0.279003
2025	$ 0.292953
2026	$ 0.307601
2027	$ 0.322981
2030	$ 0.373891

Current BAKE Price

$ 0.279003

-0.49%

(24H)

The live price of BakeryToken is $ 0.279003 per (BAKE / USD) today with a current market cap of $ 80.85M USD. 24-hour trading volume is $ 11.41M USD. BAKE to USD price is updated in real-time. BakeryToken is -0.49% in the last 24 hours. It has a circulating supply of 289.77M.

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Content published on our Coin Prediction pages is based on information and feedback provided to us by verified Binance users and/or other third party sources. It is presented to you on an ‘as is’ basis for informational and illustrative purposes only, without representation or warranty of any kind. The presented price prediction may not be accurate and should not be treated as such. Future price may differ significantly from the presented prediction and it should not be relied on. It should not be construed as financial advice, nor is it intended to recommend the purchase of any specific product or service. Binance shall not be liable to you in any way, for any losses that you may incur arising from your reference to, use of, and/or reliance on any content published on our Coin Prediction pages.

Please also be aware that digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is also not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks.You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment.

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Consensus Rating

Binance Square

Silentrocket

3 minutes ago

$PYTH : Moon Landing Delayed? PYTH fam, what's the deal? The price has been stuck on Earth for over a month, dropping more than 20%. Currently trading around $0.441 with a decent $76 million daily volume, but still way off its all-time high. 😴🤧

Here's the lowdown:
1) #PYTH Downward Spiral: PYTH's been dipping, down over 4% in the past week.
2) Missing Mr. ATH: Still a long way to go to reach its all-time high of $1.15 – that's a 61.58% gap!
3) Strong Support: The lowest PYTH traded recently was $0.398, showing some buying interest.
4) Outperformed by Market Leaders: PYTH lagged behind Bitcoin and Ethereum in the past week, with returns of -8.12% and -6.15% respectively.
5) Money Flowing In: Despite the price drop, there's actually a net inflow of over 5.9 million PYTH tokens (around $2.35 million) in the last day, which is a good sign.
6) Top Oracle Player: PYTH remains a major player, ranking 4th among the top 5 oracles with a TVS of $4.95 billion and 191 protocols secured.

**Upcoming Unlock Incoming: The big one everyone's watching – a massive unlock worth over $900 million is happening on May 20th, 2024. This could be a key event to keep an eye on.**👀

PYTH Hodlers, what do you think!! DYOR! #altcoins #BTC

vincentprice

7 minutes ago

BTC

Be ready for a dump anytime soon. Probably tomorrow. The chart looks like the classic bull trap before alt season.

A pump above 71k$ invalidates this scenario (very very unlikely)

Trade safely

Jame Bong inZs

25 minutes ago

Hong Kong police arrested employees of a cryptocurrency exchange for fraud involving Tether (USDT). The suspects allegedly persuaded a customer to transfer 1 million HKD in USDT but provided stacks of "hell money" instead of cash. Authorities seized 3,000 hell banknotes, a safe, and a counting machine from the Tsim Sha Tsui shop. This incident highlights ongoing issues with crypto fraud in Hong Kong, with authorities urging caution and recommending reputable exchanges for transactions.

For more details, you can read the full article [here](https://0xzx.com/zh-tw/2024051910084410613.html).

CRYPTO HINDUSTAN

2 hours ago

$WEST #waves #enterprise 2.O 🆙

After successfully achieving all 🎯 in last rally,
Came back to our buy zone Exact & bounced ⬆️ hard.

Personally I hadn’t brought this dip.

2.5X Done ✔️ in this week.
From Buy 🎯:- 0.0065$ to 0.017$ ( PROFIT🎯)

Those who brought👍

Those who missed the bottom,
ADD IN next 2-3 days 0.01$ around <—BUY 🎯

👉This UPCOMING ⬆️ RALLY I BELIEVE MOST OF OUR COINS WILL HAVE THIS TYPE OF INSANE 🆙 MOVEMENT ONCE MARKET TURNS +Ve.

🆕BUY 🎯:- 0.01$
Profit 🎯:- 0.035$ to 0.05$
Maximum 🎯:- 0.08$-0.1$
#CRIPTOHINDUSTAN #kucoin #KuCoinToken #CMEBitcoinSpotTrading #altcoins

ZyCrypto

7 hours ago

Ripple’s Africa Expansion Plans Puts XRP on Path to Coveted $1 Price Target

Ripple’s recent announcement of its ambitious plans to expand into Africa has boosted XRP’s trajectory. With the crypto asset now trading at $0.52, the crypto community speculates whether XRP can push past its next resistance level of $0.55 and potentially reach $1.

Ripple, a major leader in cross-border payment solutions, is set to introduce its XRP Ledger (XRPL) and a suite of crypto-native services, including custody solutions, to the African continent.

Reece Merrick, Managing Director Middle East, Africa for @Ripple, says they are best known for payments but stepping into " crypto native services" (custody) and supporting the #XRPL program in the region. https://t.co/MzySaYOw5A "Looking to expand quite heavily here" pic.twitter.com/RfVE7xUjpH

— Crypto Eri Carpe Diem (@sentosumosaba) May 17, 2024

This strategic move is in partnership with MFS Africa, a leading payments firm operating in 35 African countries. Ripple’s On-Demand Liquidity (ODL) product, which leverages XRP to facilitate swift and cost-effective cross-border transactions, will be at the forefront of this expansion.

This collaboration aims to streamline and enhance the efficiency of the region’s remittances and other payment processes, tapping into a vast market with significant growth potential. Reece Merrick, Ripple’s Managing Director for the Middle East and Africa, emphasized the company’s commitment to establishing a robust presence in emerging markets through innovative crypto services.

Market Reaction and XRP Price Surge

The announcement had an immediate impact on XRP’s market performance. The cryptocurrency increased from $0.48 to $0.52, reflecting a 1.4% rise. This surge underscores the market’s positive reception to Ripple’s strategic expansion plans and its potential to drive further adoption of XRP across the African market.

XRP’s market capitalization currently stands at $28.7 billion, and its 48-hour trading volume has reached $1.1 billion, indicating strong investor interest and trading activity. Technical indicators suggest XRP could see further gains, with the next resistance level at $0.55. If bullish momentum continues, the digital asset might target the $1 mark, a significant psychological and technical milestone.

Ripple’s foray into Africa is part of a broader vision to leverage blockchain technology for various financial services beyond cross-border payments. The introduction of custody services and other crypto-native solutions reflects Ripple’s strategy to diversify its offerings and provide comprehensive financial tools to businesses and consumers in the region.

This expansion comes amidst Ripple’s ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). The SEC has accused Ripple of selling XRP as an unregistered security and is seeking approximately $2 billion in fines. Ripple, however, disputes this figure, arguing that the appropriate penalty should be around $10 million. Despite these legal challenges, Ripple continues to pursue its growth agenda.

XRP Technical Analysis and Prediction

XRP has struggled to gain momentum, consistently hitting a wall at the $0.55 resistance level. This stagnation is evident across various timeframes, with the cryptocurrency experiencing declines over the past month, week, and even the last 24 hours. Currently, XRP is trading at $0.52, a slight uptick from its position a week ago.

Despite the sluggish market, analysts offer a more hopeful outlook. They forecast a notable rise for XRP, suggesting that the coin could reach $0.65 by mid-week. This would mark an impressive gain of over 25%.

From a technical analysis perspective, breaking past the $0.55 resistance is crucial for XRP to enter a bullish phase. If the analysts’ optimistic forecast materializes, it could reinvigorate investor confidence and drive further price increases. Conversely, failure to break this barrier might lead to a period of consolidation, with prices potentially stabilizing around $0.50.

The primary challenge with XRP is that its value is largely driven by its underlying fundamentals rather than market hype. As a result, big returns might take longer to materialize.