Beefy (BIFI) Price Prediction
Beefy Price Prediction up to $152.71 by 2026
| Year | Min. Price | Max. Price |
|---|---|---|
| 2026 | $51.16 | $152.71 |
| 2027 | $49.25 | $129.38 |
| 2028 | $88.88 | $217.70 |
| 2029 | $195.25 | $642.30 |
| 2030 | $166.05 | $480.11 |
| 2031 | $196.33 | $438.29 |
| 2032 | $299.68 | $813.01 |
| 2033 | $696.39 | $2,165.56 |
| 2034 | $559.87 | $1,254.18 |
| 2035 | $661.94 | $1,477.73 |
Investment Profit Calculator
If you open a short on $10,000.00 of Beefy today and close it on Apr 06, 2026, our forecast suggests you could make around $3,954.62 in profit, equal to a 39.55% ROI over the next 90 days.
Long-term Beefy price prediction for 2027, 2028, 2029, 2030, 2031, 2032 and 2037
[
'name' => 'Beefy'
'name_with_ticker' => 'Beefy <small>BIFI</small>'
'name_lang' => 'Beefy'
'name_lang_with_ticker' => 'Beefy <small>BIFI</small>'
'name_with_lang' => 'Beefy'
'name_with_lang_with_ticker' => 'Beefy <small>BIFI</small>'
'image' => '/uploads/coins/beefy-finance.png?1717084070'
'price_for_sd' => 148.08
'ticker' => 'BIFI'
'marketcap' => '$11.89M'
'low24h' => '$147.16'
'high24h' => '$150.75'
'volume24h' => '$1.12M'
'current_supply' => '80K'
'max_supply' => '80K'
'algo' => null
'proof' => null
'ico_price_and_roi' => '—'
'price' => '$148.08'
'change_24h_pct' => '-0.5756%'
'ath_price' => '$4,116.95'
'ath_days' => 1757
'ath_exchange' => null
'ath_pair' => null
'ath_date' => 'Mar 16, 2021'
'ath_pct' => '-96.41%'
'fdv' => '$11.89M'
'new_prediction' => true
'change_24h_pct_is_increased' => false
'change_30d_pct' => null
'change_30d_pct_is_increased' => false
'max_price' => '$7,301.36'
'max_price_year' => 2037
'next_week_prediction_price' => '$149.34'
'next_week_prediction_price_date' => 'January 13, 2026'
'next_week_prediction_price_change_pct' => '0.86%'
'next_week_prediction_price_is_increased' => true
'next_month_prediction_price' => '$130.87'
'next_month_prediction_price_date' => 'February 5, 2026'
'next_month_prediction_price_change_pct' => '-11.62%'
'next_month_prediction_price_is_increased' => false
'current_year' => '2026'
'current_year_min_price_prediction' => '$51.16'
'current_year_max_price_prediction' => '$152.71'
'current_year_max_price_prediction_is_increased' => true
'grand_prediction_year' => 2030
'grand_prediction_min_price' => '$166.05'
'grand_prediction_max_price' => '$480.11'
'grand_prediction_max_price_is_increased' => true
'prediction_table' => [
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'max_raw' => 152.71865644424
'avg_raw' => 101.94013399292
'max_pct' => '3.13%'
'is_grow' => true
'min' => '$51.16'
'max' => '$152.71'
'avg' => '$101.94'
'bar_min_pct' => 50.898974802884
'bar_max_pct' => 51.045822849954
'min_diff' => -96.9183884584
'max_diff' => 4.6386564442363
'year' => 2026
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216 => 4165.9686013211
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317 => 2894.2670008751
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828 => 5964.0940736006
829 => 5783.285868853
830 => 5550.5884994727
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901 => 4739.4188713306
902 => 5486.6613761502
903 => 5454.4389205701
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907 => 6004.2282078166
908 => 5930.2809359744
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1213 => 3431.076778399
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1215 => 3569.5907435824
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1217 => 3415.8825333227
1218 => 3433.4781746531
1219 => 3142.6614182379
1220 => 3492.5333985338
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1222 => 3469.6511621063
1223 => 3655.9471905284
1224 => 4049.0899176874
1225 => 3901.1738096006
1226 => 3843.8962217614
1227 => 3735.0114854093
1228 => 3880.0939316625
1229 => 3868.953863429
1230 => 3818.5742501316
1231 => 3788.1045028154
]
'min_raw' => 2845.5531443968
'max_raw' => 7301.3635364243
'avg_raw' => 5073.4583404106
'max_pct' => '4830.69%'
'is_grow' => true
'min' => '$2,845.55'
'max' => '$7,301.36'
'avg' => '$5,073.45'
'bar_min_pct' => 100
'bar_max_pct' => 100
'min_diff' => 1749.8324425457
'max_diff' => 4243.9629942487
'year' => 2037
]
]
'prediction_periods' => [
0 => [
'items' => [
0 => [
'year' => 2027
'avg' => 89.318661661869
]
1 => [
'year' => 2028
'avg' => 153.29675280452
]
2 => [
'year' => 2029
'avg' => 418.77909961041
]
3 => [
'year' => 2030
'avg' => 323.08745168489
]
4 => [
'year' => 2031
'avg' => 317.31191734165
]
5 => [
'year' => 2032
'avg' => 556.34765283547
]
]
'min_year' => 2027
'max_year' => 2032
'min_raw' => 89.318661661869
'min' => '$89.31'
'max_raw' => 556.34765283547
'max' => '$556.34'
'max_pct' => '275.71%'
'is_grow' => true
]
1 => [
'items' => [
0 => [
'year' => 2032
'avg' => 556.34765283547
]
1 => [
'year' => 2033
'avg' => 1430.9833716473
]
2 => [
'year' => 2034
'avg' => 907.02603079295
]
3 => [
'year' => 2035
'avg' => 1069.839283328
]
4 => [
'year' => 2036
'avg' => 2076.5606220134
]
5 => [
'year' => 2037
'avg' => 5073.4583404106
]
]
'min_year' => 2032
'max_year' => 2037
'min_raw' => 556.34765283547
'min' => '$556.34'
'max_raw' => 5073.4583404106
'max' => '$5,073.45'
'max_pct' => '3326.16%'
'is_grow' => true
]
2 => [
'items' => [
0 => [
'year' => 2037
'avg' => 5073.4583404106
]
]
]
]
'prediction_2025_max_price' => '$152.71'
'last_price' => 148.08
'sma_50day_nextmonth' => '$143.81'
'sma_200day_nextmonth' => '$155.69'
'sma_50day_ts_nextmonth' => 1770163200
'sma_200day_ts_nextmonth' => 1770163200
'sma_200day_direction' => 'increase'
'sma_200day_direction_label' => 'INCREASE'
'sma_200day_date_nextmonth' => 'Feb 4, 2026'
'sma_50day_date_nextmonth' => 'Feb 4, 2026'
'daily_sma3' => '$149.63'
'daily_sma3_action' => 'SELL'
'daily_sma5' => '$150.87'
'daily_sma5_action' => 'SELL'
'daily_sma10' => '$176.30'
'daily_sma10_action' => 'SELL'
'daily_sma21' => '$152.55'
'daily_sma21_action' => 'SELL'
'daily_sma50' => '$130.23'
'daily_sma50_action' => 'BUY'
'daily_sma100' => '$138.47'
'daily_sma100_action' => 'BUY'
'daily_sma200' => '$159.14'
'daily_sma200_action' => 'SELL'
'daily_ema3' => '$150.33'
'daily_ema3_action' => 'SELL'
'daily_ema5' => '$154.87'
'daily_ema5_action' => 'SELL'
'daily_ema10' => '$161.28'
'daily_ema10_action' => 'SELL'
'daily_ema21' => '$155.28'
'daily_ema21_action' => 'SELL'
'daily_ema50' => '$142.64'
'daily_ema50_action' => 'BUY'
'daily_ema100' => '$143.90'
'daily_ema100_action' => 'BUY'
'daily_ema200' => '$158.36'
'daily_ema200_action' => 'SELL'
'weekly_sma21' => '$152.06'
'weekly_sma21_action' => 'SELL'
'weekly_sma50' => '$173.64'
'weekly_sma50_action' => 'SELL'
'weekly_sma100' => '$253.96'
'weekly_sma100_action' => 'SELL'
'weekly_sma200' => '$371.96'
'weekly_sma200_action' => 'SELL'
'weekly_ema3' => '$154.45'
'weekly_ema3_action' => 'SELL'
'weekly_ema5' => '$150.91'
'weekly_ema5_action' => 'SELL'
'weekly_ema10' => '$146.02'
'weekly_ema10_action' => 'BUY'
'weekly_ema21' => '$151.95'
'weekly_ema21_action' => 'SELL'
'weekly_ema50' => '$184.27'
'weekly_ema50_action' => 'SELL'
'weekly_ema100' => '$251.75'
'weekly_ema100_action' => 'SELL'
'weekly_ema200' => '$436.35'
'weekly_ema200_action' => 'SELL'
'rsi_14' => '48.98'
'rsi_14_action' => 'NEUTRAL'
'stoch_rsi_14' => 14.71
'stoch_rsi_14_action' => 'BUY'
'momentum_10' => -112.29
'momentum_10_action' => 'SELL'
'vwma_10' => '199.58'
'vwma_10_action' => 'SELL'
'hma_9' => '138.30'
'hma_9_action' => 'BUY'
'stochastic_fast_14' => 19.23
'stochastic_fast_14_action' => 'BUY'
'cci_20' => -11.77
'cci_20_action' => 'NEUTRAL'
'adx_14' => 21.24
'adx_14_action' => 'NEUTRAL'
'ao_5_34' => '13.73'
'ao_5_34_action' => 'BUY'
'macd_12_26' => -5.21
'macd_12_26_action' => 'SELL'
'williams_percent_r_14' => -80.77
'williams_percent_r_14_action' => 'BUY'
'ultimate_oscillator' => 24.84
'ultimate_oscillator_action' => 'BUY'
'ichimoku_cloud' => '-10.629443'
'ichimoku_cloud_action' => 'NEUTRAL'
'sell_signals' => 27
'buy_signals' => 8
'sell_pct' => 77.14
'buy_pct' => 22.86
'overall_action' => 'bearish'
'overall_action_label' => 'BEARISH'
'overall_action_dir' => -1
'last_updated' => 1767710190
'last_updated_date' => 'January 6, 2026'
]
Beefy price prediction 2026
The Beefy price forecast for 2026 suggests that the average price could range between $51.16 on the lower end and $152.71 on the high end. In the crypto market, compared to today’s average price, Beefy could potentially gain 3.13% by 2026 if BIFI reaches the forecast price target.
Beefy price prediction 2027-2032
The BIFI price prediction for 2027-2032 is currently within a price range of $89.31 on the lower end and $556.34 on the high end. Considering the price volatility in the market, if Beefy reaches the upper price target, it could gain 275.71% by 2032 compared to today’s price.
| Beefy Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
|---|---|---|---|
| 2027 | $49.25 | $89.31 | $129.38 |
| 2028 | $88.88 | $153.29 | $217.70 |
| 2029 | $195.25 | $418.77 | $642.30 |
| 2030 | $166.05 | $323.08 | $480.11 |
| 2031 | $196.33 | $317.31 | $438.29 |
| 2032 | $299.68 | $556.34 | $813.01 |
Beefy price prediction 2032-2037
The Beefy price prediction for 2032-2037 is currently estimated to be between $556.34 on the lower end and $5,073.45 on the high end. Compared to the current price, Beefy could potentially gain 3326.16% by 2037 if it reaches the upper price target. Please note that this information is for general purposes only and should not be considered long-term investment advice.
| Beefy Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
|---|---|---|---|
| 2032 | $299.68 | $556.34 | $813.01 |
| 2033 | $696.39 | $1,430.98 | $2,165.56 |
| 2034 | $559.87 | $907.02 | $1,254.18 |
| 2035 | $661.94 | $1,069.83 | $1,477.73 |
| 2036 | $1,095.72 | $2,076.56 | $3,057.40 |
| 2037 | $2,845.55 | $5,073.45 | $7,301.36 |
Beefy potential price histogram
Beefy Price Forecast Based on Technical Analysis
As of January 6, 2026, the overall price prediction sentiment for Beefy is BEARISH, with 8 technical indicators showing bullish signals and 27 indicating bearish signals. The BIFI price prediction was last updated on January 6, 2026.
Beefy's 50-Day, 200-Day Simple Moving Averages and 14-Day Relative Strength Index - RSI (14)
According to our technical indicators, Beefy's 200-day SMA is projected to INCREASE over the next month, reaching $155.69 by Feb 4, 2026. The short-term 50-day SMA for Beefy is expected to reach $143.81 by Feb 4, 2026.
The Relative Strength Index (RSI) momentum oscillator is a commonly used tool to identify if a cryptocurrency is oversold (below 30) or overbought (above 70). Right now, the RSI stands at 48.98, suggesting that the BIFI market is in a NEUTRAL state.
Popular BIFI Moving Averages and Oscillators for Sat, Oct 19, 2024
Moving averages (MA) are widely used indicators across financial markets, designed to smooth out price movements over a set period. As lagging indicators, they are based on historical price data. The table below highlights two types: the simple moving average (SMA) and the exponential moving average (EMA).
Daily Simple Moving Average (SMA)
| Period | Value | Action |
|---|---|---|
| SMA 3 | $149.63 | SELL |
| SMA 5 | $150.87 | SELL |
| SMA 10 | $176.30 | SELL |
| SMA 21 | $152.55 | SELL |
| SMA 50 | $130.23 | BUY |
| SMA 100 | $138.47 | BUY |
| SMA 200 | $159.14 | SELL |
Daily Exponential Moving Average (EMA)
| Period | Value | Action |
|---|---|---|
| EMA 3 | $150.33 | SELL |
| EMA 5 | $154.87 | SELL |
| EMA 10 | $161.28 | SELL |
| EMA 21 | $155.28 | SELL |
| EMA 50 | $142.64 | BUY |
| EMA 100 | $143.90 | BUY |
| EMA 200 | $158.36 | SELL |
Weekly Simple Moving Average (SMA)
| Period | Value | Action |
|---|---|---|
| SMA 21 | $152.06 | SELL |
| SMA 50 | $173.64 | SELL |
| SMA 100 | $253.96 | SELL |
| SMA 200 | $371.96 | SELL |
Weekly Exponential Moving Average (EMA)
| Period | Value | Action |
|---|---|---|
| EMA 21 | $151.95 | SELL |
| EMA 50 | $184.27 | SELL |
| EMA 100 | $251.75 | SELL |
| EMA 200 | $436.35 | SELL |
Beefy Oscillators
An oscillator is a technical analysis tool that sets high and low boundaries between two extremes, creating a trend indicator that fluctuates within these limits. Traders use this indicator to identify short-term overbought or oversold conditions.
| Period | Value | Action |
|---|---|---|
| RSI (14) | 48.98 | NEUTRAL |
| Stoch RSI (14) | 14.71 | BUY |
| Stochastic Fast (14) | 19.23 | BUY |
| Commodity Channel Index (20) | -11.77 | NEUTRAL |
| Average Directional Index (14) | 21.24 | NEUTRAL |
| Awesome Oscillator (5, 34) | 13.73 | BUY |
| Momentum (10) | -112.29 | SELL |
| MACD (12, 26) | -5.21 | SELL |
| Williams Percent Range (14) | -80.77 | BUY |
| Ultimate Oscillator (7, 14, 28) | 24.84 | BUY |
| VWMA (10) | 199.58 | SELL |
| Hull Moving Average (9) | 138.30 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | -10.629443 | NEUTRAL |
Beefy price prediction based on worldwide money flows
Worldwide money flows definitions used for Beefy price prediction
M0: The total of all physical currency, plus accounts at the central bank which can be exchanged for physical currency.
M1: Measure M0 plus the amount in demand accounts, including "checking" or "current" accounts.
M2: Measure M1 plus most savings accounts, money market accounts, and certificate of deposit (CD) accounts of under $100,000.
Beefy price predictions by Internet companies or technological niches
| Comparison | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 |
|---|---|---|---|---|---|---|
| Facebook stock | $208.07 | $292.38 | $410.84 | $577.30 | $811.21 | $1,139.89 |
| Amazon.com stock | $308.97 | $644.70 | $1,345.20 | $2,806.85 | $5,856.66 | $12,220.27 |
| Apple stock | $210.04 | $297.92 | $422.58 | $599.40 | $850.21 | $1,205.95 |
| Netflix stock | $233.64 | $368.65 | $581.68 | $917.80 | $1,448.15 | $2,284.96 |
| Google stock | $191.76 | $248.33 | $321.58 | $416.45 | $539.30 | $698.40 |
| Tesla stock | $335.68 | $760.97 | $1,725.07 | $3,910.61 | $8,865.05 | $20,096.41 |
| Kodak stock | $111.04 | $83.27 | $62.44 | $46.82 | $35.11 | $26.33 |
| Nokia stock | $98.09 | $64.98 | $43.04 | $28.51 | $18.89 | $12.51 |
This calculation shows how much cryptocurrency can cost if we assume that its capitalization will behave like the capitalization of some Internet companies or technological niches. If you extrapolate the data projections, you can get a potential picture of the future Beefy price for 2024, 2025, 2026, 2027, 2028, 2029 and 2030.
Beefy forecast and prediction overview
You may ask questions like: "Should I invest in Beefy now?", "Should I buy BIFI today?", "Will Beefy be a good or bad investment in short-term, long-term period?".
We update Beefy forecast projection regularly with fresh values. Look at our similar predictions. We making a forecast of future prices for huge amounts of digital coins like Beefy with technical analysis methods.
If you are trying to find cryptocurrencies with good returns, you should explore the maximum of available sources of information about Beefy in order to make such a responsible decision about the investment by yourself.
Beefy price equal to $148.08 USD today, but the price can go both up and down and your investment may be lost because cryptocurrency high-risk assets
Beefy short-term forecast
based on 4 hour price history
Beefy long-term forecast
based on 1 month price history
Beefy price prediction based on Bitcoin's growth pattern
| 2027 | 2028 | 2029 | 2030 | |
|---|---|---|---|---|
| If Beefy has 1% of Bitcoin's previous average grow per year | $151.92 | $155.87 | $159.92 | $164.08 |
| If Beefy has 2% of Bitcoin's previous average grow per year | $155.77 | $163.87 | $172.39 | $181.35 |
| If Beefy has 5% of Bitcoin's previous average grow per year | $167.32 | $189.07 | $213.64 | $241.41 |
| If Beefy has 10% of Bitcoin's previous average grow per year | $186.57 | $235.06 | $296.16 | $373.15 |
| If Beefy has 20% of Bitcoin's previous average grow per year | $225.06 | $342.06 | $519.88 | $790.16 |
| If Beefy has 50% of Bitcoin's previous average grow per year | $340.53 | $783.11 | $1,800.89 | $4,141.44 |
| If Beefy has 100% of Bitcoin's previous average grow per year | $532.98 | $1,918.39 | $6,904.91 | $24,853.00 |
Frequently Asked Questions about Beefy
Is BIFI a good investment?
The determination to procure Beefy is entirely contingent on your individualistic risk tolerance. As you may discern, Beefy's value has experienced a fall of -0.5756% during the preceding 24 hours, and Beefy has incurred a decline of over the prior 30-day duration. Consequently, the determination of whether or not to invest in Beefy will hinge on whether such an investment aligns with your trading aspirations.
Can Beefy rise?
It appears that the mean value of Beefy may potentially surge to $152.71 by the end of this year. Looking at Beefy's prospects in a more extended five-year timeline, the digital currency could potentially growth to as much as $480.11. However, given the market's unpredictability, it is vital to conduct thorough research before investing any funds into a particular project, network, or asset.
What will the price of Beefy be next week?
Based on the our new experimental Beefy forecast, the price of Beefy will increase by 0.86% over the next week and reach $149.34 by January 13, 2026.
What will the price of Beefy be next month?
Based on the our new experimental Beefy forecast, the price of Beefy will decrease by -11.62% over the next month and reach $130.87 by February 5, 2026.
How high can Beefy’s price go this year in 2026?
As per our most recent prediction on Beefy's value in 2026, BIFI is anticipated to fluctuate within the range of $51.16 and $152.71. However, it is crucial to bear in mind that the cryptocurrency market is exceptionally unstable, and this projected Beefy price forecast fails to consider sudden and extreme price fluctuations.
Where will Beefy be in 5 years?
Beefy's future appears to be on an upward trend, with an maximum price of $480.11 projected after a period of five years. Based on the Beefy forecast for 2030, Beefy's value may potentially reach its highest peak of approximately $480.11, while its lowest peak is anticipated to be around $166.05.
How much will be Beefy in 2026?
Based on the our new experimental Beefy price prediction simulation, BIFI’s value in 2026 expected to grow by 3.13% to $152.71 if the best happened. The price will be between $152.71 and $51.16 during 2026.
How much will be Beefy in 2027?
According to our latest experimental simulation for Beefy price prediction, BIFI’s value could down by -12.62% to $129.38 in 2027, assuming the most favorable conditions. The price is projected to fluctuate between $129.38 and $49.25 throughout the year.
How much will be Beefy in 2028?
Our new experimental Beefy price prediction model suggests that BIFI’s value in 2028 could increase by 47.02% , reaching $217.70 in the best-case scenario. The price is expected to range between $217.70 and $88.88 during the year.
How much will be Beefy in 2029?
Based on our experimental forecast model, Beefy's value may experience a 333.75% growth in 2029, potentially reaching $642.30 under optimal conditions. The predicted price range for 2029 lies between $642.30 and $195.25.
How much will be Beefy in 2030?
Using our new experimental simulation for Beefy price predictions, BIFI’s value in 2030 is expected to rise by 224.23% , reaching $480.11 in the best scenario. The price is forecasted to range between $480.11 and $166.05 over the course of 2030.
How much will be Beefy in 2031?
Our experimental simulation indicates that Beefy’s price could grow by 195.98% in 2031, potentially hitting $438.29 under ideal conditions. The price will likely fluctuate between $438.29 and $196.33 during the year.
How much will be Beefy in 2032?
Based on the findings from our latest experimental Beefy price prediction, BIFI could see a 449.04% rise in value, reaching $813.01 if the most positive scenario plays out in 2032. The price is expected to stay within a range of $813.01 and $299.68 throughout the year.
How much will be Beefy in 2033?
According to our experimental Beefy price prediction, BIFI’s value is anticipated to rise by 1362.43% in 2033, with the highest potential price being $2,165.56. Throughout the year, BIFI’s price could range from $2,165.56 and $696.39.
How much will be Beefy in 2034?
The results from our new Beefy price prediction simulation suggest that BIFI may rise by 746.96% in 2034, potentially reaching $1,254.18 under the best circumstances. The predicted price range for the year is between $1,254.18 and $559.87.
How much will be Beefy in 2035?
Based on our experimental forecast for Beefy’s price, BIFI could grow by 897.93% , with the value potentially hitting $1,477.73 in 2035. The expected price range for the year lies between $1,477.73 and $661.94.
How much will be Beefy in 2036?
Our recent Beefy price prediction simulation suggests that BIFI’s value might rise by 1964.7% in 2036, possibly reaching $3,057.40 if conditions are optimal. The expected price range for 2036 is between $3,057.40 and $1,095.72.
How much will be Beefy in 2037?
According to the experimental simulation, Beefy’s value could rise by 4830.69% in 2037, with a high of $7,301.36 under favorable conditions. The price is expected to fall between $7,301.36 and $2,845.55 over the course of the year.
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How to read and predict Beefy price movements?
Beefy traders use indicators and chart patterns to predict market direction. They also identify key support and resistance levels to gauge when a downtrend might slow or an uptrend might stall.
Beefy Price Prediction Indicators
Moving averages are popular tools for Beefy price prediction. A simple moving average (SMA) calculates the average closing price of BIFI over a specific period, like a 12-day SMA. An exponential moving average (EMA) gives more weight to recent prices, reacting faster to price changes.
Commonly used moving averages in the crypto market include the 50-day, 100-day, and 200-day averages, which help identify key resistance and support levels. A BIFI price move above these averages is seen as bullish, while a drop below indicates weakness.
Traders also use RSI and Fibonacci retracement levels to gauge BIFI's future direction.
How to read Beefy charts and predict price movements?
Most traders prefer candlestick charts over simple line charts because they provide more detailed information. Candlesticks can represent Beefy's price action in different time frames, such as 5-minute for short-term and weekly for long-term trends. Popular choices include 1-hour, 4-hour, and 1-day charts.
A 1-hour candlestick chart, for instance, shows BIFI's opening, closing, highest, and lowest prices within each hour. The candle's color is crucial: green indicates the price closed higher than it opened, while red means the opposite. Some charts use hollow and filled candlesticks to convey the same information.
What affects the price of Beefy?
Beefy's price action is driven by supply and demand, influenced by factors like block reward halvings, hard forks, and protocol updates. Real-world events, such as regulations, adoption by companies and governments, and cryptocurrency exchange hacks, also impact BIFI's price. Beefy's market capitalization can change rapidly.
Traders often monitor the activity of BIFI "whales," large holders of Beefy, as their actions can significantly influence price movements in the relatively small Beefy market.
Bullish and bearish price prediction patterns
Traders often identify candlestick patterns to gain an edge in cryptocurrency price predictions. Certain formations indicate bullish trends, while others suggest bearish movements.
Commonly followed bullish candlestick patterns:
- Hammer
- Bullish Engulfing
- Piercing Line
- Morning Star
- Three White Soldiers
Common bearish candlestick patterns:
- Bearish Harami
- Dark Cloud Cover
- Evening Star
- Shooting Star
- Hanging Man


