The Badger DAO is a decentralized, open source, and self-governed community that uses blockchain technology to incentivize users to contribute content. In this article, we will explore how the price of BADGER will change in 2021.
The badger dao price prediction 2025 is a cryptocurrency. Badger DAO has a current market cap of $1,837,721 and the coin’s price is $0.001317.
- The price range for a bullish BADGER forecast is $26.6 to $32.16.
- The price of a BADGER may potentially exceed $33.3.
- The price estimate for the BADGER bearish market in 2021 is $15.13.
We utilize data, price trends, ADX, and other information about BADGER to evaluate the cryptocurrency’s future movement in Badger DAO (BADGER) price forecast 2021.
Badger DAO is an open source decentralized automation organization committed to developing products and infrastructure that will enable using Bitcoin (BTC) as collateral across various smart contract platforms simpler. The platform is a collaborative environment where developers known as Badge Builders may cooperate and deploy Bitcoin as collateral for as many blockchains as feasible.
Badger DAO’s Current Market Situation (BADGER)
BADGER is now trading at $22.88 on Coingecko, with a 24-hour trading volume of $15,892,904 at the time of writing. BADGER, on the other hand, has dropped by 7.1 percent in the past 24 hours.
Furthermore, there are 9,458,312 BADGER coins in circulation. BADGER is currently traded on Binance, Hotcoin Global, OKEx, FTX, and Huobi Global, among others.
Price Prediction for Badger DAO (BADGER) in 2021
On CoinGecko, Badger DAO is currently ranked 241st. With a daily time period, the price forecast of BADGER is described below.
Triangle Pattern BADGER/USDT (Source: TradingView)
Triangle Pattern BADGER/USDT (Source: TradingView)A triangle pattern is a consolidation pattern that appears in the middle of a trend and generally indicates that the trend will continue. As price advances in a sideways manner, a triangle chart pattern is created by drawing two converging trendlines. Triangle is a useful measurement tool for traders who want to trade breakouts.
BADGER is now trading at $24.12. Following that, BADGER would continue to follow the pattern of an uptrend on the price chart. Furthermore, BADGER’s price will break out at $26.6 and may reach the $33.3 resistance level. If the trend continues, BADGER’s price may drop to $21.96.
Support and Resistance Levels for Badger DAO (BADGER)
BADGER’s support and resistance levels are shown in the chart below.
Support and Resistance Levels for BADGER/USDT (Source: TradingView)
According to the aforementioned chart, the resistance and support levels for BADGER are as follows.
- $26.26 is the first level of resistance.
- Level 2 Resistance – $32.16
- Level 1 Support – $21.32
- Level 2 Support – $15.13
The graphic shows BADGER’s negative performance during the preceding month. BADGER, on the other hand, will climb in a bullish pattern. If the trend were to reverse, BADGER might fall below $15.13, indicating a bearish indication.
Average Directional Index (BADGER) Badger DAO (BADGER) (ADX)
Let’s have a look at the Average Directional Index of BADGER (ADX). The ADX, in particular, aids traders in assessing the strength of a trend as opposed to its direction. It may also be used to see whether the market is shifting or if a new trend is about to start. However, it is connected to the Directional Movement Index (DMI).
The oscillator also has a range of 0 to 100. Furthermore, a high number indicates a strong trend, while a low value indicates a weak trend. It’s also often used in conjunction with directional indicators.
ADX BADGER/USDT (Source:TradingView)
The ADX of BADGER is 52.69 in the preceding chart, indicating a very strong trend.
Conclusion
The BADGER is a cryptocurrency that is ideal for long-term investment. Furthermore, the price forecast for BADGER is positive in the near term. Its chances of hitting $89.08 before the end of the year are excellent. This, however, will only happen if a number of prior psychological obstacles are overcome.
Furthermore, with the improvements and enhancements to the BADGER ecosystem, BADGER’s performance will quickly increase to $26.66. However, if investors think BADGER is a solid investment in 2021, it might reach $33.3.
Disclaimer: The views stated in this graph are entirely those of the author. It should not be construed as investment advice. Before investing, TheNewsCrypto staff advises everyone to conduct their own research.
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Frequently Asked Questions
Is BADGER coin a good investment?
BADGER coin is a cryptocurrency and it has been around since December of 2017. It was created by the BadgerCoin Foundation and they have a website dedicated to their project.
How much is Badger worth?
Badger is worth $1.
What will dash be worth in 2021?
I am not sure, but I would say it will be worth more than $1.
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