Brave Token (BRAVE) Price Prediction 2024, 2025–2030 | CoinCodex (2024)

According to our current Brave Token price prediction, the price of Brave Token is predicted to rise by 285.33% and reach $ 0.000103 by October 16, 2024. Per our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 39 (Fear). Brave Token recorded 28/30 (93%) green days with 3.45% price volatility over the last 30 days. Based on the Brave Token forecast, it's now a good time to buy Brave Token.

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Based on the historical price movements of Brave Token and the BTC halving cycles, the yearly low Brave Token price prediction for 2025 is estimated at $ 0.00002670. Meanwhile, the price of Brave Token is predicted to reach as high as $ 0.000151 next year. Using the same basis, here is the Brave Token price prediction for each year up until 2030.

Brave Token price prediction 2025

The Brave Token price prediction for 2025 is currently between $ 0.00002670 on the lower end and $ 0.000151 on the high end. Compared to today’s price, Brave Token could gain 468.77% by 2025 if BRAVE reaches the upper price target.

Brave Token price prediction 2030

The Brave Token price prediction for 2030 is currently between $ 0.00009756 on the lower end and $ 0.000158 on the high end. Compared to today’s price, Brave Token could gain 495.35% by 2030 if it reaches the upper price target.

Brave Token's 50-Day, 200-Day Simple Moving Averages and 14-Day Relative Strenght Index - RSI (14)

Based on our technical indicators, Brave Token's 200-day SMA will rise in the next month and will hit $ 0.00003189 by Oct 16, 2024. Brave Token's short-term 50-Day SMA is estimated to hit $ 0.00004400 by Oct 16, 2024.

The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 52.79, which indicates that the BRAVE market is in a neutral position.

Popular BRAVE Moving Averages and Oscillators for Mon, Sep 16, 2024

Moving averages (MA) are a popular indicator in all financial markets, designed to smooth price action over a certain amount of time. They are a lagging indicator which means they are influenced by historical price activity. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA).

Brave Token Oscillators

An oscillator is a technical analysis tool that constructs high and low bands between two extreme values, and then builds a trend indicator that fluctuates within these bounds. Traders use the trend indicator to discover short-term overbought or oversold conditions.

Brave Token Key Price Levels

Based on today's classical pivot point (P1) with the value of $ 0.00002134, Brave Token has support levels of $ 0.00002134, $ 0.00002134, and the strongest at $ 0.00002134. Similarly, Brave Token resistance levels are at $ 0.00002134, $ 0.00002134, and $ 0.00002134.

Brave Token Correlation

Over the past 7 days, Brave Token price was most positively correlated with the price of and most negatively correlated with the price of .

Brave Token price is correlated with the top 10 coins by market cap with a price of , excluding Tether (USDT) and correlated with the top 100 coins by market cap excluding all stablecoins with a price of .

Currencies that are positively correlated with Brave Token indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Brave Token, a move in one direction for Brave Token would translate into a move in the opposite direction for the negatively correlated coin.

To get a better idea of what could happen to the Brave Token price in the future, it’s helpful to also explore Brave Token’s price history. In the last month, the BRAVE/USD pair is down .

How to read and predict Brave Token price movements?

Brave Token traders use a variety of tools to try and determine the direction in which the BRAVE market is likely to head next. These tools can roughly be divided into indicators and chart patterns. When trying to predict the Brave Token price, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall.

Brave Token Price Prediction Indicators

Moving averages are among the most popular Brave Token price prediction tools. As the name suggests, a moving average provides the average closing price for BRAVE over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for BRAVE is a sum of BRAVE’s closing prices over the last 12 days which is then divided by 12.

In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.

50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. If the BRAVE price moves above any of these averages, it is generally seen as a bullish sign for Brave Token. Conversely, a drop below an important moving average is usually a sign of weakness in the BRAVE market.

Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the BRAVE price.

How to read Brave Token charts and predict price movements?

Most traders use candlestick charts, as they provide more information than a simple line chart. Traders can view candlesticks that represent the price action of Brave Token with different granularity – for example, you could choose a 5-minute candlestick chart for extremely short-term price action or choose a weekly candlestick chart to identify long-terms trends. 1-hour, 4-hour and 1-day candlestick charts are among the most popular.

Let’s use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices. The chart is divided into “candles” that give us information about Brave Token’s price action in 1-hour chunks. Each candlestick will display BRAVE’s opening price, closing price, as well as the highest and lowest prices that Brave Token reached within the 1-hour period.

It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing.

What affects the price of Brave Token?

Just like with any other asset, the price action of Brave Token is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of BRAVE. The market capitalization of Brave Token can change significantly in a short period of time.

When trying to make a Brave Token forecast, many traders also try to monitor the activity of BRAVE “whales”, which are entities and individuals that control large amounts of BRAVE. Since the Brave Token market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on Brave Token’s price movements.

Bullish and bearish price prediction patterns

Some traders try to identify candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.