What will Pitbull (PIT) be valued at in 2024, 2025, 2025, and up to 2053? In this Pitbull price prediction, we will look more closely at Pitbull's current market position concerning trading volume, market capitalization, and past price movements to support investors set price targets and assess confidence levels. We will also break down expert analysis and technical indicators that give a better view of where PIT might head in the coming months & years.

We utilize one of the most common statistical approaches to time-series forecasting known as the ARIMA model for the price prediction of cryptocurrencies.
ARIMA-ARMA plus differencing to create a stationary time series. A stationary series is one whose statistical properties are constant over time. Differencing cancels out any trend or pattern this method might have, enabling the model to interpret data structure and provide a good forecast.

According to our current Pitbull price prediction, the value of Pitbull is expected to INCREASE by 510%, reaching $0.000000001397 by mid 2026. As of now, there are 1 technical analysis indicators showing BULLISH signals, while 15 are indicating BEARISH signals. Additionally, 1 indicators suggest a NEUTRAL stance, makes the general sentiment BEARISH for Pitbull. Added to this is the fact that the Fear & Greed Index is reading 9, indicating that feelings around Pitbull are cautious or slightly bearish. The aforementioned data places Pitbull in Oversold state. Since October, Pitbull has DECREASED by 7%. Based on this trend, we anticipate a possible stabilization in the coming month. By the end of January, the value of Pitbull is projected to INCREASE by 11% and reach approximately $0.0000000003801. At the moment, Pitbull is trading BELOW the 200-day moving average, which indicates a BEARISH trend. Besides that, the price is BELOW the 50-day simple moving average (SMA), giving DOWNWARD momentum for Pitbull. Currently, the RSI reads at 34.92, meaning therefore means that Pitbull is in the position of NEUTRAL. The Relative Strength Index (RSI) data shows whether cryptocurrency is oversold (less than 30) or overbought (above 70), using an RSI-momentum oscillator.

Mastering Pitbull technical analysis is the key to predicting its trends effectively. Our page will break down the essential components of Pitbull technical analysis to equip you with the cryptocurrency market's ups and downs.

The presence of bearish signals across multiple momentum indicators for Pitbull suggests a prevailing downward trend. Indicators like the Rate of Change, Awesome Oscillator, and Williams %R reflect declining momentum and a potential continuation of the downtrend. This alignment of bearish signals across various metrics reinforces the expectation of further price decreases.

• Relative Strength Index (RSI): The RSI for Pitbull is 34.92, indicating a bearish trend. The market is showing signs of being in a downward solid phase, with prices likely making lower lows and lower highs. This suggests that bearish pressure could continue.
• Commodity Channel Index (CCI): The CCI for Pitbull is -149.40, placing it in the neutral zone. This suggests that the market is balanced with no strong overbought or oversold conditions. Rate of Change (ROC): The ROC for Pitbull is -4.87, which indicates a bearish signal. This suggests that Pitbull is experiencing downward momentum, potentially leading to further price declines, and signaling a possible bearish trend.
• Awesome Oscillator (AO): AO for Pitbull is below the zero line, indicating that momentum is shifting downward. This suggests a bearish trend, meaning the market is experiencing downward pressure, and potential sell or short opportunities might arise.
• Williamson%R (14): The Williams %R for Pitbull is -69.87, indicating a bearish trend. This suggests downward momentum, with potential sell or short opportunities as prices continue to fall.
• Momentum: The momentum for Pitbull is above zero, suggesting a bullish trend. The price is rising, and the upward trend may continue.

Neutral trend indicators for Pitbull are evident when the MACD line is close to the signal line, ADX is between 20 and 25, or SAR dots are near the price level. These conditions suggest a lack of clear directional movement, with the market potentially consolidating or lacking a strong trend. Neutral signals imply that market conditions are indecisive, with no strong trend direction indicated.

• MACD (12,26,9): The MACD for Pitbull is 0.00, placing it in the bearish zone. Not only has the MACD line crossed below the signal line, signaling a potential downtrend, but it is also below zero, confirming the continuation of the bearish trend. Traders might consider selling or taking short positions based on this signal.
• Average Directional Index - ADX (14): The ADX for Pitbull is 16.96, placing it in the neutral zone. This suggests that the trend strength is uncertain at the moment, and the market does not show a clear directional bias. Traders may need to exercise caution, as the trend could shift either way.
• Parabolic SAR: The SAR for Pitbull dots are positioned below the price, signalling a bullish trend. This indicates that the price is on an upward trend and may continue.

Neutral oscillator readings for Pitbull are observed when the MFI is 50, the StochRSI is between 45 and 55, or the UO is between 45 and 55. These values imply a lack of strong momentum in either direction, suggesting that the market is in a consolidation phase or lacks a clear trend direction.

• Money Flow Index (MFI): The MFI for Pitbull is 18.76, indicating bearish conditions. This suggests weak buying pressure and a potential downtrend.
• StochRSI – Stochastic Relative Strength Index: The StochRSI for Pitbull is 0.8543, indicating bullish momentum. This suggests intense buying pressure, with potential for further upward movement.
• Ultimate Oscillator (UO): The UO for Pitbull is 47.09 neutral, showing no strong directional momentum, indicating the market is in a stable state without a clear trend.

The ARIMA model is defined by three parameters: p, d, and q.

• p: the number of past observations that the model will consider. This is the AR component which is expressed as below: $$ X_t = \phi_1 X_{t-1} + \phi_2 X_{t-2} + \cdots + \phi_p X_{t-p} + Z_t$$
  $$ X_t = \sum_{i=1}^{p} \phi_i X_{t-i} + Z_t $$
• d: the degree of differencing, which is the number of times needed to subtract the previous day’s price from today’s price to make the data consistent at all points in time. (The I component)
• q: the number of past errors in prediction. This is the MA component and is expressed as: $$ X_t = Z_t + \theta_1 Z_{t-1} + \theta_2 Z_{t-2} + \cdots + \theta_q Z_{t-q} $$
  $$ X_t = Z_t + \theta_1 Z_{t-1} + \theta_2 Z_{t-2} + \cdots + \theta_q Z_{t-q} $$

The ARIMA(p, d, q) model is the combination of the AR(p) and MA(q) and differencing: $$ \Delta dX_t = \sum_{i=1}^{p} \phi_i \Delta dX_{t-i} + Z_t + \sum_{i=1}^{q} \theta_i Z_{t-i} $$ Where:

• 𝑋𝑡: the time series X at a time t, and 𝑋𝑡−𝑖 is X at a previous point in time.
• 𝑍𝑡: the error terms or white noise, and 𝑍𝑡−𝑖 is Z at a previous point in time.
• 𝜙: the parameters of the autoregressive part of the model.
• 𝜃: the parameters of the moving average part of the model.
• ∇ 𝑑𝑋𝑡: the differenced time series (d times).