Is cDAI on an upswing?
No, the price is below all 3 moving averages and is therefore in a downtrend.
The cDAI Forecast for 2023
Let's take a deeper look at the one-year forecast since it is the most precise of the analysts' forecasts.
Analysts had a wide range of forecasts for the cDAI price over the next year. The most optimistic predicted a 12-month price target of $0.02, implying an 87 percent raise, while the worst-case scenario would be $0.02.
The most recent average price target for the next year is $0.02, and it's the most crucial.
That equates to a potential gain of 1.41 percent.
CDAI - Relative Strength Forecast
CDAI - Trend Prediction
CDAI - Price Volatility Prediction
CDAI - Relative Strength
CDAI - Momentum Forecast
What Does the Future Hold for cDAI?
cDAI's long-term prospects appear to be excellent. 12 analysts predicted that cDAI would reach $0.02 by March 2025. The cDAI price is expected to be $0.02 in five years, according to their five-year forecast through March 2027. By 2030, the long-term forecast is anticipated to be $0.02.