The question is if cETH is currently on an uptrend?
According to the data, since April 12, 2022, cETH has been steadily decreasing and has gone down 4.79%. Concerning the 200-day moving average line, -43.52 is currently -52.6% above it. It is also -56.12% above the 100-day moving average line and __val__% above the 50-day moving average line.
Predictions for the price of cETH in 2023
Let's examine the one-year forecast more closely since it is the most precise of the analysts' forecasts.
Analysts were divided in their predictions for the cETH price over the next year. The highest forecast predicted a one-year price target of $74.17. However, the most pessimistic forecast was $56.46.
The latest average price target for the next year is $64.24, which is the most vital figure.
This indicates a possible increase of 1.53 percent.
CETH - Relative Strength Forecast
CETH - Trend Prediction
CETH - Price Volatility Prediction
CETH - Relative Strength
CETH - Momentum Forecast
cETH's Prospects For 2025-2030
cETH's future looks promising. According to one analysts, cETH is expected to reach $66.22 by March 2025. The five-year forecast projects that the cETH price will be $68.26 by March 2027. The long-term prediction for 2030 is $71.44.