$1272.57
+ $3.74 (0.29%)
End-of-day quote: 2022-10-25
CWBTC/USD

The question is if cWBTC is currently on an uptrend?

According to the data, since April 7, 2022, cWBTC has been steadily decreasing and has gone down 45.44%. Concerning the 200-day moving average line, -59.81 is currently -66.44% above it. It is also -68.8% above the 100-day moving average line and __val__% above the 50-day moving average line.

EMA 200-day line
EMA 100-day line
EMA 50-day line
SMA 200-day line
SMA 100-day line
SMA 50-day line

Predictions for the price of cWBTC 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 cWBTC price over the next year. The highest forecast predicted a one-year price target of $1513.98. However, the most pessimistic forecast was $1157.66.

The latest average price target for the next year is $1314.18, which is the most vital figure.

This indicates a possible increase of 3.27 percent.

CWBTC - Relative Strength Forecast

cWBTC broke through the 25 strength line from above on and then changed into a trend, which thereby generated sell signals that lasted one month.

CWBTC - Trend Prediction

CWBTC - Price Volatility Prediction

CWBTC - Relative Strength

CWBTC - Momentum Forecast

In we then see weak volatility for cWBTC for a longer period of time which led to negative signals for cWBTC.

cWBTC's Prospects For 2025-2030

cWBTC's future looks promising. According to seven analysts, cWBTC is expected to reach $1401.54 by March 2025. The five-year forecast projects that the cWBTC price will be $1494.69 by March 2027. The long-term prediction for 2030 is $1646.17.