$39.75
$-0.04 (-0.09%)
End-of-day quote: 2022-08-09
DGD/USD

Is DigixDAO doing well?

No, since March 31, 2022, DigixDAO has been continually going down, decreasing -93.58 percent. The 200-day line is +1001.9 percent away from where the price is now. It's 798.71 percent away from the 100-day line and 694.77 percent from the 50-day 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

The DigixDAO Forecast for 2023

Let's look at the one-year forecast since it is the most accurate of the analysts' predictions.

Analysts offered a wide range of forecasts for the DigixDAO price over the next year. The most optimistic forecast for the price target was $45.64, implying an 87 percent increase in 12 months, but the worst-case scenario anticipated a fall to as low as $34.51.

The most up-to-date average price target for the year ahead is $39.40.

It carries the potential for an -0.89 decrease in value for 2023.

DGD - Relative Strength Forecast

DigixDAO has broken the 25 strength line from below on 2022-06-13 and then changed into a strong trend, which thereby generated buy signals that lasted one month. Mid Jul 2022 we see how the relative strength falls from above 25 to below 25. Thus, DigixDAO has been in a sell signal since 2022-07-18.

DGD - Trend Prediction

DGD - Price Volatility Prediction

From 07/14/2022 we see a weak DigixDAO below the moving average, which thereby causes falling prices of DigixDAO. From late Jul 2022 we then see a weak DigixDAO, which then triggers a sell signal.

DGD - Relative Strength

From 07/12/2022 to 07/13/2022 DigixDAO was so oversold that this led to a reversal trend. Late Jul 2022 we then see DigixDAO developing more and more strength, which is a buy signal.

DGD - Momentum Forecast

Early Aug 2022 DigixDAO left the overbought zone to the downside, resulting in a short-term negative change in trend. In August we then see weak volatility for DigixDAO for a longer period of time which led to negative signals for DigixDAO.

What Does the Future Hold for DigixDAO In 2025-2030?

DigixDAO's long-term prospects look promising. The average price target for DigixDAO by the end of 2020 was $38.70, according to fourteen analysts. Their five-year forecast projects the price of DigixDAO to be $38.01 by 2025. By 2030, the long-term prediction is $37.01.