$86.46
+ $4.71 (5.76%)
End-of-day quote: 2022-10-25
DPI/USD

Is DeFi Pulse Index on an upswing?

No, since November 27, 2021, DeFi Pulse Index has been in a long-term downward trend and has decreased by -73.4 percent over that period. The 200-day line is currently 30.05 percent away from the current price. It is 4.17 percent away from the 100-day line and -2.19 percent away 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 DeFi Pulse Index 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 DeFi Pulse Index price over the next year. The most optimistic predicted a 12-month price target of $100.32, implying an 87 percent raise, while the worst-case scenario would be $76.11.

The most recent average price target for the next year is $86.75, and it's the most crucial.

That equates to a potential gain of 0.33 percent.

DPI - Relative Strength Forecast

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

DPI - Trend Prediction

DPI - Price Volatility Prediction

DPI - Relative Strength

DPI - Momentum Forecast

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

What Does the Future Hold for DeFi Pulse Index?

DeFi Pulse Index's long-term prospects appear to be excellent. 3 analysts predicted that DeFi Pulse Index would reach $87.32 by March 2025. The DeFi Pulse Index price is expected to be $87.90 in five years, according to their five-year forecast through March 2027. By 2030, the long-term forecast is anticipated to be $88.77.