$1.16
$-0.02 (-1.29%)
End-of-day quote: 2022-10-25
ELG/USD

Is Escoin on the rise?

Yes, September 27, 2022 has been on a long-term upswing since Escoin, gaining -41.16 percent. The 200-day trendline is currently 168.59 percent away from the current price, 170.16 percent from the 100-day line, and 171.04 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 Escoin price prediction for 2023

To get a more accurate idea of what might happen next year, let's take a closer look at the one-year forecast.

There was quite a range of predictions from different analysts about where the price of Escoin would be in 12 months' time. The most optimistic said it could reach $1.34, while the most pessimistic said it could drop to $1.01.

However, the most recent average price target for the next year is $1.16, which is the most significant.

This means there is a possibility of Escoin losing -0.22 percent of its value in 2023.

ELG - Relative Strength Forecast

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

ELG - Trend Prediction

ELG - Price Volatility Prediction

ELG - Relative Strength

ELG - Momentum Forecast

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

What Will Happen to Escoin in 2025-2030?

The long-term prospects for Escoin appear to be very good. According to the predictions of 4 different analysts, the value of Escoin is expected to reach $1.15 by March 2025. Furthermore, their five-year forecast predicts that Escoin will be worth $1.15 by 2027. Finally, by 2030, the long-term projection is that Escoin will have a value of $1.14.