$2.81
$-0.15 (-5.04%)
End-of-day quote: 2022-10-17
EWT/USD

Is Energy Web doing well?

Yes, since October 16, 2022, Energy Web has been continually going up, increasing 237.06 percent. The 200-day line is +45.72 percent away from where the price is now. It's 33.8 percent away from the 100-day line and 38.8 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 Energy Web 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 Energy Web price over the next year. The most optimistic forecast for the price target was $3.27, implying an 87 percent increase in 12 months, but the worst-case scenario anticipated a fall to as low as $2.48.

The most up-to-date average price target for the year ahead is $2.83.

That would represent a potential gain of 0.69 percent.

EWT - Relative Strength Forecast

Energy Web has broken the 25 strength line from below on 2022-08-13 and then changed into a strong trend, which thereby generated buy signals that lasted one month. Mid Sep 2022 we see how the relative strength falls from above 25 to below 25. Thus, Energy Web has been in a sell signal since 2022-09-17.

EWT - Trend Prediction

EWT - Price Volatility Prediction

From 09/15/2022 we see a strong Energy Web above the moving average causing rising prices of Energy Web. From early Oct 2022 we then see a strong Energy Web, which then triggers a buy signal.

EWT - Relative Strength

From 07/14/2022 to 07/15/2022 Energy Web was so oversold that this led to a reversal trend. Mid Oct 2022 we then see Energy Web developing more and more strength, which is a buy signal.

EWT - Momentum Forecast

Mid Oct 2022 Energy Web left the overbought zone to the downside, resulting in a short-term negative change in trend. In October we then see weak volatility for Energy Web for a longer period of time which led to negative signals for Energy Web.

What Does the Future Hold for Energy Web In 2025-2030?

Energy Web's long-term prospects look promising. The average price target for Energy Web by the end of 2020 was $2.87, according to thirteen analysts. Their five-year forecast projects the price of Energy Web to be $2.91 by 2025. By 2030, the long-term prediction is $2.97.