Is Bonfida on an upswing?
No, since December 17, 2021, Bonfida has been in a long-term downward trend and has decreased by -94.13 percent over that period. The 200-day line is currently 183.91 percent away from the current price. It is 56.17 percent away from the 100-day line and 34.1 percent away from the 50-day line.
The Bonfida 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 Bonfida price over the next year. The most optimistic predicted a 12-month price target of $0.36, implying an 87 percent raise, while the worst-case scenario would be $0.27.
The most recent average price target for the next year is $0.31, and it's the most crucial.
This means that Bonfida has a potential -0.36% decrease in value for 2023.
FIDA - Relative Strength Forecast
FIDA - Trend Prediction
FIDA - Price Volatility Prediction
FIDA - Relative Strength
FIDA - Momentum Forecast
What Does the Future Hold for Bonfida?
Bonfida's long-term prospects appear to be excellent. 14 analysts predicted that Bonfida would reach $0.31 by March 2025. The Bonfida price is expected to be $0.30 in five years, according to their five-year forecast through March 2027. By 2030, the long-term forecast is anticipated to be $0.30.