Is Gelato doing well?
Yes, since April 1, 2022, Gelato has been continually going up, increasing -3.06 percent. The 200-day line is +70.1 percent away from where the price is now. It's -2.23 percent away from the 100-day line and -25.72 percent from the 50-day line.
The Gelato 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 Gelato price over the next year. The most optimistic forecast for the price target was $0.35, implying an 87 percent increase in 12 months, but the worst-case scenario anticipated a fall to as low as $0.26.
The most up-to-date average price target for the year ahead is $0.30.
It carries the potential for an -0.06 decrease in value for 2023.
GEL - Relative Strength Forecast
GEL - Trend Prediction
GEL - Price Volatility Prediction
GEL - Relative Strength
GEL - Momentum Forecast
What Does the Future Hold for Gelato In 2025-2030?
Gelato's long-term prospects look promising. The average price target for Gelato by the end of 2020 was $0.30, according to fourteen analysts. Their five-year forecast projects the price of Gelato to be $0.30 by 2025. By 2030, the long-term prediction is $0.30.