$9.80
$-1.34 (-12.03%)
End-of-day quote: 2022-10-17
GT/USD

Is Gate on an uptrend?

No, the price is less than all three moving averages, making it a downtrend

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 Gate price prediction for 2023

Let's look at the one-year forecast more closely since it is the most accurate of the analysts' forecasts.

Analysts had various forecasts for the Gate price over the next year. While the most optimistic forecast predicted a 12-month price target of $11.58, the most pessimistic forecast would be $8.84.

The most recent average price target for the next year is $10.05, which is the most important figure.

This suggests a potential gain of 2.51 percent.

GT - Relative Strength Forecast

Gate has broken the 25 strength line from below on 2022-08-27 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, Gate has been in a sell signal since 2022-09-17.

GT - Trend Prediction

GT - Price Volatility Prediction

From 08/19/2022 we see a strong Gate above the moving average causing rising prices of Gate. From mid Sep 2022 we then see a strong Gate, which then triggers a buy signal.

GT - Relative Strength

From 09/08/2022 to 09/09/2022 Gate was so oversold that this led to a reversal trend. Mid Oct 2022 we then see Gate developing more and more strength, which is a buy signal.

GT - Momentum Forecast

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

Gate projections through 2025-2030

Gate's long-term prospects appear to be good. According to twelve analysts, Gate is expected to reach $10.56 by March 2025. The five-year forecast projects that the Gate price will be $11.09 by March 2027. The long-term prediction for 2030 is $11.95.