Is Hermez Network doing well?
No, since February 22, 2022, Hermez Network has been continually going down, decreasing -38.65 percent. The 200-day line is +2.9 percent away from where the price is now. It's -8.59 percent away from the 100-day line and -12.12 percent from the 50-day line.
The Hermez Network 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 Hermez Network price over the next year. The most optimistic forecast for the price target was $4.75, implying an 87 percent increase in 12 months, but the worst-case scenario anticipated a fall to as low as $3.61.
The most up-to-date average price target for the year ahead is $4.11.
That would represent a potential gain of 0.75 percent.
HEZ - Relative Strength Forecast
HEZ - Trend Prediction
HEZ - Price Volatility Prediction
HEZ - Relative Strength
HEZ - Momentum Forecast
What Does the Future Hold for Hermez Network In 2025-2030?
Hermez Network's long-term prospects look promising. The average price target for Hermez Network by the end of 2020 was $4.17, according to five analysts. Their five-year forecast projects the price of Hermez Network to be $4.24 by 2025. By 2030, the long-term prediction is $4.33.