The question is if Hoo is currently on an uptrend?
According to the data, since May 10, 2022, Hoo has been steadily decreasing and has gone down -96.26%. Concerning the 200-day moving average line, 1360.92 is currently 939.71% above it. It is also 720.11% above the 100-day moving average line and __val__% above the 50-day moving average line.
Predictions for the price of Hoo in 2023
Let's examine the one-year forecast more closely since it is the most precise of the analysts' forecasts.
Analysts were divided in their predictions for the Hoo price over the next year. The highest forecast predicted a one-year price target of $0.05. However, the most pessimistic forecast was $0.03.
The latest average price target for the next year is $0.04, which is the most vital figure.
This means that Hoo could drop by -1.02% in value during 2023.
HOO - Relative Strength Forecast
HOO - Trend Prediction
HOO - Price Volatility Prediction
HOO - Relative Strength
HOO - Momentum Forecast
Hoo's Prospects For 2025-2030
Hoo's future looks promising. According to eleven analysts, Hoo is expected to reach $0.04 by March 2025. The five-year forecast projects that the Hoo price will be $0.04 by March 2027. The long-term prediction for 2030 is $0.04.