$-0.03 (-33.32%)
End-of-day quote: 2022-10-26

Is Jungle DeFi on the rise?

No, September 10, 2022 has been on a long-term downswing since Jungle DeFi, gaining -95.31 percent. The 200-day trendline is currently 1743.94 percent away from the current price, 1345.42 percent from the 100-day line, and 1268.64 percent from the 50-day line.

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 Jungle DeFi price prediction for 2023

To get a more accurate idea of what might happen next year, let's take a closer look at the one-year forecast.

There was quite a range of predictions from different analysts about where the price of Jungle DeFi would be in 12 months' time. The most optimistic said it could reach $0.07, while the most pessimistic said it could drop to $0.05.

However, the most recent average price target for the next year is $0.06, which is the most significant.

Jungle DeFi broke through the 25 strength line from above on and then changed into a trend, which thereby generated sell signals that lasted one month.

In we then see weak volatility for Jungle DeFi for a longer period of time which led to negative signals for Jungle DeFi.

What Will Happen to Jungle DeFi in 2025-2030?

The long-term prospects for Jungle DeFi appear to be very good. According to the predictions of 2 different analysts, the value of Jungle DeFi is expected to reach $0.06 by March 2025. Furthermore, their five-year forecast predicts that Jungle DeFi will be worth $0.06 by 2027. Finally, by 2030, the long-term projection is that Jungle DeFi will have a value of $0.07.