Is Lossless on an upswing?
No, since April 25, 2022, Lossless has been in a long-term downward trend and has decreased by -79.63 percent over that period. The 200-day line is currently 131.36 percent away from the current price. It is 79.18 percent away from the 100-day line and 68.29 percent away from the 50-day line.
The Lossless Forecast for 2023
Let's take a deeper look at the one-year forecast since it is the most precise of the analysts' forecasts.
Analysts had a wide range of forecasts for the Lossless price over the next year. The most optimistic predicted a 12-month price target of $0.13, implying an 87 percent raise, while the worst-case scenario would be $0.10.
The most recent average price target for the next year is $0.11, and it's the most crucial.
This means that Lossless has a potential -0.38% decrease in value for 2023.
LSS - Relative Strength Forecast
LSS - Trend Prediction
LSS - Price Volatility Prediction
LSS - Relative Strength
LSS - Momentum Forecast
What Does the Future Hold for Lossless?
Lossless's long-term prospects appear to be excellent. 2 analysts predicted that Lossless would reach $0.11 by March 2025. The Lossless price is expected to be $0.11 in five years, according to their five-year forecast through March 2027. By 2030, the long-term forecast is anticipated to be $0.11.