$2.47
$-0.13 (-4.92%)
End-of-day quote: 2022-10-25
MC/USD

Is Merit Circle currently in an uptrend?

Analysts agree that Merit Circle is in decline, with the price being lower than all three moving averages.

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 Merit Circle Forecast for 2023

The one-year forecast is generally seen as the most accurate.

Some analysts were optimistic, predicting a 12-month price target of $2.93. Others were much less optimistic, with an anticipated price of $2.23.

The most recent average price target for the following year is $2.54, which is the most crucial number.

This indicates that Merit Circle may rise by 2.77% over the next year.

MC - Relative Strength Forecast

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

MC - Trend Prediction

MC - Price Volatility Prediction

MC - Relative Strength

MC - Momentum Forecast

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

The Future of Merit Circle In 2025-2030

The future of Merit Circle looks bright according to nine analysts who predict that the cryptocurrency will reach $2.68 by March 2025. In five years, the price of Merit Circle is expected to be $2.83, and by 2030, it is anticipated to reach $3.07.