$0.22
+ $0.01 (5.61%)
End-of-day quote: 2022-10-25
MLT/USD

Is Media Licensing Token on an uptrend?

No, the price is less than all three moving averages, making it a downtrend

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 Media Licensing Token price prediction for 2023

Let's look at the one-year forecast more closely since it is the most accurate of the analysts' forecasts.

Analysts had various forecasts for the Media Licensing Token price over the next year. While the most optimistic forecast predicted a 12-month price target of $0.26, the most pessimistic forecast would be $0.20.

The most recent average price target for the next year is $0.23, which is the most important figure.

This suggests a potential gain of 2.59 percent.

MLT - Relative Strength Forecast

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

MLT - Trend Prediction

MLT - Price Volatility Prediction

MLT - Relative Strength

MLT - Momentum Forecast

In we then see weak volatility for Media Licensing Token for a longer period of time which led to negative signals for Media Licensing Token.

Media Licensing Token projections through 2025-2030

Media Licensing Token's long-term prospects appear to be good. According to three analysts, Media Licensing Token is expected to reach $0.24 by March 2025. The five-year forecast projects that the Media Licensing Token price will be $0.25 by March 2027. The long-term prediction for 2030 is $0.27.