$1.65
$-0.05 (-2.90%)
End-of-day quote: 2022-10-17
MTL/USD

Is Metal DAO doing well?

No, since June 10, 2022, Metal DAO has been continually going down, decreasing -1.79 percent. The 200-day line is +-15.31 percent away from where the price is now. It's -27.07 percent away from the 100-day line and -33.39 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 Metal DAO Forecast for 2023

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

Analysts offered a wide range of forecasts for the Metal DAO price over the next year. The most optimistic forecast for the price target was $1.93, implying an 87 percent increase in 12 months, but the worst-case scenario anticipated a fall to as low as $1.47.

The most up-to-date average price target for the year ahead is $1.67.

That would represent a potential gain of 1.3 percent.

MTL - Relative Strength Forecast

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

MTL - Trend Prediction

MTL - Price Volatility Prediction

MTL - Relative Strength

MTL - Momentum Forecast

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

What Does the Future Hold for Metal DAO In 2025-2030?

Metal DAO's long-term prospects look promising. The average price target for Metal DAO by the end of 2020 was $1.72, according to three analysts. Their five-year forecast projects the price of Metal DAO to be $1.76 by 2025. By 2030, the long-term prediction is $1.83.