$4.90
$0.00 (0.04%)
End-of-day quote: 2022-10-25
MX/USD

Is MX currently in an uptrend?

According to analysts, the answer is no. Since May 9, 2022, MX has been on a long-term downswing, decreasing in value by 146.23 percent. The 200-day moving average is currently -73.86 percent less than the current price, -78.08 percent less than the 100-day moving average, and -80.6% lower than the 50-day moving average.

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 MX 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 $5.88. Others were much less optimistic, with an anticipated price of $4.51.

The most recent average price target for the following year is $5.11, which is the most crucial number.

This indicates that MX may rise by 4.24% over the next year.

MX - Relative Strength Forecast

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

MX - Trend Prediction

MX - Price Volatility Prediction

MX - Relative Strength

MX - Momentum Forecast

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

The Future of MX In 2025-2030

The future of MX looks bright according to six analysts who predict that the cryptocurrency will reach $5.55 by March 2025. In five years, the price of MX is expected to be $6.03, and by 2030, it is anticipated to reach $6.83.