Is Nexus Mutual on the rise?
No, April 7, 2022 has been on a long-term downswing since Nexus Mutual, gaining -38.34 percent. The 200-day trendline is currently -10.77 percent away from the current price, -26.33 percent from the 100-day line, and -31.83 percent from the 50-day line.
The Nexus Mutual price prediction for 2023
To get a more accurate idea of what might happen next year, let's take a closer look at the one-year forecast.
There was quite a range of predictions from different analysts about where the price of Nexus Mutual would be in 12 months' time. The most optimistic said it could reach $76.89, while the most pessimistic said it could drop to $58.37.
However, the most recent average price target for the next year is $66.51, which is the most significant.
This would represent a potential gain of 0.57 percent.
NXM - Relative Strength Forecast
NXM - Trend Prediction
NXM - Price Volatility Prediction
NXM - Relative Strength
NXM - Momentum Forecast
What Will Happen to Nexus Mutual in 2025-2030?
The long-term prospects for Nexus Mutual appear to be very good. According to the predictions of 12 different analysts, the value of Nexus Mutual is expected to reach $67.27 by March 2025. Furthermore, their five-year forecast predicts that Nexus Mutual will be worth $68.04 by 2027. Finally, by 2030, the long-term projection is that Nexus Mutual will have a value of $69.21.