Is Orchid Protocol doing well?
No, since December 4, 2021, Orchid Protocol has been continually going down, decreasing -76.19 percent. The 200-day line is +47.04 percent away from where the price is now. It's 11.64 percent away from the 100-day line and 2.27 percent from the 50-day line.
The Orchid Protocol 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 Orchid Protocol price over the next year. The most optimistic forecast for the price target was $0.12, implying an 87 percent increase in 12 months, but the worst-case scenario anticipated a fall to as low as $0.09.
The most up-to-date average price target for the year ahead is $0.10.
That would represent a potential gain of 0.22 percent.
OXT - Relative Strength Forecast
OXT - Trend Prediction
OXT - Price Volatility Prediction
OXT - Relative Strength
OXT - Momentum Forecast
What Does the Future Hold for Orchid Protocol In 2025-2030?
Orchid Protocol's long-term prospects look promising. The average price target for Orchid Protocol by the end of 2020 was $0.10, according to nine analysts. Their five-year forecast projects the price of Orchid Protocol to be $0.10 by 2025. By 2030, the long-term prediction is $0.10.