$0.03
$0.00 (14.28%)
End-of-day quote: 2022-10-26
POLK/USD

Is Polkamarkets on an upswing?

No, since December 2, 2021, Polkamarkets has been in a long-term downward trend and has decreased by -96.63 percent over that period. The 200-day line is currently 332.19 percent away from the current price. It is 141.16 percent away from the 100-day line and 111.52 percent away 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 Polkamarkets Forecast for 2023

Let's take a deeper look at the one-year forecast since it is the most precise of the analysts' forecasts.

Analysts had a wide range of forecasts for the Polkamarkets price over the next year. The most optimistic predicted a 12-month price target of $0.03, implying an 87 percent raise, while the worst-case scenario would be $0.03.

The most recent average price target for the next year is $0.03, and it's the most crucial.

This means that Polkamarkets has a potential -0.26% decrease in value for 2023.

POLK - Relative Strength Forecast

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

POLK - Trend Prediction

POLK - Price Volatility Prediction

POLK - Relative Strength

POLK - Momentum Forecast

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

What Does the Future Hold for Polkamarkets?

Polkamarkets's long-term prospects appear to be excellent. 15 analysts predicted that Polkamarkets would reach $0.03 by March 2025. The Polkamarkets price is expected to be $0.03 in five years, according to their five-year forecast through March 2027. By 2030, the long-term forecast is anticipated to be $0.03.