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.
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
POLK - Trend Prediction
POLK - Price Volatility Prediction
POLK - Relative Strength
POLK - Momentum Forecast
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.