Is Premia on an upswing?
No, since September 16, 2022, Premia has been in a long-term downward trend and has decreased by -58.56 percent over that period. The 200-day line is currently 128.41 percent away from the current price. It is 96.71 percent away from the 100-day line and 85.67 percent away from the 50-day line.
The Premia 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 Premia price over the next year. The most optimistic predicted a 12-month price target of $0.53, implying an 87 percent raise, while the worst-case scenario would be $0.40.
The most recent average price target for the next year is $0.46, and it's the most crucial.
This means that Premia has a potential -0.28% decrease in value for 2023.
PREMIA - Relative Strength Forecast
PREMIA - Trend Prediction
PREMIA - Price Volatility Prediction
PREMIA - Relative Strength
PREMIA - Momentum Forecast
What Does the Future Hold for Premia?
Premia's long-term prospects appear to be excellent. 5 analysts predicted that Premia would reach $0.46 by March 2025. The Premia price is expected to be $0.45 in five years, according to their five-year forecast through March 2027. By 2030, the long-term forecast is anticipated to be $0.45.