$0.19
$0.00 (-0.99%)
End-of-day quote: 2022-10-25
SCLP/USD

Is Scallop doing well?

Yes, since May 16, 2022, Scallop has been continually going up, increasing 23.06 percent. The 200-day line is +189.73 percent away from where the price is now. It's 30.86 percent away from the 100-day line and 15.04 percent 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 Scallop 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 Scallop price over the next year. The most optimistic forecast for the price target was $0.22, implying an 87 percent increase in 12 months, but the worst-case scenario anticipated a fall to as low as $0.17.

The most up-to-date average price target for the year ahead is $0.19.

It carries the potential for an -0.39 decrease in value for 2023.

SCLP - Relative Strength Forecast

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

SCLP - Trend Prediction

SCLP - Price Volatility Prediction

SCLP - Relative Strength

SCLP - Momentum Forecast

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

What Does the Future Hold for Scallop In 2025-2030?

Scallop's long-term prospects look promising. The average price target for Scallop by the end of 2020 was $0.19, according to three analysts. Their five-year forecast projects the price of Scallop to be $0.19 by 2025. By 2030, the long-term prediction is $0.18.