Is Witnet on an upswing?
No, since September 12, 2022, Witnet has been in a long-term downward trend and has decreased by 100 percent over that period. The 200-day line is currently -68.15 percent away from the current price. It is -92.73 percent away from the 100-day line and -98.11 percent away from the 50-day line.
The Witnet 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 Witnet price over the next year. The most optimistic predicted a 12-month price target of $0.02, implying an 87 percent raise, while the worst-case scenario would be $0.02.
The most recent average price target for the next year is $0.02, and it's the most crucial.
That equates to a potential gain of 3.91 percent.
WIT - Relative Strength Forecast
WIT - Trend Prediction
WIT - Price Volatility Prediction
WIT - Relative Strength
WIT - Momentum Forecast
What Does the Future Hold for Witnet?
Witnet's long-term prospects appear to be excellent. 5 analysts predicted that Witnet would reach $0.02 by March 2025. The Witnet price is expected to be $0.02 in five years, according to their five-year forecast through March 2027. By 2030, the long-term forecast is anticipated to be $0.03.