$3.68
+ $0.13 (3.56%)
End-of-day quote: 2022-10-18
ZNN/USD

Is Zenon currently in an uptrend?

According to analysts, the answer is no. Since November 27, 2021, Zenon has been on a long-term downswing, decreasing in value by -79.24 percent. The 200-day moving average is currently 2.01 percent less than the current price, -34.82 percent less than the 100-day moving average, and -45.39% lower than the 50-day moving average.

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 Zenon Forecast for 2023

The one-year forecast is generally seen as the most accurate.

Some analysts were optimistic, predicting a 12-month price target of $4.28. Others were much less optimistic, with an anticipated price of $3.25.

The most recent average price target for the following year is $3.70, which is the most crucial number.

This indicates that Zenon may rise by 0.61% over the next year.

ZNN - Relative Strength Forecast

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

ZNN - Trend Prediction

ZNN - Price Volatility Prediction

ZNN - Relative Strength

ZNN - Momentum Forecast

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

The Future of Zenon In 2025-2030

The future of Zenon looks bright according to fourteen analysts who predict that the cryptocurrency will reach $3.75 by March 2025. In five years, the price of Zenon is expected to be $3.79, and by 2030, it is anticipated to reach $3.86.