Is Decentralized Social on the rise?
No, the price of Decentralized Social has been decreasing steadily since October 12, 2022, and is currently down by 5.74%. The 200-day moving average is currently -4.56% above the current price. The 100-day moving average is -39.37% above the current price, and the 50-day moving average is -35.14% above the current price.
The Decentralized Social Forecast for 2023
We need to look more closely at a forecast for the one-year outlook, as it is more accurate than other predictions.
For Decentralized Social prices in the next year, analysts have made various forecasts. The most optimistic prediction is for a 12-month price target of $23.18, while the most pessimistic outlook is for $17.71.
The most recent forecasted price target for the next year is $20.11, which is crucial to note.
This means it's possible to witness a gain of 3.03 percent.
DESO - Relative Strength Forecast
DESO - Trend Prediction
DESO - Price Volatility Prediction
DESO - Relative Strength
DESO - Momentum Forecast
Decentralized Social's Prospects For 2025-2030
The next few years look good for Decentralized Social. Seven analysts have predicted that by March 2025, Decentralized Social will have reached $21.35. The Decentralized Social price is expected to be $22.66 by March 2027, according to the five-year forecast. The long-term forecast for 2030 is $24.79.