$19.52
+ $0.16 (0.81%)
End-of-day quote: 2022-10-25
DESO/USD

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.

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 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

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

DESO - Trend Prediction

DESO - Price Volatility Prediction

DESO - Relative Strength

DESO - Momentum Forecast

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

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.