Is Bonfida on an upswing?
No, since December 17, 2021, Bonfida has been in a long-term downward trend and has decreased by -93.94 percent over that period. The 200-day line is currently 175.04 percent away from the current price. It is 51.29 percent away from the 100-day line and 29.91 percent away from the 50-day line.
The Bonfida 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 Bonfida price over the next year. The most optimistic predicted a 12-month price target of $0.37, implying an 87 percent raise, while the worst-case scenario would be $0.28.
The most recent average price target for the next year is $0.32, and it's the most crucial.
That equates to a potential gain of 0.4 percent.
FIDA - Relative Strength Forecast
FIDA - Trend Prediction
FIDA - Price Volatility Prediction
FIDA - Relative Strength
FIDA - Momentum Forecast
What Does the Future Hold for Bonfida?
Bonfida's long-term prospects appear to be excellent. 14 analysts predicted that Bonfida would reach $0.32 by March 2025. The Bonfida price is expected to be $0.33 in five years, according to their five-year forecast through March 2027. By 2030, the long-term forecast is anticipated to be $0.33.