$0.27
+ $0.01 (3.91%)
End-of-day quote: 2022-10-25
GEL/USD

Is Gelato doing well?

Yes, since April 1, 2022, Gelato has been continually going up, increasing -3.06 percent. The 200-day line is +89 percent away from where the price is now. It's 8.63 percent away from the 100-day line and -17.46 percent from the 50-day line.

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 Gelato Forecast for 2023

Let's look at the one-year forecast since it is the most accurate of the analysts' predictions.

Analysts offered a wide range of forecasts for the Gelato price over the next year. The most optimistic forecast for the price target was $0.31, implying an 87 percent increase in 12 months, but the worst-case scenario anticipated a fall to as low as $0.24.

The most up-to-date average price target for the year ahead is $0.27.

That would represent a potential gain of 0.35 percent.

GEL - Relative Strength Forecast

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

GEL - Trend Prediction

GEL - Price Volatility Prediction

GEL - Relative Strength

GEL - Momentum Forecast

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

What Does the Future Hold for Gelato In 2025-2030?

Gelato's long-term prospects look promising. The average price target for Gelato by the end of 2020 was $0.27, according to fourteen analysts. Their five-year forecast projects the price of Gelato to be $0.27 by 2025. By 2030, the long-term prediction is $0.28.