Is NKN on an upswing?
No, since April 4, 2022, NKN has been in a long-term downward trend and has decreased by -65.52 percent over that period. The 200-day line is currently 30.04 percent away from the current price. It is 0.4 percent away from the 100-day line and -7.41 percent away from the 50-day line.
The NKN 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 NKN price over the next year. The most optimistic predicted a 12-month price target of $0.12, implying an 87 percent raise, while the worst-case scenario would be $0.09.
The most recent average price target for the next year is $0.10, and it's the most crucial.
That equates to a potential gain of 1.42 percent.
NKN - Relative Strength Forecast
NKN - Trend Prediction
NKN - Price Volatility Prediction
NKN - Relative Strength
NKN - Momentum Forecast
What Does the Future Hold for NKN?
NKN's long-term prospects appear to be excellent. 1 analysts predicted that NKN would reach $0.10 by March 2025. The NKN price is expected to be $0.11 in five years, according to their five-year forecast through March 2027. By 2030, the long-term forecast is anticipated to be $0.11.