$0.10
$0.00 (-2.78%)
End-of-day quote: 2022-10-17
NKN/USD

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.

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

NKN - Trend Prediction

NKN - Price Volatility Prediction

NKN - Relative Strength

NKN - Momentum Forecast

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

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.