Is Nexus Mutual on the rise?
No, April 7, 2022 has been on a long-term downswing since Nexus Mutual, gaining -41.4 percent. The 200-day trendline is currently -6.11 percent away from the current price, -22.48 percent from the 100-day line, and -28.27 percent from the 50-day line.
The Nexus Mutual price prediction for 2023
To get a more accurate idea of what might happen next year, let's take a closer look at the one-year forecast.
There was quite a range of predictions from different analysts about where the price of Nexus Mutual would be in 12 months' time. The most optimistic said it could reach $73.48, while the most pessimistic said it could drop to $55.88.
However, the most recent average price target for the next year is $63.61, which is the most significant.
This would represent a potential gain of 1.21 percent.
NXM - Relative Strength Forecast
NXM - Trend Prediction
NXM - Price Volatility Prediction
NXM - Relative Strength
NXM - Momentum Forecast
What Will Happen to Nexus Mutual in 2025-2030?
The long-term prospects for Nexus Mutual appear to be very good. According to the predictions of 12 different analysts, the value of Nexus Mutual is expected to reach $65.16 by March 2025. Furthermore, their five-year forecast predicts that Nexus Mutual will be worth $66.75 by 2027. Finally, by 2030, the long-term projection is that Nexus Mutual will have a value of $69.20.