$0.70
+ $0.02 (2.54%)
End-of-day quote: 2022-10-25
OM/USD

Is MANTRA doing well?

No, since December 5, 2021, MANTRA has been continually going down, decreasing 250 percent. The 200-day line is +-91.36 percent away from where the price is now. It's -93.37 percent away from the 100-day line and -93.96 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 MANTRA 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 MANTRA price over the next year. The most optimistic forecast for the price target was $0.85, implying an 87 percent increase in 12 months, but the worst-case scenario anticipated a fall to as low as $0.66.

The most up-to-date average price target for the year ahead is $0.74.

That would represent a potential gain of 6.42 percent.

OM - Relative Strength Forecast

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

OM - Trend Prediction

OM - Price Volatility Prediction

OM - Relative Strength

OM - Momentum Forecast

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

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

MANTRA's long-term prospects look promising. The average price target for MANTRA by the end of 2020 was $0.84, according to seven analysts. Their five-year forecast projects the price of MANTRA to be $0.96 by 2025. By 2030, the long-term prediction is $1.15.