Is Pangolin on an upswing?
No, since November 25, 2021, Pangolin has been in a long-term downward trend and has decreased by -71.27 percent over that period. The 200-day line is currently -66.58 percent away from the current price. It is -85.34 percent away from the 100-day line and -85.48 percent away from the 50-day line.
The Pangolin 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 Pangolin price over the next year. The most optimistic predicted a 12-month price target of $0.64, implying an 87 percent raise, while the worst-case scenario would be $0.49.
The most recent average price target for the next year is $0.55, and it's the most crucial.
That equates to a potential gain of 6.42 percent.
PNG - Relative Strength Forecast
PNG - Trend Prediction
PNG - Price Volatility Prediction
PNG - Relative Strength
PNG - Momentum Forecast
What Does the Future Hold for Pangolin?
Pangolin's long-term prospects appear to be excellent. 15 analysts predicted that Pangolin would reach $0.63 by March 2025. The Pangolin price is expected to be $0.71 in five years, according to their five-year forecast through March 2027. By 2030, the long-term forecast is anticipated to be $0.86.