Is Ren doing well?
No, since December 4, 2021, Ren has been continually going down, decreasing -93.33 percent. The 200-day line is +292.14 percent away from where the price is now. It's 170.5 percent away from the 100-day line and 140.8 percent from the 50-day line.
The Ren 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 Ren price over the next year. The most optimistic forecast for the price target was $0.06, implying an 87 percent increase in 12 months, but the worst-case scenario anticipated a fall to as low as $0.04.
The most up-to-date average price target for the year ahead is $0.05.
It carries the potential for an -0.3 decrease in value for 2023.
REN - Relative Strength Forecast
REN - Trend Prediction
REN - Price Volatility Prediction
REN - Relative Strength
REN - Momentum Forecast
What Does the Future Hold for Ren In 2025-2030?
Ren's long-term prospects look promising. The average price target for Ren by the end of 2020 was $0.05, according to ten analysts. Their five-year forecast projects the price of Ren to be $0.05 by 2025. By 2030, the long-term prediction is $0.05.