Is Waves on an upswing?
No, since April 17, 2022, Waves has been in a long-term downward trend and has decreased by -88.7 percent over that period. The 200-day line is currently 250.86 percent away from the current price. It is 127.3 percent away from the 100-day line and 79.72 percent away from the 50-day line.
The Waves 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 Waves price over the next year. The most optimistic predicted a 12-month price target of $2.61, implying an 87 percent raise, while the worst-case scenario would be $1.98.
The most recent average price target for the next year is $2.25, and it's the most crucial.
This means that Waves has a potential -0.29% decrease in value for 2023.
WAVES - Relative Strength Forecast
WAVES - Trend Prediction
WAVES - Price Volatility Prediction
WAVES - Relative Strength
WAVES - Momentum Forecast
What Does the Future Hold for Waves?
Waves's long-term prospects appear to be excellent. 9 analysts predicted that Waves would reach $2.24 by March 2025. The Waves price is expected to be $2.23 in five years, according to their five-year forecast through March 2027. By 2030, the long-term forecast is anticipated to be $2.21.