$36.60
$-1.45 (-3.81%)
End-of-day quote: 2022-10-17
CNX/USD

Is Cryptonex on the rise?

No, the price is lower than all three moving averages. Thus, it is in a downtrend.

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 Cryptonex 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 Cryptonex would be in 12 months' time. The most optimistic said it could reach $44.69, while the most pessimistic said it could drop to $34.44.

However, the most recent average price target for the next year is $38.95, which is the most significant.

This would represent a potential gain of 6.41 percent.

CNX - Relative Strength Forecast

Cryptonex broke through the 25 strength line from above on 2022-09-13 and then changed into a weak trend, which thereby generated sell signals that lasted one month. Late Sep 2022 we see how the relative strength rises from below 25 to above 25. Thus, Cryptonex has been in a buy signal since 2022-09-24.

CNX - Trend Prediction

CNX - Price Volatility Prediction

From 09/13/2022 we see a strong Cryptonex above the moving average causing rising prices of Cryptonex. From late Sep 2022 we then see a strong Cryptonex, which then triggers a buy signal.

CNX - Relative Strength

From 09/21/2022 to 09/22/2022 Cryptonex was so oversold that this led to a reversal trend. Late Sep 2022 we then see Cryptonex developing more and more strength, which is a buy signal.

CNX - Momentum Forecast

Mid Oct 2022 Cryptonex left the oversold zone to the upside, which led to a short-term _-val__ change in trend. In October we then see weak volatility for Cryptonex for a longer period of time which led to negative signals for Cryptonex.

What Will Happen to Cryptonex in 2025-2030?

The long-term prospects for Cryptonex appear to be very good. According to the predictions of 13 different analysts, the value of Cryptonex is expected to reach $44.10 by March 2025. Furthermore, their five-year forecast predicts that Cryptonex will be worth $49.93 by 2027. Finally, by 2030, the long-term projection is that Cryptonex will have a value of $60.16.