Is Centrifuge doing well?
No, because the price is below all three moving averages, it is in a downtrend.
The Centrifuge 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 Centrifuge price over the next year. The most optimistic forecast for the price target was $0.80, implying an 87 percent increase in 12 months, but the worst-case scenario anticipated a fall to as low as $0.62.
The most up-to-date average price target for the year ahead is $0.70.
That would represent a potential gain of 6.09 percent.
CFG - Relative Strength Forecast
CFG - Trend Prediction
CFG - Price Volatility Prediction
CFG - Relative Strength
CFG - Momentum Forecast
What Does the Future Hold for Centrifuge In 2025-2030?
Centrifuge's long-term prospects look promising. The average price target for Centrifuge by the end of 2020 was $0.79, according to fifteen analysts. Their five-year forecast projects the price of Centrifuge to be $0.89 by 2025. By 2030, the long-term prediction is $1.06.