Is Shentu on the rise?
No, the price of Shentu has been decreasing steadily since September 11, 2022, and is currently down by -34.95%. The 200-day moving average is currently 45.83% above the current price. The 100-day moving average is 33.89% above the current price, and the 50-day moving average is 29.76% above the current price.
The Shentu Forecast for 2023
We need to look more closely at a forecast for the one-year outlook, as it is more accurate than other predictions.
For Shentu prices in the next year, analysts have made various forecasts. The most optimistic prediction is for a 12-month price target of $0.78, while the most pessimistic outlook is for $0.59.
The most recent forecasted price target for the next year is $0.68, which is crucial to note.
This means it's possible to witness a gain of 0.76 percent.
CTK - Relative Strength Forecast
CTK - Trend Prediction
CTK - Price Volatility Prediction
CTK - Relative Strength
CTK - Momentum Forecast
Shentu's Prospects For 2025-2030
The next few years look good for Shentu. Ten analysts have predicted that by March 2025, Shentu will have reached $0.69. The Shentu price is expected to be $0.70 by March 2027, according to the five-year forecast. The long-term forecast for 2030 is $0.71.