Is Decentralized Social on the rise?
No, the price of Decentralized Social has been decreasing steadily since October 12, 2022, and is currently down by 14.95%. The 200-day moving average is currently -12.2% above the current price. The 100-day moving average is -44.22% above the current price, and the 50-day moving average is -40.34% above the current price.
The Decentralized Social 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 Decentralized Social prices in the next year, analysts have made various forecasts. The most optimistic prediction is for a 12-month price target of $24.95, while the most pessimistic outlook is for $19.01.
The most recent forecasted price target for the next year is $21.62, which is crucial to note.
This means it's possible to witness a gain of 1.87 percent.
DESO - Relative Strength Forecast
DESO - Trend Prediction
DESO - Price Volatility Prediction
DESO - Relative Strength
DESO - Momentum Forecast
Decentralized Social's Prospects For 2025-2030
The next few years look good for Decentralized Social. Seven analysts have predicted that by March 2025, Decentralized Social will have reached $22.43. The Decentralized Social price is expected to be $23.28 by March 2027, according to the five-year forecast. The long-term forecast for 2030 is $24.61.