Is Kusama doing well?
Yes, since April 1, 2022, Kusama has been continually going up, increasing 48.17 percent. The 200-day line is +204.47 percent away from where the price is now. It's 83.18 percent away from the 100-day line and 53.57 percent from the 50-day line.
The Kusama 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 Kusama price over the next year. The most optimistic forecast for the price target was $33.47, implying an 87 percent increase in 12 months, but the worst-case scenario anticipated a fall to as low as $25.35.
The most up-to-date average price target for the year ahead is $28.92.
It carries the potential for an -0.31 decrease in value for 2023.
KSM - Relative Strength Forecast
KSM - Trend Prediction
KSM - Price Volatility Prediction
KSM - Relative Strength
KSM - Momentum Forecast
What Does the Future Hold for Kusama In 2025-2030?
Kusama's long-term prospects look promising. The average price target for Kusama by the end of 2020 was $28.74, according to four analysts. Their five-year forecast projects the price of Kusama to be $28.56 by 2025. By 2030, the long-term prediction is $28.30.