Is MX currently in an uptrend?
According to analysts, the answer is no. Since May 9, 2022, MX has been on a long-term downswing, decreasing in value by 149.75 percent. The 200-day moving average is currently -74.23 percent less than the current price, -78.39 percent less than the 100-day moving average, and -80.88% lower than the 50-day moving average.
The MX Forecast for 2023
The one-year forecast is generally seen as the most accurate.
Some analysts were optimistic, predicting a 12-month price target of $6.06. Others were much less optimistic, with an anticipated price of $4.67.
The most recent average price target for the following year is $5.28, which is the most crucial number.
This indicates that MX may rise by 6.31% over the next year.
MX - Relative Strength Forecast
MX - Trend Prediction
MX - Price Volatility Prediction
MX - Relative Strength
MX - Momentum Forecast
The Future of MX In 2025-2030
The future of MX looks bright according to six analysts who predict that the cryptocurrency will reach $5.97 by March 2025. In five years, the price of MX is expected to be $6.75, and by 2030, it is anticipated to reach $8.11.