$1.05
$-0.02 (-2.17%)
End-of-day quote: 2022-10-25
RBN/USD

Is Ribbon Finance on the rise?

No, the price is lower than all three moving averages. Thus, it is in a downtrend.

EMA 200-day line
EMA 100-day line
EMA 50-day line
SMA 200-day line
SMA 100-day line
SMA 50-day line

The Ribbon Finance price prediction for 2023

To get a more accurate idea of what might happen next year, let's take a closer look at the one-year forecast.

There was quite a range of predictions from different analysts about where the price of Ribbon Finance would be in 12 months' time. The most optimistic said it could reach $1.23, while the most pessimistic said it could drop to $0.94.

However, the most recent average price target for the next year is $1.07, which is the most significant.

This would represent a potential gain of 1.74 percent.

RBN - Relative Strength Forecast

Ribbon Finance broke through the 25 strength line from above on and then changed into a trend, which thereby generated sell signals that lasted one month.

RBN - Trend Prediction

RBN - Price Volatility Prediction

RBN - Relative Strength

RBN - Momentum Forecast

In we then see weak volatility for Ribbon Finance for a longer period of time which led to negative signals for Ribbon Finance.

What Will Happen to Ribbon Finance in 2025-2030?

The long-term prospects for Ribbon Finance appear to be very good. According to the predictions of 11 different analysts, the value of Ribbon Finance is expected to reach $1.11 by March 2025. Furthermore, their five-year forecast predicts that Ribbon Finance will be worth $1.14 by 2027. Finally, by 2030, the long-term projection is that Ribbon Finance will have a value of $1.21.