$0.14
$-0.01 (-3.76%)
End-of-day quote: 2022-10-26
VELO/USD

Is Velodrome Finance currently in an uptrend?

According to analysts, the answer is no. Since September 15, 2021, Velodrome Finance has been on a long-term downswing, decreasing in value by -77.42 percent. The 200-day moving average is currently -73.32 percent less than the current price, -90.99 percent less than the 100-day moving average, and -95.33% lower than the 50-day moving average.

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 Velodrome Finance 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 $0.17. Others were much less optimistic, with an anticipated price of $0.13.

The most recent average price target for the following year is $0.15, which is the most crucial number.

This indicates that Velodrome Finance may rise by 6.41% over the next year.

VELO - Relative Strength Forecast

Velodrome 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.

VELO - Trend Prediction

VELO - Price Volatility Prediction

VELO - Relative Strength

VELO - Momentum Forecast

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

The Future of Velodrome Finance In 2025-2030

The future of Velodrome Finance looks bright according to eight analysts who predict that the cryptocurrency will reach $0.17 by March 2025. In five years, the price of Velodrome Finance is expected to be $0.19, and by 2030, it is anticipated to reach $0.23.