Is Weave on an upswing?
Yes, since July 31, 2022, Weave has been in a long-term upward trend and has increased by 81.03 percent over that period. The 200-day line is currently 189.55 percent away from the current price. It is 63.45 percent away from the 100-day line and 26.05 percent away from the 50-day line.
The Weave Forecast for 2023
Let's take a deeper look at the one-year forecast since it is the most precise of the analysts' forecasts.
Analysts had a wide range of forecasts for the Weave price over the next year. The most optimistic predicted a 12-month price target of $0.12, implying an 87 percent raise, while the worst-case scenario would be $0.09.
The most recent average price target for the next year is $0.10, and it's the most crucial.
This means that Weave has a potential -0.6% decrease in value for 2023.
WEAVE - Relative Strength Forecast
WEAVE - Trend Prediction
WEAVE - Price Volatility Prediction
WEAVE - Relative Strength
WEAVE - Momentum Forecast
What Does the Future Hold for Weave?
Weave's long-term prospects appear to be excellent. 4 analysts predicted that Weave would reach $0.10 by March 2025. The Weave price is expected to be $0.10 in five years, according to their five-year forecast through March 2027. By 2030, the long-term forecast is anticipated to be $0.10.