Despite the fact that 100% accurate technical analysis for Tornado Cash cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated TORN buy-and-sell rating for selected timeframe. The summary for TORN/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.
Below we have collected the most reliable price projections for Tornado Cash (TORN) from popular forecast platforms.
#1. WalletInvestor TORN Price Prediction for 2021, 2023, 2025
According to WalletInvestor, Tornado Cash price will drop from $55.87 to $3.735 in one year. That makes TORN an bad investment. The long-term earning potential is -93.31%.
#2. DigitalCoin TORN Price Forecast for 2021, 2022, 2023, 2025
In DigitalCoin analysis, the price of Tornado Cash cryptocurrency will rise in the next 5 years starting from $60.4498 as of today’s price to $246.5069561. It will go up to $102.6977572 by 2022 and continue its growth in 2023-2024. Based on this forecast, Tornado Cash is a profitable long-term investment.
As it can be clear from the analysis cited above, Tornado Cash (TORN) projections are rather contradictory. There is no universal consensus either about positive or negative future TORN price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Tornado Cash projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
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