Propy (PRO) is a decentralized platform built for real estate and properties buying and selling. It operates on the Ethereum platform and uses blockchain technology to ease the buying and selling of properties. It empowers buyers, sellers, and their agents to close the deal entirely online.
It aims to automate the real estate industry and make the process transparent and straightforward. Just like Zillow, Redfin, and other real estate listings, It aggregates data from MLS. It acts as a mediator between the property buyers and sellers.
Propy crypto price suffered rejection from the 50-day EMA over the weekly chart. The bulls seem to be losing momentum near the key EMA due to which the price has slumped nearly 8% in one week.
It has a 24-hour trading volume of $608.75 K with a rise of 10.16% as compared to the previous day. The live market cap of Propy is $30.58 Million and it ranks 550th among the top cryptos. The volume-to-market cap ratio is 2.01% indicating very low volatility in the market.
Propy Price Prediction November 2023
The weekly chart illustrates the formation of a bullish flag over the daily chart. The price has surged from the lower trendline of the channel and is headed toward the upper boundary of the channel indicating a short-term optimistic outlook.
Moreover, the long-term outlook stands on the bearish side until the price is maintained in the channel. The breakout above the bullish flag pattern may turn the long-term trend optimistic and the price may show significant gains.
Propy Price Prediction 2023
The most optimistic price forecast of the analysts expects the PRO price may reach a high of $0.355 signifying an upside potential of 17.76% from the CMP. The minimum price that Propy could reach is $0.275.
Propy Price Prediction 2024
As per analysts, the most optimistic target that the Propy price may achieve is $0.449, indicating an upside potential of 49.02% from the CMP. The average analyst price target is $0.4017 by the end of 2024. However, the pessimistic view of analysts estimated the price to reach $0.354.
Propy Price Prediction 2025
The most optimistic analyst forecast for Propy crypto expects the price to reach a high of $0.580 with a potential gain of 90.9% from the CMP. The minimum forecasted price by the end of 2025 is $0.4416.
Propy Price Prediction 2026
The PRO price may reach a high of $0.8028 if a positive trend prevails for the crypto market. On the flip side, the most pessimistic view of the analysts expects the price to reach $0.522 by 2026.
Propy Price Prediction 2027
According to the analysts’ price prediction for the year 2027, the most optimistic view of analysts is the price target of $1.12. The minimum price target is $0.7392.
Propy Price Prediction 2028
On an optimistic note, the Propy price may advance to a high of $1.7609 in the next five years. The price may rise to a minimum of $1.071 by the end of 2028.
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.
Amanda Shinoy is one of the few women in the space invested knee-deep in crypto. An advocate for increasing the presence of women in crypto, she is known for her accurate technical analysis and price prediction of cryptocurrencies. Readers are often waiting for her opinion about the next rally. She is a finance expert with an MBA in finance. Quitting a corporate job at a leading financial institution, she now engages herself full-time into financial education for the general public.
Source: https://www.thecoinrepublic.com/2023/11/22/propy-price-prediction-2023-2028-bulls-set-to-break-out/