March Results - $LYXe vs. $LYXe (Forecast)

Updated: Apr 14, 2021

Looking at the forecast of $LYXe vs. the results so far in March, $LYXe surpassed the growth rate for most of the time, with the slowdown recently going below the forecast for the past few days. This rapid price increase and subsequent decline is due to the impact of short-term momentum trading, that caused the price to rise too fast at unsustainable levels, then the decrease being over exaggerated to relative value, as momentum shifted lower after the massive increase.

To maintain accuracy in the forecast a pickup in price and appreciation of the token will have to occur, with a price target around $25 to $28 for end of March and beginning of April.