Achain(act)market reviews and price predictions
Achain market statement for 2023-05-29
Yesterday the price of act stood at $0.001. The market capitalization of the asset was $1 082 587. Achain’s volatility was established at 0.57%. The trading volume of the coin reached $552 677.
Achain prognosis for the next days:
We estimate the price of Achain to be $0.001 tomorrow 2023-06-07 and $0.001 on 2023-06-13;
We estimate the market capitalization of Achain to reach $1 107 276 tomorrow 2023-06-07 and $1 103 702 on 2023-06-09;
We estimate the volatility of Achain to become 2.32% tomorrow 2023-06-07 and 1.62% on 2023-06-09;
We estimate the trading volume of Achain to amount to $472 108 tomorrow 2023-06-07 and $482 968 on 2023-06-09.
Our recommendation for the pair ACT/USD for tomorrow, 2023-06-07, to hold.
May 23 - May 29 market wrap: Achain had a slight 4% drop.
The price of Achain was falling last from May 23 until May 29, giving enough reason to conclude that the market is. The situation on the ACT market shows that the underlying asset is currently experiencing a period of low volatility. There has been a fall in the market capitalization of the asset during the period under review. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
The torpid Achain had its price rise only by 1% last week (May 12 - May 18).
The analysis of last week’s price action shows that the Achain market is in the phase since the price has been moving upward. The volatility of ACT has been low throughout the reviewed period in correspondence with the price action. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
The torpid Achain had its price rise only by 3% last week (May 11 - May 17).
The bullish behavior of Achain last week was characterized by the occurrence of upswings. The volatility of ACT has been low throughout the reviewed period in correspondence with the price action. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
May 11 - May 17 price action recap: Achain sees a weak 3% gain as the buyers take a step back.
The analysis of last week’s price action shows that the Achain market is in the bullish phase since the price has been moving upward. ACT has been going through a period of low volatility, which fell in line with the occurred price changes. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The price action of the crypto coin last week took place on the back of decreased trading volume.
Achain slid down by 5% last week (May 4 - May 10) as the sellers pushed back.
The behavior of Achain last week was characterized by the occurrence of downswings. ACT was caught in a period of low volatility, which was reflected in its price action. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
Achain retraces by 5% in the period May 4 - May 10 as the market turns slightly bearish.
Between May 4 - May 10, Achain has been mostly as its price has been in the falling mode. ACT was caught in a period of low volatility, which was reflected in its price action. The price action on the coin's market translated to the decline of market capitalization. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
Restrained price action on May 2 to May 8 as Achain moves up by only 1%.
The behavior of Achain last week was characterized by the occurrence of upswings. The volatility associated with the ACT market was low, as were its price fluctuations. The asset saw its market capitalization growing over the reviewed period together with its price. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.
The bullish pressure subsides between May 1 and May 7 as Achain gains only 5%.
Between May 1 - May 7, Achain has been mostly as its price has been in the rising mode. The situation on the ACT market shows that the underlying asset is currently experiencing a period of low volatility. No rise or fall was observed in the market capitalization of the coin during the period under review. No growth or loss has been observed in trading volume on the crypto coin's market.
Buyers weakened their grip on the Achain market (May 1 - May 7) as the price rose only by 5%.
The price of Achain was rising last from May 1 until May 7, giving enough reason to conclude that the market is. ACT has been going through a period of low volatility, which fell in line with the occurred price changes. No rise or fall was observed in the market capitalization of the coin during the period under review. No growth or loss has been observed in trading volume on the crypto coin's market.
Achain showed a moderate 10% growth between April 29 and May 5.
The behavior of Achain last week was characterized by the occurrence of upswings. The volatility associated with the ACT market was medium, as were its price fluctuations. The asset saw its market capitalization growing over the reviewed period together with its price. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.