API3(api3)market reviews and price predictions
API3 market statement for 2023-05-29
Yesterday the price of api3 stood at $1.25. The market capitalization of the asset was $107 346 797. API3’s volatility was established at 0.81%. The trading volume of the coin reached $3 001 647.
API3 prognosis for the next days:
We estimate the price of API3 to be $1.18 tomorrow 2023-06-07 and $1.24 on 2023-06-13;
We estimate the market capitalization of API3 to reach $101 134 889 tomorrow 2023-06-07 and $102 831 171 on 2023-06-09;
We estimate the volatility of API3 to become 2.15% tomorrow 2023-06-07 and 1.9% on 2023-06-09;
We estimate the trading volume of API3 to amount to $3 603 026 tomorrow 2023-06-07 and $3 286 627 on 2023-06-09.
Our recommendation for the pair API3/USD for tomorrow, 2023-06-07, to hold.
May 23 - May 29 price action recap: API3 sees a weak 3% gain as the buyers take a step back.
Between May 23 - May 29, API3 has been mostly as its price has been in the rising mode. API3 was caught in a period of low volatility, which was reflected in its price action. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. The price action of the crypto coin from last week stemmed from the increasing trading volume.
API3 sees limited 4% gains between May 22 and May 28 as the market cools down.
The behavior of API3 last week was characterized by the occurrence of upswings. API3 was caught in a period of low volatility, which was reflected in its price action. 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.
Bearish price action on May 19 to May 25 resulted in API3 by 7%.
The price of API3 was falling last from May 19 until May 25, giving enough reason to conclude that the market is bearish. The volatility associated with the API3 market was low, as were its price fluctuations. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
API3 lost 7% in the period May 19 - May 25 as a result of selling pressure.
The analysis of last week’s price action shows that the API3 market is in the bearish phase since the price has been moving downward. The situation on the API3 market shows that the underlying asset is currently experiencing a period of low volatility. 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 from last week stemmed from the decreasing trading volume.
API3 lost 7% in the period May 19 - May 25 as a result of selling pressure.
The price of API3 was falling last from May 19 until May 25, giving enough reason to conclude that the market is bearish. The price swings of API3 pointed to the presence of low volatility. The asset saw its market capitalization falling over the reviewed period together with its price. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
API3 lost 7% in the period May 19 - May 25 as a result of selling pressure.
The downward movement of the API3 price last week indicates the chosen market is bearish. The situation on the API3 market shows that the underlying asset is currently experiencing a period of low volatility. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
Bearish response: The API3 price melts by 2% between May 14 and May 20.
API3 has been bearish last week as its price has been predominantly falling. API3 has been going through a period of low volatility, which fell in line with the occurred price changes. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
Restrained price action on May 9 to May 15 as API3 moves up by only 5%.
The behavior of API3 last week was characterized by the occurrence of upswings. The volatility associated with the API3 market was low, as were its price fluctuations. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. The price action of the crypto coin from last week stemmed from the increasing trading volume.
The bleeding market: API3 loses 6% between May 7 and May 13 as the selling pressure grows.
The bearish behavior of API3 last week was characterized by the occurrence of downswings. API3 was caught in a period of medium volatility, which was reflected in its price action. The price action on the coin's market translated to the decline of market capitalization. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
Bearish price action on May 6 to May 12 resulted in API3 by 10%.
The price of API3 was falling last from May 6 until May 12, giving enough reason to conclude that the market is bearish. API3 has been going through a period of medium volatility, which fell in line with the occurred price changes. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.