Arcblock(abt)market reviews and price predictions
Arcblock market statement for 2023-01-31
Yesterday the price of abt stood at $0.14. The market capitalization of the asset was $14 520 794. Arcblock’s volatility was established at 3.35%. The trading volume of the coin reached $648 840.
Arcblock prognosis for the next days:
We estimate the price of Arcblock to be $0.15 tomorrow 2023-02-07 and $0.13 on 2023-02-13;
We estimate the market capitalization of Arcblock to reach $13 606 145 tomorrow 2023-02-07 and $14 649 970 on 2023-02-09;
We estimate the volatility of Arcblock to become 14.82% tomorrow 2023-02-07 and 9.57% on 2023-02-09;
We estimate the trading volume of Arcblock to amount to $2 221 347 tomorrow 2023-02-07 and $1 857 731 on 2023-02-09.
Our recommendation for the pair ABT/USD for tomorrow, 2023-02-07, to sell.
January 25 - January 31 market watch: Arcblock goes up by 21% as buying pressure persists.
The price of Arcblock was rising last from January 25 until January 31, giving enough reason to conclude that the market is bullish. The price swings of ABT pointed to the presence of high volatility. The market capitalization of the asset has been increasing in concert with the price of the coin. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.
A 26% price appreciation seen on the Arcblock market between January 24 and January 30.
The bullish behavior of Arcblock last week was characterized by the occurrence of upswings. The price swings of ABT pointed to the presence of high volatility. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.
January 20 - January 26 market watch: Arcblock goes up by 47% as buying pressure persists.
Arcblock has been bullish last week as its price has been predominantly rising. ABT has been going through a period of high volatility, which fell in line with the occurred price changes. The asset saw its market capitalization growing over the reviewed period together with its price. The price action of the crypto coin from last week stemmed from the increasing trading volume.
The bullish pressure subsides between January 18 and January 24 as Arcblock gains only 4%.
Between January 18 - January 24, Arcblock has been mostly bullish as its price has been in the rising mode. The situation on the ABT market shows that the underlying asset is currently experiencing a period of low volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The price action of the crypto coin from last week stemmed from the increasing trading volume.
The bullish pressure subsides between January 3 and January 9 as Arcblock gains only 4%.
The analysis of last week’s price action shows that the Arcblock market is in the bullish phase since the price has been moving upward. ABT was caught in a period of low volatility, which was reflected in its price action. There has been a rise in the market capitalization of the asset during the period under review. The price action of the crypto coin last week took place on the back of increased trading volume.
The bullish pressure subsides between December 30 and January 5 as Arcblock gains only 5%.
The price of Arcblock was rising last from December 30 until January 5, giving enough reason to conclude that the market is. ABT has been going through a period of low volatility, which fell in line with the occurred price changes. The asset saw its market capitalization growing over the reviewed period together with its price. The price action of the crypto coin last week took place on the back of increased trading volume.
Buyers weakened their grip on the Arcblock market (December 29 - January 4) as the price rose only by 5%.
The price of Arcblock was rising last from December 29 until January 4, giving enough reason to conclude that the market is. The price swings of ABT pointed to the presence 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.
Slightly bearish : traders witnessed Arcblock moving down 2% from December 25 till December 31.
The downward movement of the Arcblock price last week indicates the chosen market is bearish. ABT has been going through a period of low volatility, which fell in line with the occurred price changes. The price action on the coin's market translated to the decline of market capitalization. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
Bearish response: The Arcblock price melts by 1% between December 8 and December 14.
Arcblock has been last week as its price has been predominantly falling. ABT has been going through a period of medium volatility, which fell in line with the occurred price changes. The market capitalization of the asset has been decreasing in concert with the price of the coin. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
Arcblock market stayed flat from December 4 - December 10.
Arcblock portrayed neutral behavior last week, with no changes in the price. The volatility associated with the ABT market was medium, 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 crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.