Bounce(auction)market reviews and price predictions
Bounce market statement for 2023-05-25
Yesterday the price of auction stood at $4.69. The market capitalization of the asset was $30 386 071. Bounce’s volatility was established at 1.74%. The trading volume of the coin reached $1 913 663.
Bounce prognosis for the next days:
We estimate the price of Bounce to be $4.73 tomorrow 2023-05-31 and $4.91 on 2023-06-06;
We estimate the market capitalization of Bounce to reach $32 750 098 tomorrow 2023-05-31 and $32 339 264 on 2023-06-02;
We estimate the volatility of Bounce to become 2.14% tomorrow 2023-05-31 and 2.3% on 2023-06-02;
We estimate the trading volume of Bounce to amount to $856 625 tomorrow 2023-05-31 and $2 286 287 on 2023-06-02.
Our recommendation for the pair AUCTION/USD for tomorrow, 2023-05-31, to buy.
Bounce lost 7% in the period May 19 - May 25 as a result of selling pressure.
Between May 19 - May 25, Bounce has been mostly bearish as its price has been in the falling mode. The volatility associated with the AUCTION market was medium, as were its price fluctuations. There has been a fall 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 decreased trading volume.
Restrained price action on May 14 to May 20 as Bounce moves up by only 4%.
The analysis of last week’s price action shows that the Bounce market is in the phase since the price has been moving upward. The price swings of AUCTION pointed to the presence of low volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.
May 14 - May 20 price action recap: Bounce sees a weak 4% gain as the buyers take a step back.
The analysis of last week’s price action shows that the Bounce market is in the phase since the price has been moving upward. The volatility associated with the AUCTION market was low, as were its price fluctuations. The market capitalization of the asset has been increasing in concert with the price of the coin. The price action of the crypto coin last week took place on the back of increased trading volume.
May 14 - May 20 price action recap: Bounce sees a weak 4% gain as the buyers take a step back.
The upward movement of the Bounce price last week indicates the chosen market is. The volatility of AUCTION has been low throughout the reviewed period in correspondence with the price action. 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.
Last week’s (May 13 - May 19) irresolute Bounce : the price moved up no more than 3%.
Bounce has been last week as its price has been predominantly rising. AUCTION 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.
Bounce sees limited 3% gains between May 13 and May 19 as the market cools down.
The behavior of Bounce last week was characterized by the occurrence of upswings. AUCTION 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.
Bounce market stayed flat from May 12 - May 18.
Bounce portrayed neutral behavior last week, with no changes in the price. The price swings of AUCTION pointed to the presence of low volatility. 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.
Slightly bearish : traders witnessed Bounce moving down 1% from May 9 till May 15.
The price of Bounce was falling last from May 9 until May 15, giving enough reason to conclude that the market is bearish. AUCTION was caught in a period of low volatility, which was reflected in its price action. The asset saw its market capitalization falling over the reviewed period together with its price. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Bearish response: The Bounce price melts by 2% between May 8 and May 14.
Between May 8 - May 14, Bounce has been mostly bearish as its price has been in the falling mode. The price swings of AUCTION pointed to the presence of medium volatility. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
The bears stepped up a gear on May 7 - May 13, dropping the price of Bounce by 10%.
The analysis of last week’s price action shows that the Bounce market is in the bearish phase since the price has been moving downward. AUCTION 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 trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.