Channels(can)market reviews and price predictions
Channels market statement for 2023-05-25
Yesterday the price of can stood at $0.0002. The market capitalization of the asset was $168 507. Channels’s volatility was established at 1.45%. The trading volume of the coin reached $174.
Channels prognosis for the next days:
We estimate the price of Channels to be $0.001 tomorrow 2023-06-04 and $0.001 on 2023-06-10;
We estimate the market capitalization of Channels to reach $1 404 495 tomorrow 2023-06-04 and $1 404 762 on 2023-06-06;
We estimate the volatility of Channels to become 1116.12% tomorrow 2023-06-04 and 750% on 2023-06-06;
We estimate the trading volume of Channels to amount to $109 tomorrow 2023-06-04 and $250 on 2023-06-06.
Our recommendation for the pair CAN/USD for tomorrow, 2023-06-04, to buy.
Bearish price action on May 19 to May 25 resulted in Channels by 9%.
Between May 19 - May 25, Channels has been mostly bearish as its price has been in the falling mode. The volatility of CAN has been high throughout the reviewed period in correspondence with the price action. The price action on the coin's market translated to the growth of market capitalization. The price action of the crypto coin last week took place on the back of increased trading volume.
Bearish price action on May 19 to May 25 resulted in Channels by 9%.
The price of Channels was falling last from May 19 until May 25, giving enough reason to conclude that the market is bearish. CAN has been going through a period of high volatility, which fell in line with the occurred price changes. 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 last week took place on the back of increased trading volume.
Channels lost 7% in the period May 18 - May 24 as a result of selling pressure.
The analysis of last week’s price action shows that the Channels market is in the bearish phase since the price has been moving downward. The volatility associated with the CAN market was high, as were its price fluctuations. There has been a fall in the market capitalization of the asset during the period under review. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
May 18 - May 24 price action review: Channels goes down by 7%.
The analysis of last week’s price action shows that the Channels market is in the bearish phase since the price has been moving downward. CAN was caught in a period of high volatility, which was reflected in its price action. 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.
Bearish response: The Channels price melts by 2% between May 14 and May 20.
The downward movement of the Channels price last week indicates the chosen market is bearish. The price swings of CAN 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.
Channels retraces by 2% in the period May 14 - May 20 as the market turns slightly bearish.
The price of Channels was falling last from May 14 until May 20, giving enough reason to conclude that the market is bearish. The price swings of CAN pointed to the presence of medium volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
Channels slid down by 2% last week (May 14 - May 20) as the sellers pushed back.
The analysis of last week’s price action shows that the Channels market is in the bearish phase since the price has been moving downward. CAN was caught in a period of medium volatility, which was reflected in its price action. The market capitalization of the asset has been decreasing in concert with the price of the coin. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Bearish response: The Channels price melts by 2% between May 14 and May 20.
The analysis of last week’s price action shows that the Channels market is in the bearish phase since the price has been moving downward. The volatility of CAN has been medium 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 price action of the crypto coin last week took place on the back of decreased trading volume.
May 14 - May 20 market wrap: Channels had a slight 2% drop.
Between May 14 - May 20, Channels has been mostly bearish as its price has been in the falling mode. CAN 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 price action of the crypto coin last week took place on the back of decreased trading volume.
May 14 - May 20 market wrap: Channels had a slight 2% drop.
The bearish behavior of Channels last week was characterized by the occurrence of downswings. The volatility associated with the CAN 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. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.