Chia(xch)market reviews and price predictions
Chia market statement for 2023-05-31
Yesterday the price of xch stood at $33.86. The market capitalization of the asset was $256 106 623. Chia’s volatility was established at 1.13%. The trading volume of the coin reached $2 143 797.
Chia prognosis for the next days:
We estimate the price of Chia to be $34.05 tomorrow 2023-06-07 and $35.08 on 2023-06-13;
We estimate the market capitalization of Chia to reach $257 041 782 tomorrow 2023-06-07 and $257 335 160 on 2023-06-09;
We estimate the volatility of Chia to become 1.07% tomorrow 2023-06-07 and 1.01% on 2023-06-09;
We estimate the trading volume of Chia to amount to $1 815 719 tomorrow 2023-06-07 and $1 802 360 on 2023-06-09.
Our recommendation for the pair XCH/USD for tomorrow, 2023-06-07, to buy.
Chia slid down by 1% last week (May 25 - May 31) as the sellers pushed back.
Between May 25 - May 31, Chia has been mostly bearish as its price has been in the falling mode. XCH 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 trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Bearish response: The Chia price melts by 1% between May 24 and May 30.
The downward movement of the Chia price last week indicates the chosen market is bearish. The price swings of XCH 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.
Chia retraces by 2% in the period May 21 - May 27 as the market turns slightly bearish.
Between May 21 - May 27, Chia has been mostly bearish as its price has been in the falling mode. The volatility of XCH has been low throughout the reviewed period in correspondence with the 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.
Chia slid down by 2% last week (May 21 - May 27) as the sellers pushed back.
Between May 21 - May 27, Chia has been mostly bearish as its price has been in the falling mode. The volatility associated with the XCH 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 trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
May 19 - May 25 price action review: Chia goes down by 6%.
Chia has been bearish last week as its price has been predominantly falling. The situation on the XCH market shows that the underlying asset is currently experiencing a period of low volatility. 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.
Chia market stayed flat from May 11 - May 17.
Chia portrayed neutral behavior last week, with no changes in the price. The situation on the XCH 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 trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Chia market stayed flat from May 11 - May 17.
Chia portrayed neutral behavior last week, with no changes in the price. The volatility of XCH 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 crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
May 9 - May 15 market wrap: Chia had a slight 5% drop.
The downward movement of the Chia price last week indicates the chosen market is bearish. XCH was caught in a period of medium volatility, which was reflected in its price action. The asset saw its market capitalization falling over the reviewed period together with its price. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
The bullish pressure subsides between May 4 and May 10 as Chia gains only 1%.
Chia has been bearish last week as its price has been predominantly rising. The situation on the XCH market shows that the underlying asset is currently experiencing a period of low volatility. The market capitalization of the asset has been decreasing in concert with the price of the coin. 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 April 30 to May 6 resulted in Chia by 9%.
The analysis of last week’s price action shows that the Chia market is in the bearish phase since the price has been moving downward. The volatility associated with the XCH 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 past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.