Chonk(chonk)market reviews and price predictions
Chonk market statement for 2022-09-24
Yesterday the price of chonk stood at $1.23. The market capitalization of the asset was $47 631. Chonk’s volatility was established at 3.91%. The trading volume of the coin reached $15 162.
Chonk prognosis for the next days:
We estimate the price of Chonk to be $1.35 tomorrow 2022-09-30 and $1.41 on 2022-10-06;
We estimate the market capitalization of Chonk to reach $54 081 tomorrow 2022-09-30 and $51 332 on 2022-10-02;
We estimate the volatility of Chonk to become 6.46% tomorrow 2022-09-30 and 6.93% on 2022-10-02;
We estimate the trading volume of Chonk to amount to $13 116 tomorrow 2022-09-30 and $14 629 on 2022-10-02.
Our recommendation for the pair CHONK/USD for tomorrow, 2022-09-30, to buy.
The bears had a field day between September 18 and September 24 as Chonk got knocked down by 12%.
The analysis of last week’s price action shows that the Chonk market is in the bearish phase since the price has been moving downward. CHONK 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 September 17 to September 23 resulted in Chonk by 7%.
Chonk has been bearish last week as its price has been predominantly falling. CHONK has been going through a period of medium volatility, which fell in line with the occurred price changes. 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.
The bears had a field day between September 16 and September 22 as Chonk got knocked down by 14%.
Between September 16 - September 22, Chonk has been mostly bearish as its price has been in the falling mode. CHONK has been going through a period of medium volatility, which fell in line with the occurred price changes. 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.
Chonk analysis September 13 - September 19 : bears in all-out attack as the price collapses by 23%.
The price of Chonk was falling last from September 13 until September 19, giving enough reason to conclude that the market is bearish. The volatility associated with the CHONK market was medium, as were its price fluctuations. The asset saw its market capitalization falling over the reviewed period together with its price. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
A 13% drop on the Chonk market last week (September 12 - September 18) signals that the sellers are gaining strength.
The downward movement of the Chonk price last week indicates the chosen market is bearish. CHONK has been going through a period of medium volatility, which fell in line with the occurred price changes. The asset saw its market capitalization falling over the reviewed period together with its price. The price action of the crypto coin last week took place on the back of decreased trading volume.
Chonk analysis September 11 - September 17 : bears in all-out attack as the price collapses by 23%.
The downward movement of the Chonk price last week indicates the chosen market is bearish. The situation on the CHONK market shows that the underlying asset is currently experiencing a period 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.
Chonk analysis September 10 - September 16 : bears in all-out attack as the price collapses by 21%.
The price of Chonk was falling last from September 10 until September 16, giving enough reason to conclude that the market is bearish. The price swings of CHONK 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. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
The bears stepped up a gear on September 9 - September 15, dropping the price of Chonk by 6%.
The downward movement of the Chonk price last week indicates the chosen market is bearish. The situation on the CHONK market shows that the underlying asset is currently experiencing a period of medium volatility. 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.
Chonk slid down by 3% last week (September 8 - September 14) as the sellers pushed back.
The analysis of last week’s price action shows that the Chonk market is in the phase since the price has been moving downward. CHONK was caught in a period of medium 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 crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
Buyers kept pushing the Chonk market to the upside between September 6 and September 12 as the price increased by 9%.
The price of Chonk was rising last from September 6 until September 12, giving enough reason to conclude that the market is. CHONK was caught in a period of medium volatility, which was reflected in its price action. 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.