CoFiX(cofi)market reviews and price predictions
CoFiX market statement for 2023-01-25
Yesterday the price of cofi stood at $0.05. The market capitalization of the asset was $706 432. CoFiX’s volatility was established at 2.54%. The trading volume of the coin reached $12 216.
CoFiX prognosis for the next days:
We estimate the price of CoFiX to be $0.05 tomorrow 2023-01-27 and $0.05 on 2023-02-02;
We estimate the market capitalization of CoFiX to reach $670 051 tomorrow 2023-01-27 and $683 998 on 2023-01-29;
We estimate the volatility of CoFiX to become 15.02% tomorrow 2023-01-27 and 7.68% on 2023-01-29;
We estimate the trading volume of CoFiX to amount to $12 736 tomorrow 2023-01-27 and $12 492 on 2023-01-29.
Our recommendation for the pair COFI/USD for tomorrow, 2023-01-27, to sell.
CoFiX retraces by 2% in the period January 19 - January 25 as the market turns slightly bearish.
The analysis of last week’s price action shows that the CoFiX market is in the bullish phase since the price has been moving downward. The situation on the COFI market shows that the underlying asset is currently experiencing a period of high volatility. The asset saw its market capitalization growing over the reviewed period together with its price. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
The bulls muster more strength as CoFiX rises by 19% from January 18 to January 24.
The price of CoFiX was rising last from January 18 until January 24, giving enough reason to conclude that the market is bullish. The price swings of COFI pointed to the presence of high 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.
CoFiX market outlook from January 17 - January 23 :the price surges by 18%.
The analysis of last week’s price action shows that the CoFiX market is in the bullish phase since the price has been moving upward. The price swings of COFI pointed to the presence of high 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.
Market analysis January 16 - January 22 : CoFiX posts a 19% rally.
The analysis of last week’s price action shows that the CoFiX market is in the bullish phase since the price has been moving upward. COFI was caught in a period of high volatility, which was reflected in its price action. 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.
January 15 - January 21 market watch: CoFiX goes up by 12% as buying pressure persists.
The price of CoFiX was rising last from January 15 until January 21, giving enough reason to conclude that the market is bullish. COFI has been going through a period of high volatility, which fell in line with the occurred price changes. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The price action of the crypto coin last week took place on the back of increased trading volume.
CoFiX market outlook from January 15 - January 21 :the price surges by 12%.
The upward movement of the CoFiX price last week indicates the chosen market is bullish. COFI has been going through a period of high volatility, which fell in line with the occurred price changes. The price action on the coin's market translated to the growth of market capitalization. The price action of the crypto coin from last week stemmed from the increasing trading volume.
The bullish pressure subsides between January 8 and January 14 as CoFiX gains only 1%.
The price of CoFiX was rising last from January 8 until January 14, giving enough reason to conclude that the market is. COFI has been going through a period of medium 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.
Down by 3% : The CoFiX market saw some bearish action last week (January 4 - January 10).
The bearish behavior of CoFiX last week was characterized by the occurrence of downswings. The volatility associated with the COFI market was low, as were its price fluctuations. 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.
CoFiX retraces by 2% in the period December 30 - January 5 as the market turns slightly bearish.
The behavior of CoFiX last week was characterized by the occurrence of downswings. COFI 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 crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
Down by 2% : The CoFiX market saw some bearish action last week (December 27 - January 2).
The behavior of CoFiX last week was characterized by the occurrence of downswings. COFI was caught in a period of low volatility, which was reflected in its price action. The price action on the coin's market translated to the decline of market capitalization. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.