Colony(cly)market reviews and price predictions
Colony market statement for 2023-01-31
Yesterday the price of cly stood at $0.05. The market capitalization of the asset was $3 628 287. Colony’s volatility was established at 1.06%. The trading volume of the coin reached $42 658.
Colony prognosis for the next days:
We estimate the price of Colony to be $0.05 tomorrow 2023-02-04 and $0.04 on 2023-02-10;
We estimate the market capitalization of Colony to reach $3 176 983 tomorrow 2023-02-04 and $3 368 649 on 2023-02-06;
We estimate the volatility of Colony to become 3.38% tomorrow 2023-02-04 and 3.6% on 2023-02-06;
We estimate the trading volume of Colony to amount to $30 590 tomorrow 2023-02-04 and $46 588 on 2023-02-06.
Our recommendation for the pair CLY/USD for tomorrow, 2023-02-04, to sell.
Colony market outlook from January 25 - January 31 :the price surges by 17%.
The upward movement of the Colony price last week indicates the chosen market is bullish. The volatility of CLY has been medium 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.
Buyers weakened their grip on the Colony market (January 21 - January 27) as the price rose only by 1%.
The bullish behavior of Colony last week was characterized by the occurrence of upswings. The volatility of CLY has been low throughout the reviewed period in correspondence with the price action. There has been a fall in the market capitalization of the asset during the period under review. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
Market review from January 19 to January 25 : Colony gets a 6% price appreciation.
The analysis of last week’s price action shows that the Colony market is in the bullish phase since the price has been moving upward. The price swings of CLY pointed to the presence of low volatility. The price action on the coin's market translated to the growth of market capitalization. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
Market review from January 18 to January 24 : Colony gets a 9% price appreciation.
The price of Colony was rising last from January 18 until January 24, giving enough reason to conclude that the market is bullish. The price swings of CLY pointed to the presence of low volatility. 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.
The bullish pressure subsides between January 16 and January 22 as Colony gains only 5%.
Colony has been bullish last week as its price has been predominantly rising. The volatility of CLY 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 from last week stemmed from the decreasing trading volume.
January 15 - January 21 market wrap: Colony had a slight 1% drop.
The downward movement of the Colony price last week indicates the chosen market is. The price swings of CLY pointed to the presence of low 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.
Bearish response: The Colony price melts by 2% between January 14 and January 20.
Colony has been bullish last week as its price has been predominantly falling. The price swings of CLY pointed to the presence of medium volatility. There has been a rise in the market capitalization of the asset during the period under review. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
Market analysis January 10 - January 16 : Colony posts a 15% rally.
Between January 10 - January 16, Colony has been mostly bullish as its price has been in the rising mode. The situation on the CLY market shows that the underlying asset is currently experiencing a period of medium volatility. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.
Market review from January 7 to January 13 : Colony gets a 9% price appreciation.
The price of Colony was rising last from January 7 until January 13, giving enough reason to conclude that the market is. The volatility of CLY has been medium throughout the reviewed period in correspondence with the price action. The asset saw its market capitalization growing over the reviewed period together with its price. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
Restrained price action on January 2 to January 8 as Colony moves up by only 1%.
The behavior of Colony last week was characterized by the occurrence of upswings. CLY has been going through a period of medium volatility, which fell in line with the occurred price changes. 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.