Convergence(conv)market reviews and price predictions
Convergence market statement for 2023-05-29
Yesterday the price of conv stood at $0.0007. The market capitalization of the asset was $1 413 008. Convergence’s volatility was established at 1.04%. The trading volume of the coin reached $215 352.
Convergence prognosis for the next days:
We estimate the price of Convergence to be $0.0007 tomorrow 2023-06-02 and $0.0007 on 2023-06-08;
We estimate the market capitalization of Convergence to reach $1 410 924 tomorrow 2023-06-02 and $1 404 753 on 2023-06-04;
We estimate the volatility of Convergence to become 3.01% tomorrow 2023-06-02 and 2.34% on 2023-06-04;
We estimate the trading volume of Convergence to amount to $315 130 tomorrow 2023-06-02 and $275 667 on 2023-06-04.
Our recommendation for the pair CONV/USD for tomorrow, 2023-06-02, to buy.
Bearish response: The Convergence price melts by 4% between May 23 and May 29.
The behavior of Convergence last week was characterized by the occurrence of downswings. The situation on the CONV market shows that the underlying asset is currently experiencing a period of medium volatility. There has been a rise in the market capitalization of the asset during the period under review. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
Convergence slid down by 3% last week (May 22 - May 28) as the sellers pushed back.
Between May 22 - May 28, Convergence has been mostly as its price has been in the falling mode. The volatility associated with the CONV 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 price action of the crypto coin from last week stemmed from the decreasing trading volume.
The May 19 - 25 market report: Convergence plunges by 16% as sellers apply more pressure.
The analysis of last week’s price action shows that the Convergence market is in the phase since the price has been moving downward. The situation on the CONV market shows that the underlying asset is currently experiencing a period of medium volatility. 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.
Convergence analysis May 19 - May 25 : bears in all-out attack as the price collapses by 16%.
The downward movement of the Convergence price last week indicates the chosen market is. The situation on the CONV market shows that the underlying asset is currently experiencing a period of medium volatility. The market capitalization of the asset has been decreasing in concert with the price of the coin. The price action of the crypto coin last week took place on the back of decreased trading volume.
Convergence analysis May 19 - May 25 : bears in all-out attack as the price collapses by 16%.
The analysis of last week’s price action shows that the Convergence market is in the phase since the price has been moving downward. The price swings of CONV pointed to the presence of medium volatility. 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.
A 16% drop on the Convergence market last week (May 19 - May 25) signals that the sellers are gaining strength.
Between May 19 - May 25, Convergence has been mostly as its price has been in the falling mode. The volatility of CONV has been medium throughout the reviewed period in correspondence with the 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.
Down by 4% : The Convergence market saw some bearish action last week (May 14 - May 20).
The downward movement of the Convergence price last week indicates the chosen market is. CONV was caught in a period of medium volatility, which was reflected in its price action. 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.
Convergence slid down by 4% last week (May 10 - May 16) as the sellers pushed back.
The bullish behavior of Convergence last week was characterized by the occurrence of downswings. CONV 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 growth of market capitalization. The price action of the crypto coin last week took place on the back of increased trading volume.
Market analysis May 9 - May 15 : Convergence posts a 13% rally.
The upward movement of the Convergence price last week indicates the chosen market is. The situation on the CONV 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.
Market analysis May 9 - May 15 : Convergence posts a 13% rally.
The price of Convergence was rising last from May 9 until May 15, giving enough reason to conclude that the market is. The situation on the CONV 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.