Convex Finance(cvx)market reviews and price predictions

Convex Finance market statement for 2022-10-05

Yesterday the price of cvx stood at $5.59. The market capitalization of the asset was $373 580 220. Convex Finance’s volatility was established at 4.09%. The trading volume of the coin reached $13 773 217.

Convex Finance prognosis for the next days:

We estimate the price of Convex Finance to be $4.85 tomorrow 2022-10-08 and $4.92 on 2022-10-14;

We estimate the market capitalization of Convex Finance to reach $335 238 982 tomorrow 2022-10-08 and $341 700 172 on 2022-10-10;

We estimate the volatility of Convex Finance to become 2.06% tomorrow 2022-10-08 and 3.76% on 2022-10-10;

We estimate the trading volume of Convex Finance to amount to $4 180 339 tomorrow 2022-10-08 and $5 715 207 on 2022-10-10.

Our recommendation for the pair CVX/USD for tomorrow, 2022-10-08, to sell.

Convex Finance(cvx)week price prediction
7%
Price
Volatility
Capitalization
Volume
Sep 11Sep 18Sep 25Oct 02Oct 09Sep 11Sep 18Sep 25Oct 02Oct 094.64.85.05.25.45.64.64.85.05.25.45.6
Today's review

Market analysis September 29 - October 5 : Convex Finance posts a 14% rally.

The price of Convex Finance was rising last from September 29 until October 5, giving enough reason to conclude that the market is bullish. The volatility associated with the CVX market was medium, as were its price fluctuations. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.

Latest reviews

Convex Finance market stayed flat from September 27 - October 3.

Convex Finance portrayed neutral behavior last week, with no changes in the price. The price swings of CVX pointed to the presence of low volatility. The market capitalization of the asset has been decreasing in concert with the price of the coin. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.

Last week’s (September 24 - September 30) irresolute Convex Finance : the price moved up no more than 4%.

Between September 24 - September 30, Convex Finance has been mostly as its price has been in the rising mode. The situation on the CVX 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 growth of market capitalization. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.

Last week’s (September 23 - September 29) irresolute Convex Finance : the price moved up no more than 5%.

The behavior of Convex Finance last week was characterized by the occurrence of upswings. CVX was caught in a period of low volatility, which was reflected in its price action. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.

September 22 - September 28 price action recap: Convex Finance sees a weak 4% gain as the buyers take a step back.

The price of Convex Finance was rising last from September 22 until September 28, giving enough reason to conclude that the market is. CVX was caught in a period of low volatility, which was reflected in its price action. 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.

Convex Finance market stayed flat from September 20 - September 26.

Convex Finance portrayed neutral behavior last week, with no changes in the price. CVX has been going through a period of low 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. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.

The torpid Convex Finance had its price rise only by 5% last week (September 18 - September 24).

The behavior of Convex Finance last week was characterized by the occurrence of upswings. The volatility of CVX has been low throughout the reviewed period in correspondence with the 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.

Slightly bearish : traders witnessed Convex Finance moving down 3% from September 17 till September 23.

The downward movement of the Convex Finance price last week indicates the chosen market is bearish. CVX was caught in a period of low 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.

Bearish response: The Convex Finance price melts by 1% between September 16 and September 22.

The analysis of last week’s price action shows that the Convex Finance market is in the bearish phase since the price has been moving downward. The situation on the CVX 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. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.

The bleeding market: Convex Finance loses 8% between September 13 and September 19 as the selling pressure grows.

Between September 13 - September 19, Convex Finance has been mostly bearish as its price has been in the falling mode. The price swings of CVX pointed to the presence of low volatility. 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.

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