Cosmic Universe Magic Token(magic)market reviews and price predictions
Cosmic Universe Magic Token market statement for 2023-05-29
Yesterday the price of magic stood at $0.004. The market capitalization of the asset was $196 801. Cosmic Universe Magic Token’s volatility was established at 1.77%. The trading volume of the coin reached $2 000.
Cosmic Universe Magic Token prognosis for the next days:
We estimate the price of Cosmic Universe Magic Token to be $0.004 tomorrow 2023-05-31 and $0.004 on 2023-06-06;
We estimate the market capitalization of Cosmic Universe Magic Token to reach $204 339 tomorrow 2023-05-31 and $199 150 on 2023-06-02;
We estimate the volatility of Cosmic Universe Magic Token to become 2% tomorrow 2023-05-31 and 1.62% on 2023-06-02;
We estimate the trading volume of Cosmic Universe Magic Token to amount to $404 tomorrow 2023-05-31 and $702 on 2023-06-02.
Our recommendation for the pair MAGIC/USD for tomorrow, 2023-05-31, to buy.
The bleeding market: Cosmic Universe Magic Token loses 8% between May 23 and May 29 as the selling pressure grows.
Cosmic Universe Magic Token has been bearish last week as its price has been predominantly falling. MAGIC was caught in a period of low volatility, which was reflected in its price action. There has been a fall in the market capitalization of the asset during the period under review. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
The bears stepped up a gear on May 22 - May 28, dropping the price of Cosmic Universe Magic Token by 7%.
The analysis of last week’s price action shows that the Cosmic Universe Magic Token market is in the bearish phase since the price has been moving downward. The volatility of MAGIC 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. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
Bearish price action on May 20 to May 26 resulted in Cosmic Universe Magic Token by 9%.
The bearish behavior of Cosmic Universe Magic Token last week was characterized by the occurrence of downswings. The volatility associated with the MAGIC market was low, as were its price fluctuations. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The price action of the crypto coin last week took place on the back of decreased trading volume.
May 20 - May 26 price action review: Cosmic Universe Magic Token goes down by 9%.
The downward movement of the Cosmic Universe Magic Token price last week indicates the chosen market is bearish. The situation on the MAGIC market shows that the underlying asset is currently experiencing a period of low volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
A 11% drop on the Cosmic Universe Magic Token market last week (May 19 - May 25) signals that the sellers are gaining strength.
The bearish behavior of Cosmic Universe Magic Token last week was characterized by the occurrence of downswings. The situation on the MAGIC market shows that the underlying asset is currently experiencing a period of low volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
The bears had a field day between May 19 and May 25 as Cosmic Universe Magic Token got knocked down by 11%.
Cosmic Universe Magic Token has been bearish last week as its price has been predominantly falling. The situation on the MAGIC 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 decline of market capitalization. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
Bearish price action on May 14 to May 20 resulted in Cosmic Universe Magic Token by 7%.
The analysis of last week’s price action shows that the Cosmic Universe Magic Token market is in the phase since the price has been moving downward. The price swings of MAGIC pointed to the presence of low volatility. The asset saw its market capitalization falling over the reviewed period together with its price. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Cosmic Universe Magic Token lost 6% in the period May 10 - May 16 as a result of selling pressure.
The analysis of last week’s price action shows that the Cosmic Universe Magic Token market is in the phase since the price has been moving downward. MAGIC has been going through a period of low 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 falling. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
Slightly bearish : traders witnessed Cosmic Universe Magic Token moving down 5% from May 8 till May 14.
Between May 8 - May 14, Cosmic Universe Magic Token has been mostly as its price has been in the falling mode. The volatility associated with the MAGIC market was low, as were its price fluctuations. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The price action of the crypto coin last week took place on the back of decreased trading volume.
May 8 - May 14 market wrap: Cosmic Universe Magic Token had a slight 5% drop.
Between May 8 - May 14, Cosmic Universe Magic Token has been mostly as its price has been in the falling mode. MAGIC 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 price action of the crypto coin last week took place on the back of decreased trading volume.