Cover Protocol(cover)market reviews and price predictions

Cover Protocol market statement for 2022-11-23

Yesterday the price of cover stood at $13.98. The market capitalization of the asset was $1 076 676. Cover Protocol’s volatility was established at 6.55%. The trading volume of the coin reached $199 882.

Cover Protocol prognosis for the next days:

We estimate the price of Cover Protocol to be $13.75 tomorrow 2022-11-29 and $15.33 on 2022-12-05;

We estimate the market capitalization of Cover Protocol to reach $1 186 624 tomorrow 2022-11-29 and $1 148 204 on 2022-12-01;

We estimate the volatility of Cover Protocol to become 2.39% tomorrow 2022-11-29 and 3.45% on 2022-12-01;

We estimate the trading volume of Cover Protocol to amount to $304 828 tomorrow 2022-11-29 and $254 713 on 2022-12-01.

Our recommendation for the pair COVER/USD for tomorrow, 2022-11-29, to buy.

Cover Protocol(cover)week price prediction
12%
Price
Volatility
Capitalization
Volume
Oct 30Nov 06Nov 13Nov 20Nov 27Oct 30Nov 06Nov 13Nov 20Nov 271416182014161820
Today's review

Slightly bearish : traders witnessed Cover Protocol moving down 3% from November 17 till November 23.

The bearish behavior of Cover Protocol last week was characterized by the occurrence of downswings. The volatility of COVER has been medium 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.

Latest reviews

The market crumbled last week (November 16 - November 22) as Cover Protocol lost 11%.

The bearish behavior of Cover Protocol last week was characterized by the occurrence of downswings. COVER was caught in a period of low volatility, which was reflected in its price action. The market capitalization of the asset has been decreasing in concert with the price of the coin. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.

The market crumbled last week (November 16 - November 22) as Cover Protocol lost 11%.

The bearish behavior of Cover Protocol last week was characterized by the occurrence of downswings. The volatility of COVER 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 trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.

The bears stepped up a gear on November 15 - November 21, dropping the price of Cover Protocol by 8%.

The price of Cover Protocol was falling last from November 15 until November 21, giving enough reason to conclude that the market is bearish. The situation on the COVER 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.

The bears had a field day between November 13 and November 19 as Cover Protocol got knocked down by 11%.

The price of Cover Protocol was falling last from November 13 until November 19, giving enough reason to conclude that the market is bearish. COVER was caught in a period of medium volatility, which was reflected in its price action. 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.

The bears had a field day between November 12 and November 18 as Cover Protocol got knocked down by 11%.

The price of Cover Protocol was falling last from November 12 until November 18, giving enough reason to conclude that the market is bearish. COVER was caught in a period of medium 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. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.

A 14% drop on the Cover Protocol market last week (November 11 - November 17) signals that the sellers are gaining strength.

The downward movement of the Cover Protocol price last week indicates the chosen market is bearish. The volatility associated with the COVER market was medium, as were its price fluctuations. 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.

The bears had a field day between November 8 and November 14 as Cover Protocol got knocked down by 22%.

Cover Protocol has been bearish last week as its price has been predominantly falling. The price swings of COVER pointed to the presence of medium 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 market crumbled last week (November 7 - November 13) as Cover Protocol lost 15%.

Cover Protocol has been bearish last week as its price has been predominantly falling. The volatility associated with the COVER market was medium, as were its price fluctuations. 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.

The market crumbled last week (November 6 - November 12) as Cover Protocol lost 16%.

The analysis of last week’s price action shows that the Cover Protocol market is in the bearish phase since the price has been moving downward. The situation on the COVER 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 trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.

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