DecentraWeb(dweb)market reviews and price predictions
DecentraWeb market statement for 2023-05-28
Yesterday the price of dweb stood at $0.08. The market capitalization of the asset was $1 096 870. DecentraWeb’s volatility was established at 1.61%. The trading volume of the coin reached $1 017.
DecentraWeb prognosis for the next days:
We estimate the price of DecentraWeb to be $0.08 tomorrow 2023-05-31 and $0.08 on 2023-06-06;
We estimate the market capitalization of DecentraWeb to reach $1 111 144 tomorrow 2023-05-31 and $1 102 070 on 2023-06-02;
We estimate the volatility of DecentraWeb to become 2% tomorrow 2023-05-31 and 1.34% on 2023-06-02;
We estimate the trading volume of DecentraWeb to amount to $2 381 tomorrow 2023-05-31 and $2 025 on 2023-06-02.
Our recommendation for the pair DWEB/USD for tomorrow, 2023-05-31, to hold.
The torpid DecentraWeb had its price rise only by 3% last week (May 22 - May 28).
The analysis of last week’s price action shows that the DecentraWeb market is in the phase since the price has been moving upward. The volatility of DWEB has been low throughout the reviewed period in correspondence with the price action. 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.
DecentraWeb market stayed flat from May 21 - May 27.
DecentraWeb portrayed neutral behavior last week, with no changes in the price. DWEB 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 decline of market capitalization. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
Bearish response: The DecentraWeb price melts by 5% between May 20 and May 26.
The downward movement of the DecentraWeb price last week indicates the chosen market is. DWEB was caught in a period of low volatility, which was reflected in its 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.
Bearish response: The DecentraWeb price melts by 5% between May 20 and May 26.
The analysis of last week’s price action shows that the DecentraWeb market is in the phase since the price has been moving downward. The price swings of DWEB pointed to the presence of low volatility. 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.
Bearish response: The DecentraWeb price melts by 5% between May 20 and May 26.
The behavior of DecentraWeb last week was characterized by the occurrence of downswings. The volatility associated with the DWEB market was low, 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 past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
DecentraWeb slid down by 3% last week (May 19 - May 25) as the sellers pushed back.
Between May 19 - May 25, DecentraWeb has been mostly as its price has been in the falling mode. DWEB has been going through a period of medium volatility, which fell in line with the occurred price changes. 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.
DecentraWeb market stayed flat from May 12 - May 18.
DecentraWeb portrayed neutral behavior last week, with no changes in the price. DWEB was caught in a period of medium 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.
DecentraWeb market outlook from May 11 - May 17 :the price surges by 12%.
The analysis of last week’s price action shows that the DecentraWeb market is in the phase since the price has been moving upward. The price swings of DWEB pointed to the presence of medium volatility. The asset saw its market capitalization growing over the reviewed period together with its price. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
Market analysis May 11 - May 17 : DecentraWeb posts a 12% rally.
The price of DecentraWeb was rising last from May 11 until May 17, giving enough reason to conclude that the market is. The volatility associated with the DWEB 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.
Reservedly bullish : the price of DecentraWeb grew by 10% in the period of May 10 - May 16.
DecentraWeb has been last week as its price has been predominantly rising. DWEB has been going through a period of medium 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 rising. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.