DefHold(defo)market reviews and price predictions
DefHold market statement for 2023-05-28
Yesterday the price of defo stood at $30.53. The market capitalization of the asset was $231 873. DefHold’s volatility was established at 1.73%. The trading volume of the coin reached $20 996.
DefHold prognosis for the next days:
We estimate the price of DefHold to be $29.9 tomorrow 2023-06-01 and $30.46 on 2023-06-07;
We estimate the market capitalization of DefHold to reach $234 531 tomorrow 2023-06-01 and $233 173 on 2023-06-03;
We estimate the volatility of DefHold to become 1.78% tomorrow 2023-06-01 and 1.65% on 2023-06-03;
We estimate the trading volume of DefHold to amount to $21 255 tomorrow 2023-06-01 and $21 260 on 2023-06-03.
Our recommendation for the pair DEFO/USD for tomorrow, 2023-06-01, to buy.
DefHold sees limited 2% gains between May 22 and May 28 as the market cools down.
Between May 22 - May 28, DefHold has been mostly as its price has been in the rising mode. DEFO 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.
DefHold retraces by 1% in the period May 20 - May 26 as the market turns slightly bearish.
The analysis of last week’s price action shows that the DefHold market is in the bearish phase since the price has been moving downward. DEFO has been going through a period of medium volatility, which fell in line with the occurred price changes. The market capitalization of the asset has been decreasing in concert with the price of the coin. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
Bearish price action on May 19 to May 25 resulted in DefHold by 9%.
DefHold has been last week as its price has been predominantly falling. DEFO has been going through a period of medium volatility, which fell in line with the occurred price changes. 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.
Bearish price action on May 12 to May 18 resulted in DefHold by 8%.
The downward movement of the DefHold price last week indicates the chosen market is bearish. The price swings of DEFO pointed to the presence of medium volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The price action of the crypto coin from last week stemmed from the increasing trading volume.
May 12 - May 18 price action review: DefHold goes down by 8%.
The bearish behavior of DefHold last week was characterized by the occurrence of downswings. DEFO 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 price action of the crypto coin last week took place on the back of increased trading volume.
Down by 1% : The DefHold market saw some bearish action last week (May 8 - May 14).
DefHold has been bearish last week as its price has been predominantly falling. The price swings of DEFO pointed to the presence of medium volatility. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.
Bearish response: The DefHold price melts by 1% between May 8 and May 14.
DefHold has been bearish last week as its price has been predominantly falling. The volatility associated with the DEFO 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.
DefHold slid down by 1% last week (May 8 - May 14) as the sellers pushed back.
The price of DefHold was falling last from May 8 until May 14, giving enough reason to conclude that the market is bearish. The situation on the DEFO market shows that the underlying asset is currently experiencing a period of medium volatility. The asset saw its market capitalization growing over the reviewed period together with its price. The price action of the crypto coin last week took place on the back of increased trading volume.
DefHold slid down by 1% last week (May 8 - May 14) as the sellers pushed back.
The analysis of last week’s price action shows that the DefHold market is in the bearish phase since the price has been moving downward. The situation on the DEFO market shows that the underlying asset is currently experiencing a period of medium volatility. The asset saw its market capitalization growing over the reviewed period together with its price. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
DefHold retraces by 1% in the period May 8 - May 14 as the market turns slightly bearish.
The price of DefHold was falling last from May 8 until May 14, giving enough reason to conclude that the market is bearish. The volatility of DEFO has been medium 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 price action of the crypto coin last week took place on the back of increased trading volume.