Deri Protocol(deri)market reviews and price predictions
Deri Protocol market statement for 2023-03-30
Yesterday the price of deri stood at $0.03. The market capitalization of the asset was $3 973 649. Deri Protocol’s volatility was established at 1.25%. The trading volume of the coin reached $461 135.
Deri Protocol prognosis for the next days:
We estimate the price of Deri Protocol to be $0.04 tomorrow 2023-04-01 and $0.04 on 2023-04-07;
We estimate the market capitalization of Deri Protocol to reach $5 217 972 tomorrow 2023-04-01 and $5 066 027 on 2023-04-03;
We estimate the volatility of Deri Protocol to become 3.66% tomorrow 2023-04-01 and 8.27% on 2023-04-03;
We estimate the trading volume of Deri Protocol to amount to $63 670 tomorrow 2023-04-01 and $156 560 on 2023-04-03.
Our recommendation for the pair DERI/USD for tomorrow, 2023-04-01, to buy.
The market crumbled last week (March 24 - March 30) as Deri Protocol lost 26%.
The price of Deri Protocol was falling last from March 24 until March 30, giving enough reason to conclude that the market is bearish. The price swings of DERI pointed to the presence of high volatility. 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 bears had a field day between March 23 and March 29 as Deri Protocol got knocked down by 27%.
The downward movement of the Deri Protocol price last week indicates the chosen market is bearish. The volatility of DERI has been high throughout the reviewed period in correspondence with the price action. 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.
Last week’s (March 17 - March 23) irresolute Deri Protocol : the price moved up no more than 1%.
Between March 17 - March 23, Deri Protocol has been mostly bullish as its price has been in the rising mode. The volatility of DERI has been medium throughout the reviewed period in correspondence with the price action. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The price action of the crypto coin last week took place on the back of increased trading volume.
The bulls muster more strength as Deri Protocol rises by 17% from March 12 to March 18.
Between March 12 - March 18, Deri Protocol has been mostly bullish as its price has been in the rising mode. DERI 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 trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
The bleeding market: Deri Protocol loses 10% between March 6 and March 12 as the selling pressure grows.
The analysis of last week’s price action shows that the Deri Protocol market is in the phase since the price has been moving downward. The situation on the DERI market shows that the underlying asset is currently experiencing a period of medium volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
Restrained price action on March 3 to March 9 as Deri Protocol moves up by only 4%.
Deri Protocol has been bearish last week as its price has been predominantly rising. DERI was caught in a period of medium 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.
Deri Protocol market stayed flat from March 2 - March 8.
Deri Protocol portrayed neutral behavior last week, with no changes in the price. DERI was caught in a period of medium volatility, which was reflected in its price action. 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.
Deri Protocol lost 9% in the period March 1 - March 7 as a result of selling pressure.
The downward movement of the Deri Protocol price last week indicates the chosen market is. The volatility associated with the DERI market was medium, as were its price fluctuations. There has been a rise in the market capitalization of the asset during the period under review. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.
A 12% drop on the Deri Protocol market last week (February 19 - February 25) signals that the sellers are gaining strength.
The behavior of Deri Protocol last week was characterized by the occurrence of downswings. The volatility of DERI 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 crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
The February 19 - 25 market report: Deri Protocol plunges by 12% as sellers apply more pressure.
Deri Protocol has been last week as its price has been predominantly falling. The volatility associated with the DERI 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.