DerivaDAO(ddx)market reviews and price predictions
DerivaDAO market statement for 2023-05-28
Yesterday the price of ddx stood at $0.3. The market capitalization of the asset was $8 310 417. DerivaDAO’s volatility was established at 0.49%. The trading volume of the coin reached $18 043.
DerivaDAO prognosis for the next days:
We estimate the price of DerivaDAO to be $0.31 tomorrow 2023-06-03 and $0.32 on 2023-06-09;
We estimate the market capitalization of DerivaDAO to reach $8 409 777 tomorrow 2023-06-03 and $8 312 435 on 2023-06-05;
We estimate the volatility of DerivaDAO to become 2.54% tomorrow 2023-06-03 and 1.78% on 2023-06-05;
We estimate the trading volume of DerivaDAO to amount to $34 464 tomorrow 2023-06-03 and $27 180 on 2023-06-05.
Our recommendation for the pair DDX/USD for tomorrow, 2023-06-03, to buy.
DerivaDAO lost 8% in the period May 22 - May 28 as a result of selling pressure.
The bearish behavior of DerivaDAO last week was characterized by the occurrence of downswings. The volatility associated with the DDX 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 trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Red clouds gathered above the DerivaDAO market last week (May 19 - May 25) as the price went down by 10%.
The price of DerivaDAO was falling last from May 19 until May 25, giving enough reason to conclude that the market is bearish. The situation on the DDX market shows that the underlying asset is currently experiencing a period of medium volatility. There has been a fall in the market capitalization of the asset during the period under review. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
The capitulation of May 18 - May 24 : DerivaDAO experienced a 14% dive.
The price of DerivaDAO was falling last from May 18 until May 24, giving enough reason to conclude that the market is bearish. The volatility associated with the DDX market was low, as were its price fluctuations. 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.
May 14 - May 20 price action recap: DerivaDAO sees a weak 2% gain as the buyers take a step back.
Between May 14 - May 20, DerivaDAO has been mostly as its price has been in the rising mode. The situation on the DDX 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 rising. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
Market analysis May 12 - May 18 : DerivaDAO posts a 17% rally.
The analysis of last week’s price action shows that the DerivaDAO market is in the phase since the price has been moving upward. DDX 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 increasing in concert with the price of the coin. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.
A 7% price increase last week (May 11 - May 17) confirms the bullishness of DerivaDAO.
The analysis of last week’s price action shows that the DerivaDAO market is in the phase since the price has been moving upward. DDX 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 rising. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.
Reservedly bullish : the price of DerivaDAO grew by 7% in the period of May 11 - May 17.
The upward movement of the DerivaDAO price last week indicates the chosen market is. The volatility associated with the DDX market was medium, as were its price fluctuations. The price action on the coin's market translated to the growth of market capitalization. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.
DerivaDAO sees limited 3% gains between May 10 and May 16 as the market cools down.
The price of DerivaDAO was rising last from May 10 until May 16, giving enough reason to conclude that the market is. The price swings of DDX 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. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
May 3 - May 9 market wrap: DerivaDAO had a slight 2% drop.
The downward movement of the DerivaDAO price last week indicates the chosen market is bearish. The price swings of DDX pointed to the presence of medium volatility. The asset saw its market capitalization falling over the reviewed period together with its price. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
Bearish response: The DerivaDAO price melts by 2% between May 3 and May 9.
The price of DerivaDAO was falling last from May 3 until May 9, giving enough reason to conclude that the market is bearish. DDX 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. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.