Diamond(dmd)market reviews and price predictions
Diamond market statement for 2023-05-29
Yesterday the price of dmd stood at $3.57. The market capitalization of the asset was $13 534 014. Diamond’s volatility was established at 0.56%. The trading volume of the coin reached $8 039.
Diamond prognosis for the next days:
We estimate the price of Diamond to be $3.44 tomorrow 2023-06-02 and $3.55 on 2023-06-08;
We estimate the market capitalization of Diamond to reach $12 939 958 tomorrow 2023-06-02 and $13 039 180 on 2023-06-04;
We estimate the volatility of Diamond to become 1.29% tomorrow 2023-06-02 and 1.27% on 2023-06-04;
We estimate the trading volume of Diamond to amount to $9 532 tomorrow 2023-06-02 and $8 742 on 2023-06-04.
Our recommendation for the pair DMD/USD for tomorrow, 2023-06-02, to hold.
Last week’s (May 23 - May 29) irresolute Diamond : the price moved up no more than 2%.
The upward movement of the Diamond price last week indicates the chosen market is. The price swings of DMD pointed to the presence of low volatility. There has been a rise in the market capitalization of the asset during the period under review. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.
The bullish pressure subsides between May 23 and May 29 as Diamond gains only 2%.
Between May 23 - May 29, Diamond has been mostly as its price has been in the rising mode. The price swings of DMD pointed to the presence of low volatility. There has been a rise in the market capitalization of the asset during the period under review. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
Diamond sees limited 2% gains between May 23 and May 29 as the market cools down.
Diamond has been last week as its price has been predominantly rising. DMD has been going through a period of low volatility, which fell in line with the occurred price changes. The price action on the coin's market translated to the growth of market capitalization. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
May 18 - May 24 price action review: Diamond goes down by 6%.
The downward movement of the Diamond price last week indicates the chosen market is bearish. DMD was caught in a period of low volatility, which was reflected in its price action. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
Red clouds gathered above the Diamond market last week (May 15 - May 21) as the price went down by 7%.
The analysis of last week’s price action shows that the Diamond market is in the bearish phase since the price has been moving downward. The volatility associated with the DMD market was low, as were its price fluctuations. 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.
May 14 - May 20 market wrap: Diamond had a slight 2% drop.
Diamond has been bearish last week as its price has been predominantly falling. The situation on the DMD market shows that the underlying asset is currently experiencing a period of low volatility. The price action on the coin's market translated to the decline of market capitalization. The price action of the crypto coin last week took place on the back of decreased trading volume.
Slightly bearish : traders witnessed Diamond moving down 2% from May 12 till May 18.
The price of Diamond was falling last from May 12 until May 18, giving enough reason to conclude that the market is bearish. The situation on the DMD market shows that the underlying asset is currently experiencing a period of low volatility. There has been a fall in the market capitalization of the asset during the period under review. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
Down by 2% : The Diamond market saw some bearish action last week (May 11 - May 17).
Diamond has been bearish last week as its price has been predominantly falling. The situation on the DMD market shows that the underlying asset is currently experiencing a period of low volatility. There has been a fall in the market capitalization of the asset during the period under review. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
Slightly bearish : traders witnessed Diamond moving down 2% from May 9 till May 15.
The price of Diamond was falling last from May 9 until May 15, giving enough reason to conclude that the market is. The price swings of DMD pointed to the presence of low volatility. 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.
May 2 - May 8 market wrap: Diamond had a slight 5% drop.
The price of Diamond was falling last from May 2 until May 8, giving enough reason to conclude that the market is bearish. DMD has been going through a period of low volatility, which fell in line with the occurred price changes. 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.