Digital Rand(dzar)market reviews and price predictions
Digital Rand market statement for 2023-05-25
Yesterday the price of dzar stood at $0.06. The market capitalization of the asset was 0. Digital Rand’s volatility was established at 1.88%. The trading volume of the coin reached $355 435.
Digital Rand prognosis for the next days:
We estimate the price of Digital Rand to be $0.06 tomorrow 2023-06-01 and $0.06 on 2023-06-07;
We estimate the market capitalization of Digital Rand to reach 0 tomorrow 2023-06-01 and 0 on 2023-06-03;
We estimate the volatility of Digital Rand to become 4.47% tomorrow 2023-06-01 and 3% on 2023-06-03;
We estimate the trading volume of Digital Rand to amount to $347 348 tomorrow 2023-06-01 and $348 168 on 2023-06-03.
Our recommendation for the pair DZAR/USD for tomorrow, 2023-06-01, to buy.
Slightly bearish : traders witnessed Digital Rand moving down 3% from May 19 till May 25.
Between May 19 - May 25, Digital Rand has been mostly as its price has been in the falling mode. DZAR 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.
The torpid Digital Rand had its price rise only by 2% last week (May 18 - May 24).
The price of Digital Rand was rising last from May 18 until May 24, giving enough reason to conclude that the market is bearish. The situation on the DZAR market shows that the underlying asset is currently experiencing a period of medium volatility. 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.
Last week’s (May 18 - May 24) irresolute Digital Rand : the price moved up no more than 2%.
The bearish behavior of Digital Rand last week was characterized by the occurrence of upswings. The volatility associated with the DZAR market was medium, as were its price fluctuations. 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.
The bullish pressure subsides between May 18 and May 24 as Digital Rand gains only 2%.
The bearish behavior of Digital Rand last week was characterized by the occurrence of upswings. DZAR 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.
Digital Rand slid down by 2% last week (May 17 - May 23) as the sellers pushed back.
The analysis of last week’s price action shows that the Digital Rand market is in the bearish phase since the price has been moving downward. DZAR 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.
May 17 - May 23 market wrap: Digital Rand had a slight 2% drop.
The analysis of last week’s price action shows that the Digital Rand market is in the bearish phase since the price has been moving downward. The volatility of DZAR has been medium throughout the reviewed period in correspondence with the 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.
May 9 - May 15 market wrap: Digital Rand had a slight 4% drop.
The analysis of last week’s price action shows that the Digital Rand market is in the phase since the price has been moving downward. The volatility of DZAR has been medium throughout the reviewed period in correspondence with the 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.
Red clouds gathered above the Digital Rand market last week (May 8 - May 14) as the price went down by 7%.
The bearish behavior of Digital Rand last week was characterized by the occurrence of downswings. The price swings of DZAR pointed to the presence of medium volatility. 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.
The bears stepped up a gear on May 8 - May 14, dropping the price of Digital Rand by 7%.
The bearish behavior of Digital Rand last week was characterized by the occurrence of downswings. DZAR 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.
Red clouds gathered above the Digital Rand market last week (May 8 - May 14) as the price went down by 7%.
Digital Rand has been bearish last week as its price has been predominantly falling. The situation on the DZAR market shows that the underlying asset is currently experiencing a period of medium volatility. 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.