DigitalBits(xdb)market reviews and price predictions
DigitalBits market statement for 2023-01-30
Yesterday the price of xdb stood at $0.003. The market capitalization of the asset was $8 914 309. DigitalBits’s volatility was established at 1.29%. The trading volume of the coin reached $1 340 921.
DigitalBits prognosis for the next days:
We estimate the price of DigitalBits to be $0.003 tomorrow 2023-02-05 and $0.003 on 2023-02-11;
We estimate the market capitalization of DigitalBits to reach $9 437 112 tomorrow 2023-02-05 and $9 151 491 on 2023-02-07;
We estimate the volatility of DigitalBits to become 3.21% tomorrow 2023-02-05 and 2.76% on 2023-02-07;
We estimate the trading volume of DigitalBits to amount to $3 127 786 tomorrow 2023-02-05 and $2 216 629 on 2023-02-07.
Our recommendation for the pair XDB/USD for tomorrow, 2023-02-05, to hold.
The bears stepped up a gear on January 24 - January 30, dropping the price of DigitalBits by 8%.
The analysis of last week’s price action shows that the DigitalBits market is in the phase since the price has been moving downward. XDB has been going through a period of low volatility, which fell in line with the occurred price changes. 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.
DigitalBits market outlook from January 10 - January 16 :the price surges by 13%.
DigitalBits has been last week as its price has been predominantly rising. XDB was caught in a period of medium volatility, which was reflected in its price action. The price action on the coin's market translated to the growth of market capitalization. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.
The torpid DigitalBits had its price rise only by 4% last week (January 8 - January 14).
DigitalBits has been last week as its price has been predominantly rising. The situation on the XDB market shows that the underlying asset is currently experiencing a period of low 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.
Reservedly bullish : the price of DigitalBits grew by 7% in the period of January 1 - January 7.
The analysis of last week’s price action shows that the DigitalBits market is in the phase since the price has been moving upward. XDB has been going through a period of medium 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 price action of the crypto coin last week took place on the back of increased trading volume.
DigitalBits market stayed flat from December 31 - January 6.
DigitalBits portrayed neutral behavior last week, with no changes in the price. The volatility associated with the XDB 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.
DigitalBits slid down by 2% last week (December 29 - January 4) as the sellers pushed back.
The analysis of last week’s price action shows that the DigitalBits market is in the bearish phase since the price has been moving downward. The volatility of XDB has been medium throughout the reviewed period in correspondence with the price action. 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.
Down by 2% : The DigitalBits market saw some bearish action last week (December 28 - January 3).
The bearish behavior of DigitalBits last week was characterized by the occurrence of downswings. XDB was caught in a period of medium volatility, which was reflected in its price action. 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 December 26 - January 1 market report: DigitalBits plunges by 18% as sellers apply more pressure.
DigitalBits has been bearish last week as its price has been predominantly falling. XDB 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 price action of the crypto coin from last week stemmed from the decreasing trading volume.
DigitalBits analysis December 25 - December 31 : bears in all-out attack as the price collapses by 19%.
The price of DigitalBits was falling last from December 25 until December 31, giving enough reason to conclude that the market is bearish. XDB 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 decreased market capitalization of the said digital asset. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
DigitalBits analysis December 24 - December 30 : bears in all-out attack as the price collapses by 19%.
DigitalBits has been bearish last week as its price has been predominantly falling. The volatility of XDB 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 falling. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.