Drep [new](drep)market reviews and price predictions
Drep [new] market statement for 2023-06-02
Yesterday the price of drep stood at $0.36. The market capitalization of the asset was $17 039 057. Drep [new]’s volatility was established at 1.49%. The trading volume of the coin reached $3 488 930.
Drep [new] prognosis for the next days:
We estimate the price of Drep [new] to be $0.36 tomorrow 2023-06-05 and $0.35 on 2023-06-11;
We estimate the market capitalization of Drep [new] to reach $18 013 951 tomorrow 2023-06-05 and $17 608 322 on 2023-06-07;
We estimate the volatility of Drep [new] to become 3.77% tomorrow 2023-06-05 and 2.42% on 2023-06-07;
We estimate the trading volume of Drep [new] to amount to $14 839 092 tomorrow 2023-06-05 and $9 376 679 on 2023-06-07.
Our recommendation for the pair DREP/USD for tomorrow, 2023-06-05, to hold.
May 27 - June 2 price action recap: Drep [new] sees a weak 2% gain as the buyers take a step back.
The analysis of last week’s price action shows that the Drep [new] market is in the phase since the price has been moving upward. DREP 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.
The capitulation of May 21 - May 27 : Drep [new] experienced a 12% dive.
The behavior of Drep [new] last week was characterized by the occurrence of downswings. The situation on the DREP market shows that the underlying asset is currently experiencing a period of medium volatility. 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.
Market review from May 20 to May 26 : Drep [new] gets a 10% price appreciation.
The analysis of last week’s price action shows that the Drep [new] market is in the phase since the price has been moving upward. The volatility associated with the DREP market was medium, as were its price fluctuations. 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.
The bleeding market: Drep [new] loses 8% between May 19 and May 25 as the selling pressure grows.
The analysis of last week’s price action shows that the Drep [new] market is in the phase since the price has been moving downward. The volatility of DREP has been medium throughout the reviewed period in correspondence with the 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.
The bears stepped up a gear on May 19 - May 25, dropping the price of Drep [new] by 8%.
The downward movement of the Drep [new] price last week indicates the chosen market is. DREP 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 falling. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
Red clouds gathered above the Drep [new] market last week (May 18 - May 24) as the price went down by 10%.
The price of Drep [new] was falling last from May 18 until May 24, giving enough reason to conclude that the market is. The price swings of DREP pointed to the presence of medium volatility. 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.
The bulls muster more strength as Drep [new] rises by 49% from May 15 to May 21.
Between May 15 - May 21, Drep [new] has been mostly as its price has been in the rising mode. DREP was caught in a period of high volatility, which was reflected in its price action. The market capitalization of the asset has been increasing in concert with the price of the coin. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.
Market analysis May 12 - May 18 : Drep [new] posts a 45% rally.
Between May 12 - May 18, Drep [new] has been mostly as its price has been in the rising mode. The situation on the DREP market shows that the underlying asset is currently experiencing a period of high volatility. The asset saw its market capitalization growing over the reviewed period together with its price. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
Drep [new] market outlook from May 12 - May 18 :the price surges by 45%.
The upward movement of the Drep [new] price last week indicates the chosen market is. The situation on the DREP market shows that the underlying asset is currently experiencing a period of high volatility. The market capitalization of the asset has been increasing in concert with the price of the coin. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
A 55% price appreciation seen on the Drep [new] market between May 11 and May 17.
The analysis of last week’s price action shows that the Drep [new] market is in the phase since the price has been moving upward. The volatility of DREP has been high throughout the reviewed period in correspondence with the price action. The asset saw its market capitalization growing over the reviewed period together with its price. The price action of the crypto coin from last week stemmed from the increasing trading volume.