dYdX(dydx)market reviews and price predictions
dYdX market statement for 2023-03-16
Yesterday the price of dydx stood at $2.41. The market capitalization of the asset was $347 192 745. dYdX’s volatility was established at 3.88%. The trading volume of the coin reached $299 934 835.
dYdX prognosis for the next days:
We estimate the price of dYdX to be $2.17 tomorrow 2023-03-25 and $2.37 on 2023-03-31;
We estimate the market capitalization of dYdX to reach $310 715 167 tomorrow 2023-03-25 and $336 131 825 on 2023-03-27;
We estimate the volatility of dYdX to become 10.27% tomorrow 2023-03-25 and 10.44% on 2023-03-27;
We estimate the trading volume of dYdX to amount to $211 148 096 tomorrow 2023-03-25 and $234 196 382 on 2023-03-27.
Our recommendation for the pair DYDX/USD for tomorrow, 2023-03-25, to sell.
A 23% price appreciation seen on the dYdX market between March 10 and March 16.
The price of dYdX was rising last from March 10 until March 16, giving enough reason to conclude that the market is. The volatility of DYDX has been medium throughout the reviewed period in correspondence with the price action. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.
Market review from March 7 to March 13 : dYdX gets a 9% price appreciation.
dYdX has been last week as its price has been predominantly rising. The situation on the DYDX 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 falling. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
The market crumbled last week (February 28 - March 6) as dYdX lost 20%.
The analysis of last week’s price action shows that the dYdX market is in the phase since the price has been moving downward. The situation on the DYDX market shows that the underlying asset is currently experiencing a period of medium volatility. 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.
dYdX retraces by 5% in the period February 25 - March 3 as the market turns slightly bearish.
The downward movement of the dYdX price last week indicates the chosen market is. The volatility of DYDX 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 rising. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.
February 24 - March 2 market watch: dYdX goes up by 12% as buying pressure persists.
Between February 24 - March 2, dYdX has been mostly as its price has been in the rising mode. The volatility associated with the DYDX market was medium, as were its price fluctuations. The asset saw its market capitalization growing over the reviewed period together with its price. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.
February 23 - March 1 market watch: dYdX goes up by 20% as buying pressure persists.
Between February 23 - March 1, dYdX has been mostly bullish as its price has been in the rising mode. The volatility of DYDX has been low throughout the reviewed period in correspondence with the price action. There has been a rise in the market capitalization of the asset during the period under review. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
The bullish pressure subsides between February 9 and February 15 as dYdX gains only 1%.
dYdX has been last week as its price has been predominantly rising. DYDX has been going through a period of medium 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 past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
The market crumbled last week (February 6 - February 12) as dYdX lost 11%.
The behavior of dYdX last week was characterized by the occurrence of downswings. The price swings of DYDX pointed to the presence of medium volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
dYdX analysis February 3 - February 9 : bears in all-out attack as the price collapses by 11%.
The behavior of dYdX last week was characterized by the occurrence of downswings. The volatility associated with the DYDX market was medium, as were its price fluctuations. 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.
January 29 - February 4 market watch: dYdX goes up by 39% as buying pressure persists.
The analysis of last week’s price action shows that the dYdX market is in the bullish phase since the price has been moving upward. The volatility associated with the DYDX market was medium, as were its price fluctuations. 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.