Effect Network(efx)market reviews and price predictions
Effect Network market statement for 2023-02-01
Yesterday the price of efx stood at $0.01. The market capitalization of the asset was $2 633 011. Effect Network’s volatility was established at 10.98%. The trading volume of the coin reached $123 270.
Effect Network prognosis for the next days:
We estimate the price of Effect Network to be $0.01 tomorrow 2023-02-05 and $0.01 on 2023-02-11;
We estimate the market capitalization of Effect Network to reach $2 601 047 tomorrow 2023-02-05 and $2 666 386 on 2023-02-07;
We estimate the volatility of Effect Network to become 17.03% tomorrow 2023-02-05 and 13.34% on 2023-02-07;
We estimate the trading volume of Effect Network to amount to $189 523 tomorrow 2023-02-05 and $178 466 on 2023-02-07.
Our recommendation for the pair EFX/USD for tomorrow, 2023-02-05, to sell.
Effect Network retraces by 4% in the period January 26 - February 1 as the market turns slightly bearish.
The analysis of last week’s price action shows that the Effect Network market is in the bullish phase since the price has been moving downward. EFX has been going through a period of high 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. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.
The bulls muster more strength as Effect Network rises by 32% from January 25 to January 31.
Effect Network has been bullish last week as its price has been predominantly rising. EFX has been going through a period of high volatility, which fell in line with the occurred price changes. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
January 24 - January 30 market watch: Effect Network goes up by 16% as buying pressure persists.
Effect Network has been bullish last week as its price has been predominantly rising. EFX has been going through a period of high 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 from last week stemmed from the increasing trading volume.
The buyers controlled the Effect Network market between January 17 and January 23 as the price grew by 6%.
The price of Effect Network was rising last from January 17 until January 23, giving enough reason to conclude that the market is bullish. EFX 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. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
The buyers controlled the Effect Network market between January 17 and January 23 as the price grew by 6%.
Between January 17 - January 23, Effect Network has been mostly bullish as its price has been in the rising mode. The volatility of EFX 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. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
The bleeding market: Effect Network loses 8% between January 16 and January 22 as the selling pressure grows.
The price of Effect Network was falling last from January 16 until January 22, giving enough reason to conclude that the market is. The volatility of EFX 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 crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
Red clouds gathered above the Effect Network market last week (January 15 - January 21) as the price went down by 10%.
The price of Effect Network was falling last from January 15 until January 21, giving enough reason to conclude that the market is. The volatility associated with the EFX 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 January 11 and January 17 as Effect Network gains only 2%.
The upward movement of the Effect Network price last week indicates the chosen market is. The volatility of EFX has been high 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.
The bleeding market: Effect Network loses 10% between January 10 and January 16 as the selling pressure grows.
Between January 10 - January 16, Effect Network has been mostly bullish as its price has been in the falling mode. EFX was caught in a period of high volatility, which was reflected in its 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.
January 6 - January 12 market watch: Effect Network goes up by 45% as buying pressure persists.
The upward movement of the Effect Network price last week indicates the chosen market is bullish. EFX was caught in a period of high volatility, which was reflected in its price action. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. The price action of the crypto coin last week took place on the back of increased trading volume.