Elastos(ela)market reviews and price predictions
Elastos market statement for 2023-03-22
Yesterday the price of ela stood at $1.22. The market capitalization of the asset was $24 985 597. Elastos’s volatility was established at 5.17%. The trading volume of the coin reached $165 055.
Elastos prognosis for the next days:
We estimate the price of Elastos to be $1.08 tomorrow 2023-03-25 and $1.13 on 2023-03-31;
We estimate the market capitalization of Elastos to reach $23 766 493 tomorrow 2023-03-25 and $24 163 826 on 2023-03-27;
We estimate the volatility of Elastos to become 1.54% tomorrow 2023-03-25 and 2.13% on 2023-03-27;
We estimate the trading volume of Elastos to amount to $156 158 tomorrow 2023-03-25 and $156 281 on 2023-03-27.
Our recommendation for the pair ELA/USD for tomorrow, 2023-03-25, to sell.
Market analysis March 16 - March 22 : Elastos posts a 11% rally.
The upward movement of the Elastos price last week indicates the chosen market is. The price swings of ELA pointed to the presence of low volatility. The market capitalization of the asset has been increasing in concert with the price of the coin. The price action of the crypto coin last week took place on the back of increased trading volume.
Bearish response: The Elastos price melts by 3% between March 7 and March 13.
Elastos has been last week as its price has been predominantly falling. ELA 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 trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
The bears stepped up a gear on March 1 - March 7, dropping the price of Elastos by 8%.
The price of Elastos was falling last from March 1 until March 7, giving enough reason to conclude that the market is. The price swings of ELA pointed to the presence of medium volatility. The price action on the coin's market translated to the decline of market capitalization. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
Elastos lost 9% in the period February 28 - March 6 as a result of selling pressure.
Elastos has been last week as its price has been predominantly falling. The volatility associated with the ELA market was medium, as were its price fluctuations. 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.
Elastos lost 7% in the period February 27 - March 5 as a result of selling pressure.
Between February 27 - March 5, Elastos has been mostly as its price has been in the falling mode. The situation on the ELA 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 decline of market capitalization. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
Elastos analysis February 26 - March 4 : bears in all-out attack as the price collapses by 12%.
The behavior of Elastos last week was characterized by the occurrence of downswings. ELA has been going through a period of medium volatility, which fell in line with the occurred price changes. 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.
Red clouds gathered above the Elastos market last week (February 25 - March 3) as the price went down by 10%.
Elastos has been last week as its price has been predominantly falling. ELA has been going through a period of medium volatility, which fell in line with the occurred price changes. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. 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 Elastos market last week (February 24 - March 2) as the price went down by 8%.
The behavior of Elastos last week was characterized by the occurrence of downswings. ELA 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 past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
The capitulation of February 23 - March 1 : Elastos experienced a 12% dive.
The price of Elastos was falling last from February 23 until March 1, giving enough reason to conclude that the market is. The price swings of ELA 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.
Buyers weakened their grip on the Elastos market (February 21 - February 27) as the price rose only by 2%.
Elastos has been last week as its price has been predominantly rising. The volatility of ELA 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.