Electrify.Asia(elec)market reviews and price predictions
Electrify.Asia market statement for 2023-03-10
Yesterday the price of elec stood at $0.0008. The market capitalization of the asset was $413 247. Electrify.Asia’s volatility was established at 27.04%. The trading volume of the coin reached $175 644.
Electrify.Asia prognosis for the next days:
We estimate the price of Electrify.Asia to be $0.0008 tomorrow 2023-03-16 and $0.0008 on 2023-03-22;
We estimate the market capitalization of Electrify.Asia to reach $397 438 tomorrow 2023-03-16 and $411 454 on 2023-03-18;
We estimate the volatility of Electrify.Asia to become 14.63% tomorrow 2023-03-16 and 16.71% on 2023-03-18;
We estimate the trading volume of Electrify.Asia to amount to $65 512 tomorrow 2023-03-16 and $69 176 on 2023-03-18.
Our recommendation for the pair ELEC/USD for tomorrow, 2023-03-16, to sell.
The bears had a field day between March 4 and March 10 as Electrify.Asia got knocked down by 11%.
The downward movement of the Electrify.Asia price last week indicates the chosen market is. The volatility associated with the ELEC market was high, 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 from last week stemmed from the increasing trading volume.
The market crumbled last week (March 4 - March 10) as Electrify.Asia lost 11%.
Electrify.Asia has been last week as its price has been predominantly falling. ELEC 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 past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
The buyers controlled the Electrify.Asia market between March 2 and March 8 as the price grew by 10%.
The bullish behavior of Electrify.Asia last week was characterized by the occurrence of upswings. The situation on the ELEC market shows that the underlying asset is currently experiencing a period of high volatility. There has been a rise in the market capitalization of the asset during the period under review. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.
The buyers controlled the Electrify.Asia market between March 2 and March 8 as the price grew by 10%.
Electrify.Asia has been bullish last week as its price has been predominantly rising. The situation on the ELEC market shows that the underlying asset is currently experiencing a period of high 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.
Reservedly bullish : the price of Electrify.Asia grew by 7% in the period of March 1 - March 7.
The upward movement of the Electrify.Asia price last week indicates the chosen market is bullish. ELEC has been going through a period of high volatility, which fell in line with the occurred price changes. 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.
February 24 - March 2 market wrap: Electrify.Asia had a slight 3% drop.
The downward movement of the Electrify.Asia price last week indicates the chosen market is bearish. The price swings of ELEC pointed to the presence of low volatility. 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.
Down by 4% : The Electrify.Asia market saw some bearish action last week (February 18 - February 24).
Between February 18 - February 24, Electrify.Asia has been mostly as its price has been in the falling mode. The volatility of ELEC has been low 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 price action of the crypto coin last week took place on the back of decreased trading volume.
Buyers weakened their grip on the Electrify.Asia market (February 12 - February 18) as the price rose only by 4%.
The upward movement of the Electrify.Asia price last week indicates the chosen market is bullish. ELEC was caught in a period of medium volatility, which was reflected in its price action. 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.
Restrained price action on February 11 to February 17 as Electrify.Asia moves up by only 5%.
The price of Electrify.Asia was rising last from February 11 until February 17, giving enough reason to conclude that the market is bullish. The volatility associated with the ELEC market was medium, as were its price fluctuations. 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.
Down by 4% : The Electrify.Asia market saw some bearish action last week (February 9 - February 15).
The analysis of last week’s price action shows that the Electrify.Asia market is in the phase since the price has been moving downward. The volatility of ELEC has been low 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. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.