Golem(glm)market reviews and price predictions
Golem market statement for 2023-06-02
Yesterday the price of glm stood at $0.21. The market capitalization of the asset was $204 482 252. Golem’s volatility was established at 0.34%. The trading volume of the coin reached $1 467 263.
Golem prognosis for the next days:
We estimate the price of Golem to be $0.2 tomorrow 2023-06-04 and $0.21 on 2023-06-10;
We estimate the market capitalization of Golem to reach $209 863 024 tomorrow 2023-06-04 and $208 878 805 on 2023-06-06;
We estimate the volatility of Golem to become 0.69% tomorrow 2023-06-04 and 0.83% on 2023-06-06;
We estimate the trading volume of Golem to amount to $1 370 365 tomorrow 2023-06-04 and $1 485 267 on 2023-06-06.
Our recommendation for the pair GLM/USD for tomorrow, 2023-06-04, to buy.
May 27 - June 2 market wrap: Golem had a slight 1% drop.
The bearish behavior of Golem last week was characterized by the occurrence of downswings. The volatility of GLM 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 price action of the crypto coin from last week stemmed from the decreasing trading volume.
The torpid Golem had its price rise only by 2% last week (May 24 - May 30).
The analysis of last week’s price action shows that the Golem market is in the bearish phase since the price has been moving upward. GLM was caught in a period of low volatility, which was reflected in its price action. 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.
Bearish response: The Golem price melts by 2% between May 23 and May 29.
Golem has been bearish last week as its price has been predominantly falling. The volatility of GLM has been low throughout the reviewed period in correspondence with the price action. 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.
Slightly bearish : traders witnessed Golem moving down 4% from May 20 till May 26.
Between May 20 - May 26, Golem has been mostly bearish as its price has been in the falling mode. The volatility of GLM 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. 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 Golem by 6%.
The price of Golem was falling last from May 19 until May 25, giving enough reason to conclude that the market is bearish. The situation on the GLM market shows that the underlying asset is currently experiencing a period of low volatility. There has been a fall in the market capitalization of the asset during the period under review. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
Golem slid down by 1% last week (May 14 - May 20) as the sellers pushed back.
The price of Golem was falling last from May 14 until May 20, giving enough reason to conclude that the market is. The situation on the GLM market shows that the underlying asset is currently experiencing a period of low volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The price action of the crypto coin last week took place on the back of decreased trading volume.
Buyers weakened their grip on the Golem market (May 12 - May 18) as the price rose only by 3%.
The behavior of Golem last week was characterized by the occurrence of upswings. The volatility of GLM has been low throughout the reviewed period in correspondence with the price action. The market capitalization of the asset has been increasing in concert with the price of the coin. The price action of the crypto coin from last week stemmed from the increasing trading volume.
Down by 1% : The Golem market saw some bearish action last week (May 8 - May 14).
The analysis of last week’s price action shows that the Golem market is in the bearish phase since the price has been moving downward. The price swings of GLM pointed to the presence of low volatility. 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.
Red clouds gathered above the Golem market last week (May 7 - May 13) as the price went down by 7%.
The downward movement of the Golem price last week indicates the chosen market is bearish. GLM has been going through a period of low 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 falling. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
Slightly bearish : traders witnessed Golem moving down 4% from May 2 till May 8.
Between May 2 - May 8, Golem has been mostly bearish as its price has been in the falling mode. GLM has been going through a period of low 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.