Hempcoin(thc)market reviews and price predictions
Hempcoin market statement for 2023-03-03
Yesterday the price of thc stood at $0.002. The market capitalization of the asset was $627 919. Hempcoin’s volatility was established at 4.49%. The trading volume of the coin reached $124.
Hempcoin prognosis for the next days:
We estimate the price of Hempcoin to be $0.002 tomorrow 2023-03-17 and $0.002 on 2023-03-23;
We estimate the market capitalization of Hempcoin to reach $632 185 tomorrow 2023-03-17 and $617 310 on 2023-03-19;
We estimate the volatility of Hempcoin to become 10.48% tomorrow 2023-03-17 and 8.28% on 2023-03-19;
We estimate the trading volume of Hempcoin to amount to $229 tomorrow 2023-03-17 and $170 on 2023-03-19.
Our recommendation for the pair THC/USD for tomorrow, 2023-03-17, to buy.
Hempcoin retraces by 3% in the period February 25 - March 3 as the market turns slightly bearish.
The analysis of last week’s price action shows that the Hempcoin market is in the phase since the price has been moving downward. The price swings of THC pointed to the presence of medium 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.
The capitulation of February 24 - March 2 : Hempcoin experienced a 12% dive.
Between February 24 - March 2, Hempcoin has been mostly bearish as its price has been in the falling mode. The volatility associated with the THC market was medium, as were its price fluctuations. 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.
Hempcoin analysis February 22 - February 28 : bears in all-out attack as the price collapses by 16%.
Hempcoin has been last week as its price has been predominantly falling. The price swings of THC pointed to the presence of medium volatility. 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 from last week stemmed from the decreasing trading volume.
February 20 - February 26 price action review: Hempcoin goes down by 7%.
Between February 20 - February 26, Hempcoin has been mostly bearish as its price has been in the falling mode. THC 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 price action of the crypto coin from last week stemmed from the decreasing trading volume.
The market crumbled last week (February 19 - February 25) as Hempcoin lost 31%.
Between February 19 - February 25, Hempcoin has been mostly as its price has been in the falling mode. The volatility associated with the THC market was medium, as were its price fluctuations. 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.
Market analysis February 16 - February 22 : Hempcoin posts a 14% rally.
Hempcoin has been bullish last week as its price has been predominantly rising. THC was caught in a period of high volatility, which was reflected in its price action. The asset saw its market capitalization growing over the reviewed period together with its price. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.
Market analysis February 12 - February 18 : Hempcoin posts a 41% rally.
Hempcoin has been bullish last week as its price has been predominantly rising. The volatility of THC has been high 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 price action of the crypto coin last week took place on the back of increased trading volume.
Hempcoin market stayed flat from February 11 - February 17.
Hempcoin portrayed neutral behavior last week, with no changes in the price. THC 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 past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
The capitulation of February 8 - February 14 : Hempcoin experienced a 13% dive.
The bearish behavior of Hempcoin last week was characterized by the occurrence of downswings. The price swings of THC pointed to the presence of high volatility. 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.
The bears had a field day between February 8 and February 14 as Hempcoin got knocked down by 13%.
The price of Hempcoin was falling last from February 8 until February 14, giving enough reason to conclude that the market is bearish. THC 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 decline of market capitalization. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.