Hiblocks(hibs)market reviews and price predictions
Hiblocks market statement for 2023-01-31
Yesterday the price of hibs stood at $0.0006. The market capitalization of the asset was $6 895 863. Hiblocks’s volatility was established at 1.68%. The trading volume of the coin reached $195 097.
Hiblocks prognosis for the next days:
We estimate the price of Hiblocks to be $0.0007 tomorrow 2023-02-05 and $0.0007 on 2023-02-11;
We estimate the market capitalization of Hiblocks to reach $7 308 180 tomorrow 2023-02-05 and $7 231 258 on 2023-02-07;
We estimate the volatility of Hiblocks to become 2.22% tomorrow 2023-02-05 and 1.56% on 2023-02-07;
We estimate the trading volume of Hiblocks to amount to $318 342 tomorrow 2023-02-05 and $249 620 on 2023-02-07.
Our recommendation for the pair HIBS/USD for tomorrow, 2023-02-05, to buy.
Bearish response: The Hiblocks price melts by 3% between January 25 and January 31.
The analysis of last week’s price action shows that the Hiblocks market is in the phase since the price has been moving downward. HIBS 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 price action of the crypto coin from last week stemmed from the decreasing trading volume.
The buyers controlled the Hiblocks market between January 17 and January 23 as the price grew by 8%.
Hiblocks has been bullish last week as its price has been predominantly rising. The volatility associated with the HIBS market was low, 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 last week took place on the back of increased trading volume.
Buyers weakened their grip on the Hiblocks market (January 13 - January 19) as the price rose only by 1%.
The price of Hiblocks was rising last from January 13 until January 19, giving enough reason to conclude that the market is bullish. The price swings of HIBS pointed to the presence of low volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The price action of the crypto coin from last week stemmed from the increasing trading volume.
Hiblocks showed a moderate 9% growth between January 11 and January 17.
The analysis of last week’s price action shows that the Hiblocks market is in the bullish phase since the price has been moving upward. The situation on the HIBS market shows that the underlying asset is currently experiencing a period of low volatility. There has been a rise in the market capitalization of the asset during the period under review. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.
A 7% price increase last week (January 10 - January 16) confirms the bullishness of Hiblocks.
The bullish behavior of Hiblocks last week was characterized by the occurrence of upswings. HIBS was caught in a period of low 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 price action of the crypto coin last week took place on the back of increased trading volume.
Hiblocks showed a moderate 6% growth between January 5 and January 11.
The analysis of last week’s price action shows that the Hiblocks market is in the phase since the price has been moving upward. The volatility associated with the HIBS market was medium, as were its price fluctuations. The price action on the coin's market translated to the growth of market capitalization. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
The torpid Hiblocks had its price rise only by 4% last week (December 31 - January 6).
Between December 31 - January 6, Hiblocks has been mostly as its price has been in the rising mode. HIBS has been going through a period of low volatility, which fell in line with the occurred price changes. The market capitalization of the asset has been decreasing in concert with the price of the coin. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
December 29 - January 4 price action recap: Hiblocks sees a weak 3% gain as the buyers take a step back.
The price of Hiblocks was rising last from December 29 until January 4, giving enough reason to conclude that the market is. The situation on the HIBS 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 rising. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.
Restrained price action on December 28 to January 3 as Hiblocks moves up by only 3%.
Between December 28 - January 3, Hiblocks has been mostly bearish as its price has been in the rising mode. The volatility associated with the HIBS market was medium, as were its price fluctuations. 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.
Bearish price action on December 26 to January 1 resulted in Hiblocks by 7%.
The price of Hiblocks was falling last from December 26 until January 1, giving enough reason to conclude that the market is bearish. The situation on the HIBS market shows that the underlying asset is currently experiencing a period of low volatility. The market capitalization of the asset has been decreasing in concert with the price of the coin. The price action of the crypto coin from last week stemmed from the decreasing trading volume.