ICON(icx)market reviews and price predictions
ICON market statement for 2023-03-16
Yesterday the price of icx stood at $0.21. The market capitalization of the asset was $194 672 643. ICON’s volatility was established at 1.23%. The trading volume of the coin reached $18 585 756.
ICON prognosis for the next days:
We estimate the price of ICON to be $0.21 tomorrow 2023-03-27 and $0.22 on 2023-04-02;
We estimate the market capitalization of ICON to reach $173 339 584 tomorrow 2023-03-27 and $184 583 169 on 2023-03-29;
We estimate the volatility of ICON to become 5.8% tomorrow 2023-03-27 and 5.38% on 2023-03-29;
We estimate the trading volume of ICON to amount to $9 129 255 tomorrow 2023-03-27 and $12 228 943 on 2023-03-29.
Our recommendation for the pair ICX/USD for tomorrow, 2023-03-27, to buy.
Market review from March 10 to March 16 : ICON gets a 10% price appreciation.
Between March 10 - March 16, ICON has been mostly as its price has been in the rising mode. The situation on the ICX market shows that the underlying asset is currently experiencing a period of medium volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
The market crumbled last week (March 2 - March 8) as ICON lost 18%.
The price of ICON was falling last from March 2 until March 8, giving enough reason to conclude that the market is bearish. The price swings of ICX pointed to the presence of medium volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. 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 February 26 - March 4, dropping the price of ICON by 10%.
Between February 26 - March 4, ICON has been mostly as its price has been in the falling mode. The volatility associated with the ICX 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 trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Bearish price action on February 25 to March 3 resulted in ICON by 9%.
The analysis of last week’s price action shows that the ICON market is in the phase since the price has been moving downward. The situation on the ICX market shows that the underlying asset is currently experiencing a period of medium volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
Reservedly bullish : the price of ICON grew by 9% in the period of February 23 - March 1.
The bullish behavior of ICON last week was characterized by the occurrence of upswings. ICX has been going through a period of low 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. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
The bulls muster more strength as ICON rises by 14% from February 15 to February 21.
The upward movement of the ICON price last week indicates the chosen market is bullish. The volatility of ICX has been medium 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 crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.
Market analysis February 12 - February 18 : ICON posts a 14% rally.
The analysis of last week’s price action shows that the ICON market is in the bullish phase since the price has been moving upward. ICX has been going through a period of medium volatility, which fell in line with the occurred price changes. The price action on the coin's market translated to the growth of market capitalization. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.
A 12% price appreciation seen on the ICON market between February 11 and February 17.
The bullish behavior of ICON last week was characterized by the occurrence of upswings. ICX was caught in a period of medium volatility, which was reflected in its price action. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.
ICON lost 10% in the period February 7 - February 13 as a result of selling pressure.
The downward movement of the ICON price last week indicates the chosen market is. The situation on the ICX market shows that the underlying asset is currently experiencing a period of medium volatility. There has been a fall in the market capitalization of the asset during the period under review. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
The bleeding market: ICON loses 8% between February 4 and February 10 as the selling pressure grows.
The analysis of last week’s price action shows that the ICON market is in the phase since the price has been moving downward. The situation on the ICX market shows that the underlying asset is currently experiencing a period of medium 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.