Idena(iDNA)market reviews and price predictions
Idena market statement for 2023-05-25
Yesterday the price of iDNA stood at $0.02. The market capitalization of the asset was $1 382 603. Idena’s volatility was established at 2.65%. The trading volume of the coin reached $57 140.
Idena prognosis for the next days:
We estimate the price of Idena to be $0.02 tomorrow 2023-06-06 and $0.02 on 2023-06-12;
We estimate the market capitalization of Idena to reach $1 444 689 tomorrow 2023-06-06 and $1 425 519 on 2023-06-08;
We estimate the volatility of Idena to become 1.44% tomorrow 2023-06-06 and 1.62% on 2023-06-08;
We estimate the trading volume of Idena to amount to $59 033 tomorrow 2023-06-06 and $57 682 on 2023-06-08.
Our recommendation for the pair IDNA/USD for tomorrow, 2023-06-06, to buy.
Red clouds gathered above the Idena market last week (May 19 - May 25) as the price went down by 6%.
Between May 19 - May 25, Idena has been mostly bearish as its price has been in the falling mode. The price swings of IDNA pointed to the presence of low 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.
Bearish price action on May 19 to May 25 resulted in Idena by 6%.
The price of Idena was falling last from May 19 until May 25, giving enough reason to conclude that the market is bearish. The price swings of IDNA 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 Idena market last week (May 19 - May 25) as the price went down by 6%.
The bearish behavior of Idena last week was characterized by the occurrence of downswings. IDNA 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 price action of the crypto coin from last week stemmed from the decreasing trading volume.
Idena retraces by 5% in the period May 11 - May 17 as the market turns slightly bearish.
The analysis of last week’s price action shows that the Idena market is in the phase since the price has been moving downward. IDNA 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.
May 11 - May 17 market wrap: Idena had a slight 5% drop.
The analysis of last week’s price action shows that the Idena market is in the phase since the price has been moving downward. IDNA was caught in a period of low volatility, which was reflected in its price action. The market capitalization of the asset has been decreasing in concert with the price of the coin. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
Red clouds gathered above the Idena market last week (May 10 - May 16) as the price went down by 7%.
The behavior of Idena last week was characterized by the occurrence of downswings. IDNA was caught in a period of low volatility, which was reflected in its price action. The market capitalization of the asset has been decreasing in concert with the price of the coin. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
May 8 - May 14 price action review: Idena goes down by 7%.
The analysis of last week’s price action shows that the Idena market is in the bearish phase since the price has been moving downward. The price swings of IDNA pointed to the presence of low volatility. 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.
May 8 - May 14 price action review: Idena goes down by 7%.
The bearish behavior of Idena last week was characterized by the occurrence of downswings. The volatility of IDNA has been low throughout the reviewed period in correspondence with the price action. 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.
Idena slid down by 4% last week (May 7 - May 13) as the sellers pushed back.
The analysis of last week’s price action shows that the Idena market is in the phase since the price has been moving downward. The price swings of IDNA pointed to the presence 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.
Down by 4% : The Idena market saw some bearish action last week (May 7 - May 13).
Idena has been last week as its price has been predominantly falling. IDNA was caught in a period of low volatility, which was reflected in its price action. 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.