Ignis(ignis)market reviews and price predictions
Ignis market statement for 2023-03-22
Yesterday the price of ignis stood at $0.007. The market capitalization of the asset was $5 420 772. Ignis’s volatility was established at 1.7%. The trading volume of the coin reached $40 597.
Ignis prognosis for the next days:
We estimate the price of Ignis to be $0.007 tomorrow 2023-03-25 and $0.007 on 2023-03-31;
We estimate the market capitalization of Ignis to reach $5 494 743 tomorrow 2023-03-25 and $5 526 442 on 2023-03-27;
We estimate the volatility of Ignis to become 2.99% tomorrow 2023-03-25 and 2.54% on 2023-03-27;
We estimate the trading volume of Ignis to amount to $68 126 tomorrow 2023-03-25 and $59 698 on 2023-03-27.
Our recommendation for the pair IGNIS/USD for tomorrow, 2023-03-25, to sell.
Bearish response: The Ignis price melts by 2% between March 16 and March 22.
The behavior of Ignis last week was characterized by the occurrence of downswings. The situation on the IGNIS market shows that the underlying asset is currently experiencing a period of low volatility. The asset saw its market capitalization growing over the reviewed period together with its price. The price action of the crypto coin from last week stemmed from the increasing trading volume.
Ignis market stayed flat from March 14 - March 20.
Ignis portrayed neutral behavior last week, with no changes in the price. The price swings of IGNIS pointed to the presence of low volatility. 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 16% price appreciation seen on the Ignis market between March 10 and March 16.
Between March 10 - March 16, Ignis has been mostly as its price has been in the rising mode. The volatility of IGNIS has been medium throughout the reviewed period in correspondence with the price action. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.
The bleeding market: Ignis loses 10% between March 6 and March 12 as the selling pressure grows.
Between March 6 - March 12, Ignis has been mostly bearish as its price has been in the falling mode. The situation on the IGNIS market shows that the underlying asset is currently experiencing a period 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 last week took place on the back of decreased trading volume.
The bears stepped up a gear on March 2 - March 8, dropping the price of Ignis by 10%.
The bearish behavior of Ignis last week was characterized by the occurrence of downswings. The volatility of IGNIS 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.
Ignis analysis March 1 - March 7 : bears in all-out attack as the price collapses by 11%.
Between March 1 - March 7, Ignis has been mostly bearish as its price has been in the falling mode. IGNIS 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.
The bleeding market: Ignis loses 8% between February 28 and March 6 as the selling pressure grows.
Between February 28 - March 6, Ignis has been mostly bearish as its price has been in the falling mode. IGNIS 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 crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
Bearish price action on February 27 to March 5 resulted in Ignis by 8%.
Between February 27 - March 5, Ignis has been mostly bearish as its price has been in the falling mode. IGNIS was caught in a period of low volatility, which was reflected in its price action. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
Ignis market stayed flat from February 18 - February 24.
Ignis portrayed neutral behavior last week, with no changes in the price. IGNIS was caught in a period of low volatility, which was reflected in its price action. 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.
The torpid Ignis had its price rise only by 1% last week (February 17 - February 23).
The upward movement of the Ignis price last week indicates the chosen market is bearish. The volatility of IGNIS has been low throughout the reviewed period in correspondence with the price action. The price action on the coin's market translated to the growth of market capitalization. The price action of the crypto coin from last week stemmed from the increasing trading volume.