Iridium(ird)market reviews and price predictions
Iridium market statement for 2023-06-02
Yesterday the price of ird stood at $0.01. The market capitalization of the asset was $292 822. Iridium’s volatility was established at 0.23%. The trading volume of the coin reached $88.86.
Iridium prognosis for the next days:
We estimate the price of Iridium to be $0.01 tomorrow 2023-06-04 and $0.01 on 2023-06-10;
We estimate the market capitalization of Iridium to reach $277 275 tomorrow 2023-06-04 and $274 102 on 2023-06-06;
We estimate the volatility of Iridium to become 11.35% tomorrow 2023-06-04 and 9.66% on 2023-06-06;
We estimate the trading volume of Iridium to amount to $66.41 tomorrow 2023-06-04 and $57.48 on 2023-06-06.
Our recommendation for the pair IRD/USD for tomorrow, 2023-06-04, to sell.
Buyers weakened their grip on the Iridium market (May 27 - June 2) as the price rose only by 4%.
The price of Iridium was rising last from May 27 until June 2, giving enough reason to conclude that the market is. The price swings of IRD pointed to the presence of medium volatility. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
The bullish pressure subsides between May 27 and June 2 as Iridium gains only 4%.
Iridium has been last week as its price has been predominantly rising. IRD has been going through a period of medium volatility, which fell in line with the occurred price changes. 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.
Iridium market outlook from May 26 - June 1 :the price surges by 18%.
The upward movement of the Iridium price last week indicates the chosen market is. IRD was caught in a period of medium volatility, which was reflected in its price action. The market capitalization of the asset has been increasing in concert with the price of the coin. The price action of the crypto coin last week took place on the back of increased trading volume.
Red clouds gathered above the Iridium market last week (May 25 - May 31) as the price went down by 8%.
The price of Iridium was falling last from May 25 until May 31, giving enough reason to conclude that the market is bearish. The volatility of IRD has been medium throughout the reviewed period in correspondence with the price action. The price action on the coin's market translated to the decline of market capitalization. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
Iridium slid down by 4% last week (May 20 - May 26) as the sellers pushed back.
The analysis of last week’s price action shows that the Iridium market is in the phase since the price has been moving downward. The situation on the IRD market shows that the underlying asset is currently experiencing a period of high 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.
May 19 - May 25 price action recap: Iridium sees a weak 3% gain as the buyers take a step back.
The analysis of last week’s price action shows that the Iridium market is in the bearish phase since the price has been moving upward. The situation on the IRD market shows that the underlying asset is currently experiencing a period of high 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.
May 14 - May 20 market watch: Iridium goes up by 22% as buying pressure persists.
Between May 14 - May 20, Iridium has been mostly as its price has been in the rising mode. IRD was caught in a period of high volatility, which was reflected in its price action. No rise or fall was observed in the market capitalization of the coin during the period under review. No growth or loss has been observed in trading volume on the crypto coin's market.
Down by 3% : The Iridium market saw some bearish action last week (May 13 - May 19).
The bearish behavior of Iridium last week was characterized by the occurrence of downswings. IRD 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 past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
Slightly bearish : traders witnessed Iridium moving down 3% from May 13 till May 19.
Between May 13 - May 19, Iridium has been mostly bearish as its price has been in the falling mode. IRD has been going through a period of medium volatility, which fell in line with the occurred price changes. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. The price action of the crypto coin from last week stemmed from the increasing trading volume.
The bulls muster more strength as Iridium rises by 16% from May 12 to May 18.
Between May 12 - May 18, Iridium has been mostly as its price has been in the rising mode. IRD was caught in a period of medium 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 past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.