Klaytn(klay)market reviews and price predictions
Klaytn market statement for 2023-02-03
Yesterday the price of klay stood at $0.21. The market capitalization of the asset was $636 522 894. Klaytn’s volatility was established at 3.38%. The trading volume of the coin reached $53 235 091.
Klaytn prognosis for the next days:
We estimate the price of Klaytn to be $0.22 tomorrow 2023-02-07 and $0.21 on 2023-02-13;
We estimate the market capitalization of Klaytn to reach $665 462 423 tomorrow 2023-02-07 and $653 834 842 on 2023-02-09;
We estimate the volatility of Klaytn to become 1.78% tomorrow 2023-02-07 and 3.06% on 2023-02-09;
We estimate the trading volume of Klaytn to amount to $31 860 371 tomorrow 2023-02-07 and $41 086 539 on 2023-02-09.
Our recommendation for the pair KLAY/USD for tomorrow, 2023-02-07, to hold.
Slightly bearish : traders witnessed Klaytn moving down 3% from January 28 till February 3.
The downward movement of the Klaytn price last week indicates the chosen market is. The price swings of KLAY pointed to the presence 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 from last week stemmed from the decreasing trading volume.
Klaytn slid down by 2% last week (January 27 - February 2) as the sellers pushed back.
The bullish behavior of Klaytn last week was characterized by the occurrence of downswings. KLAY 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.
Klaytn sees limited 2% gains between January 25 and January 31 as the market cools down.
The analysis of last week’s price action shows that the Klaytn market is in the phase since the price has been moving upward. The volatility associated with the KLAY market was medium, as were its price fluctuations. The asset saw its market capitalization growing over the reviewed period together with its price. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
Buyers kept pushing the Klaytn market to the upside between January 20 and January 26 as the price increased by 9%.
Between January 20 - January 26, Klaytn has been mostly bullish as its price has been in the rising mode. The price swings of KLAY pointed to the presence of low volatility. The market capitalization of the asset has been increasing in concert with the price of the coin. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.
January 16 - January 22 market watch: Klaytn goes up by 12% as buying pressure persists.
The upward movement of the Klaytn price last week indicates the chosen market is bullish. The situation on the KLAY market shows that the underlying asset is currently experiencing a period of low volatility. 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.
Reservedly bullish : the price of Klaytn grew by 6% in the period of January 10 - January 16.
Between January 10 - January 16, Klaytn has been mostly bullish as its price has been in the rising mode. The situation on the KLAY market shows that the underlying asset is currently experiencing a period of low volatility. 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.
January 6 - January 12 market watch: Klaytn goes up by 14% as buying pressure persists.
The upward movement of the Klaytn price last week indicates the chosen market is bullish. The volatility of KLAY has been medium throughout the reviewed period in correspondence with the price action. The market capitalization of the asset has been increasing in concert with the price of the coin. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.
A 8% price increase last week (January 5 - January 11) confirms the bullishness of Klaytn.
The analysis of last week’s price action shows that the Klaytn market is in the phase since the price has been moving upward. The situation on the KLAY 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.
A 11% price appreciation seen on the Klaytn market between January 4 and January 10.
Between January 4 - January 10, Klaytn has been mostly as its price has been in the rising mode. The situation on the KLAY market shows that the underlying asset is currently experiencing a period of medium volatility. There has been a rise in the market capitalization of the asset during the period under review. The price action of the crypto coin from last week stemmed from the increasing trading volume.
Klaytn showed a moderate 6% growth between January 1 and January 7.
The analysis of last week’s price action shows that the Klaytn market is in the phase since the price has been moving upward. KLAY was caught in a period of low volatility, which was reflected in its price action. 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.