Kommunitas(kom)market reviews and price predictions
Kommunitas market statement for 2023-06-01
Yesterday the price of kom stood at $0.0008. The market capitalization of the asset was $1 127 296. Kommunitas’s volatility was established at 3.21%. The trading volume of the coin reached $726 324.
Kommunitas prognosis for the next days:
We estimate the price of Kommunitas to be $0.0008 tomorrow 2023-06-03 and $0.0009 on 2023-06-09;
We estimate the market capitalization of Kommunitas to reach $1 194 204 tomorrow 2023-06-03 and $1 176 119 on 2023-06-05;
We estimate the volatility of Kommunitas to become 2.78% tomorrow 2023-06-03 and 2.52% on 2023-06-05;
We estimate the trading volume of Kommunitas to amount to $642 275 tomorrow 2023-06-03 and $666 805 on 2023-06-05.
Our recommendation for the pair KOM/USD for tomorrow, 2023-06-03, to buy.
The market crumbled last week (May 26 - June 1) as Kommunitas lost 11%.
Kommunitas has been bearish last week as its price has been predominantly falling. The volatility of KOM has been medium throughout the reviewed period in correspondence with the price action. The asset saw its market capitalization falling over the reviewed period together with its price. The price action of the crypto coin last week took place on the back of decreased trading volume.
May 25 - May 31 market wrap: Kommunitas had a slight 2% drop.
The price of Kommunitas was falling last from May 25 until May 31, giving enough reason to conclude that the market is. The situation on the KOM 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 price action of the crypto coin from last week stemmed from the increasing trading volume.
Buyers weakened their grip on the Kommunitas market (May 24 - May 30) as the price rose only by 3%.
The bearish behavior of Kommunitas last week was characterized by the occurrence of upswings. The situation on the KOM 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 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 bears stepped up a gear on May 19 - May 25, dropping the price of Kommunitas by 8%.
Between May 19 - May 25, Kommunitas has been mostly bearish as its price has been in the falling mode. KOM was caught in a period of medium volatility, which was reflected in its price action. The asset saw its market capitalization falling over the reviewed period together with its price. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
May 18 - May 24 price action review: Kommunitas goes down by 9%.
Kommunitas has been bearish last week as its price has been predominantly falling. The volatility associated with the KOM 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 price action of the crypto coin last week took place on the back of decreased trading volume.
The bleeding market: Kommunitas loses 7% between May 17 and May 23 as the selling pressure grows.
The bearish behavior of Kommunitas last week was characterized by the occurrence of downswings. The situation on the KOM 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.
May 14 - May 20 price action recap: Kommunitas sees a weak 4% gain as the buyers take a step back.
The analysis of last week’s price action shows that the Kommunitas market is in the bearish phase since the price has been moving upward. KOM 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 price action of the crypto coin from last week stemmed from the decreasing trading volume.
The torpid Kommunitas had its price rise only by 1% last week (May 11 - May 17).
The bearish behavior of Kommunitas last week was characterized by the occurrence of upswings. The volatility associated with the KOM market was low, as were its price fluctuations. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
May 11 - May 17 price action recap: Kommunitas sees a weak 1% gain as the buyers take a step back.
The analysis of last week’s price action shows that the Kommunitas market is in the bearish phase since the price has been moving upward. KOM has been going through a period of low volatility, which fell in line with the occurred price changes. 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.
Bearish response: The Kommunitas price melts by 3% between May 10 and May 16.
Kommunitas has been bearish last week as its price has been predominantly falling. The situation on the KOM 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 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.