Magic(magic)market reviews and price predictions

Magic market statement for 2023-03-23

Yesterday the price of magic stood at $1.61. The market capitalization of the asset was $379 784 054. Magic’s volatility was established at 13.44%. The trading volume of the coin reached $269 092 570.

Magic prognosis for the next days:

We estimate the price of Magic to be $1.56 tomorrow 2023-03-29 and $1.55 on 2023-04-04;

We estimate the market capitalization of Magic to reach $343 076 023 tomorrow 2023-03-29 and $367 553 992 on 2023-03-31;

We estimate the volatility of Magic to become 9.71% tomorrow 2023-03-29 and 10.25% on 2023-03-31;

We estimate the trading volume of Magic to amount to $268 774 078 tomorrow 2023-03-29 and $275 199 455 on 2023-03-31.

Our recommendation for the pair MAGIC/USD for tomorrow, 2023-03-29, to sell.

Magic(magic)week price prediction
14%
Price
Volatility
Capitalization
Volume
Feb 26Mar 05Mar 12Mar 19Mar 26Feb 26Mar 05Mar 12Mar 19Mar 261.01.21.41.61.82.01.01.21.41.61.82.0
Today's review

Magic showed a moderate 7% growth between March 17 and March 23.

The analysis of last week’s price action shows that the Magic market is in the phase since the price has been moving upward. MAGIC has been going through a period of medium 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 rising. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.

Latest reviews

Magic exploded by 48% in the period of March 11 - March 17 as the buyers got an upper hand.

The upward movement of the Magic price last week indicates the chosen market is. MAGIC 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 price action of the crypto coin last week took place on the back of increased trading volume.

The capitulation of March 5 - March 11 : Magic experienced a 22% dive.

Magic has been bearish last week as its price has been predominantly falling. The volatility associated with the MAGIC market was medium, as were its price fluctuations. The asset saw its market capitalization falling over the reviewed period together with its price. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.

The capitulation of March 2 - March 8 : Magic experienced a 16% dive.

The analysis of last week’s price action shows that the Magic market is in the bearish phase since the price has been moving downward. MAGIC was caught in a period of medium volatility, which was reflected in its price action. 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.

The bears stepped up a gear on February 24 - March 2, dropping the price of Magic by 8%.

The price of Magic was falling last from February 24 until March 2, giving enough reason to conclude that the market is bearish. The price swings of MAGIC pointed to the presence of medium volatility. 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.

The bears had a field day between February 22 and February 28 as Magic got knocked down by 12%.

The price of Magic was falling last from February 22 until February 28, giving enough reason to conclude that the market is. MAGIC was caught in a period of medium 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.

The bears stepped up a gear on February 20 - February 26, dropping the price of Magic by 6%.

Between February 20 - February 26, Magic has been mostly as its price has been in the falling mode. The volatility associated with the MAGIC market was medium, as were its price fluctuations. The asset saw its market capitalization falling over the reviewed period together with its price. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.

The market crumbled last week (February 19 - February 25) as Magic lost 17%.

The analysis of last week’s price action shows that the Magic market is in the phase since the price has been moving downward. The volatility associated with the MAGIC market was medium, as were its price fluctuations. 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.

Bearish price action on February 17 to February 23 resulted in Magic by 9%.

Between February 17 - February 23, Magic has been mostly as its price has been in the falling mode. The situation on the MAGIC 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 past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.

Magic exploded by 25% in the period of February 12 - February 18 as the buyers got an upper hand.

Between February 12 - February 18, Magic has been mostly bullish as its price has been in the rising mode. The situation on the MAGIC market shows that the underlying asset is currently experiencing a period of high volatility. 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.

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