Marinade(mnde)market reviews and price predictions
Marinade market statement for 2023-05-31
Yesterday the price of mnde stood at $0.03. The market capitalization of the asset was $6 047 539. Marinade’s volatility was established at 5.17%. The trading volume of the coin reached $59 509.
Marinade prognosis for the next days:
We estimate the price of Marinade to be $0.03 tomorrow 2023-06-04 and $0.03 on 2023-06-10;
We estimate the market capitalization of Marinade to reach $5 826 314 tomorrow 2023-06-04 and $5 952 502 on 2023-06-06;
We estimate the volatility of Marinade to become 2.52% tomorrow 2023-06-04 and 4.03% on 2023-06-06;
We estimate the trading volume of Marinade to amount to $69 447 tomorrow 2023-06-04 and $96 564 on 2023-06-06.
Our recommendation for the pair MNDE/USD for tomorrow, 2023-06-04, to sell.
Slightly bearish : traders witnessed Marinade moving down 2% from May 25 till May 31.
The price of Marinade was falling last from May 25 until May 31, giving enough reason to conclude that the market is bearish. The situation on the MNDE 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 last week took place on the back of increased trading volume.
May 24 - May 30 price action recap: Marinade sees a weak 4% gain as the buyers take a step back.
The price of Marinade was rising last from May 24 until May 30, giving enough reason to conclude that the market is. The price swings of MNDE pointed to the presence of medium volatility. 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.
Last week’s (May 23 - May 29) irresolute Marinade : the price moved up no more than 2%.
Between May 23 - May 29, Marinade has been mostly as its price has been in the rising mode. The volatility of MNDE has been medium throughout the reviewed period in correspondence with the price action. The asset saw its market capitalization growing over the reviewed period together with its price. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.
Bearish response: The Marinade price melts by 3% between May 18 and May 24.
The downward movement of the Marinade price last week indicates the chosen market is bearish. MNDE has been going through a period of low 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 falling. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
Marinade slid down by 1% last week (May 13 - May 19) as the sellers pushed back.
Between May 13 - May 19, Marinade has been mostly as its price has been in the falling mode. The volatility associated with the MNDE market was low, as were its price fluctuations. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.
Buyers weakened their grip on the Marinade market (May 12 - May 18) as the price rose only by 3%.
Between May 12 - May 18, Marinade has been mostly bearish as its price has been in the rising mode. MNDE has been going through a period of low volatility, which fell in line with the occurred price changes. 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.
Marinade slid down by 1% last week (May 11 - May 17) as the sellers pushed back.
The price of Marinade was falling last from May 11 until May 17, giving enough reason to conclude that the market is bearish. The volatility associated with the MNDE market was low, as were its price fluctuations. 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.
May 10 - May 16 price action recap: Marinade sees a weak 2% gain as the buyers take a step back.
The bearish behavior of Marinade last week was characterized by the occurrence of upswings. The volatility of MNDE has been low throughout the reviewed period in correspondence with the price action. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The price action of the crypto coin last week took place on the back of decreased trading volume.
May 8 - May 14 price action review: Marinade goes down by 8%.
Between May 8 - May 14, Marinade has been mostly bearish as its price has been in the falling mode. MNDE was caught in a period of medium volatility, which was reflected in its price action. There has been a fall in the market capitalization of the asset during the period under review. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
The bleeding market: Marinade loses 8% between May 8 and May 14 as the selling pressure grows.
The bearish behavior of Marinade last week was characterized by the occurrence of downswings. The volatility associated with the MNDE market was medium, as were its price fluctuations. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.