MCDEX(mcb)market reviews and price predictions

MCDEX market statement for 2022-10-01

Yesterday the price of mcb stood at $3.42. The market capitalization of the asset was $16 464 593. MCDEX’s volatility was established at 0.87%. The trading volume of the coin reached $36 918.

MCDEX prognosis for the next days:

We estimate the price of MCDEX to be $3.11 tomorrow 2022-10-05 and $3.67 on 2022-10-11;

We estimate the market capitalization of MCDEX to reach $16 034 308 tomorrow 2022-10-05 and $16 275 944 on 2022-10-07;

We estimate the volatility of MCDEX to become 1.63% tomorrow 2022-10-05 and 1.26% on 2022-10-07;

We estimate the trading volume of MCDEX to amount to $32 292 tomorrow 2022-10-05 and $38 468 on 2022-10-07.

Our recommendation for the pair MCB/USD for tomorrow, 2022-10-05, to buy.

MCDEX(mcb)week price prediction
4%
Price
Volatility
Capitalization
Volume
Sep 04Sep 11Sep 18Sep 25Oct 02Oct 09Sep 04Sep 11Sep 18Sep 25Oct 02Oct 093.03.54.04.55.05.53.03.54.04.55.05.5
Today's review

September 25 - October 1 price action recap: MCDEX sees a weak 3% gain as the buyers take a step back.

The behavior of MCDEX last week was characterized by the occurrence of upswings. MCB has been going through a period of low 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 price action of the crypto coin last week took place on the back of increased trading volume.

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The capitulation of September 21 - September 27 : MCDEX experienced a 11% dive.

The downward movement of the MCDEX price last week indicates the chosen market is bearish. MCB 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 September 20 - 26 market report: MCDEX plunges by 12% as sellers apply more pressure.

The price of MCDEX was falling last from September 20 until September 26, giving enough reason to conclude that the market is bearish. The situation on the MCB 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. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.

The market crumbled last week (September 15 - September 21) as MCDEX lost 17%.

The analysis of last week’s price action shows that the MCDEX market is in the bearish phase since the price has been moving downward. The volatility of MCB 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.

The market crumbled last week (September 14 - September 20) as MCDEX lost 20%.

Between September 14 - September 20, MCDEX has been mostly bearish as its price has been in the falling mode. The volatility associated with the MCB 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 trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.

The capitulation of September 13 - September 19 : MCDEX experienced a 16% dive.

Between September 13 - September 19, MCDEX has been mostly bearish as its price has been in the falling mode. MCB was caught in a period of medium volatility, which was reflected in its price action. The market capitalization of the asset has been decreasing in concert with the price of the coin. The price action of the crypto coin last week took place on the back of decreased trading volume.

The bears stepped up a gear on September 8 - September 14, dropping the price of MCDEX by 7%.

The behavior of MCDEX last week was characterized by the occurrence of downswings. MCB 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 crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.

Bearish price action on September 6 to September 12 resulted in MCDEX by 7%.

Between September 6 - September 12, MCDEX has been mostly as its price has been in the falling mode. The price swings of MCB pointed to the presence of low volatility. There has been a fall in the market capitalization of the asset during the period under review. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.

September 3 - September 9 price action review: MCDEX goes down by 7%.

The downward movement of the MCDEX price last week indicates the chosen market is. The volatility of MCB has been low throughout the reviewed period in correspondence with the price action. There has been a fall in the market capitalization of the asset during the period under review. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.

The bears stepped up a gear on September 2 - September 8, dropping the price of MCDEX by 10%.

The analysis of last week’s price action shows that the MCDEX market is in the phase since the price has been moving downward. The volatility of MCB 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. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.

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