MCDEX(mcb)market reviews and price predictions
MCDEX market statement for 2023-03-24
Yesterday the price of mcb stood at $8.45. The market capitalization of the asset was $34 991 156. MCDEX’s volatility was established at 11.43%. The trading volume of the coin reached $117 049.
MCDEX prognosis for the next days:
We estimate the price of MCDEX to be $8.65 tomorrow 2023-03-27 and $8.11 on 2023-04-02;
We estimate the market capitalization of MCDEX to reach $34 897 538 tomorrow 2023-03-27 and $35 241 594 on 2023-03-29;
We estimate the volatility of MCDEX to become 5.65% tomorrow 2023-03-27 and 6.18% on 2023-03-29;
We estimate the trading volume of MCDEX to amount to $146 214 tomorrow 2023-03-27 and $160 764 on 2023-03-29.
Our recommendation for the pair MCB/USD for tomorrow, 2023-03-27, to sell.
The bleeding market: MCDEX loses 9% between March 18 and March 24 as the selling pressure grows.
The downward movement of the MCDEX price last week indicates the chosen market is. The situation on the MCB 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. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.
MCDEX market outlook from March 13 - March 19 :the price surges by 31%.
The price of MCDEX was rising last from March 13 until March 19, giving enough reason to conclude that the market is bullish. MCB 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 rising. The price action of the crypto coin from last week stemmed from the increasing trading volume.
A 15% price appreciation seen on the MCDEX market between March 7 and March 13.
The upward movement of the MCDEX price last week indicates the chosen market is. MCB has been going through a period of medium volatility, which fell in line with the occurred price changes. The market capitalization of the asset has been decreasing in concert with the price of the coin. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
The capitulation of March 4 - March 10 : MCDEX experienced a 20% dive.
MCDEX has been bearish last week as its price has been predominantly falling. The price swings of MCB pointed to the presence of medium volatility. The price action on the coin's market translated to the decline of market capitalization. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
The capitulation of March 3 - March 9 : MCDEX experienced a 13% dive.
The bearish behavior of MCDEX last week was characterized by the occurrence of downswings. The situation on the MCB 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 last week took place on the back of decreased trading volume.
MCDEX market stayed flat from February 28 - March 6.
MCDEX portrayed neutral behavior last week, with no changes in the price. The situation on the MCB market shows that the underlying asset is currently experiencing a period of medium volatility. 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.
MCDEX slid down by 3% last week (February 27 - March 5) as the sellers pushed back.
The bearish behavior of MCDEX last week was characterized by the occurrence of downswings. 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. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
Red clouds gathered above the MCDEX market last week (February 23 - March 1) as the price went down by 8%.
MCDEX has been last week as its price has been predominantly falling. The situation on the MCB market shows that the underlying asset is currently experiencing a period of medium volatility. The asset saw its market capitalization falling over the reviewed period together with its price. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Slightly bearish : traders witnessed MCDEX moving down 2% from February 15 till February 21.
Between February 15 - February 21, MCDEX has been mostly as its price has been in the falling mode. MCB 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.
The bulls muster more strength as MCDEX rises by 29% from February 10 to February 16.
MCDEX has been last week as its price has been predominantly rising. The price swings of MCB pointed to the presence 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 last week took place on the back of increased trading volume.