Media Network(media)market reviews and price predictions
Media Network market statement for 2023-05-27
Yesterday the price of media stood at $8.74. The market capitalization of the asset was $2 165 094. Media Network’s volatility was established at 0.92%. The trading volume of the coin reached $19 481.
Media Network prognosis for the next days:
We estimate the price of Media Network to be $8.51 tomorrow 2023-06-06 and $8.81 on 2023-06-12;
We estimate the market capitalization of Media Network to reach $2 256 571 tomorrow 2023-06-06 and $2 211 023 on 2023-06-08;
We estimate the volatility of Media Network to become 1.58% tomorrow 2023-06-06 and 1.4% on 2023-06-08;
We estimate the trading volume of Media Network to amount to $26 898 tomorrow 2023-06-06 and $28 078 on 2023-06-08.
Our recommendation for the pair MEDIA/USD for tomorrow, 2023-06-06, to buy.
Slightly bearish : traders witnessed Media Network moving down 3% from May 21 till May 27.
The bearish behavior of Media Network last week was characterized by the occurrence of downswings. MEDIA has been going through a period of low volatility, which fell in line with the occurred price changes. 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.
Down by 4% : The Media Network market saw some bearish action last week (May 18 - May 24).
Media Network has been bearish last week as its price has been predominantly falling. The price swings of MEDIA pointed to the presence of low volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
May 11 - May 17 price action recap: Media Network sees a weak 1% gain as the buyers take a step back.
The analysis of last week’s price action shows that the Media Network market is in the bearish phase since the price has been moving upward. The situation on the MEDIA market shows that the underlying asset is currently experiencing a period of medium volatility. 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.
Media Network sees limited 2% gains between May 9 and May 15 as the market cools down.
The upward movement of the Media Network price last week indicates the chosen market is. The situation on the MEDIA market shows that the underlying asset is currently experiencing a period of medium volatility. The price action on the coin's market translated to the decline of market capitalization. The price action of the crypto coin last week took place on the back of decreased trading volume.
Bearish price action on May 2 to May 8 resulted in Media Network by 7%.
The price of Media Network was falling last from May 2 until May 8, giving enough reason to conclude that the market is bearish. The price swings of MEDIA pointed to the presence of medium 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.
May 1 - May 7 price action review: Media Network goes down by 9%.
Between May 1 - May 7, Media Network has been mostly bearish as its price has been in the falling mode. The volatility of MEDIA has been medium throughout the reviewed period in correspondence with the price action. 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.
Bearish price action on May 1 to May 7 resulted in Media Network by 9%.
The bearish behavior of Media Network last week was characterized by the occurrence of downswings. The price swings of MEDIA pointed to the presence 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.
The market crumbled last week (April 30 - May 6) as Media Network lost 20%.
The price of Media Network was falling last from April 30 until May 6, giving enough reason to conclude that the market is bearish. MEDIA has been going through a period of medium volatility, which fell in line with the occurred price changes. The price action on the coin's market translated to the decline of market capitalization. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
A 20% drop on the Media Network market last week (April 30 - May 6) signals that the sellers are gaining strength.
The downward movement of the Media Network price last week indicates the chosen market is bearish. The price swings of MEDIA pointed to the presence of medium volatility. The price action on the coin's market translated to the decline of market capitalization. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Media Network analysis April 30 - May 6 : bears in all-out attack as the price collapses by 20%.
The bearish behavior of Media Network last week was characterized by the occurrence of downswings. The situation on the MEDIA 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.