Enzyme(mln)market reviews and price predictions
Enzyme market statement for 2023-03-13
Yesterday the price of mln stood at $22.02. The market capitalization of the asset was $30 911 079. Enzyme’s volatility was established at 5.87%. The trading volume of the coin reached $1 256 279.
Enzyme prognosis for the next days:
We estimate the price of Enzyme to be $22.24 tomorrow 2023-03-23 and $23.01 on 2023-03-29;
We estimate the market capitalization of Enzyme to reach $32 011 355 tomorrow 2023-03-23 and $30 847 206 on 2023-03-25;
We estimate the volatility of Enzyme to become 2.55% tomorrow 2023-03-23 and 3.91% on 2023-03-25;
We estimate the trading volume of Enzyme to amount to $1 139 994 tomorrow 2023-03-23 and $1 175 790 on 2023-03-25.
Our recommendation for the pair MLN/USD for tomorrow, 2023-03-23, to buy.
Slightly bearish : traders witnessed Enzyme moving down 1% from March 7 till March 13.
The analysis of last week’s price action shows that the Enzyme market is in the bearish phase since the price has been moving downward. MLN 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 price action of the crypto coin from last week stemmed from the decreasing trading volume.
A 17% drop on the Enzyme market last week (March 5 - March 11) signals that the sellers are gaining strength.
Enzyme has been bearish last week as its price has been predominantly falling. The situation on the MLN 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 crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
The bears stepped up a gear on February 28 - March 6, dropping the price of Enzyme by 9%.
Enzyme has been last week as its price has been predominantly falling. The volatility of MLN has been medium throughout the reviewed period in correspondence with the price action. 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.
Enzyme market stayed flat from February 24 - March 2.
Enzyme portrayed neutral behavior last week, with no changes in the price. The volatility associated with the MLN market was medium, as were its price fluctuations. 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.
Down by 4% : The Enzyme market saw some bearish action last week (February 22 - February 28).
Enzyme has been last week as its price has been predominantly falling. MLN was caught in a period of medium volatility, which was reflected in its price action. The asset saw its market capitalization falling over the reviewed period together with its price. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
Bearish response: The Enzyme price melts by 2% between February 19 and February 25.
The price of Enzyme was falling last from February 19 until February 25, giving enough reason to conclude that the market is. The situation on the MLN market shows that the underlying asset is currently experiencing a period of low 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.
Reservedly bullish : the price of Enzyme grew by 7% in the period of February 17 - February 23.
Between February 17 - February 23, Enzyme has been mostly bullish as its price has been in the rising mode. The price swings of MLN pointed to the presence of low volatility. 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.
Restrained price action on February 16 to February 22 as Enzyme moves up by only 4%.
The analysis of last week’s price action shows that the Enzyme market is in the bullish phase since the price has been moving upward. The situation on the MLN market shows that the underlying asset is currently experiencing a period of medium volatility. The asset saw its market capitalization growing over the reviewed period together with its price. The price action of the crypto coin from last week stemmed from the increasing trading volume.
February 14 - February 20 market watch: Enzyme goes up by 15% as buying pressure persists.
The analysis of last week’s price action shows that the Enzyme market is in the bullish phase since the price has been moving upward. The price swings of MLN 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.
Buyers kept pushing the Enzyme market to the upside between February 12 and February 18 as the price increased by 9%.
Enzyme has been bullish last week as its price has been predominantly rising. The price swings of MLN pointed to the presence of low volatility. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.