MerchDAO(mrch)market reviews and price predictions
MerchDAO market statement for 2023-05-31
Yesterday the price of mrch stood at $0.008. The market capitalization of the asset was $39 095. MerchDAO’s volatility was established at 2.68%. The trading volume of the coin reached $8 044.
MerchDAO prognosis for the next days:
We estimate the price of MerchDAO to be $0.009 tomorrow 2023-06-02 and $0.01 on 2023-06-08;
We estimate the market capitalization of MerchDAO to reach $43 866 tomorrow 2023-06-02 and $42 021 on 2023-06-04;
We estimate the volatility of MerchDAO to become 4.5% tomorrow 2023-06-02 and 3.92% on 2023-06-04;
We estimate the trading volume of MerchDAO to amount to $9 958 tomorrow 2023-06-02 and $9 400 on 2023-06-04.
Our recommendation for the pair MRCH/USD for tomorrow, 2023-06-02, to buy.
The May 25 - 31 market report: MerchDAO plunges by 14% as sellers apply more pressure.
MerchDAO has been bearish last week as its price has been predominantly falling. The volatility of MRCH has been medium throughout the reviewed period in correspondence with the price action. 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.
MerchDAO slid down by 5% last week (May 24 - May 30) as the sellers pushed back.
The analysis of last week’s price action shows that the MerchDAO market is in the bearish phase since the price has been moving downward. The situation on the MRCH 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 crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
The bears had a field day between May 23 and May 29 as MerchDAO got knocked down by 17%.
Between May 23 - May 29, MerchDAO has been mostly bearish as its price has been in the falling mode. The volatility associated with the MRCH 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.
The market crumbled last week (May 23 - May 29) as MerchDAO lost 17%.
The analysis of last week’s price action shows that the MerchDAO market is in the bearish phase since the price has been moving downward. MRCH was caught in a period of medium volatility, which was reflected in its price action. 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.
May 20 - May 26 price action review: MerchDAO goes down by 9%.
MerchDAO has been bearish last week as its price has been predominantly falling. The volatility associated with the MRCH market was medium, as were its price fluctuations. 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.
MerchDAO retraces by 3% in the period May 13 - May 19 as the market turns slightly bearish.
The downward movement of the MerchDAO price last week indicates the chosen market is bearish. MRCH was caught in a period of low volatility, which was reflected in its price action. 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.
MerchDAO retraces by 3% in the period May 13 - May 19 as the market turns slightly bearish.
Between May 13 - May 19, MerchDAO has been mostly bearish as its price has been in the falling mode. MRCH was caught in a period of low volatility, which was reflected in its price action. 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.
May 13 - May 19 market wrap: MerchDAO had a slight 3% drop.
MerchDAO has been bearish last week as its price has been predominantly falling. MRCH was caught in a period of low volatility, which was reflected in its price action. 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.
MerchDAO slid down by 3% last week (May 13 - May 19) as the sellers pushed back.
The bearish behavior of MerchDAO last week was characterized by the occurrence of downswings. The price swings of MRCH pointed to the presence of low 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.
May 12 - May 18 market wrap: MerchDAO had a slight 3% drop.
The price of MerchDAO was falling last from May 12 until May 18, giving enough reason to conclude that the market is bearish. The volatility associated with the MRCH market was medium, as were its price fluctuations. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The price action of the crypto coin last week took place on the back of decreased trading volume.