Merit Circle(mc)market reviews and price predictions

Merit Circle market statement for 2022-10-06

Yesterday the price of mc stood at $0.67. The market capitalization of the asset was $193 436 651. Merit Circle’s volatility was established at 0.06%. The trading volume of the coin reached $1 337 935.

Merit Circle prognosis for the next days:

We estimate the price of Merit Circle to be $0.64 tomorrow 2022-10-08 and $0.65 on 2022-10-14;

We estimate the market capitalization of Merit Circle to reach $192 442 033 tomorrow 2022-10-08 and $192 905 841 on 2022-10-10;

We estimate the volatility of Merit Circle to become 2.36% tomorrow 2022-10-08 and 1.43% on 2022-10-10;

We estimate the trading volume of Merit Circle to amount to $1 879 963 tomorrow 2022-10-08 and $1 586 960 on 2022-10-10.

Our recommendation for the pair MC/USD for tomorrow, 2022-10-08, to sell.

Merit Circle(mc)week price prediction
3%
Price
Volatility
Capitalization
Volume
Sep 11Sep 18Sep 25Oct 02Oct 09Sep 11Sep 18Sep 25Oct 02Oct 090.640.660.680.700.720.740.760.640.660.680.700.720.740.76
Today's review

September 30 - October 6 market wrap: Merit Circle had a slight 2% drop.

The price of Merit Circle was falling last from September 30 until October 6, giving enough reason to conclude that the market is. The volatility associated with the MC market was low, as were its price fluctuations. 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.

Latest reviews

Buyers weakened their grip on the Merit Circle market (September 29 - October 5) as the price rose only by 1%.

The upward movement of the Merit Circle price last week indicates the chosen market is. The situation on the MC market shows that the underlying asset is currently experiencing a period of low volatility. The market capitalization of the asset has been increasing in concert with the price of the coin. The price action of the crypto coin last week took place on the back of increased trading volume.

Buyers weakened their grip on the Merit Circle market (September 28 - October 4) as the price rose only by 3%.

Between September 28 - October 4, Merit Circle has been mostly as its price has been in the rising mode. The situation on the MC 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 growth of market capitalization. The price action of the crypto coin last week took place on the back of increased trading volume.

Restrained price action on September 24 to September 30 as Merit Circle moves up by only 4%.

The behavior of Merit Circle last week was characterized by the occurrence of upswings. The situation on the MC 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 growth of market capitalization. The price action of the crypto coin from last week stemmed from the increasing trading volume.

The torpid Merit Circle had its price rise only by 5% last week (September 23 - September 29).

The analysis of last week’s price action shows that the Merit Circle market is in the phase since the price has been moving upward. The volatility of MC 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 rising. The price action of the crypto coin from last week stemmed from the increasing trading volume.

The bears stepped up a gear on September 17 - September 23, dropping the price of Merit Circle by 6%.

The analysis of last week’s price action shows that the Merit Circle market is in the bearish phase since the price has been moving downward. The volatility associated with the MC market was low, as were its price fluctuations. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.

September 16 - September 22 market wrap: Merit Circle had a slight 3% drop.

The downward movement of the Merit Circle price last week indicates the chosen market is bearish. The volatility associated with the MC market was low, as were its price fluctuations. 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.

Bearish price action on September 14 to September 20 resulted in Merit Circle by 8%.

The downward movement of the Merit Circle price last week indicates the chosen market is bearish. MC was caught in a period of low 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. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.

Merit Circle market stayed flat from September 7 - September 13.

Merit Circle portrayed neutral behavior last week, with no changes in the price. MC has been going through a period of medium volatility, which fell in line with the occurred price changes. 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.

August 28 - September 3 market wrap: Merit Circle had a slight 1% drop.

The behavior of Merit Circle last week was characterized by the occurrence of downswings. The price swings of MC pointed to the presence of low 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.

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