Merit Circle(mc)market reviews and price predictions

Merit Circle market statement for 2023-01-31

Yesterday the price of mc stood at $0.37. The market capitalization of the asset was $121 627 496. Merit Circle’s volatility was established at 0.14%. The trading volume of the coin reached $11 042 799.

Merit Circle prognosis for the next days:

We estimate the price of Merit Circle to be $0.37 tomorrow 2023-02-09 and $0.34 on 2023-02-15;

We estimate the market capitalization of Merit Circle to reach $123 042 990 tomorrow 2023-02-09 and $126 123 414 on 2023-02-11;

We estimate the volatility of Merit Circle to become 5.45% tomorrow 2023-02-09 and 4.5% on 2023-02-11;

We estimate the trading volume of Merit Circle to amount to $9 963 946 tomorrow 2023-02-09 and $10 419 336 on 2023-02-11.

Our recommendation for the pair MC/USD for tomorrow, 2023-02-09, to sell.

Merit Circle(mc)week price prediction
7%
Price
Volatility
Capitalization
Volume
2023Jan 08Jan 15Jan 22Jan 29Feb 052023Jan 08Jan 15Jan 22Jan 29Feb 050.260.280.300.320.340.360.380.260.280.300.320.340.360.38
Today's review

Merit Circle market outlook from January 25 - January 31 :the price surges by 12%.

The price of Merit Circle was rising last from January 25 until January 31, giving enough reason to conclude that the market is bullish. The volatility associated with the MC market was medium, as were its price fluctuations. The asset saw its market capitalization growing over the reviewed period together with its price. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.

Latest reviews

The buyers controlled the Merit Circle market between January 24 and January 30 as the price grew by 8%.

The price of Merit Circle was rising last from January 24 until January 30, giving enough reason to conclude that the market is bullish. The situation on the MC market shows that the underlying asset is currently experiencing a period of medium volatility. The market capitalization of the asset has been increasing in concert with the price of the coin. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.

Reservedly bullish : the price of Merit Circle grew by 8% in the period of January 19 - January 25.

Merit Circle has been bullish last week as its price has been predominantly rising. The volatility of MC has been low throughout the reviewed period in correspondence with the price action. 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.

Market analysis January 18 - January 24 : Merit Circle posts a 11% rally.

The upward movement of the Merit Circle price last week indicates the chosen market is bullish. The price swings of MC pointed to the presence of medium volatility. The price action on the coin's market translated to the growth of market capitalization. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.

Buyers weakened their grip on the Merit Circle market (January 14 - January 20) as the price rose only by 2%.

Between January 14 - January 20, Merit Circle has been mostly bullish as its price has been in the rising mode. The price swings of MC pointed to the presence of medium volatility. There has been a rise in the market capitalization of the asset during the period under review. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.

Buyers weakened their grip on the Merit Circle market (January 13 - January 19) as the price rose only by 5%.

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 medium throughout the reviewed period in correspondence with the price action. The asset saw its market capitalization growing over the reviewed period together with its price. The price action of the crypto coin last week took place on the back of increased trading volume.

Merit Circle market outlook from January 11 - January 17 :the price surges by 19%.

Between January 11 - January 17, Merit Circle has been mostly bullish as its price has been in the rising mode. The volatility of MC has been medium throughout the reviewed period in correspondence with the price action. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. The price action of the crypto coin from last week stemmed from the increasing trading volume.

Market review from January 4 to January 10 : Merit Circle gets a 6% price appreciation.

The behavior of Merit Circle last week was characterized by the occurrence of upswings. MC was caught in a period of medium volatility, which was reflected in its price action. The asset saw its market capitalization growing over the reviewed period together with its price. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.

January 2 - January 8 market wrap: Merit Circle had a slight 2% drop.

Between January 2 - January 8, Merit Circle has been mostly bearish as its price has been in the falling mode. MC was caught in a period of low volatility, which was reflected in its price action. There has been a rise in the market capitalization of the asset during the period under review. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.

Bearish response: The Merit Circle price melts by 2% between December 31 and January 6.

Between December 31 - January 6, Merit Circle has been mostly bearish as its price has been in the falling mode. MC has been going through a period of low volatility, which fell in line with the occurred price changes. 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.

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