MXC(mxc)market reviews and price predictions
MXC market statement for 2023-06-01
Yesterday the price of mxc stood at $0.02. The market capitalization of the asset was $36 499 816. MXC’s volatility was established at 2.06%. The trading volume of the coin reached $525 650.
MXC prognosis for the next days:
We estimate the price of MXC to be $0.01 tomorrow 2023-06-04 and $0.02 on 2023-06-10;
We estimate the market capitalization of MXC to reach $37 277 234 tomorrow 2023-06-04 and $37 072 712 on 2023-06-06;
We estimate the volatility of MXC to become 0.4% tomorrow 2023-06-04 and 0.77% on 2023-06-06;
We estimate the trading volume of MXC to amount to $871 519 tomorrow 2023-06-04 and $656 649 on 2023-06-06.
Our recommendation for the pair MXC/USD for tomorrow, 2023-06-04, to buy.
MXC retraces by 1% in the period May 26 - June 1 as the market turns slightly bearish.
The bearish behavior of MXC last week was characterized by the occurrence of downswings. The volatility of MXC has been low 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. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
MXC retraces by 3% in the period May 25 - May 31 as the market turns slightly bearish.
MXC has been bearish last week as its price has been predominantly falling. The price swings of MXC pointed to the presence of low volatility. There has been a rise in the market capitalization of the asset during the period under review. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
Down by 2% : The MXC market saw some bearish action last week (May 22 - May 28).
The price of MXC was falling last from May 22 until May 28, giving enough reason to conclude that the market is bearish. The volatility of MXC 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 falling. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
Bearish response: The MXC price melts by 3% between May 21 and May 27.
The bearish behavior of MXC last week was characterized by the occurrence of downswings. The volatility associated with the MXC market was low, as were its price fluctuations. The market capitalization of the asset has been decreasing in concert with the price of the coin. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
MXC slid down by 3% last week (May 20 - May 26) as the sellers pushed back.
The bearish behavior of MXC last week was characterized by the occurrence of downswings. The situation on the MXC market shows that the underlying asset is currently experiencing a period of low volatility. The market capitalization of the asset has been decreasing in concert with the price of the coin. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
The bears stepped up a gear on May 19 - May 25, dropping the price of MXC by 6%.
The price of MXC was falling last from May 19 until May 25, giving enough reason to conclude that the market is bearish. MXC has been going through a period of low volatility, which fell in line with the occurred price changes. 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.
MXC analysis May 14 - May 20 : bears in all-out attack as the price collapses by 11%.
MXC has been bearish last week as its price has been predominantly falling. MXC 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. The price action of the crypto coin last week took place on the back of decreased trading volume.
Bearish response: The MXC price melts by 1% between May 10 and May 16.
The price of MXC was falling last from May 10 until May 16, giving enough reason to conclude that the market is bearish. MXC has been going through a period of medium volatility, which fell in line with the occurred price changes. 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.
The torpid MXC had its price rise only by 2% last week (May 9 - May 15).
Between May 9 - May 15, MXC has been mostly as its price has been in the rising mode. The volatility of MXC 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 from last week stemmed from the increasing trading volume.
MXC retraces by 3% in the period May 7 - May 13 as the market turns slightly bearish.
MXC has been bearish last week as its price has been predominantly falling. MXC was caught in a period of medium volatility, which was reflected in its price action. 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.