Nervos Network(ckb)market reviews and price predictions
Nervos Network market statement for 2023-03-09
Yesterday the price of ckb stood at $0.004. The market capitalization of the asset was $130 290 451. Nervos Network’s volatility was established at 0.81%. The trading volume of the coin reached $8 281 316.
Nervos Network prognosis for the next days:
We estimate the price of Nervos Network to be $0.005 tomorrow 2023-03-20 and $0.005 on 2023-03-26;
We estimate the market capitalization of Nervos Network to reach $159 810 117 tomorrow 2023-03-20 and $149 181 448 on 2023-03-22;
We estimate the volatility of Nervos Network to become 3.69% tomorrow 2023-03-20 and 3.48% on 2023-03-22;
We estimate the trading volume of Nervos Network to amount to $18 660 877 tomorrow 2023-03-20 and $12 899 926 on 2023-03-22.
Our recommendation for the pair CKB/USD for tomorrow, 2023-03-20, to buy.
The market crumbled last week (March 3 - March 9) as Nervos Network lost 15%.
Between March 3 - March 9, Nervos Network has been mostly as its price has been in the falling mode. The volatility of CKB has been medium throughout the reviewed period in correspondence with the price action. The price action on the coin's market translated to the decline of market capitalization. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
The bears stepped up a gear on February 27 - March 5, dropping the price of Nervos Network by 9%.
The price of Nervos Network was falling last from February 27 until March 5, giving enough reason to conclude that the market is. The volatility associated with the CKB market was medium, as were its price fluctuations. The asset saw its market capitalization falling over the reviewed period together with its price. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
The bleeding market: Nervos Network loses 6% between February 25 and March 3 as the selling pressure grows.
The price of Nervos Network was falling last from February 25 until March 3, giving enough reason to conclude that the market is. The price swings of CKB 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 price action of the crypto coin from last week stemmed from the increasing trading volume.
The bears had a field day between February 24 and March 2 as Nervos Network got knocked down by 11%.
The behavior of Nervos Network last week was characterized by the occurrence of downswings. The situation on the CKB market shows that the underlying asset is currently experiencing a period of medium volatility. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
The bears had a field day between February 23 and March 1 as Nervos Network got knocked down by 17%.
The behavior of Nervos Network last week was characterized by the occurrence of downswings. CKB 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 decreasing in concert with the price of the coin. The price action of the crypto coin last week took place on the back of decreased trading volume.
Nervos Network market stayed flat from February 22 - February 28.
Nervos Network portrayed neutral behavior last week, with no changes in the price. The situation on the CKB 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 price action of the crypto coin from last week stemmed from the decreasing trading volume.
Buyers kept pushing the Nervos Network market to the upside between February 19 and February 25 as the price increased by 9%.
Nervos Network has been bullish last week as its price has been predominantly rising. The volatility associated with the CKB market was high, as were its price fluctuations. The asset saw its market capitalization growing over the reviewed period together with its price. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.
The bulls muster more strength as Nervos Network rises by 52% from February 15 to February 21.
The upward movement of the Nervos Network price last week indicates the chosen market is bullish. CKB was caught in a period of high volatility, which was reflected in its price action. 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 bulls muster more strength as Nervos Network rises by 50% from February 14 to February 20.
The analysis of last week’s price action shows that the Nervos Network market is in the bullish phase since the price has been moving upward. The volatility associated with the CKB market was high, as were its price fluctuations. 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.
February 11 - February 17 market watch: Nervos Network goes up by 22% as buying pressure persists.
Nervos Network has been bullish last week as its price has been predominantly rising. The volatility associated with the CKB market was medium, as were its price fluctuations. The market capitalization of the asset has been increasing in concert with the price of the coin. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.