Nervos Network(ckb)market reviews and price predictions

Nervos Network market statement for 2022-12-01

Yesterday the price of ckb stood at $0.002. The market capitalization of the asset was $83 202 635. Nervos Network’s volatility was established at 2.5%. The trading volume of the coin reached $2 472 079.

Nervos Network prognosis for the next days:

We estimate the price of Nervos Network to be $0.002 tomorrow 2022-12-07 and $0.003 on 2022-12-13;

We estimate the market capitalization of Nervos Network to reach $85 729 470 tomorrow 2022-12-07 and $84 359 857 on 2022-12-09;

We estimate the volatility of Nervos Network to become 0.94% tomorrow 2022-12-07 and 1.42% on 2022-12-09;

We estimate the trading volume of Nervos Network to amount to $2 195 970 tomorrow 2022-12-07 and $2 592 140 on 2022-12-09.

Our recommendation for the pair CKB/USD for tomorrow, 2022-12-07, to buy.

Nervos Network(ckb)week price prediction
2%
Price
Volatility
Capitalization
Volume
Nov 06Nov 13Nov 20Nov 27Dec 04Nov 06Nov 13Nov 20Nov 27Dec 040.002200.002400.002600.002800.003000.003200.003400.003600.002200.002400.002600.002800.003000.003200.003400.00360
Today's review

November 25 - December 1 price action review: Nervos Network goes down by 7%.

The bearish behavior of Nervos Network last week was characterized by the occurrence of downswings. The volatility of CKB 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. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.

Latest reviews

Bearish response: The Nervos Network price melts by 5% between November 24 and November 30.

Between November 24 - November 30, Nervos Network has been mostly bearish as its price has been in the falling mode. The price swings of CKB pointed to the presence of low volatility. The price action on the coin's market translated to the decline of market capitalization. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.

Down by 2% : The Nervos Network market saw some bearish action last week (November 23 - November 29).

Nervos Network has been bearish last week as its price has been predominantly falling. The situation on the CKB market shows that the underlying asset is currently experiencing a period of low volatility. 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.

The bullish pressure subsides between November 21 and November 27 as Nervos Network gains only 5%.

The bearish behavior of Nervos Network last week was characterized by the occurrence of upswings. 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 increasing in concert with the price of the coin. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.

Nervos Network retraces by 4% in the period November 19 - November 25 as the market turns slightly bearish.

The analysis of last week’s price action shows that the Nervos Network market is in the bearish phase since the price has been moving downward. The volatility of CKB has been low throughout the reviewed period in correspondence with the 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.

November 17 - November 23 market wrap: Nervos Network had a slight 2% drop.

Between November 17 - November 23, Nervos Network has been mostly bearish 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. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.

Nervos Network slid down by 2% last week (November 16 - November 22) as the sellers pushed back.

Nervos Network has been bearish last week as its price has been predominantly falling. CKB has been going through a period of low volatility, which fell in line with the occurred price changes. 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 stepped up a gear on November 15 - November 21, dropping the price of Nervos Network by 7%.

The analysis of last week’s price action shows that the Nervos Network market is in the bearish phase since the price has been moving downward. 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.

Nervos Network market stayed flat from November 14 - November 20.

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 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 Nervos Network market (November 13 - November 19) as the price rose only by 3%.

The upward movement of the Nervos Network price last week indicates the chosen market is bearish. The volatility associated with the CKB market was low, as were its price fluctuations. The price action on the coin's market translated to the decline of market capitalization. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.

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