NFTX(nftx)market reviews and price predictions
NFTX market statement for 2023-05-25
Yesterday the price of nftx stood at $14.36. The market capitalization of the asset was $6 022 840. NFTX’s volatility was established at 0.84%. The trading volume of the coin reached $30 986.
NFTX prognosis for the next days:
We estimate the price of NFTX to be $14.29 tomorrow 2023-06-03 and $14.9 on 2023-06-09;
We estimate the market capitalization of NFTX to reach $6 303 594 tomorrow 2023-06-03 and $6 272 792 on 2023-06-05;
We estimate the volatility of NFTX to become 5.87% tomorrow 2023-06-03 and 4.92% on 2023-06-05;
We estimate the trading volume of NFTX to amount to $38 295 tomorrow 2023-06-03 and $42 032 on 2023-06-05.
Our recommendation for the pair NFTX/USD for tomorrow, 2023-06-03, to buy.
May 19 - May 25 price action recap: NFTX sees a weak 1% gain as the buyers take a step back.
Between May 19 - May 25, NFTX has been mostly as its price has been in the rising mode. The situation on the NFTX 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 crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
May 8 - May 14 price action review: NFTX goes down by 10%.
Between May 8 - May 14, NFTX has been mostly bearish as its price has been in the falling mode. The situation on the NFTX 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.
NFTX lost 10% in the period May 8 - May 14 as a result of selling pressure.
The bearish behavior of NFTX last week was characterized by the occurrence of downswings. NFTX 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 past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
The bleeding market: NFTX loses 10% between May 8 and May 14 as the selling pressure grows.
The downward movement of the NFTX price last week indicates the chosen market is bearish. The volatility of NFTX has been medium throughout the reviewed period in correspondence with the price action. 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.
Slightly bearish : traders witnessed NFTX moving down 3% from May 3 till May 9.
Between May 3 - May 9, NFTX has been mostly bearish as its price has been in the falling mode. NFTX has been going through a period of medium 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 price action of the crypto coin last week took place on the back of decreased trading volume.
NFTX retraces by 2% in the period April 29 - May 5 as the market turns slightly bearish.
Between April 29 - May 5, NFTX has been mostly as its price has been in the falling mode. The situation on the NFTX 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 trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
The bullish pressure subsides between April 28 and May 4 as NFTX gains only 2%.
The price of NFTX was rising last from April 28 until May 4, giving enough reason to conclude that the market is bearish. The volatility associated with the NFTX market was medium, 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.
The market crumbled last week (April 27 - May 3) as NFTX lost 12%.
NFTX has been bearish last week as its price has been predominantly falling. NFTX has been going through a period of medium volatility, which fell in line with the occurred price changes. 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.
The April 27 - May 3 market report: NFTX plunges by 12% as sellers apply more pressure.
The analysis of last week’s price action shows that the NFTX market is in the bearish phase since the price has been moving downward. The volatility associated with the NFTX market was medium, as were its price fluctuations. 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.
Restrained price action on April 22 to April 28 as NFTX moves up by only 1%.
The analysis of last week’s price action shows that the NFTX market is in the bearish phase since the price has been moving upward. NFTX has been going through a period of medium volatility, which fell in line with the occurred price changes. 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.