Nimiq(nim)market reviews and price predictions
Nimiq market statement for 2023-05-27
Yesterday the price of nim stood at $0.002. The market capitalization of the asset was $15 864 619. Nimiq’s volatility was established at 0.39%. The trading volume of the coin reached $133 534.
Nimiq prognosis for the next days:
We estimate the price of Nimiq to be $0.001 tomorrow 2023-06-03 and $0.002 on 2023-06-09;
We estimate the market capitalization of Nimiq to reach $15 881 353 tomorrow 2023-06-03 and $15 744 053 on 2023-06-05;
We estimate the volatility of Nimiq to become 4.22% tomorrow 2023-06-03 and 3.99% on 2023-06-05;
We estimate the trading volume of Nimiq to amount to $86 500 tomorrow 2023-06-03 and $100 305 on 2023-06-05.
Our recommendation for the pair NIM/USD for tomorrow, 2023-06-03, to buy.
Reservedly bullish : the price of Nimiq grew by 6% in the period of May 21 - May 27.
Nimiq has been last week as its price has been predominantly rising. The volatility of NIM has been medium throughout the reviewed period in correspondence with the price action. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
May 19 - May 25 price action review: Nimiq goes down by 10%.
The price of Nimiq was falling last from May 19 until May 25, giving enough reason to conclude that the market is bearish. NIM was caught in a period of low volatility, which was reflected in its 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.
Bearish price action on May 19 to May 25 resulted in Nimiq by 10%.
Nimiq has been bearish last week as its price has been predominantly falling. The volatility of NIM has been low throughout the reviewed period in correspondence with the price action. 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 market crumbled last week (May 12 - May 18) as Nimiq lost 14%.
Between May 12 - May 18, Nimiq has been mostly as its price has been in the falling mode. The price swings of NIM pointed to the presence of medium volatility. 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.
The May 10 - 16 market report: Nimiq plunges by 14% as sellers apply more pressure.
The bearish behavior of Nimiq last week was characterized by the occurrence of downswings. The price swings of NIM pointed to the presence of low 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.
The market crumbled last week (May 7 - May 13) as Nimiq lost 13%.
The price of Nimiq was falling last from May 7 until May 13, giving enough reason to conclude that the market is. The volatility associated with the NIM market was medium, 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.
Nimiq lost 10% in the period May 4 - May 10 as a result of selling pressure.
The behavior of Nimiq last week was characterized by the occurrence of downswings. The situation on the NIM 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 trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
The capitulation of May 2 - May 8 : Nimiq experienced a 12% dive.
The behavior of Nimiq last week was characterized by the occurrence of downswings. The volatility of NIM 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 price action of the crypto coin last week took place on the back of decreased trading volume.
The capitulation of May 2 - May 8 : Nimiq experienced a 12% dive.
Nimiq has been last week as its price has been predominantly falling. NIM was caught in a period of medium volatility, which was reflected in its price action. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
Nimiq sees limited 1% gains between May 1 and May 7 as the market cools down.
The upward movement of the Nimiq price last week indicates the chosen market is. NIM was caught in a period of medium volatility, which was reflected in its price action. There has been a fall in the market capitalization of the asset during the period under review. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.