Nimiq(nim)market reviews and price predictions

Nimiq market statement for 2022-11-29

Yesterday the price of nim stood at $0.001. The market capitalization of the asset was $9 232 315. Nimiq’s volatility was established at 8.71%. The trading volume of the coin reached $544 549.

Nimiq prognosis for the next days:

We estimate the price of Nimiq to be $0.0009 tomorrow 2022-12-01 and $0.001 on 2022-12-07;

We estimate the market capitalization of Nimiq to reach $10 153 978 tomorrow 2022-12-01 and $9 939 102 on 2022-12-03;

We estimate the volatility of Nimiq to become 3.08% tomorrow 2022-12-01 and 4.68% on 2022-12-03;

We estimate the trading volume of Nimiq to amount to $509 403 tomorrow 2022-12-01 and $472 147 on 2022-12-03.

Our recommendation for the pair NIM/USD for tomorrow, 2022-12-01, to buy.

Nimiq(nim)week price prediction
3%
Price
Volatility
Capitalization
Volume
Nov 06Nov 13Nov 20Nov 27Dec 04Nov 06Nov 13Nov 20Nov 27Dec 040.000800.001000.001200.001400.001600.000800.001000.001200.001400.00160
Today's review

November 23 - November 29 price action recap: Nimiq sees a weak 2% gain as the buyers take a step back.

The analysis of last week’s price action shows that the Nimiq market is in the phase since the price has been moving upward. The price swings of NIM pointed to the presence of medium volatility. 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.

Latest reviews

Nimiq slid down by 5% last week (November 22 - November 28) as the sellers pushed back.

The price of Nimiq was falling last from November 22 until November 28, giving enough reason to conclude that the market is bearish. 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 price action of the crypto coin last week took place on the back of decreased trading volume.

November 21 - November 27 market wrap: Nimiq had a slight 1% drop.

Between November 21 - November 27, Nimiq has been mostly bearish as its price has been in the falling mode. The situation on the NIM market shows that the underlying asset is currently experiencing a period of medium volatility. 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.

Bearish response: The Nimiq price melts by 3% between November 20 and November 26.

Nimiq has been bearish last week as its price has been predominantly falling. The volatility of NIM has been medium throughout the reviewed period in correspondence with the price action. 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.

November 18 - November 24 market wrap: Nimiq had a slight 3% drop.

The bearish behavior of Nimiq last week was characterized by the occurrence of downswings. The volatility associated with the NIM market was low, as were its price fluctuations. 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.

The bleeding market: Nimiq loses 10% between November 17 and November 23 as the selling pressure grows.

The bearish behavior of Nimiq last week was characterized by the occurrence of downswings. NIM was caught in a period of low volatility, which was reflected in its price action. The price action on the coin's market translated to the decline of market capitalization. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.

The market crumbled last week (November 16 - November 22) as Nimiq lost 12%.

The bearish behavior of Nimiq last week was characterized by the occurrence of downswings. NIM 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 price action of the crypto coin last week took place on the back of decreased trading volume.

The bears had a field day between November 15 and November 21 as Nimiq got knocked down by 18%.

The price of Nimiq was falling last from November 15 until November 21, giving enough reason to conclude that the market is bearish. The price swings of NIM pointed to the presence of medium volatility. 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 from last week stemmed from the decreasing trading volume.

Restrained price action on November 11 to November 17 as Nimiq moves up by only 4%.

Nimiq has been bearish last week as its price has been predominantly rising. NIM 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. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.

Nimiq analysis November 7 - November 13 : bears in all-out attack as the price collapses by 21%.

Between November 7 - November 13, Nimiq has been mostly bearish as its price has been in the falling mode. The situation on the NIM market shows that the underlying asset is currently experiencing a period of medium volatility. The market capitalization of the asset has been decreasing in concert with the price of the coin. The price action of the crypto coin from last week stemmed from the decreasing trading volume.

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