NKN(nkn)market reviews and price predictions
NKN market statement for 2023-05-18
Yesterday the price of nkn stood at $0.1. The market capitalization of the asset was $66 835 513. NKN’s volatility was established at 1.99%. The trading volume of the coin reached $3 008 196.
NKN prognosis for the next days:
We estimate the price of NKN to be $0.1 tomorrow 2023-06-04 and $0.1 on 2023-06-10;
We estimate the market capitalization of NKN to reach $60 747 296 tomorrow 2023-06-04 and $62 663 964 on 2023-06-06;
We estimate the volatility of NKN to become 1.41% tomorrow 2023-06-04 and 1.77% on 2023-06-06;
We estimate the trading volume of NKN to amount to $2 582 497 tomorrow 2023-06-04 and $2 503 026 on 2023-06-06.
Our recommendation for the pair NKN/USD for tomorrow, 2023-06-04, to hold.
Reservedly bullish : the price of NKN grew by 7% in the period of May 12 - May 18.
The upward movement of the NKN price last week indicates the chosen market is. NKN was caught in a period of low volatility, which was reflected in its price action. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.
A 11% price appreciation seen on the NKN market between May 11 and May 17.
The price of NKN was rising last from May 11 until May 17, giving enough reason to conclude that the market is. NKN was caught in a period of low volatility, which was reflected in its price action. 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.
The torpid NKN had its price rise only by 1% last week (May 9 - May 15).
The analysis of last week’s price action shows that the NKN market is in the phase since the price has been moving upward. The situation on the NKN 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 crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.
Buyers weakened their grip on the NKN market (May 8 - May 14) as the price rose only by 1%.
The bearish behavior of NKN last week was characterized by the occurrence of upswings. The situation on the NKN 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 past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
NKN analysis May 5 - May 11 : bears in all-out attack as the price collapses by 17%.
Between May 5 - May 11, NKN has been mostly bearish as its price has been in the falling mode. The volatility associated with the NKN market was medium, as were its price fluctuations. 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 May 5 - 11 market report: NKN plunges by 17% as sellers apply more pressure.
The analysis of last week’s price action shows that the NKN market is in the bearish phase since the price has been moving downward. The situation on the NKN 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 past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
Red clouds gathered above the NKN market last week (May 4 - May 10) as the price went down by 10%.
The analysis of last week’s price action shows that the NKN market is in the bearish phase since the price has been moving downward. The volatility associated with the NKN 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: NKN loses 10% between May 4 and May 10 as the selling pressure grows.
The bearish behavior of NKN last week was characterized by the occurrence of downswings. NKN was caught in a period of medium volatility, which was reflected in its 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.
Bearish price action on May 4 to May 10 resulted in NKN by 10%.
NKN has been bearish last week as its price has been predominantly falling. The price swings of NKN pointed to the presence of medium volatility. The price action on the coin's market translated to the decline of market capitalization. The price action of the crypto coin last week took place on the back of decreased trading volume.
Bearish price action on May 3 to May 9 resulted in NKN by 10%.
The analysis of last week’s price action shows that the NKN market is in the bearish phase since the price has been moving downward. The price swings of NKN pointed to the presence of medium volatility. 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.