Nominex(nmx)market reviews and price predictions
Nominex market statement for 2023-05-27
Yesterday the price of nmx stood at $0.03. The market capitalization of the asset was $3 031 208. Nominex’s volatility was established at 0.22%. The trading volume of the coin reached $3 433.
Nominex prognosis for the next days:
We estimate the price of Nominex to be $0.03 tomorrow 2023-06-03 and $0.03 on 2023-06-09;
We estimate the market capitalization of Nominex to reach $3 077 072 tomorrow 2023-06-03 and $3 060 024 on 2023-06-05;
We estimate the volatility of Nominex to become 1.12% tomorrow 2023-06-03 and 0.87% on 2023-06-05;
We estimate the trading volume of Nominex to amount to $3 749 tomorrow 2023-06-03 and $4 127 on 2023-06-05.
Our recommendation for the pair NMX/USD for tomorrow, 2023-06-03, to buy.
Nominex slid down by 1% last week (May 21 - May 27) as the sellers pushed back.
The bearish behavior of Nominex last week was characterized by the occurrence of downswings. The volatility of NMX has been low 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.
The buyers controlled the Nominex market between May 18 and May 24 as the price grew by 10%.
The analysis of last week’s price action shows that the Nominex market is in the phase since the price has been moving upward. The price swings of NMX pointed to the presence of medium volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
Buyers kept pushing the Nominex market to the upside between May 18 and May 24 as the price increased by 10%.
Nominex has been last week as its price has been predominantly rising. The volatility associated with the NMX market was medium, as were its price fluctuations. The market capitalization of the asset has been increasing in concert with the price of the coin. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.
A 10% price increase last week (May 18 - May 24) confirms the bullishness of Nominex.
Between May 18 - May 24, Nominex has been mostly as its price has been in the rising mode. The volatility of NMX 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.
The bullish pressure subsides between May 17 and May 23 as Nominex gains only 3%.
The behavior of Nominex last week was characterized by the occurrence of upswings. The volatility of NMX 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 rising. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.
Nominex slid down by 3% last week (May 14 - May 20) as the sellers pushed back.
The downward movement of the Nominex price last week indicates the chosen market is bearish. The volatility associated with the NMX 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 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 Nominex market last week (May 10 - May 16) as the price went down by 9%.
Nominex has been bearish last week as its price has been predominantly falling. The price swings of NMX 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 trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
May 10 - May 16 price action review: Nominex goes down by 9%.
The downward movement of the Nominex price last week indicates the chosen market is bearish. The volatility associated with the NMX 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. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
Red clouds gathered above the Nominex market last week (May 10 - May 16) as the price went down by 9%.
The bearish behavior of Nominex last week was characterized by the occurrence of downswings. The price swings of NMX pointed to the presence of medium volatility. The asset saw its market capitalization falling over the reviewed period together with its price. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
The bleeding market: Nominex loses 9% between May 10 and May 16 as the selling pressure grows.
Between May 10 - May 16, Nominex has been mostly bearish as its price has been in the falling mode. The volatility associated with the NMX market was medium, 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.