Number 1 Token(nr1)market reviews and price predictions
Number 1 Token market statement for 2023-05-30
Yesterday the price of nr1 stood at $0.01. The market capitalization of the asset was $392 093. Number 1 Token’s volatility was established at 4.26%. The trading volume of the coin reached $17 651.
Number 1 Token prognosis for the next days:
We estimate the price of Number 1 Token to be $0.01 tomorrow 2023-06-02 and $0.01 on 2023-06-08;
We estimate the market capitalization of Number 1 Token to reach $365 037 tomorrow 2023-06-02 and $378 823 on 2023-06-04;
We estimate the volatility of Number 1 Token to become 5.05% tomorrow 2023-06-02 and 4.71% on 2023-06-04;
We estimate the trading volume of Number 1 Token to amount to $14 914 tomorrow 2023-06-02 and $15 645 on 2023-06-04.
Our recommendation for the pair NR1/USD for tomorrow, 2023-06-02, to sell.
Buyers kept pushing the Number 1 Token market to the upside between May 24 and May 30 as the price increased by 9%.
Between May 24 - May 30, Number 1 Token has been mostly bullish as its price has been in the rising mode. The price swings of NR1 pointed to the presence of medium volatility. The price action on the coin's market translated to the growth of market capitalization. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
Down by 1% : The Number 1 Token market saw some bearish action last week (May 17 - May 23).
The downward movement of the Number 1 Token price last week indicates the chosen market is bullish. The volatility associated with the NR1 market was low, as were its price fluctuations. The price action on the coin's market translated to the growth of market capitalization. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
Bearish response: The Number 1 Token price melts by 1% between May 17 and May 23.
The analysis of last week’s price action shows that the Number 1 Token market is in the bullish phase since the price has been moving downward. The volatility associated with the NR1 market was low, as were its price fluctuations. The asset saw its market capitalization growing over the reviewed period together with its price. The price action of the crypto coin from last week stemmed from the increasing trading volume.
The bulls muster more strength as Number 1 Token rises by 27% from May 6 to May 12.
Between May 6 - May 12, Number 1 Token has been mostly bullish as its price has been in the rising mode. NR1 was caught in a period of high 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. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
The May 5 - 11 market report: Number 1 Token plunges by 14% as sellers apply more pressure.
The price of Number 1 Token was falling last from May 5 until May 11, giving enough reason to conclude that the market is bearish. The situation on the NR1 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 trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Down by 4% : The Number 1 Token market saw some bearish action last week (May 2 - May 8).
The downward movement of the Number 1 Token price last week indicates the chosen market is bearish. NR1 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 past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
Number 1 Token retraces by 2% in the period May 1 - May 7 as the market turns slightly bearish.
Number 1 Token has been bearish last week as its price has been predominantly falling. The volatility of NR1 has been medium 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.
Bearish response: The Number 1 Token price melts by 2% between May 1 and May 7.
The downward movement of the Number 1 Token price last week indicates the chosen market is bearish. NR1 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 price action of the crypto coin from last week stemmed from the decreasing trading volume.
Slightly bearish : traders witnessed Number 1 Token moving down 3% from April 30 till May 6.
The analysis of last week’s price action shows that the Number 1 Token market is in the bearish phase since the price has been moving downward. The volatility associated with the NR1 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.
Last week’s (April 27 - May 3) irresolute Number 1 Token : the price moved up no more than 1%.
The behavior of Number 1 Token last week was characterized by the occurrence of upswings. NR1 was caught in a period of low volatility, which was reflected in its price action. There has been a rise in the market capitalization of the asset during the period under review. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.