Numeraire(nmr)market reviews and price predictions

Numeraire market statement for 2022-10-03

Yesterday the price of nmr stood at $14.58. The market capitalization of the asset was $86 485 850. Numeraire’s volatility was established at 1.39%. The trading volume of the coin reached $5 856 735.

Numeraire prognosis for the next days:

We estimate the price of Numeraire to be $14.35 tomorrow 2022-10-05 and $15.12 on 2022-10-11;

We estimate the market capitalization of Numeraire to reach $90 856 836 tomorrow 2022-10-05 and $89 718 046 on 2022-10-07;

We estimate the volatility of Numeraire to become 0.64% tomorrow 2022-10-05 and 1.05% on 2022-10-07;

We estimate the trading volume of Numeraire to amount to $6 960 195 tomorrow 2022-10-05 and $4 932 668 on 2022-10-07.

Our recommendation for the pair NMR/USD for tomorrow, 2022-10-05, to buy.

Numeraire(nmr)week price prediction
3%
Price
Volatility
Capitalization
Volume
Sep 04Sep 11Sep 18Sep 25Oct 02Oct 09Sep 04Sep 11Sep 18Sep 25Oct 02Oct 0914.015.016.017.018.014.015.016.017.018.0
Today's review

Bearish response: The Numeraire price melts by 2% between September 27 and October 3.

Numeraire has been bearish last week as its price has been predominantly falling. NMR has been going through a period of low volatility, which fell in line with the occurred price changes. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.

Latest reviews

Slightly bearish : traders witnessed Numeraire moving down 4% from September 26 till October 2.

The price of Numeraire was falling last from September 26 until October 2, giving enough reason to conclude that the market is bearish. NMR was caught in a period of low volatility, which was reflected in its price action. 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.

Numeraire slid down by 3% last week (September 25 - October 1) as the sellers pushed back.

The downward movement of the Numeraire price last week indicates the chosen market is bearish. The price swings of NMR pointed to the presence of low volatility. The price action on the coin's market translated to the decline of market capitalization. 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 Numeraire price melts by 4% between September 21 and September 27.

The analysis of last week’s price action shows that the Numeraire market is in the bearish phase since the price has been moving downward. The volatility associated with the NMR market was low, as were its price fluctuations. 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.

Bearish response: The Numeraire price melts by 3% between September 20 and September 26.

The bearish behavior of Numeraire last week was characterized by the occurrence of downswings. NMR 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 crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.

September 19 - September 25 market wrap: Numeraire had a slight 1% drop.

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

Numeraire lost 8% in the period September 16 - September 22 as a result of selling pressure.

The downward movement of the Numeraire price last week indicates the chosen market is bearish. The price swings of NMR pointed to the presence of low volatility. 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.

The bleeding market: Numeraire loses 8% between September 14 and September 20 as the selling pressure grows.

Between September 14 - September 20, Numeraire has been mostly bearish as its price has been in the falling mode. The price swings of NMR pointed to the presence of low volatility. 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.

A 14% drop on the Numeraire market last week (September 12 - September 18) signals that the sellers are gaining strength.

Numeraire has been bearish last week as its price has been predominantly falling. The situation on the NMR market shows that the underlying asset is currently experiencing a period of medium volatility. The price action on the coin's market translated to the decline of market capitalization. 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 (September 11 - September 17) as Numeraire lost 11%.

The analysis of last week’s price action shows that the Numeraire market is in the bearish phase since the price has been moving downward. The volatility associated with the NMR 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 price action of the crypto coin last week took place on the back of decreased trading volume.

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