Numeraire(nmr)market reviews and price predictions
Numeraire market statement for 2023-03-13
Yesterday the price of nmr stood at $17.64. The market capitalization of the asset was $104 415 343. Numeraire’s volatility was established at 8.89%. The trading volume of the coin reached $4 650 869.
Numeraire prognosis for the next days:
We estimate the price of Numeraire to be $17.33 tomorrow 2023-03-30 and $18.14 on 2023-04-05;
We estimate the market capitalization of Numeraire to reach $107 538 794 tomorrow 2023-03-30 and $103 959 231 on 2023-04-01;
We estimate the volatility of Numeraire to become 3.23% tomorrow 2023-03-30 and 3.98% on 2023-04-01;
We estimate the trading volume of Numeraire to amount to $5 710 795 tomorrow 2023-03-30 and $5 586 866 on 2023-04-01.
Our recommendation for the pair NMR/USD for tomorrow, 2023-03-30, to buy.
The torpid Numeraire had its price rise only by 1% last week (March 7 - March 13).
The bearish behavior of Numeraire last week was characterized by the occurrence of upswings. The volatility of NMR has been medium throughout the reviewed period in correspondence with the price action. The price action on the coin's market translated to the decline of market capitalization. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
Numeraire lost 9% in the period February 28 - March 6 as a result of selling pressure.
The downward movement of the Numeraire price last week indicates the chosen market is. NMR was caught in a period of low volatility, which was reflected in its price action. 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.
Last week’s (February 25 - March 3) irresolute Numeraire : the price moved up no more than 2%.
Between February 25 - March 3, Numeraire has been mostly as its price has been in the rising mode. The price swings of NMR pointed to the presence of low volatility. There has been a rise 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 increased trading volume.
The torpid Numeraire had its price rise only by 4% last week (February 24 - March 2).
The upward movement of the Numeraire price last week indicates the chosen market is. 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 rising. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
February 20 - February 26 price action review: Numeraire goes down by 6%.
Numeraire has been last week as its price has been predominantly falling. The volatility of NMR has been low throughout the reviewed period in correspondence with the 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.
Numeraire market stayed flat from February 9 - February 15.
Numeraire portrayed neutral behavior last week, with no changes in the price. The price swings of NMR 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 from last week stemmed from the decreasing trading volume.
Red clouds gathered above the Numeraire market last week (February 6 - February 12) as the price went down by 10%.
The behavior of Numeraire last week was characterized by the occurrence of downswings. NMR 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. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
Numeraire retraces by 4% in the period February 5 - February 11 as the market turns slightly bearish.
The downward movement of the Numeraire price last week indicates the chosen market is bullish. The situation on the NMR 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. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
Slightly bearish : traders witnessed Numeraire moving down 4% from February 5 till February 11.
Numeraire has been bullish last week as its price has been predominantly falling. NMR has been going through a period of medium volatility, which fell in line with the occurred price changes. The price action on the coin's market translated to the decline of market capitalization. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
Numeraire market stayed flat from February 4 - February 10.
Numeraire portrayed neutral behavior last week, with no changes in the price. 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 growth of market capitalization. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.