NXT(nxt)market reviews and price predictions
NXT market statement for 2023-05-27
Yesterday the price of nxt stood at $0.002. The market capitalization of the asset was $2 554 235. NXT’s volatility was established at 6.96%. The trading volume of the coin reached $2 931.
NXT prognosis for the next days:
We estimate the price of NXT to be $0.002 tomorrow 2023-06-04 and $0.003 on 2023-06-10;
We estimate the market capitalization of NXT to reach $2 628 566 tomorrow 2023-06-04 and $2 597 811 on 2023-06-06;
We estimate the volatility of NXT to become 2.16% tomorrow 2023-06-04 and 3.95% on 2023-06-06;
We estimate the trading volume of NXT to amount to $1 897 tomorrow 2023-06-04 and $2 863 on 2023-06-06.
Our recommendation for the pair NXT/USD for tomorrow, 2023-06-04, to buy.
NXT lost 6% in the period May 21 - May 27 as a result of selling pressure.
Between May 21 - May 27, NXT has been mostly bearish as its price has been in the falling mode. The volatility of NXT has been medium 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 trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Bearish price action on May 21 to May 27 resulted in NXT by 6%.
The price of NXT was falling last from May 21 until May 27, giving enough reason to conclude that the market is bearish. The situation on the NXT 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.
The buyers controlled the NXT market between May 18 and May 24 as the price grew by 7%.
The behavior of NXT last week was characterized by the occurrence of upswings. The volatility of NXT 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 price action of the crypto coin last week took place on the back of decreased trading volume.
The bleeding market: NXT loses 7% between May 13 and May 19 as the selling pressure grows.
The price of NXT was falling last from May 13 until May 19, giving enough reason to conclude that the market is bearish. NXT was caught in a period of medium 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. The price action of the crypto coin last week took place on the back of decreased trading volume.
Bearish response: The NXT price melts by 1% between May 12 and May 18.
The analysis of last week’s price action shows that the NXT market is in the bearish phase since the price has been moving downward. NXT has been going through a period of medium volatility, which fell in line with the occurred price changes. The market capitalization of the asset has been increasing in concert with the price of the coin. The price action of the crypto coin from last week stemmed from the increasing trading volume.
Red clouds gathered above the NXT market last week (May 11 - May 17) as the price went down by 7%.
The price of NXT was falling last from May 11 until May 17, giving enough reason to conclude that the market is bearish. NXT 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.
May 11 - May 17 price action review: NXT goes down by 7%.
The analysis of last week’s price action shows that the NXT market is in the bearish phase since the price has been moving downward. The volatility of NXT 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 falling. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Down by 5% : The NXT market saw some bearish action last week (May 9 - May 15).
The analysis of last week’s price action shows that the NXT market is in the bearish phase since the price has been moving downward. NXT has been going through a period of medium volatility, which fell in line with the occurred price changes. 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.
A 13% drop on the NXT market last week (May 7 - May 13) signals that the sellers are gaining strength.
Between May 7 - May 13, NXT has been mostly bearish as its price has been in the falling mode. The situation on the NXT 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.
A 24% drop on the NXT market last week (May 6 - May 12) signals that the sellers are gaining strength.
The analysis of last week’s price action shows that the NXT market is in the bearish phase since the price has been moving downward. NXT 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 last week took place on the back of decreased trading volume.