NXT(nxt)market reviews and price predictions
NXT market statement for 2023-01-29
Yesterday the price of nxt stood at $0.005. The market capitalization of the asset was $4 994 950. NXT’s volatility was established at 3.87%. The trading volume of the coin reached $118 447.
NXT prognosis for the next days:
We estimate the price of NXT to be $0.005 tomorrow 2023-02-04 and $0.004 on 2023-02-10;
We estimate the market capitalization of NXT to reach $4 345 331 tomorrow 2023-02-04 and $4 442 266 on 2023-02-06;
We estimate the volatility of NXT to become 4.4% tomorrow 2023-02-04 and 4.93% on 2023-02-06;
We estimate the trading volume of NXT to amount to $13 636 tomorrow 2023-02-04 and $31 718 on 2023-02-06.
Our recommendation for the pair NXT/USD for tomorrow, 2023-02-04, to sell.
The torpid NXT had its price rise only by 3% last week (January 23 - January 29).
The behavior of NXT last week was characterized by the occurrence of upswings. The volatility associated with the NXT 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. The price action of the crypto coin last week took place on the back of increased trading volume.
Bearish price action on January 21 to January 27 resulted in NXT by 7%.
The analysis of last week’s price action shows that the NXT market is in the 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. 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.
NXT retraces by 2% in the period January 19 - January 25 as the market turns slightly bearish.
Between January 19 - January 25, NXT has been mostly bullish 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. 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.
A 17% price appreciation seen on the NXT market between January 16 and January 22.
The price of NXT was rising last from January 16 until January 22, giving enough reason to conclude that the market is bullish. NXT was caught in a period of medium 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 past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
January 13 - January 19 market wrap: NXT had a slight 3% drop.
The behavior of NXT last week was characterized by the occurrence of downswings. The volatility associated with the NXT market was low, 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 trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Market analysis January 11 - January 17 : NXT posts a 24% rally.
Between January 11 - January 17, NXT has been mostly bullish as its price has been in the rising mode. NXT was caught in a period of high volatility, which was reflected in its price action. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.
Down by 2% : The NXT market saw some bearish action last week (January 4 - January 10).
Between January 4 - January 10, NXT has been mostly 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 low volatility. The asset saw its market capitalization growing over the reviewed period together with its price. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.
January 2 - January 8 market wrap: NXT had a slight 2% drop.
The price of NXT was falling last from January 2 until January 8, giving enough reason to conclude that the market is. NXT was caught in a period of low volatility, which was reflected in its price action. The price action on the coin's market translated to the growth of market capitalization. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.
Buyers weakened their grip on the NXT market (December 29 - January 4) as the price rose only by 1%.
The analysis of last week’s price action shows that the NXT market is in the phase since the price has been moving upward. The price swings of NXT pointed to the presence of low 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.
NXT market stayed flat from December 24 - December 30.
NXT portrayed neutral behavior last week, with no changes in the price. The volatility associated with the NXT market was medium, as were its price fluctuations. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The price action of the crypto coin from last week stemmed from the increasing trading volume.