OctoFi(octo)market reviews and price predictions
OctoFi market statement for 2023-03-17
Yesterday the price of octo stood at $1.22. The market capitalization of the asset was $436 263. OctoFi’s volatility was established at 1.61%. The trading volume of the coin reached $16 295.
OctoFi prognosis for the next days:
We estimate the price of OctoFi to be $1.26 tomorrow 2023-03-20 and $1.27 on 2023-03-26;
We estimate the market capitalization of OctoFi to reach $443 450 tomorrow 2023-03-20 and $443 440 on 2023-03-22;
We estimate the volatility of OctoFi to become 6.95% tomorrow 2023-03-20 and 4.81% on 2023-03-22;
We estimate the trading volume of OctoFi to amount to $18 359 tomorrow 2023-03-20 and $17 953 on 2023-03-22.
Our recommendation for the pair OCTO/USD for tomorrow, 2023-03-20, to buy.
March 11 - March 17 price action review: OctoFi goes down by 7%.
OctoFi has been last week as its price has been predominantly falling. OCTO was caught in a period of medium volatility, which was reflected in its price action. The price action on the coin's market translated to the growth of market capitalization. The price action of the crypto coin last week took place on the back of increased trading volume.
Down by 3% : The OctoFi market saw some bearish action last week (March 1 - March 7).
OctoFi has been last week as its price has been predominantly falling. OCTO was caught in a period of medium volatility, which was reflected in its price action. No rise or fall was observed in the market capitalization of the coin during the period under review. No growth or loss has been observed in trading volume on the crypto coin's market.
Bearish response: The OctoFi price melts by 2% between February 26 and March 4.
The analysis of last week’s price action shows that the OctoFi market is in the phase since the price has been moving downward. The volatility of OCTO has been medium throughout the reviewed period in correspondence with the price action. No rise or fall was observed in the market capitalization of the coin during the period under review. No growth or loss has been observed in trading volume on the crypto coin's market.
February 25 - March 3 market wrap: OctoFi had a slight 1% drop.
Between February 25 - March 3, OctoFi has been mostly as its price has been in the falling mode. The volatility associated with the OCTO market was medium, 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.
Reservedly bullish : the price of OctoFi grew by 10% in the period of February 24 - March 2.
The price of OctoFi was rising last from February 24 until March 2, giving enough reason to conclude that the market is bullish. The price swings of OCTO pointed to the presence of low 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.
OctoFi market outlook from February 23 - March 1 :the price surges by 11%.
The bullish behavior of OctoFi last week was characterized by the occurrence of upswings. The volatility associated with the OCTO market was medium, as were its price fluctuations. 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.
OctoFi retraces by 3% in the period February 22 - February 28 as the market turns slightly bearish.
OctoFi has been last week as its price has been predominantly falling. The volatility associated with the OCTO market was medium, as were its price fluctuations. The price action on the coin's market translated to the decline of market capitalization. The price action of the crypto coin last week took place on the back of decreased trading volume.
The bullish pressure subsides between February 21 and February 27 as OctoFi gains only 1%.
The price of OctoFi was rising last from February 21 until February 27, giving enough reason to conclude that the market is bullish. The price swings of OCTO pointed to the presence of medium volatility. 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.
Slightly bearish : traders witnessed OctoFi moving down 2% from February 18 till February 24.
The analysis of last week’s price action shows that the OctoFi market is in the phase since the price has been moving downward. The price swings of OCTO pointed to the presence 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.
Market review from February 13 to February 19 : OctoFi gets a 9% price appreciation.
OctoFi has been last week as its price has been predominantly rising. The volatility of OCTO has been low throughout the reviewed period in correspondence with the price action. The price action on the coin's market translated to the growth of market capitalization. The price action of the crypto coin last week took place on the back of increased trading volume.