Oiler(oil)market reviews and price predictions

Oiler market statement for 2022-11-26

Yesterday the price of oil stood at $0.04. The market capitalization of the asset was $851 803. Oiler’s volatility was established at 2.25%. The trading volume of the coin reached $9 965.

Oiler prognosis for the next days:

We estimate the price of Oiler to be $0.04 tomorrow 2022-11-29 and $0.04 on 2022-12-05;

We estimate the market capitalization of Oiler to reach $868 090 tomorrow 2022-11-29 and $855 602 on 2022-12-01;

We estimate the volatility of Oiler to become 3.4% tomorrow 2022-11-29 and 2.41% on 2022-12-01;

We estimate the trading volume of Oiler to amount to $6 039 tomorrow 2022-11-29 and $5 852 on 2022-12-01.

Our recommendation for the pair OIL/USD for tomorrow, 2022-11-29, to buy.

Oiler(oil)week price prediction
1%
Price
Volatility
Capitalization
Volume
Oct 30Nov 06Nov 13Nov 20Nov 27Oct 30Nov 06Nov 13Nov 20Nov 270.0300.0350.0400.0450.0300.0350.0400.045
Today's review

November 20 - November 26 price action review: Oiler goes down by 6%.

The behavior of Oiler last week was characterized by the occurrence of downswings. The price swings of OIL pointed to the presence of medium volatility. The price action on the coin's market translated to the growth of market capitalization. The price action of the crypto coin from last week stemmed from the increasing trading volume.

Latest reviews

The capitulation of November 17 - November 23 : Oiler experienced a 20% dive.

Between November 17 - November 23, Oiler has been mostly as its price has been in the falling mode. The volatility associated with the OIL market was medium, as were its price fluctuations. 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.

Oiler market outlook from November 12 - November 18 :the price surges by 28%.

The analysis of last week’s price action shows that the Oiler market is in the phase since the price has been moving upward. OIL has been going through a period of high 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.

November 11 - November 17 market watch: Oiler goes up by 56% as buying pressure persists.

The price of Oiler was rising last from November 11 until November 17, giving enough reason to conclude that the market is bullish. The price swings of OIL pointed to the presence of high 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.

Oiler exploded by 41% in the period of November 10 - November 16 as the buyers got an upper hand.

Between November 10 - November 16, Oiler has been mostly bullish as its price has been in the rising mode. OIL was caught in a period of high volatility, which was reflected in its price action. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.

Market analysis November 9 - November 15 : Oiler posts a 25% rally.

The bullish behavior of Oiler last week was characterized by the occurrence of upswings. The situation on the OIL market shows that the underlying asset is currently experiencing a period of high volatility. 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.

Oiler analysis November 7 - November 13 : bears in all-out attack as the price collapses by 29%.

The analysis of last week’s price action shows that the Oiler market is in the bearish phase since the price has been moving downward. The price swings of OIL pointed to the presence of high volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.

Oiler exploded by 19% in the period of November 2 - November 8 as the buyers got an upper hand.

Oiler has been last week as its price has been predominantly rising. The volatility associated with the OIL market was high, as were its price fluctuations. 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.

November 1 - November 7 market watch: Oiler goes up by 22% as buying pressure persists.

Between November 1 - November 7, Oiler has been mostly as its price has been in the rising mode. The situation on the OIL market shows that the underlying asset is currently experiencing a period of medium volatility. 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.

Oiler retraces by 4% in the period October 31 - November 6 as the market turns slightly bearish.

Between October 31 - November 6, Oiler has been mostly bearish as its price has been in the falling mode. The price swings of OIL pointed to the presence of medium volatility. 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.

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