ORO(oro)market reviews and price predictions
ORO market statement for 2023-01-24
Yesterday the price of oro stood at $0.006. The market capitalization of the asset was $63 047. ORO’s volatility was established at 6.57%. The trading volume of the coin reached $11.64.
ORO prognosis for the next days:
We estimate the price of ORO to be $0.006 tomorrow 2023-01-27 and $0.006 on 2023-02-02;
We estimate the market capitalization of ORO to reach $68 802 tomorrow 2023-01-27 and $67 145 on 2023-01-29;
We estimate the volatility of ORO to become 2.05% tomorrow 2023-01-27 and 5.46% on 2023-01-29;
We estimate the trading volume of ORO to amount to $2 tomorrow 2023-01-27 and $6.88 on 2023-01-29.
Our recommendation for the pair ORO/USD for tomorrow, 2023-01-27, to hold.
Down by 2% : The ORO market saw some bearish action last week (January 18 - January 24).
The behavior of ORO last week was characterized by the occurrence of downswings. The volatility of ORO has been medium throughout the reviewed period in correspondence with the price action. The asset saw its market capitalization falling over the reviewed period together with its price. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
The bullish pressure subsides between January 14 and January 20 as ORO gains only 5%.
The analysis of last week’s price action shows that the ORO market is in the bullish phase since the price has been moving upward. The situation on the ORO 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 trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
ORO market outlook from January 12 - January 18 :the price surges by 12%.
The bullish behavior of ORO last week was characterized by the occurrence of upswings. ORO has been going through a period of medium 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. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.
The bleeding market: ORO loses 6% between January 7 and January 13 as the selling pressure grows.
Between January 7 - January 13, ORO has been mostly as its price has been in the falling mode. The volatility associated with the ORO market was medium, as were its price fluctuations. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
Last week’s (January 5 - January 11) irresolute ORO : the price moved up no more than 1%.
The upward movement of the ORO price last week indicates the chosen market is. The price swings of ORO pointed to the presence of medium volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The price action of the crypto coin last week took place on the back of increased trading volume.
A 6% price increase last week (January 4 - January 10) confirms the bullishness of ORO.
Between January 4 - January 10, ORO has been mostly as its price has been in the rising mode. The price swings of ORO pointed to the presence of medium volatility. 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.
The market crumbled last week (January 1 - January 7) as ORO lost 12%.
The price of ORO was falling last from January 1 until January 7, giving enough reason to conclude that the market is bearish. The volatility of ORO 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 past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
Down by 2% : The ORO market saw some bearish action last week (December 31 - January 6).
ORO has been last week as its price has been predominantly falling. ORO 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 crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
December 28 - January 3 price action recap: ORO sees a weak 5% gain as the buyers take a step back.
The behavior of ORO last week was characterized by the occurrence of upswings. ORO was caught in a period of medium volatility, which was reflected in its price action. The asset saw its market capitalization growing over the reviewed period together with its price. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
December 25 - December 31 market watch: ORO goes up by 14% as buying pressure persists.
The analysis of last week’s price action shows that the ORO market is in the phase since the price has been moving upward. The price swings of ORO pointed to the presence of medium 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.