PAX Gold(paxg)market reviews and price predictions
PAX Gold market statement for 2023-06-01
Yesterday the price of paxg stood at $1 985. The market capitalization of the asset was $519 031 329. PAX Gold’s volatility was established at 0.65%. The trading volume of the coin reached $10 258 337.
PAX Gold prognosis for the next days:
We estimate the price of PAX Gold to be $1 963 tomorrow 2023-06-03 and $1 979 on 2023-06-09;
We estimate the market capitalization of PAX Gold to reach $516 449 076 tomorrow 2023-06-03 and $517 049 103 on 2023-06-05;
We estimate the volatility of PAX Gold to become 0.17% tomorrow 2023-06-03 and 0.32% on 2023-06-05;
We estimate the trading volume of PAX Gold to amount to $8 165 406 tomorrow 2023-06-03 and $8 676 730 on 2023-06-05.
Our recommendation for the pair PAXG/USD for tomorrow, 2023-06-03, to hold.
PAX Gold sees limited 1% gains between May 26 and June 1 as the market cools down.
Between May 26 - June 1, PAX Gold has been mostly as its price has been in the rising mode. PAXG has been going through a period of low volatility, which fell in line with the occurred price changes. 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.
PAX Gold market stayed flat from May 18 - May 24.
PAX Gold portrayed neutral behavior last week, with no changes in the price. PAXG was caught in a period of low 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.
Slightly bearish : traders witnessed PAX Gold moving down 2% from May 15 till May 21.
The behavior of PAX Gold last week was characterized by the occurrence of downswings. The price swings of PAXG pointed to the presence of low volatility. There has been a fall in the market capitalization of the asset during the period under review. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
Slightly bearish : traders witnessed PAX Gold moving down 2% from May 12 till May 18.
The analysis of last week’s price action shows that the PAX Gold market is in the bearish phase since the price has been moving downward. The price swings of PAXG pointed to the presence of low 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.
PAX Gold retraces by 2% in the period May 10 - May 16 as the market turns slightly bearish.
The behavior of PAX Gold last week was characterized by the occurrence of downswings. PAXG has been going through a period of low 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 falling. The price action of the crypto coin last week took place on the back of decreased trading volume.
Bearish response: The PAX Gold price melts by 2% between May 10 and May 16.
PAX Gold has been last week as its price has been predominantly falling. The price swings of PAXG pointed to the presence of low volatility. 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.
PAX Gold market stayed flat from May 7 - May 13.
PAX Gold portrayed neutral behavior last week, with no changes in the price. The volatility associated with the PAXG market was low, 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.
PAX Gold market stayed flat from May 4 - May 10.
PAX Gold portrayed neutral behavior last week, with no changes in the price. The situation on the PAXG market shows that the underlying asset is currently experiencing a period of low 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.
Last week’s (May 3 - May 9) irresolute PAX Gold : the price moved up no more than 1%.
Between May 3 - May 9, PAX Gold has been mostly bullish as its price has been in the rising mode. The volatility associated with the PAXG market was low, as were its price fluctuations. 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.
The bullish pressure subsides between May 1 and May 7 as PAX Gold gains only 1%.
PAX Gold has been last week as its price has been predominantly rising. The price swings of PAXG 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 last week took place on the back of increased trading volume.