Phoenix Token(phx)market reviews and price predictions

Phoenix Token market statement for 2022-09-22

Yesterday the price of phx stood at $0.001. The market capitalization of the asset was $87 414. Phoenix Token’s volatility was established at 5.2%. The trading volume of the coin reached $20 403.

Phoenix Token prognosis for the next days:

We estimate the price of Phoenix Token to be $0.001 tomorrow 2022-09-30 and $0.001 on 2022-10-06;

We estimate the market capitalization of Phoenix Token to reach $76 790 tomorrow 2022-09-30 and $81 541 on 2022-10-02;

We estimate the volatility of Phoenix Token to become 7.24% tomorrow 2022-09-30 and 7.94% on 2022-10-02;

We estimate the trading volume of Phoenix Token to amount to $14 221 tomorrow 2022-09-30 and $16 612 on 2022-10-02.

Our recommendation for the pair PHX/USD for tomorrow, 2022-09-30, to sell.

Phoenix Token(phx)week price prediction
2%
Price
Volatility
Capitalization
Volume
Aug 28Sep 04Sep 11Sep 18Sep 25Aug 28Sep 04Sep 11Sep 18Sep 250.001200.001400.001600.001800.002000.001200.001400.001600.001800.00200
Today's review

Market review from September 16 to September 22 : Phoenix Token gets a 6% price appreciation.

Between September 16 - September 22, Phoenix Token has been mostly as its price has been in the rising mode. The situation on the PHX market shows that the underlying asset is currently experiencing a period of medium volatility. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.

Latest reviews

Phoenix Token slid down by 2% last week (September 14 - September 20) as the sellers pushed back.

The price of Phoenix Token was falling last from September 14 until September 20, giving enough reason to conclude that the market is. The volatility associated with the PHX market was medium, as were its price fluctuations. There has been a rise in the market capitalization of the asset during the period under review. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.

The bleeding market: Phoenix Token loses 10% between September 12 and September 18 as the selling pressure grows.

The analysis of last week’s price action shows that the Phoenix Token market is in the bearish phase since the price has been moving downward. The volatility of PHX has been medium throughout the reviewed period in correspondence with the price action. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.

September 10 - September 16 market wrap: Phoenix Token had a slight 3% drop.

The price of Phoenix Token was falling last from September 10 until September 16, giving enough reason to conclude that the market is bearish. The volatility of PHX 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 rising. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.

Phoenix Token retraces by 5% in the period September 9 - September 15 as the market turns slightly bearish.

The price of Phoenix Token was falling last from September 9 until September 15, giving enough reason to conclude that the market is bearish. PHX has been going through a period of medium volatility, which fell in line with the occurred price changes. The market capitalization of the asset has been decreasing in concert with the price of the coin. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.

Phoenix Token market stayed flat from September 4 - September 10.

Phoenix Token portrayed neutral behavior last week, with no changes in the price. The price swings of PHX pointed to the presence of high volatility. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.

Buyers weakened their grip on the Phoenix Token market (September 3 - September 9) as the price rose only by 4%.

The upward movement of the Phoenix Token price last week indicates the chosen market is bearish. The volatility associated with the PHX market was high, as were its price fluctuations. 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.

A 23% drop on the Phoenix Token market last week (September 2 - September 8) signals that the sellers are gaining strength.

The price of Phoenix Token was falling last from September 2 until September 8, giving enough reason to conclude that the market is bearish. The price swings of PHX 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.

The capitulation of September 1 - September 7 : Phoenix Token experienced a 29% dive.

The price of Phoenix Token was falling last from September 1 until September 7, giving enough reason to conclude that the market is bearish. The volatility of PHX has been high throughout the reviewed period in correspondence with the price action. The market capitalization of the asset has been decreasing in concert with the price of the coin. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.

Red clouds gathered above the Phoenix Token market last week (August 31 - September 6) as the price went down by 10%.

Phoenix Token has been bearish last week as its price has been predominantly falling. The price swings of PHX pointed to the presence of high 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.

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