Polkadex(pdex)market reviews and price predictions
Polkadex market statement for 2023-01-20
Yesterday the price of pdex stood at $1.37. The market capitalization of the asset was $9 906 049. Polkadex’s volatility was established at 0%. The trading volume of the coin reached $242 178.
Polkadex prognosis for the next days:
We estimate the price of Polkadex to be $1.35 tomorrow 2023-01-27 and $1.4 on 2023-02-02;
We estimate the market capitalization of Polkadex to reach $10 089 047 tomorrow 2023-01-27 and $10 077 216 on 2023-01-29;
We estimate the volatility of Polkadex to become 1.81% tomorrow 2023-01-27 and 1.14% on 2023-01-29;
We estimate the trading volume of Polkadex to amount to $324 773 tomorrow 2023-01-27 and $289 871 on 2023-01-29.
Our recommendation for the pair PDEX/USD for tomorrow, 2023-01-27, to buy.
The bullish pressure subsides between January 14 and January 20 as Polkadex gains only 1%.
Polkadex has been bearish last week as its price has been predominantly rising. The volatility associated with the PDEX market was low, as were its price fluctuations. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The price action of the crypto coin last week took place on the back of decreased trading volume.
Slightly bearish : traders witnessed Polkadex moving down 3% from January 7 till January 13.
The price of Polkadex was falling last from January 7 until January 13, giving enough reason to conclude that the market is bearish. The volatility associated with the PDEX market was low, as were its price fluctuations. The asset saw its market capitalization falling over the reviewed period together with its price. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Polkadex sees limited 2% gains between January 1 and January 7 as the market cools down.
The behavior of Polkadex last week was characterized by the occurrence of upswings. PDEX 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 increasing in concert with the price of the coin. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.
Down by 1% : The Polkadex market saw some bearish action last week (December 27 - January 2).
The analysis of last week’s price action shows that the Polkadex market is in the bearish phase since the price has been moving downward. The situation on the PDEX 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 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.
Bearish response: The Polkadex price melts by 4% between December 20 and December 26.
The downward movement of the Polkadex price last week indicates the chosen market is. The volatility associated with the PDEX 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. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
Restrained price action on December 18 to December 24 as Polkadex moves up by only 2%.
Between December 18 - December 24, Polkadex has been mostly as its price has been in the rising mode. PDEX has been going through a period of medium volatility, which fell in line with the occurred price changes. 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.
Polkadex sees limited 2% gains between December 16 and December 22 as the market cools down.
Between December 16 - December 22, Polkadex has been mostly as its price has been in the rising mode. PDEX 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 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.
The torpid Polkadex had its price rise only by 1% last week (December 14 - December 20).
The price of Polkadex was rising last from December 14 until December 20, giving enough reason to conclude that the market is bullish. The volatility of PDEX 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.
The bears stepped up a gear on December 12 - December 18, dropping the price of Polkadex by 8%.
Polkadex has been last week as its price has been predominantly falling. The volatility associated with the PDEX 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 trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
A 11% drop on the Polkadex market last week (December 10 - December 16) signals that the sellers are gaining strength.
The behavior of Polkadex last week was characterized by the occurrence of downswings. The volatility associated with the PDEX market was low, 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.