Qbao(qbt)market reviews and price predictions
Qbao market statement for 2023-01-26
Yesterday the price of qbt stood at $0.002. The market capitalization of the asset was $148 113. Qbao’s volatility was established at 2.93%. The trading volume of the coin reached $15 554.
Qbao prognosis for the next days:
We estimate the price of Qbao to be $0.002 tomorrow 2023-02-05 and $0.002 on 2023-02-11;
We estimate the market capitalization of Qbao to reach $148 371 tomorrow 2023-02-05 and $148 702 on 2023-02-07;
We estimate the volatility of Qbao to become 2.5% tomorrow 2023-02-05 and 2.86% on 2023-02-07;
We estimate the trading volume of Qbao to amount to $15 584 tomorrow 2023-02-05 and $15 571 on 2023-02-07.
Our recommendation for the pair QBT/USD for tomorrow, 2023-02-05, to hold.
Last week’s (January 20 - January 26) irresolute Qbao : the price moved up no more than 5%.
The price of Qbao was rising last from January 20 until January 26, giving enough reason to conclude that the market is bullish. The volatility associated with the QBT market was medium, as were its price fluctuations. The asset saw its market capitalization growing over the reviewed period together with its price. The price action of the crypto coin last week took place on the back of increased trading volume.
Restrained price action on January 19 to January 25 as Qbao moves up by only 2%.
The behavior of Qbao last week was characterized by the occurrence of upswings. QBT was caught in a period of medium volatility, which was reflected in its price action. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Qbao market stayed flat from January 18 - January 24.
Qbao portrayed neutral behavior last week, with no changes in the price. The volatility associated with the QBT market was medium, as were its price fluctuations. The price action on the coin's market translated to the growth of market capitalization. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
Reservedly bullish : the price of Qbao grew by 7% in the period of January 17 - January 23.
The price of Qbao was rising last from January 17 until January 23, giving enough reason to conclude that the market is bullish. The volatility of QBT has been low 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. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
The buyers controlled the Qbao market between January 15 and January 21 as the price grew by 7%.
The bullish behavior of Qbao last week was characterized by the occurrence of upswings. QBT 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.
Bearish price action on January 10 to January 16 resulted in Qbao by 8%.
Qbao has been bullish last week as its price has been predominantly falling. The volatility of QBT has been medium throughout the reviewed period in correspondence with the 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.
Qbao sees limited 3% gains between January 6 and January 12 as the market cools down.
Qbao has been last week as its price has been predominantly rising. The volatility associated with the QBT market was medium, as were its price fluctuations. The market capitalization of the asset has been increasing in concert with the price of the coin. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.
The torpid Qbao had its price rise only by 3% last week (January 5 - January 11).
The analysis of last week’s price action shows that the Qbao market is in the phase since the price has been moving upward. QBT was caught in a period of medium 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. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
December 30 - January 5 market wrap: Qbao had a slight 1% drop.
The behavior of Qbao last week was characterized by the occurrence of downswings. The volatility associated with the QBT market was medium, as were its price fluctuations. There has been a fall in the market capitalization of the asset during the period under review. The price action of the crypto coin last week took place on the back of decreased trading volume.
A 6% price increase last week (December 29 - January 4) confirms the bullishness of Qbao.
The upward movement of the Qbao price last week indicates the chosen market is bullish. QBT was caught in a period of medium volatility, which was reflected in its price action. 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.