Scallop(sclp)market reviews and price predictions
Scallop market statement for 2023-05-30
Yesterday the price of sclp stood at $0.2. The market capitalization of the asset was $11 315 166. Scallop’s volatility was established at 14.27%. The trading volume of the coin reached $1 257 748.
Scallop prognosis for the next days:
We estimate the price of Scallop to be $0.17 tomorrow 2023-06-02 and $0.18 on 2023-06-08;
We estimate the market capitalization of Scallop to reach $11 261 201 tomorrow 2023-06-02 and $11 204 692 on 2023-06-04;
We estimate the volatility of Scallop to become 1.66% tomorrow 2023-06-02 and 3.45% on 2023-06-04;
We estimate the trading volume of Scallop to amount to $1 285 497 tomorrow 2023-06-02 and $1 236 291 on 2023-06-04.
Our recommendation for the pair SCLP/USD for tomorrow, 2023-06-02, to sell.
Scallop exploded by 11% in the period of May 24 - May 30 as the buyers got an upper hand.
The price of Scallop was rising last from May 24 until May 30, giving enough reason to conclude that the market is. SCLP 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 falling. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
A 11% drop on the Scallop market last week (May 19 - May 25) signals that the sellers are gaining strength.
The downward movement of the Scallop price last week indicates the chosen market is bearish. The situation on the SCLP market shows that the underlying asset is currently experiencing a period of low volatility. The market capitalization of the asset has been decreasing in concert with the price of the coin. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
Down by 1% : The Scallop market saw some bearish action last week (May 14 - May 20).
The price of Scallop was falling last from May 14 until May 20, giving enough reason to conclude that the market is. SCLP was caught in a period of medium volatility, which was reflected in its 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.
The bullish pressure subsides between May 9 and May 15 as Scallop gains only 1%.
The price of Scallop was rising last from May 9 until May 15, giving enough reason to conclude that the market is. SCLP has been going through a period of low volatility, which fell in line with the occurred price changes. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
Restrained price action on May 9 to May 15 as Scallop moves up by only 1%.
The analysis of last week’s price action shows that the Scallop market is in the phase since the price has been moving upward. The volatility associated with the SCLP market was low, 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.
The market crumbled last week (May 4 - May 10) as Scallop lost 17%.
Scallop has been bearish last week as its price has been predominantly falling. SCLP has been going through a period of medium volatility, which fell in line with the occurred price changes. There has been a fall in the market capitalization of the asset during the period under review. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
The May 1 - 7 market report: Scallop plunges by 15% as sellers apply more pressure.
The bearish behavior of Scallop last week was characterized by the occurrence of downswings. SCLP has been going through a period of medium volatility, which fell in line with the occurred price changes. There has been a fall in the market capitalization of the asset during the period under review. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Scallop analysis May 1 - May 7 : bears in all-out attack as the price collapses by 15%.
The downward movement of the Scallop price last week indicates the chosen market is bearish. SCLP has been going through a period of medium volatility, which fell in line with the occurred price changes. 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.
Scallop analysis April 30 - May 6 : bears in all-out attack as the price collapses by 20%.
The downward movement of the Scallop price last week indicates the chosen market is bearish. SCLP has been going through a period of medium volatility, which fell in line with the occurred price changes. 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.
Scallop analysis April 30 - May 6 : bears in all-out attack as the price collapses by 20%.
Between April 30 - May 6, Scallop has been mostly bearish as its price has been in the falling mode. The price swings of SCLP pointed to the presence of medium volatility. The price action on the coin's market translated to the decline of market capitalization. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.