Scallop(sclp)market reviews and price predictions

Scallop market statement for 2023-01-31

Yesterday the price of sclp stood at $0.18. The market capitalization of the asset was $8 710 937. Scallop’s volatility was established at 1.25%. The trading volume of the coin reached $173 073.

Scallop prognosis for the next days:

We estimate the price of Scallop to be $0.18 tomorrow 2023-02-07 and $0.17 on 2023-02-13;

We estimate the market capitalization of Scallop to reach $7 904 673 tomorrow 2023-02-07 and $8 324 431 on 2023-02-09;

We estimate the volatility of Scallop to become 6.5% tomorrow 2023-02-07 and 4.22% on 2023-02-09;

We estimate the trading volume of Scallop to amount to $139 787 tomorrow 2023-02-07 and $167 660 on 2023-02-09.

Our recommendation for the pair SCLP/USD for tomorrow, 2023-02-07, to sell.

Scallop(sclp)week price prediction
8%
Price
Volatility
Capitalization
Volume
2023Jan 08Jan 15Jan 22Jan 29Feb 052023Jan 08Jan 15Jan 22Jan 29Feb 050.1200.1300.1400.1500.1600.1700.1800.1200.1300.1400.1500.1600.1700.180
Today's review

Market analysis January 25 - January 31 : Scallop posts a 23% rally.

The price of Scallop was rising last from January 25 until January 31, giving enough reason to conclude that the market is bullish. SCLP was caught in a period of medium volatility, which was reflected in its price action. There has been a rise in the market capitalization of the asset during the period under review. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.

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Scallop exploded by 14% in the period of January 22 - January 28 as the buyers got an upper hand.

The analysis of last week’s price action shows that the Scallop market is in the bullish phase since the price has been moving upward. The price swings of SCLP pointed to the presence of medium volatility. The price action on the coin's market translated to the growth of market capitalization. The price action of the crypto coin from last week stemmed from the increasing trading volume.

Scallop showed a moderate 8% growth between January 21 and January 27.

Between January 21 - January 27, Scallop has been mostly bullish as its price has been in the rising mode. The volatility of SCLP 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. The price action of the crypto coin from last week stemmed from the increasing trading volume.

Reservedly bullish : the price of Scallop grew by 7% in the period of January 18 - January 24.

Between January 18 - January 24, Scallop has been mostly bullish as its price has been in the rising mode. The price swings of SCLP pointed to the presence of medium volatility. There has been a rise in the market capitalization of the asset during the period under review. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.

A 15% drop on the Scallop market last week (January 14 - January 20) signals that the sellers are gaining strength.

The price of Scallop was falling last from January 14 until January 20, giving enough reason to conclude that the market is. The situation on the SCLP market shows that the underlying asset is currently experiencing a period of medium volatility. The market capitalization of the asset has been decreasing in concert with the price of the coin. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.

Bearish price action on January 12 to January 18 resulted in Scallop by 7%.

The price of Scallop was falling last from January 12 until January 18, giving enough reason to conclude that the market is. The price swings of SCLP pointed to the presence of medium volatility. 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.

Scallop market outlook from January 10 - January 16 :the price surges by 20%.

Scallop has been bullish last week as its price has been predominantly rising. The price swings of SCLP pointed to the presence of medium volatility. The asset saw its market capitalization growing over the reviewed period together with its price. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.

Scallop market outlook from January 5 - January 11 :the price surges by 24%.

The analysis of last week’s price action shows that the Scallop market is in the phase since the price has been moving upward. SCLP was caught in a period of medium volatility, which was reflected in its price action. The asset saw its market capitalization growing over the reviewed period together with its price. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.

Bearish response: The Scallop price melts by 3% between January 2 and January 8.

The bearish behavior of Scallop last week was characterized by the occurrence of downswings. The situation on the SCLP market shows that the underlying asset is currently experiencing a period of low volatility. 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.

The bears stepped up a gear on December 31 - January 6, dropping the price of Scallop by 8%.

The downward movement of the Scallop price last week indicates the chosen market is bearish. The volatility associated with the SCLP market was medium, as were its price fluctuations. The price action on the coin's market translated to the decline of market capitalization. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.

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