Shiden Network(sdn)market reviews and price predictions
Shiden Network market statement for 2023-02-01
Yesterday the price of sdn stood at $0.44. The market capitalization of the asset was $25 318 001. Shiden Network’s volatility was established at 2.41%. The trading volume of the coin reached $192 072.
Shiden Network prognosis for the next days:
We estimate the price of Shiden Network to be $0.44 tomorrow 2023-02-05 and $0.41 on 2023-02-11;
We estimate the market capitalization of Shiden Network to reach $24 442 246 tomorrow 2023-02-05 and $24 998 229 on 2023-02-07;
We estimate the volatility of Shiden Network to become 5.1% tomorrow 2023-02-05 and 3.27% on 2023-02-07;
We estimate the trading volume of Shiden Network to amount to $305 970 tomorrow 2023-02-05 and $261 362 on 2023-02-07.
Our recommendation for the pair SDN/USD for tomorrow, 2023-02-05, to sell.
Restrained price action on January 26 to February 1 as Shiden Network moves up by only 4%.
The price of Shiden Network was rising last from January 26 until February 1, giving enough reason to conclude that the market is bullish. SDN 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. The price action of the crypto coin last week took place on the back of increased trading volume.
The bulls muster more strength as Shiden Network rises by 13% from January 25 to January 31.
Shiden Network has been bullish last week as its price has been predominantly rising. The price swings of SDN pointed to the presence of medium volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
Shiden Network showed a moderate 8% growth between January 22 and January 28.
Between January 22 - January 28, Shiden Network has been mostly bullish as its price has been in the rising mode. The volatility associated with the SDN market was medium, as were its price fluctuations. 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.
Shiden Network exploded by 15% in the period of January 18 - January 24 as the buyers got an upper hand.
The price of Shiden Network was rising last from January 18 until January 24, giving enough reason to conclude that the market is bullish. The volatility associated with the SDN 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 price action of the crypto coin last week took place on the back of increased trading volume.
Shiden Network market outlook from January 16 - January 22 :the price surges by 18%.
Between January 16 - January 22, Shiden Network has been mostly bullish as its price has been in the rising mode. The volatility of SDN 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.
Bearish response: The Shiden Network price melts by 2% between January 14 and January 20.
The behavior of Shiden Network last week was characterized by the occurrence of downswings. SDN 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 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 Shiden Network market (January 7 - January 13) as the price rose only by 3%.
Between January 7 - January 13, Shiden Network has been mostly as its price has been in the rising mode. The volatility associated with the SDN market was medium, as were its price fluctuations. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. The price action of the crypto coin last week took place on the back of increased trading volume.
Buyers weakened their grip on the Shiden Network market (January 7 - January 13) as the price rose only by 3%.
The analysis of last week’s price action shows that the Shiden Network market is in the phase since the price has been moving upward. The volatility of SDN has been medium throughout the reviewed period in correspondence with the price action. The asset saw its market capitalization growing over the reviewed period together with its price. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.
Shiden Network sees limited 2% gains between January 6 and January 12 as the market cools down.
The price of Shiden Network was rising last from January 6 until January 12, giving enough reason to conclude that the market is. The situation on the SDN market shows that the underlying asset is currently experiencing a period of medium volatility. The market capitalization of the asset has been increasing in concert with the price of the coin. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
Last week’s (January 4 - January 10) irresolute Shiden Network : the price moved up no more than 2%.
The analysis of last week’s price action shows that the Shiden Network market is in the phase since the price has been moving upward. SDN 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. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.