Niftyx Protocol(shroom)market reviews and price predictions
Niftyx Protocol market statement for 2023-05-16
Yesterday the price of shroom stood at $0.04. The market capitalization of the asset was $2 215 179. Niftyx Protocol’s volatility was established at 1.04%. The trading volume of the coin reached $25 011.
Niftyx Protocol prognosis for the next days:
We estimate the price of Niftyx Protocol to be $0.04 tomorrow 2023-06-02 and $0.04 on 2023-06-08;
We estimate the market capitalization of Niftyx Protocol to reach $2 092 448 tomorrow 2023-06-02 and $2 084 136 on 2023-06-04;
We estimate the volatility of Niftyx Protocol to become 8.9% tomorrow 2023-06-02 and 8.62% on 2023-06-04;
We estimate the trading volume of Niftyx Protocol to amount to $26 758 tomorrow 2023-06-02 and $26 768 on 2023-06-04.
Our recommendation for the pair SHROOM/USD for tomorrow, 2023-06-02, to hold.
May 10 - May 16 price action recap: Niftyx Protocol sees a weak 1% gain as the buyers take a step back.
Niftyx Protocol has been bullish last week as its price has been predominantly rising. SHROOM 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 price action of the crypto coin from last week stemmed from the increasing trading volume.
The bears stepped up a gear on May 8 - May 14, dropping the price of Niftyx Protocol by 7%.
The analysis of last week’s price action shows that the Niftyx Protocol market is in the phase since the price has been moving downward. The situation on the SHROOM market shows that the underlying asset is currently experiencing a period of medium volatility. 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.
The bears stepped up a gear on May 8 - May 14, dropping the price of Niftyx Protocol by 7%.
Between May 8 - May 14, Niftyx Protocol has been mostly as its price has been in the falling mode. SHROOM 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 price action of the crypto coin last week took place on the back of increased trading volume.
Niftyx Protocol lost 7% in the period May 8 - May 14 as a result of selling pressure.
Between May 8 - May 14, Niftyx Protocol has been mostly as its price has been in the falling mode. The volatility of SHROOM has been medium throughout the reviewed period in correspondence with the price action. 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.
Niftyx Protocol lost 10% in the period May 5 - May 11 as a result of selling pressure.
The price of Niftyx Protocol was falling last from May 5 until May 11, giving enough reason to conclude that the market is. The volatility of SHROOM 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.
May 2 - May 8 price action review: Niftyx Protocol goes down by 9%.
The behavior of Niftyx Protocol last week was characterized by the occurrence of downswings. The volatility of SHROOM has been high 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 price action of the crypto coin from last week stemmed from the decreasing trading volume.
Niftyx Protocol showed a moderate 7% growth between May 1 and May 7.
The bullish behavior of Niftyx Protocol last week was characterized by the occurrence of upswings. The volatility of SHROOM has been high throughout the reviewed period in correspondence with the price action. 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.
Buyers kept pushing the Niftyx Protocol market to the upside between May 1 and May 7 as the price increased by 7%.
The upward movement of the Niftyx Protocol price last week indicates the chosen market is bullish. The situation on the SHROOM market shows that the underlying asset is currently experiencing a period of high volatility. There has been a rise in the market capitalization of the asset during the period under review. 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 April 30 and May 6 as Niftyx Protocol gains only 1%.
Between April 30 - May 6, Niftyx Protocol has been mostly bullish as its price has been in the rising mode. The volatility associated with the SHROOM market was high, 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 from last week stemmed from the increasing trading volume.
Niftyx Protocol exploded by 79% in the period of April 28 - May 4 as the buyers got an upper hand.
The upward movement of the Niftyx Protocol price last week indicates the chosen market is bullish. The volatility associated with the SHROOM market was high, as were its price fluctuations. 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.