SilkChain(silk)market reviews and price predictions

SilkChain market statement for 2022-10-05

Yesterday the price of silk stood at $0.0002. The market capitalization of the asset was 0. SilkChain’s volatility was established at 1.25%. The trading volume of the coin reached $80 067.

SilkChain prognosis for the next days:

We estimate the price of SilkChain to be $0.0002 tomorrow 2022-10-08 and $0.0002 on 2022-10-14;

We estimate the market capitalization of SilkChain to reach 0 tomorrow 2022-10-08 and 0 on 2022-10-10;

We estimate the volatility of SilkChain to become 2.52% tomorrow 2022-10-08 and 2.11% on 2022-10-10;

We estimate the trading volume of SilkChain to amount to $42 018 tomorrow 2022-10-08 and $52 308 on 2022-10-10.

Our recommendation for the pair SILK/USD for tomorrow, 2022-10-08, to sell.

SilkChain(silk)week price prediction
3%
Price
Volatility
Capitalization
Volume
Sep 11Sep 18Sep 25Oct 02Oct 09Sep 11Sep 18Sep 25Oct 02Oct 090.0001450.0001500.0001550.0001600.0001650.0001700.0001750.0001800.0001450.0001500.0001550.0001600.0001650.0001700.0001750.000180
Today's review

SilkChain market outlook from September 29 - October 5 :the price surges by 11%.

The analysis of last week’s price action shows that the SilkChain market is in the phase since the price has been moving upward. The situation on the SILK market shows that the underlying asset is currently experiencing a period of medium volatility. 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.

Latest reviews

The bleeding market: SilkChain loses 10% between September 26 and October 2 as the selling pressure grows.

The analysis of last week’s price action shows that the SilkChain market is in the phase since the price has been moving downward. The volatility associated with the SILK market was medium, as were its price fluctuations. 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.

Slightly bearish : traders witnessed SilkChain moving down 1% from September 25 till October 1.

Between September 25 - October 1, SilkChain has been mostly as its price has been in the falling mode. The volatility associated with the SILK market was medium, as were its price fluctuations. 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.

Last week’s (September 24 - September 30) irresolute SilkChain : the price moved up no more than 1%.

SilkChain has been last week as its price has been predominantly rising. The volatility associated with the SILK market was medium, as were its price fluctuations. 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.

Down by 1% : The SilkChain market saw some bearish action last week (September 23 - September 29).

The bearish behavior of SilkChain last week was characterized by the occurrence of downswings. The volatility associated with the SILK market was medium, as were its price fluctuations. 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 response: The SilkChain price melts by 1% between September 22 and September 28.

Between September 22 - September 28, SilkChain has been mostly bearish as its price has been in the falling mode. The price swings of SILK pointed to the presence of medium volatility. 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.

The torpid SilkChain had its price rise only by 3% last week (September 21 - September 27).

The upward movement of the SilkChain price last week indicates the chosen market is. The situation on the SILK market shows that the underlying asset is currently experiencing a period of medium volatility. 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.

SilkChain slid down by 2% last week (September 19 - September 25) as the sellers pushed back.

The price of SilkChain was falling last from September 19 until September 25, giving enough reason to conclude that the market is bearish. The situation on the SILK market shows that the underlying asset is currently experiencing a period of medium volatility. 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.

Slightly bearish : traders witnessed SilkChain moving down 4% from September 16 till September 22.

The downward movement of the SilkChain price last week indicates the chosen market is. The price swings of SILK pointed to the presence of medium volatility. 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.

Reservedly bullish : the price of SilkChain grew by 9% in the period of September 9 - September 15.

The price of SilkChain was rising last from September 9 until September 15, giving enough reason to conclude that the market is. SILK was caught in a period of low volatility, which was reflected in its price action. 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.

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