Skycoin(sky)market reviews and price predictions
Skycoin market statement for 2023-03-18
Yesterday the price of sky stood at $0.13. The market capitalization of the asset was $2 907 406. Skycoin’s volatility was established at 2.99%. The trading volume of the coin reached $1 927.
Skycoin prognosis for the next days:
We estimate the price of Skycoin to be $0.12 tomorrow 2023-03-27 and $0.12 on 2023-04-02;
We estimate the market capitalization of Skycoin to reach $2 516 663 tomorrow 2023-03-27 and $2 667 328 on 2023-03-29;
We estimate the volatility of Skycoin to become 7.64% tomorrow 2023-03-27 and 5.36% on 2023-03-29;
We estimate the trading volume of Skycoin to amount to $1 731 tomorrow 2023-03-27 and $1 824 on 2023-03-29.
Our recommendation for the pair SKY/USD for tomorrow, 2023-03-27, to sell.
March 12 - March 18 market watch: Skycoin goes up by 16% as buying pressure persists.
Between March 12 - March 18, Skycoin has been mostly bullish as its price has been in the rising mode. SKY was caught in a period of medium volatility, which was reflected in its price action. The market capitalization of the asset has been increasing in concert with the price of the coin. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
Skycoin market stayed flat from March 6 - March 12.
Skycoin portrayed neutral behavior last week, with no changes in the price. SKY was caught in a period of medium volatility, which was reflected in its price action. The asset saw its market capitalization falling over the reviewed period together with its price. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
Skycoin lost 9% in the period March 5 - March 11 as a result of selling pressure.
The analysis of last week’s price action shows that the Skycoin market is in the bearish phase since the price has been moving downward. The volatility associated with the SKY market was medium, as were its price fluctuations. The asset saw its market capitalization falling over the reviewed period together with its price. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
March 4 - March 10 price action review: Skycoin goes down by 9%.
Skycoin has been bearish last week as its price has been predominantly falling. The volatility of SKY has been medium throughout the reviewed period in correspondence with the price action. There has been a fall in the market capitalization of the asset during the period under review. The price action of the crypto coin last week took place on the back of decreased trading volume.
Bearish response: The Skycoin price melts by 5% between March 1 and March 7.
Between March 1 - March 7, Skycoin has been mostly as its price has been in the falling mode. The volatility of SKY has been low throughout the reviewed period in correspondence with the price action. The market capitalization of the asset has been decreasing in concert with the price of the coin. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Bearish price action on February 18 to February 24 resulted in Skycoin by 6%.
The analysis of last week’s price action shows that the Skycoin market is in the bearish phase since the price has been moving downward. The situation on the SKY 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 decreased market capitalization of the said digital asset. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
The bears stepped up a gear on February 16 - February 22, dropping the price of Skycoin by 6%.
The analysis of last week’s price action shows that the Skycoin market is in the phase since the price has been moving downward. The situation on the SKY market shows that the underlying asset is currently experiencing a period of medium volatility. 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.
Skycoin exploded by 20% in the period of February 14 - February 20 as the buyers got an upper hand.
The upward movement of the Skycoin price last week indicates the chosen market is. The price swings of SKY 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.
The bulls muster more strength as Skycoin rises by 20% from February 14 to February 20.
Skycoin has been last week as its price has been predominantly rising. The volatility of SKY 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.
The February 8 - 14 market report: Skycoin plunges by 28% as sellers apply more pressure.
Between February 8 - February 14, Skycoin has been mostly bearish as its price has been in the falling mode. The price swings of SKY pointed to the presence of high volatility. There has been a fall in the market capitalization of the asset during the period under review. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.