Snowswap(SNOW)market reviews and price predictions

Snowswap market statement for 2022-12-07

Yesterday the price of SNOW stood at $0.45. The market capitalization of the asset was $153 793. Snowswap’s volatility was established at 3.6%. The trading volume of the coin reached $15 242.

Snowswap prognosis for the next days:

We estimate the price of Snowswap to be $0.43 tomorrow 2022-12-10 and $0.44 on 2022-12-16;

We estimate the market capitalization of Snowswap to reach $154 601 tomorrow 2022-12-10 and $156 100 on 2022-12-12;

We estimate the volatility of Snowswap to become 6.59% tomorrow 2022-12-10 and 7.5% on 2022-12-12;

We estimate the trading volume of Snowswap to amount to $8 228 tomorrow 2022-12-10 and $10 295 on 2022-12-12.

Our recommendation for the pair SNOW/USD for tomorrow, 2022-12-10, to sell.

Snowswap(SNOW)week price prediction
2%
Price
Volatility
Capitalization
Volume
Nov 13Nov 20Nov 27Dec 04Dec 11Nov 13Nov 20Nov 27Dec 04Dec 110.400.420.440.460.480.500.520.400.420.440.460.480.500.52
Today's review

The bullish pressure subsides between December 1 and December 7 as Snowswap gains only 4%.

The analysis of last week’s price action shows that the Snowswap market is in the phase since the price has been moving upward. The price swings of SNOW pointed to the presence of high volatility. 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.

Latest reviews

Buyers weakened their grip on the Snowswap market (December 1 - December 7) as the price rose only by 4%.

The behavior of Snowswap last week was characterized by the occurrence of upswings. SNOW has been going through a period of high volatility, which fell in line with the occurred price changes. 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.

Last week’s (November 25 - December 1) irresolute Snowswap : the price moved up no more than 2%.

Between November 25 - December 1, Snowswap has been mostly as its price has been in the rising mode. SNOW was caught in a period of low volatility, which was reflected in its price action. The price action on the coin's market translated to the growth of market capitalization. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.

The bullish pressure subsides between November 23 and November 29 as Snowswap gains only 1%.

Snowswap has been last week as its price has been predominantly rising. The situation on the SNOW market shows that the underlying asset is currently experiencing a period of low volatility. The market capitalization of the asset has been increasing in concert with the price of the coin. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.

The torpid Snowswap had its price rise only by 5% last week (November 22 - November 28).

The upward movement of the Snowswap price last week indicates the chosen market is. The price swings of SNOW pointed to the presence of low volatility. The asset saw its market capitalization growing over the reviewed period together with its price. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.

A 8% price increase last week (November 21 - November 27) confirms the bullishness of Snowswap.

Snowswap has been last week as its price has been predominantly rising. The situation on the SNOW market shows that the underlying asset is currently experiencing a period of medium volatility. The price action on the coin's market translated to the growth of market capitalization. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.

Slightly bearish : traders witnessed Snowswap moving down 3% from November 19 till November 25.

The bearish behavior of Snowswap last week was characterized by the occurrence of downswings. The volatility of SNOW has been medium throughout the reviewed period in correspondence with the price action. 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.

Red clouds gathered above the Snowswap market last week (November 17 - November 23) as the price went down by 6%.

The analysis of last week’s price action shows that the Snowswap market is in the bearish phase since the price has been moving downward. SNOW was caught in a period of medium volatility, which was reflected in its 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.

The bleeding market: Snowswap loses 10% between November 16 and November 22 as the selling pressure grows.

The price of Snowswap was falling last from November 16 until November 22, giving enough reason to conclude that the market is bearish. The volatility of SNOW has been medium throughout the reviewed period in correspondence with the price action. The asset saw its market capitalization falling over the reviewed period together with its price. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.

November 14 - November 20 price action review: Snowswap goes down by 7%.

The bearish behavior of Snowswap last week was characterized by the occurrence of downswings. The price swings of SNOW pointed to the presence of low volatility. The market capitalization of the asset has been decreasing in concert with the price of the coin. 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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