SocialGood(sg)market reviews and price predictions
SocialGood market statement for 2023-05-27
Yesterday the price of sg stood at $0.02. The market capitalization of the asset was $347 808. SocialGood’s volatility was established at 2.74%. The trading volume of the coin reached $398 480.
SocialGood prognosis for the next days:
We estimate the price of SocialGood to be $0.02 tomorrow 2023-06-04 and $0.02 on 2023-06-10;
We estimate the market capitalization of SocialGood to reach $368 632 tomorrow 2023-06-04 and $361 065 on 2023-06-06;
We estimate the volatility of SocialGood to become 3.71% tomorrow 2023-06-04 and 3.99% on 2023-06-06;
We estimate the trading volume of SocialGood to amount to $391 263 tomorrow 2023-06-04 and $394 493 on 2023-06-06.
Our recommendation for the pair SG/USD for tomorrow, 2023-06-04, to buy.
The bleeding market: SocialGood loses 10% between May 21 and May 27 as the selling pressure grows.
The analysis of last week’s price action shows that the SocialGood market is in the bearish phase since the price has been moving downward. The volatility of SG 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 past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
May 20 - May 26 market wrap: SocialGood had a slight 4% drop.
The price of SocialGood was falling last from May 20 until May 26, giving enough reason to conclude that the market is bearish. The volatility of SG 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. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
SocialGood retraces by 1% in the period May 19 - May 25 as the market turns slightly bearish.
The behavior of SocialGood last week was characterized by the occurrence of downswings. The situation on the SG market shows that the underlying asset is currently experiencing a period of medium volatility. The market capitalization of the asset has been decreasing in concert with the price of the coin. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
Slightly bearish : traders witnessed SocialGood moving down 3% from May 12 till May 18.
SocialGood has been bearish last week as its price has been predominantly falling. The volatility of SG has been medium throughout the reviewed period in correspondence with the 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.
Slightly bearish : traders witnessed SocialGood moving down 3% from May 12 till May 18.
The analysis of last week’s price action shows that the SocialGood market is in the bearish phase since the price has been moving downward. SG was caught in a period of medium 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.
Slightly bearish : traders witnessed SocialGood moving down 3% from May 12 till May 18.
The analysis of last week’s price action shows that the SocialGood market is in the bearish phase since the price has been moving downward. SG has been going through a period of medium volatility, which fell in line with the occurred price changes. 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 3% : The SocialGood market saw some bearish action last week (May 12 - May 18).
The analysis of last week’s price action shows that the SocialGood market is in the bearish phase since the price has been moving downward. SG has been going through a period of medium volatility, which fell in line with the occurred price changes. 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.
Buyers weakened their grip on the SocialGood market (May 11 - May 17) as the price rose only by 3%.
The price of SocialGood was rising last from May 11 until May 17, giving enough reason to conclude that the market is. SG 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.
May 11 - May 17 price action recap: SocialGood sees a weak 3% gain as the buyers take a step back.
Between May 11 - May 17, SocialGood has been mostly as its price has been in the rising mode. SG 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 falling. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
May 9 - May 15 market wrap: SocialGood had a slight 4% drop.
The price of SocialGood was falling last from May 9 until May 15, giving enough reason to conclude that the market is bearish. SG was caught in a period of medium volatility, which was reflected in its 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 from last week stemmed from the decreasing trading volume.