Solend(slnd)market reviews and price predictions
Solend market statement for 2023-03-22
Yesterday the price of slnd stood at $0.37. The market capitalization of the asset was $12 211 624. Solend’s volatility was established at 1.18%. The trading volume of the coin reached $31 987.
Solend prognosis for the next days:
We estimate the price of Solend to be $0.36 tomorrow 2023-03-25 and $0.36 on 2023-03-31;
We estimate the market capitalization of Solend to reach $12 349 486 tomorrow 2023-03-25 and $12 286 807 on 2023-03-27;
We estimate the volatility of Solend to become 1.13% tomorrow 2023-03-25 and 0.93% on 2023-03-27;
We estimate the trading volume of Solend to amount to $29 475 tomorrow 2023-03-25 and $28 888 on 2023-03-27.
Our recommendation for the pair SLND/USD for tomorrow, 2023-03-25, to sell.
March 16 - March 22 market wrap: Solend had a slight 2% drop.
The downward movement of the Solend price last week indicates the chosen market is. The price swings of SLND pointed to the presence of low volatility. 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.
Market analysis March 11 - March 17 : Solend posts a 19% rally.
Between March 11 - March 17, Solend has been mostly as its price has been in the rising mode. SLND has been going through a period of medium volatility, which fell in line with the occurred price changes. 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.
Slightly bearish : traders witnessed Solend moving down 3% from February 23 till March 1.
The analysis of last week’s price action shows that the Solend market is in the phase since the price has been moving downward. The situation on the SLND market shows that the underlying asset is currently experiencing a period of low volatility. The price action on the coin's market translated to the decline of market capitalization. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
Slightly bearish : traders witnessed Solend moving down 3% from February 7 till February 13.
The analysis of last week’s price action shows that the Solend market is in the bearish phase since the price has been moving downward. The situation on the SLND market shows that the underlying asset is currently experiencing a period of low 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.
Solend market stayed flat from February 6 - February 12.
Solend portrayed neutral behavior last week, with no changes in the price. The volatility associated with the SLND market was low, as were its price fluctuations. 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.
Last week’s (February 4 - February 10) irresolute Solend : the price moved up no more than 3%.
The upward movement of the Solend price last week indicates the chosen market is. The price swings of SLND pointed to the presence of low volatility. 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.
February 2 - February 8 price action review: Solend goes down by 6%.
The downward movement of the Solend price last week indicates the chosen market is bearish. The situation on the SLND market shows that the underlying asset is currently experiencing a period of low 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.
January 29 - February 4 market wrap: Solend had a slight 3% drop.
Solend has been last week as its price has been predominantly falling. The volatility associated with the SLND market was low, as were its price fluctuations. The price action on the coin's market translated to the growth of market capitalization. The price action of the crypto coin last week took place on the back of increased trading volume.
Slightly bearish : traders witnessed Solend moving down 3% from January 27 till February 2.
The downward movement of the Solend price last week indicates the chosen market is. SLND has been going through a period of low 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 falling. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
Bearish price action on January 23 to January 29 resulted in Solend by 6%.
The downward movement of the Solend price last week indicates the chosen market is. The situation on the SLND market shows that the underlying asset is currently experiencing a period of low volatility. 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.