Spherium(sphri)market reviews and price predictions
Spherium market statement for 2023-05-29
Yesterday the price of sphri stood at $0.02. The market capitalization of the asset was $356 673. Spherium’s volatility was established at 0.71%. The trading volume of the coin reached $13 777.
Spherium prognosis for the next days:
We estimate the price of Spherium to be $0.02 tomorrow 2023-06-02 and $0.02 on 2023-06-08;
We estimate the market capitalization of Spherium to reach $357 718 tomorrow 2023-06-02 and $355 674 on 2023-06-04;
We estimate the volatility of Spherium to become 1.56% tomorrow 2023-06-02 and 0.84% on 2023-06-04;
We estimate the trading volume of Spherium to amount to $7 358 tomorrow 2023-06-02 and $10 478 on 2023-06-04.
Our recommendation for the pair SPHRI/USD for tomorrow, 2023-06-02, to buy.
Buyers weakened their grip on the Spherium market (May 23 - May 29) as the price rose only by 2%.
Between May 23 - May 29, Spherium has been mostly bearish as its price has been in the rising mode. SPHRI has been going through a period of low volatility, which fell in line with the occurred price changes. The market capitalization of the asset has been decreasing in concert with the price of the coin. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
Spherium retraces by 3% in the period May 22 - May 28 as the market turns slightly bearish.
Spherium has been last week as its price has been predominantly falling. The volatility associated with the SPHRI market was low, 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 Spherium moving down 1% from May 18 till May 24.
Spherium has been bearish last week as its price has been predominantly falling. The situation on the SPHRI 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.
Bearish price action on May 15 to May 21 resulted in Spherium by 7%.
Spherium has been bearish last week as its price has been predominantly falling. The volatility associated with the SPHRI market was high, as were its price fluctuations. The asset saw its market capitalization growing over the reviewed period together with its price. The price action of the crypto coin last week took place on the back of increased trading volume.
May 15 - May 21 price action review: Spherium goes down by 7%.
The bearish behavior of Spherium last week was characterized by the occurrence of downswings. SPHRI was caught in a period of high volatility, which was reflected in its price action. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.
The bears had a field day between May 7 and May 13 as Spherium got knocked down by 13%.
The analysis of last week’s price action shows that the Spherium market is in the bearish phase since the price has been moving downward. The volatility associated with the SPHRI market was medium, as were its price fluctuations. 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.
Spherium analysis May 7 - May 13 : bears in all-out attack as the price collapses by 13%.
The analysis of last week’s price action shows that the Spherium market is in the bearish phase since the price has been moving downward. The volatility associated with the SPHRI market was medium, as were its price fluctuations. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
The market crumbled last week (May 7 - May 13) as Spherium lost 13%.
The downward movement of the Spherium price last week indicates the chosen market is bearish. SPHRI was caught in a period of medium volatility, which was reflected in its price action. The price action on the coin's market translated to the decline of market capitalization. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
The capitulation of May 6 - May 12 : Spherium experienced a 11% dive.
Spherium has been bearish last week as its price has been predominantly falling. The volatility associated with the SPHRI market was medium, as were its price fluctuations. The market capitalization of the asset has been decreasing in concert with the price of the coin. The price action of the crypto coin last week took place on the back of decreased trading volume.
May 2 - May 8 price action review: Spherium goes down by 8%.
The analysis of last week’s price action shows that the Spherium market is in the phase since the price has been moving downward. SPHRI has been going through a period of medium volatility, which fell in line with the occurred price changes. 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.