Stake DAO(sdt)market reviews and price predictions
Stake DAO market statement for 2023-03-23
Yesterday the price of sdt stood at $0.37. The market capitalization of the asset was $18 305 912. Stake DAO’s volatility was established at 0.23%. The trading volume of the coin reached $191 972.
Stake DAO prognosis for the next days:
We estimate the price of Stake DAO to be $0.35 tomorrow 2023-03-25 and $0.35 on 2023-03-31;
We estimate the market capitalization of Stake DAO to reach $17 337 581 tomorrow 2023-03-25 and $17 939 077 on 2023-03-27;
We estimate the volatility of Stake DAO to become 2.67% tomorrow 2023-03-25 and 2.24% on 2023-03-27;
We estimate the trading volume of Stake DAO to amount to $188 260 tomorrow 2023-03-25 and $192 854 on 2023-03-27.
Our recommendation for the pair SDT/USD for tomorrow, 2023-03-25, to sell.
Reservedly bullish : the price of Stake DAO grew by 8% in the period of March 17 - March 23.
Stake DAO has been bullish last week as its price has been predominantly rising. The situation on the SDT 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 increased market capitalization of the said digital asset. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
The buyers controlled the Stake DAO market between March 12 and March 18 as the price grew by 8%.
The upward movement of the Stake DAO price last week indicates the chosen market is. The price swings of SDT pointed to the presence of low volatility. The price action on the coin's market translated to the growth of market capitalization. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
The buyers controlled the Stake DAO market between March 11 and March 17 as the price grew by 8%.
The behavior of Stake DAO last week was characterized by the occurrence of upswings. The situation on the SDT market shows that the underlying asset is currently experiencing a period of low volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.
Stake DAO market stayed flat from March 6 - March 12.
Stake DAO portrayed neutral behavior last week, with no changes in the price. SDT was caught in a period of low 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. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
Slightly bearish : traders witnessed Stake DAO moving down 4% from March 2 till March 8.
The price of Stake DAO was falling last from March 2 until March 8, giving enough reason to conclude that the market is bearish. The price swings of SDT pointed to the presence of low volatility. 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 last week took place on the back of decreased trading volume.
Slightly bearish : traders witnessed Stake DAO moving down 3% from March 1 till March 7.
The analysis of last week’s price action shows that the Stake DAO market is in the bearish phase since the price has been moving downward. The volatility of SDT 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 crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
Bearish price action on February 26 to March 4 resulted in Stake DAO by 7%.
Stake DAO has been bearish last week as its price has been predominantly falling. The volatility of SDT has been low 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 past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
Bearish response: The Stake DAO price melts by 1% between February 22 and February 28.
The downward movement of the Stake DAO price last week indicates the chosen market is bearish. The volatility of SDT has been low throughout the reviewed period in correspondence with the price action. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The price action of the crypto coin last week took place on the back of decreased trading volume.
February 20 - February 26 market wrap: Stake DAO had a slight 5% drop.
The downward movement of the Stake DAO price last week indicates the chosen market is. The situation on the SDT 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 price action of the crypto coin from last week stemmed from the decreasing trading volume.
Down by 3% : The Stake DAO market saw some bearish action last week (February 18 - February 24).
Stake DAO has been last week as its price has been predominantly falling. The price swings of SDT pointed to the presence of low volatility. 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.