Lido Staked Ether(steth)market reviews and price predictions
Lido Staked Ether market statement for 2023-03-24
Yesterday the price of steth stood at $1 760. The market capitalization of the asset was $10 650 533 354. Lido Staked Ether’s volatility was established at 2.6%. The trading volume of the coin reached $22 569 671.
Lido Staked Ether prognosis for the next days:
We estimate the price of Lido Staked Ether to be $1 740 tomorrow 2023-03-29 and $1 696 on 2023-04-04;
We estimate the market capitalization of Lido Staked Ether to reach $10 344 969 524 tomorrow 2023-03-29 and $10 391 613 529 on 2023-03-31;
We estimate the volatility of Lido Staked Ether to become 2.37% tomorrow 2023-03-29 and 1.97% on 2023-03-31;
We estimate the trading volume of Lido Staked Ether to amount to $80 774 193 tomorrow 2023-03-29 and $62 690 983 on 2023-03-31.
Our recommendation for the pair STETH/USD for tomorrow, 2023-03-29, to sell.
Slightly bearish : traders witnessed Lido Staked Ether moving down 2% from March 18 till March 24.
The analysis of last week’s price action shows that the Lido Staked Ether market is in the bullish phase since the price has been moving downward. STETH has been going through a period of low volatility, which fell in line with the occurred price changes. There has been a rise 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 increasing trading volume.
Lido Staked Ether exploded by 18% in the period of March 10 - March 16 as the buyers got an upper hand.
The behavior of Lido Staked Ether last week was characterized by the occurrence of upswings. The volatility associated with the STETH market was medium, as were its price fluctuations. 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.
Reservedly bullish : the price of Lido Staked Ether grew by 8% in the period of March 7 - March 13.
The price of Lido Staked Ether was rising last from March 7 until March 13, giving enough reason to conclude that the market is. The volatility associated with the STETH market was medium, as were its price fluctuations. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
Lido Staked Ether retraces by 2% in the period March 6 - March 12 as the market turns slightly bearish.
Between March 6 - March 12, Lido Staked Ether has been mostly bearish as its price has been in the falling mode. The price swings of STETH pointed to the presence of medium volatility. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Bearish response: The Lido Staked Ether price melts by 4% between March 3 and March 9.
The price of Lido Staked Ether was falling last from March 3 until March 9, giving enough reason to conclude that the market is bearish. The situation on the STETH 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 past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
March 2 - March 8 market wrap: Lido Staked Ether had a slight 5% drop.
The bearish behavior of Lido Staked Ether last week was characterized by the occurrence of downswings. The volatility associated with the STETH market was low, as were its price fluctuations. There has been a fall in the market capitalization of the asset during the period under review. The price action of the crypto coin last week took place on the back of decreased trading volume.
Bearish price action on March 1 to March 7 resulted in Lido Staked Ether by 6%.
The analysis of last week’s price action shows that the Lido Staked Ether market is in the phase since the price has been moving downward. The volatility associated with the STETH market was low, as were its price fluctuations. 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.
Bearish response: The Lido Staked Ether price melts by 4% between February 28 and March 6.
The downward movement of the Lido Staked Ether price last week indicates the chosen market is. STETH was caught in a period of low 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 price action of the crypto coin from last week stemmed from the decreasing trading volume.
February 27 - March 5 market wrap: Lido Staked Ether had a slight 3% drop.
The price of Lido Staked Ether was falling last from February 27 until March 5, giving enough reason to conclude that the market is bearish. The price swings of STETH pointed to the presence 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.
Lido Staked Ether retraces by 4% in the period February 20 - February 26 as the market turns slightly bearish.
The price of Lido Staked Ether was falling last from February 20 until February 26, giving enough reason to conclude that the market is. The volatility of STETH 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. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.