Standard Protocol(stnd)market reviews and price predictions
Standard Protocol market statement for 2023-06-02
Yesterday the price of stnd stood at $0.01. The market capitalization of the asset was $326 670. Standard Protocol’s volatility was established at 0.72%. The trading volume of the coin reached $337 935.
Standard Protocol prognosis for the next days:
We estimate the price of Standard Protocol to be $0.01 tomorrow 2023-06-04 and $0.01 on 2023-06-10;
We estimate the market capitalization of Standard Protocol to reach $310 104 tomorrow 2023-06-04 and $316 502 on 2023-06-06;
We estimate the volatility of Standard Protocol to become 4.51% tomorrow 2023-06-04 and 4.06% on 2023-06-06;
We estimate the trading volume of Standard Protocol to amount to $349 283 tomorrow 2023-06-04 and $357 569 on 2023-06-06.
Our recommendation for the pair STND/USD for tomorrow, 2023-06-04, to hold.
A 6% price increase last week (May 27 - June 2) confirms the bullishness of Standard Protocol.
The analysis of last week’s price action shows that the Standard Protocol market is in the phase since the price has been moving upward. STND 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. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.
Restrained price action on May 26 to June 1 as Standard Protocol moves up by only 4%.
Standard Protocol has been last week as its price has been predominantly rising. STND has been going through a period of medium volatility, which fell in line with the occurred price changes. The price action on the coin's market translated to the growth of market capitalization. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
Buyers weakened their grip on the Standard Protocol market (May 23 - May 29) as the price rose only by 2%.
The bearish behavior of Standard Protocol last week was characterized by the occurrence of upswings. The volatility associated with the STND market was medium, as were its price fluctuations. 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.
The market crumbled last week (May 22 - May 28) as Standard Protocol lost 12%.
The analysis of last week’s price action shows that the Standard Protocol market is in the bearish phase since the price has been moving downward. STND 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 price action of the crypto coin last week took place on the back of decreased trading volume.
The capitulation of May 19 - May 25 : Standard Protocol experienced a 14% dive.
Standard Protocol has been bearish last week as its price has been predominantly falling. STND 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 price action of the crypto coin from last week stemmed from the decreasing trading volume.
The May 18 - 24 market report: Standard Protocol plunges by 12% as sellers apply more pressure.
Standard Protocol has been bearish last week as its price has been predominantly falling. The price swings of STND pointed to the presence of medium 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.
The May 15 - 21 market report: Standard Protocol plunges by 22% as sellers apply more pressure.
The price of Standard Protocol was falling last from May 15 until May 21, giving enough reason to conclude that the market is bearish. STND has been going through a period of medium volatility, which fell in line with the occurred price changes. 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.
May 8 - May 14 price action review: Standard Protocol goes down by 9%.
The downward movement of the Standard Protocol price last week indicates the chosen market is bearish. The price swings of STND pointed to the presence of low volatility. The price action on the coin's market translated to the decline of market capitalization. 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 May 8 to May 14 resulted in Standard Protocol by 9%.
The bearish behavior of Standard Protocol last week was characterized by the occurrence of downswings. STND 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.
The bears had a field day between May 3 and May 9 as Standard Protocol got knocked down by 13%.
The bearish behavior of Standard Protocol last week was characterized by the occurrence of downswings. The volatility associated with the STND market was medium, as were its price fluctuations. 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.