Sumokoin(sumo)market reviews and price predictions

Sumokoin market statement for 2022-11-26

Yesterday the price of sumo stood at $0.01. The market capitalization of the asset was $571 954. Sumokoin’s volatility was established at 1.43%. The trading volume of the coin reached $1 199.

Sumokoin prognosis for the next days:

We estimate the price of Sumokoin to be $0.01 tomorrow 2022-11-29 and $0.01 on 2022-12-05;

We estimate the market capitalization of Sumokoin to reach $559 692 tomorrow 2022-11-29 and $562 376 on 2022-12-01;

We estimate the volatility of Sumokoin to become 0.94% tomorrow 2022-11-29 and 0.78% on 2022-12-01;

We estimate the trading volume of Sumokoin to amount to $6 510 tomorrow 2022-11-29 and $4 752 on 2022-12-01.

Our recommendation for the pair SUMO/USD for tomorrow, 2022-11-29, to buy.

Sumokoin(sumo)week price prediction
2%
Price
Volatility
Capitalization
Volume
Oct 30Nov 06Nov 13Nov 20Nov 27Oct 30Nov 06Nov 13Nov 20Nov 270.01100.01150.01200.01250.01300.01350.01400.01100.01150.01200.01250.01300.01350.0140
Today's review

Sumokoin sees limited 1% gains between November 20 and November 26 as the market cools down.

Sumokoin has been bearish last week as its price has been predominantly rising. SUMO was caught in a period of low volatility, which was reflected in its price action. 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.

Latest reviews

Sumokoin retraces by 3% in the period November 19 - November 25 as the market turns slightly bearish.

The bearish behavior of Sumokoin last week was characterized by the occurrence of downswings. The situation on the SUMO market shows that the underlying asset is currently experiencing a period of low volatility. 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.

Sumokoin market stayed flat from November 18 - November 24.

Sumokoin portrayed neutral behavior last week, with no changes in the price. SUMO was caught in a period of low 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 bullish pressure subsides between November 17 and November 23 as Sumokoin gains only 2%.

Sumokoin has been bearish last week as its price has been predominantly rising. SUMO 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. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.

The market crumbled last week (November 11 - November 17) as Sumokoin lost 11%.

The price of Sumokoin was falling last from November 11 until November 17, giving enough reason to conclude that the market is bearish. SUMO 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.

Sumokoin slid down by 5% last week (November 9 - November 15) as the sellers pushed back.

Between November 9 - November 15, Sumokoin has been mostly bearish as its price has been in the falling mode. The volatility associated with the SUMO market was low, as were its price fluctuations. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.

Bearish price action on November 8 to November 14 resulted in Sumokoin by 8%.

The downward movement of the Sumokoin price last week indicates the chosen market is bearish. The volatility of SUMO has been low throughout the reviewed period in correspondence with the price action. 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.

Sumokoin retraces by 4% in the period November 7 - November 13 as the market turns slightly bearish.

The behavior of Sumokoin last week was characterized by the occurrence of downswings. The price swings of SUMO pointed to the presence of low volatility. 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.

Bearish response: The Sumokoin price melts by 4% between November 6 and November 12.

Between November 6 - November 12, Sumokoin has been mostly bearish as its price has been in the falling mode. SUMO 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 price action of the crypto coin last week took place on the back of decreased trading volume.

Slightly bearish : traders witnessed Sumokoin moving down 3% from November 5 till November 11.

The bearish behavior of Sumokoin last week was characterized by the occurrence of downswings. The volatility associated with the SUMO 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. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.

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