Sync Network(sync)market reviews and price predictions
Sync Network market statement for 2023-05-31
Yesterday the price of sync stood at $0.006. The market capitalization of the asset was $700 661. Sync Network’s volatility was established at 11.08%. The trading volume of the coin reached $24 595.
Sync Network prognosis for the next days:
We estimate the price of Sync Network to be $0.005 tomorrow 2023-06-04 and $0.005 on 2023-06-10;
We estimate the market capitalization of Sync Network to reach $628 096 tomorrow 2023-06-04 and $644 929 on 2023-06-06;
We estimate the volatility of Sync Network to become 5.42% tomorrow 2023-06-04 and 6.42% on 2023-06-06;
We estimate the trading volume of Sync Network to amount to $20 190 tomorrow 2023-06-04 and $21 868 on 2023-06-06.
Our recommendation for the pair SYNC/USD for tomorrow, 2023-06-04, to hold.
Sync Network sees limited 4% gains between May 25 and May 31 as the market cools down.
The analysis of last week’s price action shows that the Sync Network market is in the phase since the price has been moving upward. The volatility associated with the SYNC market was medium, as were its price fluctuations. There has been a rise 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 increased trading volume.
The bullish pressure subsides between May 25 and May 31 as Sync Network gains only 4%.
Between May 25 - May 31, Sync Network has been mostly as its price has been in the rising mode. The situation on the SYNC market shows that the underlying asset is currently experiencing a period of medium volatility. The market capitalization of the asset has been increasing in concert with the price of the coin. The price action of the crypto coin from last week stemmed from the increasing trading volume.
Bearish price action on May 24 to May 30 resulted in Sync Network by 6%.
Sync Network has been last week as its price has been predominantly falling. The situation on the SYNC market shows that the underlying asset is currently experiencing a period of medium volatility. The price action on the coin's market translated to the decline of market capitalization. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
Sync Network market stayed flat from May 23 - May 29.
Sync Network portrayed neutral behavior last week, with no changes in the price. SYNC was caught in a period of medium volatility, which was reflected in its price action. The asset saw its market capitalization growing over the reviewed period together with its price. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
Market review from May 22 to May 28 : Sync Network gets a 10% price appreciation.
The behavior of Sync Network last week was characterized by the occurrence of upswings. The volatility of SYNC has been medium throughout the reviewed period in correspondence with the price action. The asset saw its market capitalization falling over the reviewed period together with its price. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
Sync Network retraces by 1% in the period May 21 - May 27 as the market turns slightly bearish.
The downward movement of the Sync Network price last week indicates the chosen market is. The situation on the SYNC 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.
Slightly bearish : traders witnessed Sync Network moving down 2% from May 19 till May 25.
The downward movement of the Sync Network price last week indicates the chosen market is bearish. The volatility associated with the SYNC market was medium, as were its price fluctuations. The market capitalization of the asset has been increasing in concert with the price of the coin. The price action of the crypto coin from last week stemmed from the increasing trading volume.
Down by 4% : The Sync Network market saw some bearish action last week (May 8 - May 14).
The downward movement of the Sync Network price last week indicates the chosen market is bearish. The volatility associated with the SYNC market was medium, as were its price fluctuations. The market capitalization of the asset has been increasing in concert with the price of the coin. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
Slightly bearish : traders witnessed Sync Network moving down 4% from May 8 till May 14.
The downward movement of the Sync Network price last week indicates the chosen market is bearish. The price swings of SYNC pointed to the presence of medium volatility. There has been a rise in the market capitalization of the asset during the period under review. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.
Slightly bearish : traders witnessed Sync Network moving down 4% from May 8 till May 14.
The analysis of last week’s price action shows that the Sync Network market is in the bearish phase since the price has been moving downward. SYNC 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 increasing in concert with the price of the coin. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.