Taboo Token(taboo)market reviews and price predictions
Taboo Token market statement for 2023-06-02
Yesterday the price of taboo stood at $0.002. The market capitalization of the asset was $22 039 966. Taboo Token’s volatility was established at 1.74%. The trading volume of the coin reached $701 524.
Taboo Token prognosis for the next days:
We estimate the price of Taboo Token to be $0.002 tomorrow 2023-06-04 and $0.002 on 2023-06-10;
We estimate the market capitalization of Taboo Token to reach $24 866 689 tomorrow 2023-06-04 and $24 046 852 on 2023-06-06;
We estimate the volatility of Taboo Token to become 2.2% tomorrow 2023-06-04 and 2.64% on 2023-06-06;
We estimate the trading volume of Taboo Token to amount to $761 194 tomorrow 2023-06-04 and $762 935 on 2023-06-06.
Our recommendation for the pair TABOO/USD for tomorrow, 2023-06-04, to hold.
The bears stepped up a gear on May 27 - June 2, dropping the price of Taboo Token by 10%.
The downward movement of the Taboo Token price last week indicates the chosen market is bearish. The situation on the TABOO market shows that the underlying asset is currently experiencing a period of low volatility. 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 market crumbled last week (May 26 - June 1) as Taboo Token lost 11%.
The price of Taboo Token was falling last from May 26 until June 1, giving enough reason to conclude that the market is bearish. TABOO 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 from last week stemmed from the decreasing trading volume.
The capitulation of May 26 - June 1 : Taboo Token experienced a 11% dive.
The analysis of last week’s price action shows that the Taboo Token market is in the bearish phase since the price has been moving downward. The price swings of TABOO pointed to the presence of low 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.
A 11% drop on the Taboo Token market last week (May 26 - June 1) signals that the sellers are gaining strength.
The analysis of last week’s price action shows that the Taboo Token market is in the bearish phase since the price has been moving downward. TABOO was caught in a period of low volatility, which was reflected in its 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.
Taboo Token lost 9% in the period May 25 - May 31 as a result of selling pressure.
Between May 25 - May 31, Taboo Token has been mostly bearish as its price has been in the falling mode. The volatility associated with the TABOO market was low, as were its price fluctuations. 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.
Reservedly bullish : the price of Taboo Token grew by 6% in the period of May 22 - May 28.
The bearish behavior of Taboo Token last week was characterized by the occurrence of upswings. The price swings of TABOO pointed to the presence of medium volatility. The asset saw its market capitalization falling over the reviewed period together with its price. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Reservedly bullish : the price of Taboo Token grew by 6% in the period of May 22 - May 28.
The price of Taboo Token was rising last from May 22 until May 28, giving enough reason to conclude that the market is bearish. The situation on the TABOO market shows that the underlying asset is currently experiencing a period of medium volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Taboo Token analysis May 13 - May 19 : bears in all-out attack as the price collapses by 21%.
The analysis of last week’s price action shows that the Taboo Token market is in the bearish phase since the price has been moving downward. The situation on the TABOO market shows that the underlying asset is currently experiencing a period of medium volatility. 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 capitulation of May 11 - May 17 : Taboo Token experienced a 19% dive.
The price of Taboo Token was falling last from May 11 until May 17, giving enough reason to conclude that the market is bearish. TABOO has been going through a period of medium volatility, which fell in line with the occurred price changes. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
Taboo Token analysis May 11 - May 17 : bears in all-out attack as the price collapses by 19%.
Taboo Token has been bearish last week as its price has been predominantly falling. The situation on the TABOO market shows that the underlying asset is currently experiencing a period 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.