Monolith(tkn)market reviews and price predictions
Monolith market statement for 2023-05-28
Yesterday the price of tkn stood at $0.07. The market capitalization of the asset was $2 368 673. Monolith’s volatility was established at 14.57%. The trading volume of the coin reached $20 309.
Monolith prognosis for the next days:
We estimate the price of Monolith to be $0.07 tomorrow 2023-06-03 and $0.07 on 2023-06-09;
We estimate the market capitalization of Monolith to reach $2 520 154 tomorrow 2023-06-03 and $2 493 336 on 2023-06-05;
We estimate the volatility of Monolith to become 4.46% tomorrow 2023-06-03 and 5.93% on 2023-06-05;
We estimate the trading volume of Monolith to amount to $21 227 tomorrow 2023-06-03 and $21 216 on 2023-06-05.
Our recommendation for the pair TKN/USD for tomorrow, 2023-06-03, to buy.
A 13% price appreciation seen on the Monolith market between May 22 and May 28.
Between May 22 - May 28, Monolith has been mostly as its price has been in the rising mode. The volatility associated with the TKN market was medium, 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.
Monolith sees limited 1% gains between May 21 and May 27 as the market cools down.
The analysis of last week’s price action shows that the Monolith market is in the bearish phase since the price has been moving upward. The price swings of TKN pointed to the presence of medium volatility. 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.
Monolith market stayed flat from May 18 - May 24.
Monolith portrayed neutral behavior last week, with no changes in the price. TKN has been going through a period of medium volatility, which fell in line with the occurred price changes. The asset saw its market capitalization falling over the reviewed period together with its price. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
The bears stepped up a gear on May 13 - May 19, dropping the price of Monolith by 10%.
The downward movement of the Monolith price last week indicates the chosen market is bearish. The volatility associated with the TKN market was medium, as were its price fluctuations. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
Monolith exploded by 13% in the period of May 11 - May 17 as the buyers got an upper hand.
Between May 11 - May 17, Monolith has been mostly as its price has been in the rising mode. TKN was caught in a period of medium 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 crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
Monolith exploded by 13% in the period of May 11 - May 17 as the buyers got an upper hand.
The analysis of last week’s price action shows that the Monolith market is in the phase since the price has been moving upward. The situation on the TKN 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 past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
Down by 2% : The Monolith market saw some bearish action last week (May 9 - May 15).
The downward movement of the Monolith price last week indicates the chosen market is bearish. The situation on the TKN market shows that the underlying asset is currently experiencing a period 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.
Monolith slid down by 2% last week (May 9 - May 15) as the sellers pushed back.
Monolith has been bearish last week as its price has been predominantly falling. TKN 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.
Monolith slid down by 1% last week (May 8 - May 14) as the sellers pushed back.
The downward movement of the Monolith price last week indicates the chosen market is bearish. The situation on the TKN 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 trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Monolith retraces by 1% in the period May 8 - May 14 as the market turns slightly bearish.
Between May 8 - May 14, Monolith has been mostly bearish as its price has been in the falling mode. The situation on the TKN market shows that the underlying asset is currently experiencing a period of medium volatility. The market capitalization of the asset has been decreasing in concert with the price of the coin. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.