Tower(tower)market reviews and price predictions

Tower market statement for 2023-05-25

Yesterday the price of tower stood at $0.003. The market capitalization of the asset was $2 270 655. Tower’s volatility was established at 10.02%. The trading volume of the coin reached $36 304.

Tower prognosis for the next days:

We estimate the price of Tower to be $0.002 tomorrow 2023-06-01 and $0.003 on 2023-06-07;

We estimate the market capitalization of Tower to reach $2 177 719 tomorrow 2023-06-01 and $2 190 759 on 2023-06-03;

We estimate the volatility of Tower to become 0.46% tomorrow 2023-06-01 and 3.22% on 2023-06-03;

We estimate the trading volume of Tower to amount to $54 087 tomorrow 2023-06-01 and $50 703 on 2023-06-03.

Our recommendation for the pair TOWER/USD for tomorrow, 2023-06-01, to hold.

Tower(tower)week price prediction
UNCLEAR
Price
Volatility
Capitalization
Volume
Apr 30May 07May 14May 21May 28Apr 30May 07May 14May 21May 280.00250.00300.00350.00400.00250.00300.00350.0040
Today's review

A 7% price increase last week (May 19 - May 25) confirms the bullishness of Tower.

The price of Tower was rising last from May 19 until May 25, giving enough reason to conclude that the market is. The situation on the TOWER market shows that the underlying asset is currently experiencing a period of medium volatility. The asset saw its market capitalization growing over the reviewed period together with its price. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.

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Tower slid down by 3% last week (May 18 - May 24) as the sellers pushed back.

The analysis of last week’s price action shows that the Tower market is in the bearish phase since the price has been moving downward. The volatility of TOWER has been medium throughout the reviewed period in correspondence with the price action. 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.

Bearish price action on May 15 to May 21 resulted in Tower by 8%.

The bearish behavior of Tower last week was characterized by the occurrence of downswings. The volatility of TOWER has been medium throughout the reviewed period in correspondence with the price action. The market capitalization of the asset has been decreasing in concert with the price of the coin. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.

Tower lost 8% in the period May 15 - May 21 as a result of selling pressure.

The bearish behavior of Tower last week was characterized by the occurrence of downswings. TOWER 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 last week took place on the back of decreased trading volume.

Tower market stayed flat from May 10 - May 16.

Tower portrayed neutral behavior last week, with no changes in the price. The situation on the TOWER 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 price action of the crypto coin last week took place on the back of decreased trading volume.

The capitulation of May 3 - May 9 : Tower experienced a 15% dive.

Between May 3 - May 9, Tower has been mostly bearish as its price has been in the falling mode. The volatility associated with the TOWER market was medium, 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 price action of the crypto coin from last week stemmed from the decreasing trading volume.

The capitulation of May 3 - May 9 : Tower experienced a 15% dive.

Between May 3 - May 9, Tower has been mostly bearish as its price has been in the falling mode. TOWER has been going through a period of medium volatility, which fell in line with the occurred price changes. 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.

Tower analysis May 3 - May 9 : bears in all-out attack as the price collapses by 15%.

Between May 3 - May 9, Tower has been mostly bearish as its price has been in the falling mode. The volatility associated with the TOWER 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 price action of the crypto coin last week took place on the back of decreased trading volume.

A 15% drop on the Tower market last week (May 3 - May 9) signals that the sellers are gaining strength.

The bearish behavior of Tower last week was characterized by the occurrence of downswings. The volatility of TOWER has been medium throughout the reviewed period in correspondence with the price action. 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.

The bullish pressure subsides between May 1 and May 7 as Tower gains only 3%.

The price of Tower was rising last from May 1 until May 7, giving enough reason to conclude that the market is bearish. The volatility of TOWER has been medium throughout the reviewed period in correspondence with the 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.

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