Umee(umee)market reviews and price predictions
Umee market statement for 2023-05-30
Yesterday the price of umee stood at $0.006. The market capitalization of the asset was $25 766 400. Umee’s volatility was established at 2.33%. The trading volume of the coin reached $574 333.
Umee prognosis for the next days:
We estimate the price of Umee to be $0.006 tomorrow 2023-06-03 and $0.006 on 2023-06-09;
We estimate the market capitalization of Umee to reach $27 587 945 tomorrow 2023-06-03 and $26 847 276 on 2023-06-05;
We estimate the volatility of Umee to become 5.15% tomorrow 2023-06-03 and 3.23% on 2023-06-05;
We estimate the trading volume of Umee to amount to $629 686 tomorrow 2023-06-03 and $545 209 on 2023-06-05.
Our recommendation for the pair UMEE/USD for tomorrow, 2023-06-03, to buy.
Umee lost 9% in the period May 24 - May 30 as a result of selling pressure.
The analysis of last week’s price action shows that the Umee market is in the bearish phase since the price has been moving downward. UMEE was caught in a period of medium volatility, which was reflected in its price action. There has been a fall in the market capitalization of the asset during the period under review. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
The buyers controlled the Umee market between May 18 and May 24 as the price grew by 7%.
The upward movement of the Umee price last week indicates the chosen market is. UMEE has been going through a period of medium volatility, which fell in line with the occurred price changes. 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.
Umee slid down by 5% last week (May 15 - May 21) as the sellers pushed back.
Umee has been bearish last week as its price has been predominantly falling. The situation on the UMEE market shows that the underlying asset is currently experiencing a period of low 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.
Bearish response: The Umee price melts by 4% between May 11 and May 17.
The bearish behavior of Umee last week was characterized by the occurrence of downswings. UMEE 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 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.
Umee slid down by 4% last week (May 11 - May 17) as the sellers pushed back.
Between May 11 - May 17, Umee has been mostly bearish as its price has been in the falling mode. The price swings of UMEE 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.
Slightly bearish : traders witnessed Umee moving down 4% from May 11 till May 17.
The analysis of last week’s price action shows that the Umee market is in the bearish phase since the price has been moving downward. The price swings of UMEE pointed to the presence of low 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.
The bleeding market: Umee loses 10% between May 7 and May 13 as the selling pressure grows.
The price of Umee was falling last from May 7 until May 13, giving enough reason to conclude that the market is bearish. The volatility of UMEE has been low 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 price action of the crypto coin from last week stemmed from the decreasing trading volume.
Red clouds gathered above the Umee market last week (May 7 - May 13) as the price went down by 10%.
Umee has been bearish last week as its price has been predominantly falling. UMEE 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. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
Umee lost 8% in the period May 4 - May 10 as a result of selling pressure.
Umee has been bearish last week as its price has been predominantly falling. UMEE was caught in a period of medium volatility, which was reflected in its 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.
The market crumbled last week (April 30 - May 6) as Umee lost 12%.
Between April 30 - May 6, Umee has been mostly bearish as its price has been in the falling mode. The price swings of UMEE pointed to the presence 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 from last week stemmed from the decreasing trading volume.