Utrust(utk)market reviews and price predictions
Utrust market statement for 2023-05-30
Yesterday the price of utk stood at $0.09. The market capitalization of the asset was $42 590 848. Utrust’s volatility was established at 2.16%. The trading volume of the coin reached $1 433 266.
Utrust prognosis for the next days:
We estimate the price of Utrust to be $0.1 tomorrow 2023-06-03 and $0.1 on 2023-06-09;
We estimate the market capitalization of Utrust to reach $51 957 043 tomorrow 2023-06-03 and $47 170 674 on 2023-06-05;
We estimate the volatility of Utrust to become 7.31% tomorrow 2023-06-03 and 4.88% on 2023-06-05;
We estimate the trading volume of Utrust to amount to $6 938 046 tomorrow 2023-06-03 and $4 950 886 on 2023-06-05.
Our recommendation for the pair UTK/USD for tomorrow, 2023-06-03, to buy.
Utrust analysis May 24 - May 30 : bears in all-out attack as the price collapses by 23%.
The downward movement of the Utrust price last week indicates the chosen market is bearish. UTK 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 trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
The capitulation of May 23 - May 29 : Utrust experienced a 25% dive.
Utrust has been bearish last week as its price has been predominantly falling. The volatility associated with the UTK market was medium, as were its price fluctuations. 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 May 20 - 26 market report: Utrust plunges by 21% as sellers apply more pressure.
The price of Utrust was falling last from May 20 until May 26, giving enough reason to conclude that the market is. The situation on the UTK 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 past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
The bears stepped up a gear on May 19 - May 25, dropping the price of Utrust by 9%.
The behavior of Utrust last week was characterized by the occurrence of downswings. The price swings of UTK pointed to the presence of medium volatility. 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.
May 7 - May 13 market wrap: Utrust had a slight 5% drop.
The price of Utrust was falling last from May 7 until May 13, giving enough reason to conclude that the market is bearish. The price swings of UTK pointed to the presence of medium volatility. 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.
The bears had a field day between May 6 and May 12 as Utrust got knocked down by 11%.
The price of Utrust was falling last from May 6 until May 12, giving enough reason to conclude that the market is bearish. The volatility associated with the UTK 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 from last week stemmed from the decreasing trading volume.
The bears had a field day between May 5 and May 11 as Utrust got knocked down by 13%.
Utrust has been bearish last week as its price has been predominantly falling. The price swings of UTK pointed to the presence of medium volatility. 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.
Red clouds gathered above the Utrust market last week (May 4 - May 10) as the price went down by 10%.
Utrust has been bearish last week as its price has been predominantly falling. UTK 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 past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
May 3 - May 9 price action review: Utrust goes down by 9%.
Between May 3 - May 9, Utrust has been mostly bearish as its price has been in the falling mode. The price swings of UTK pointed to the presence of medium volatility. The market capitalization of the asset has been decreasing in concert with the price of the coin. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
May 1 - May 7 price action review: Utrust goes down by 6%.
The analysis of last week’s price action shows that the Utrust market is in the bearish phase since the price has been moving downward. UTK was caught in a period of low volatility, which was reflected in its price action. The price action on the coin's market translated to the decline of market capitalization. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.