Velo(velo)market reviews and price predictions

Velo market statement for 2022-10-01

Yesterday the price of velo stood at $0.006. The market capitalization of the asset was $6 265 942. Velo’s volatility was established at 24.65%. The trading volume of the coin reached $797 161.

Velo prognosis for the next days:

We estimate the price of Velo to be $0.004 tomorrow 2022-10-05 and $0.006 on 2022-10-11;

We estimate the market capitalization of Velo to reach $6 672 361 tomorrow 2022-10-05 and $6 464 058 on 2022-10-07;

We estimate the volatility of Velo to become 1.18% tomorrow 2022-10-05 and 5.36% on 2022-10-07;

We estimate the trading volume of Velo to amount to $862 373 tomorrow 2022-10-05 and $872 140 on 2022-10-07.

Our recommendation for the pair VELO/USD for tomorrow, 2022-10-05, to hold.

Velo(velo)week price prediction
UNCLEAR
Price
Volatility
Capitalization
Volume
Sep 04Sep 11Sep 18Sep 25Oct 02Oct 09Sep 04Sep 11Sep 18Sep 25Oct 02Oct 090.0040.0060.0080.0100.0120.0040.0060.0080.0100.012
Today's review

Market analysis September 25 - October 1 : Velo posts a 14% rally.

The upward movement of the Velo price last week indicates the chosen market is. VELO was caught in a period of high 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 last week took place on the back of decreased trading volume.

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The bears stepped up a gear on September 24 - September 30, dropping the price of Velo by 10%.

Velo has been bearish last week as its price has been predominantly falling. The situation on the VELO market shows that the underlying asset is currently experiencing a period of low 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.

Red clouds gathered above the Velo market last week (September 23 - September 29) as the price went down by 8%.

Velo has been bearish last week as its price has been predominantly falling. The situation on the VELO market shows that the underlying asset is currently experiencing a period of low volatility. 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 bleeding market: Velo loses 9% between September 21 and September 27 as the selling pressure grows.

Between September 21 - September 27, Velo has been mostly bearish as its price has been in the falling mode. VELO has been going through a period of low 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.

Red clouds gathered above the Velo market last week (September 20 - September 26) as the price went down by 6%.

Velo has been bearish last week as its price has been predominantly falling. The situation on the VELO market shows that the underlying asset is currently experiencing a period of low volatility. 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.

Velo sees limited 3% gains between September 19 and September 25 as the market cools down.

The analysis of last week’s price action shows that the Velo market is in the bearish phase since the price has been moving upward. VELO has been going through a period of medium volatility, which fell in line with the occurred price changes. 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.

Slightly bearish : traders witnessed Velo moving down 2% from September 16 till September 22.

Velo has been bearish last week as its price has been predominantly falling. The price swings of VELO 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.

The September 14 - 20 market report: Velo plunges by 13% as sellers apply more pressure.

The bearish behavior of Velo last week was characterized by the occurrence of downswings. The volatility associated with the VELO 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.

A 25% drop on the Velo market last week (September 13 - September 19) signals that the sellers are gaining strength.

The analysis of last week’s price action shows that the Velo market is in the bearish phase since the price has been moving downward. VELO was caught in a period of medium 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.

A 27% drop on the Velo market last week (September 10 - September 16) signals that the sellers are gaining strength.

The price of Velo was falling last from September 10 until September 16, giving enough reason to conclude that the market is bearish. The volatility of VELO has been medium throughout the reviewed period in correspondence with the price action. 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.

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