Witnet(wit)market reviews and price predictions

Witnet market statement for 2022-11-25

Yesterday the price of wit stood at $0.003. The market capitalization of the asset was $3 229 531. Witnet’s volatility was established at 0.27%. The trading volume of the coin reached $17 875.

Witnet prognosis for the next days:

We estimate the price of Witnet to be $0.003 tomorrow 2022-11-28 and $0.003 on 2022-12-04;

We estimate the market capitalization of Witnet to reach $3 570 495 tomorrow 2022-11-28 and $3 447 448 on 2022-11-30;

We estimate the volatility of Witnet to become 2.44% tomorrow 2022-11-28 and 2.56% on 2022-11-30;

We estimate the trading volume of Witnet to amount to $49 835 tomorrow 2022-11-28 and $38 327 on 2022-11-30.

Our recommendation for the pair WIT/USD for tomorrow, 2022-11-28, to buy.

Witnet(wit)week price prediction
8%
Price
Volatility
Capitalization
Volume
Oct 30Nov 06Nov 13Nov 20Nov 27Oct 30Nov 06Nov 13Nov 20Nov 270.00300.00350.00400.00450.00300.00350.00400.0045
Today's review

November 19 - November 25 price action review: Witnet goes down by 9%.

The downward movement of the Witnet price last week indicates the chosen market is bearish. The volatility of WIT 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. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.

Latest reviews

Bearish price action on November 17 to November 23 resulted in Witnet by 8%.

The price of Witnet was falling last from November 17 until November 23, giving enough reason to conclude that the market is bearish. The volatility of WIT 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 price action of the crypto coin last week took place on the back of decreased trading volume.

Witnet market stayed flat from November 16 - November 22.

Witnet portrayed neutral behavior last week, with no changes in the price. The situation on the WIT 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 increased market capitalization of the said digital asset. The price action of the crypto coin last week took place on the back of increased trading volume.

Witnet retraces by 3% in the period November 15 - November 21 as the market turns slightly bearish.

The behavior of Witnet last week was characterized by the occurrence of downswings. The price swings of WIT 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 crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.

A 16% drop on the Witnet market last week (November 14 - November 20) signals that the sellers are gaining strength.

The analysis of last week’s price action shows that the Witnet market is in the phase since the price has been moving downward. WIT was caught in a period of high volatility, which was reflected in its price action. The price action on the coin's market translated to the growth of market capitalization. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.

The bulls muster more strength as Witnet rises by 18% from November 13 to November 19.

Between November 13 - November 19, Witnet has been mostly as its price has been in the rising mode. The situation on the WIT market shows that the underlying asset is currently experiencing a period of high volatility. The price action on the coin's market translated to the growth of market capitalization. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.

Witnet sees limited 4% gains between November 12 and November 18 as the market cools down.

The upward movement of the Witnet price last week indicates the chosen market is. The price swings of WIT pointed to the presence of high volatility. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.

Witnet showed a moderate 8% growth between November 10 and November 16.

Witnet has been bearish last week as its price has been predominantly rising. WIT was caught in a period of high volatility, which was reflected in its price action. 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.

Market review from November 9 to November 15 : Witnet gets a 8% price appreciation.

Between November 9 - November 15, Witnet has been mostly as its price has been in the rising mode. The volatility of WIT has been high throughout the reviewed period in correspondence with the price action. The market capitalization of the asset has been increasing in concert with the price of the coin. The price action of the crypto coin from last week stemmed from the increasing trading volume.

The buyers controlled the Witnet market between November 8 and November 14 as the price grew by 7%.

The upward movement of the Witnet price last week indicates the chosen market is bullish. The situation on the WIT market shows that the underlying asset is currently experiencing a period of high volatility. 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.

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