Wrapped NXM(wnxm)market reviews and price predictions
Wrapped NXM market statement for 2022-09-24
Yesterday the price of wnxm stood at $14.83. The market capitalization of the asset was $43 360 644. Wrapped NXM’s volatility was established at 2.06%. The trading volume of the coin reached $1 781 209.
Wrapped NXM prognosis for the next days:
We estimate the price of Wrapped NXM to be $15.58 tomorrow 2022-09-27 and $15.68 on 2022-10-03;
We estimate the market capitalization of Wrapped NXM to reach $45 264 774 tomorrow 2022-09-27 and $44 284 426 on 2022-09-29;
We estimate the volatility of Wrapped NXM to become 3.33% tomorrow 2022-09-27 and 2.72% on 2022-09-29;
We estimate the trading volume of Wrapped NXM to amount to $2 264 240 tomorrow 2022-09-27 and $2 257 795 on 2022-09-29.
Our recommendation for the pair WNXM/USD for tomorrow, 2022-09-27, to buy.
Slightly bearish : traders witnessed Wrapped NXM moving down 4% from September 18 till September 24.
The analysis of last week’s price action shows that the Wrapped NXM market is in the bearish phase since the price has been moving downward. WNXM 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 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: Wrapped NXM loses 9% between September 17 and September 23 as the selling pressure grows.
The downward movement of the Wrapped NXM price last week indicates the chosen market is bearish. The situation on the WNXM 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 crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
Slightly bearish : traders witnessed Wrapped NXM moving down 3% from September 16 till September 22.
The downward movement of the Wrapped NXM price last week indicates the chosen market is bearish. WNXM has been going through a period of low 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.
Down by 2% : The Wrapped NXM market saw some bearish action last week (September 15 - September 21).
The downward movement of the Wrapped NXM price last week indicates the chosen market is bearish. WNXM has been going through a period of low volatility, which fell in line with the occurred price changes. The market capitalization of the asset has been decreasing in concert with the price of the coin. The price action of the crypto coin last week took place on the back of decreased trading volume.
Slightly bearish : traders witnessed Wrapped NXM moving down 4% from September 14 till September 20.
The price of Wrapped NXM was falling last from September 14 until September 20, giving enough reason to conclude that the market is bearish. The situation on the WNXM market shows that the underlying asset is currently experiencing a period of low volatility. The market capitalization of the asset has been decreasing in concert with the price of the coin. The price action of the crypto coin last week took place on the back of decreased trading volume.
September 12 - September 18 price action review: Wrapped NXM goes down by 9%.
Wrapped NXM has been last week as its price has been predominantly falling. The volatility of WNXM has been medium throughout the reviewed period in correspondence with the price action. The price action on the coin's market translated to the decline of market capitalization. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
Bearish price action on September 11 to September 17 resulted in Wrapped NXM by 7%.
Wrapped NXM has been last week as its price has been predominantly falling. The price swings of WNXM 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.
Wrapped NXM lost 10% in the period September 10 - September 16 as a result of selling pressure.
The price of Wrapped NXM was falling last from September 10 until September 16, giving enough reason to conclude that the market is bearish. The volatility associated with the WNXM 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.
Wrapped NXM slid down by 1% last week (September 8 - September 14) as the sellers pushed back.
The analysis of last week’s price action shows that the Wrapped NXM market is in the phase since the price has been moving downward. WNXM 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 price action of the crypto coin from last week stemmed from the decreasing trading volume.
A 9% price increase last week (September 6 - September 12) confirms the bullishness of Wrapped NXM.
The behavior of Wrapped NXM last week was characterized by the occurrence of upswings. The situation on the WNXM market shows that the underlying asset is currently experiencing a period of medium volatility. 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.