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NXM bull market cycles - historical perspective of NXM bull runs
In this overview, we will show the previous bull runs of the NXM cryptocurrency, including statistical analysis of NXM returns during previous bull runs.
|Symbol||Price (USD)||Price change (1d)||Price change (1 week)||Sentiment||Sentiment change (1d)||Sentiment change (1 week)||Tweets volume change||Trading volume change||Volatility||MarketCap|
A bull market is a period of general rising prices in the crypto, stock or any other financial market.
A bull market is typically preceded by a bear market and followed by a bear market.
We define a bull market as appreciation of price by more than 30% and bear market a period when the prices fall by more than 30%.
NXM has experienced 6 bull markets in the past, see chart below:
What is NXM biggest bull run ?
NXM biggest bull run started on Jul 23rd, 2020 and ended on Aug 31st, 2020, lasting for 39 days..
During this time, the price of NXM increased from 7.4359 USD to 75.2511 USD, resulting in a return of 912.0 %.
Average compounded daily increase of price during this period was 6.11% / day.
What is NXM 2nd biggest bull run ?
NXM 2nd biggest bull run started on Nov 5th, 2020 and ended on May 12th, 2021, lasting for 188 days.
During this time, the price of NXM increased from 19.4790 USD to 158.9281 USD, resulting in a return of 715.9 %.
Average compounded daily increase of price during this period was 1.12% / day.
What is NXM 3rd biggest bull run ?
NXM 3rd biggest bull run started on Jul 21st, 2021 and ended on Nov 9th, 2021.
During this time, the price of NXM increased from 68.2750 USD to 184.4075 USD, resulting in a return of 170.1 %.
Average compounded daily increase of price during this period was 0.9% / day.
Returns of previous NXM bull runs
In the following table you can see the previous NXM bull runs, in which period they occurred and what were the returns achieved during each bull run:
|Start Date||End Date||Start Price||End Price||Return (%)|
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Bull and bear markets of NXM
See NXM past bull and bear markets in the chart below:
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