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NXM bear market cycles - historical perspective of NXM bear markets
In this overview, we will show the previous bear markets of the NXM cryptocurrency - you will see how much NXM lost during its biggest past bear markets.
Current price and other data:
Symbol | Price change (1d) | Price (USD) | Price change (1 week) | Sentiment | Sentiment change (1d) | Sentiment change (1 week) | Tweets volume change | Trading volume change | Volatility | MarketCap |
---|---|---|---|---|---|---|---|---|---|---|
NXM | 54.79 | -0.54 | 1.22 | 0 | -1.21 | 0 | -100 | -0.5 | 4.73 | 371869029 |
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 5 bear markets in the past, see chart below:

What is NXM most negative bear market ?
NXM most negative bear market started on Sep 15th, 2020 and ended on Nov 5th, 2020, lasting for 51 days.
During this time, the price of NXM decreased from
62.7634 USD to 19.4790 USD, resulting in a return of -69.0 %.
Average compounded daily decrease of price during this period was -2.27% / day.
What is NXM 2nd most negative bear market ?
NXM 2nd most negative bear market started on Aug 31st, 2020 and ended on Sep 6th, 2020, lasting for 6 days.
During this time, the price of NXM decreased from
75.2511 USD to 34.9993 USD, resulting in a return of -53.5 %.
Average compounded daily decrease of price during this period was -11.98% / day.
What is NXM 3rd most negative bear market ?
NXM 3rd most negative bear market started on May 12th, 2021 and ended on May 24th, 2021, lasting for 12 days.
During this time, the price of NXM decreased from
158.9281 USD to 79.2329 USD, resulting in a return of -50.1 %.
Average compounded daily decrease of price during this period was -5.64% / day.
Returns of previous NXM bear market cycles
In the following table you can see the previous NXM bear market cycles, in which period they occurred and what were the returns achieved during each bear market cycle:
Start Date | End Date | Start Price | End Price | Return (%) |
---|---|---|---|---|
2020-07-18 | 2020-07-23 | 13.220276062772 | 7.4359109517053 | -43.8 |
2020-08-31 | 2020-09-06 | 75.251083796887 | 34.999285787684 | -53.5 |
2020-09-15 | 2020-11-05 | 62.763397277818 | 19.47898426024 | -69.0 |
2021-05-12 | 2021-05-24 | 158.92806319978 | 79.232930609618 | -50.1 |
2021-05-27 | 2021-07-21 | 109.88046470817 | 68.274964837641 | -37.9 |
Bull and bear markets of NXM
See NXM past bull and bear markets in the chart below:
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