Balanced Dollars(bnUSD)market reviews and price predictions
Balanced Dollars market statement for 2023-01-24
Yesterday the price of bnUSD stood at $1.04. The market capitalization of the asset was 0. Balanced Dollars’s volatility was established at 1.96%. The trading volume of the coin reached $169 984.
Balanced Dollars prognosis for the next days:
We estimate the price of Balanced Dollars to be $1.06 tomorrow 2023-01-28 and $1.04 on 2023-02-03;
We estimate the market capitalization of Balanced Dollars to reach 0 tomorrow 2023-01-28 and 0 on 2023-01-30;
We estimate the volatility of Balanced Dollars to become 8.1% tomorrow 2023-01-28 and 10.47% on 2023-01-30;
We estimate the trading volume of Balanced Dollars to amount to $446 005 tomorrow 2023-01-28 and $858 481 on 2023-01-30.
Our recommendation for the pair BNUSD/USD for tomorrow, 2023-01-28, to buy.
The bullish pressure subsides between January 18 and January 24 as Balanced Dollars gains only 4%.
The analysis of last week’s price action shows that the Balanced Dollars market is in the bullish phase since the price has been moving upward. The situation on the BNUSD market shows that the underlying asset is currently experiencing a period of high volatility. 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.
Bearish response: The Balanced Dollars price melts by 1% between January 2 and January 8.
The price of Balanced Dollars was falling last from January 2 until January 8, giving enough reason to conclude that the market is bearish. The situation on the BNUSD market shows that the underlying asset is currently experiencing a period of low volatility. 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.
The torpid Balanced Dollars had its price rise only by 2% last week (December 29 - January 4).
Between December 29 - January 4, Balanced Dollars has been mostly bullish as its price has been in the rising mode. The price swings of BNUSD pointed to the presence of low volatility. 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.
Buyers weakened their grip on the Balanced Dollars market (December 24 - December 30) as the price rose only by 1%.
Between December 24 - December 30, Balanced Dollars has been mostly as its price has been in the rising mode. The situation on the BNUSD market shows that the underlying asset is currently experiencing a period of low volatility. 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.
Balanced Dollars retraces by 1% in the period December 23 - December 29 as the market turns slightly bearish.
Balanced Dollars has been last week as its price has been predominantly falling. The volatility associated with the BNUSD market was low, as were its price fluctuations. 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.
December 22 - December 28 price action recap: Balanced Dollars sees a weak 1% gain as the buyers take a step back.
The behavior of Balanced Dollars last week was characterized by the occurrence of upswings. The volatility of BNUSD has been low throughout the reviewed period in correspondence with the price action. 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.
Buyers weakened their grip on the Balanced Dollars market (December 19 - December 25) as the price rose only by 1%.
The analysis of last week’s price action shows that the Balanced Dollars market is in the bearish phase since the price has been moving upward. BNUSD has been going through a period of low 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.
Balanced Dollars slid down by 1% last week (December 18 - December 24) as the sellers pushed back.
The behavior of Balanced Dollars last week was characterized by the occurrence of downswings. The volatility of BNUSD has been low throughout the reviewed period in correspondence with the price action. 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.
Balanced Dollars market stayed flat from December 15 - December 21.
Balanced Dollars portrayed neutral behavior last week, with no changes in the price. BNUSD has been going through a period of low 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.
Balanced Dollars market stayed flat from December 14 - December 20.
Balanced Dollars portrayed neutral behavior last week, with no changes in the price. The volatility associated with the BNUSD market was low, as were its price fluctuations. 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.