Banano(ban)market reviews and price predictions
Banano market statement for 2023-05-28
Yesterday the price of ban stood at $0.005. The market capitalization of the asset was $7 084 744. Banano’s volatility was established at 0.05%. The trading volume of the coin reached $22 617.
Banano prognosis for the next days:
We estimate the price of Banano to be $0.005 tomorrow 2023-05-31 and $0.005 on 2023-06-06;
We estimate the market capitalization of Banano to reach $7 522 787 tomorrow 2023-05-31 and $7 358 057 on 2023-06-02;
We estimate the volatility of Banano to become 1.39% tomorrow 2023-05-31 and 0.99% on 2023-06-02;
We estimate the trading volume of Banano to amount to $23 922 tomorrow 2023-05-31 and $23 156 on 2023-06-02.
Our recommendation for the pair BAN/USD for tomorrow, 2023-05-31, to buy.
The bleeding market: Banano loses 6% between May 22 and May 28 as the selling pressure grows.
The price of Banano was falling last from May 22 until May 28, giving enough reason to conclude that the market is bearish. The volatility of BAN has been low 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 past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
Bearish price action on May 19 to May 25 resulted in Banano by 7%.
Between May 19 - May 25, Banano has been mostly bearish as its price has been in the falling mode. The volatility associated with the BAN market was low, as were its price fluctuations. The market capitalization of the asset has been decreasing in concert with the price of the coin. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
The bears stepped up a gear on May 18 - May 24, dropping the price of Banano by 7%.
Between May 18 - May 24, Banano has been mostly bearish as its price has been in the falling mode. BAN was caught in a period of low volatility, which was reflected in its price action. 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.
May 15 - May 21 price action review: Banano goes down by 6%.
The analysis of last week’s price action shows that the Banano market is in the bearish phase since the price has been moving downward. The volatility associated with the BAN market was low, as were its price fluctuations. 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.
May 9 - May 15 market wrap: Banano had a slight 2% drop.
The behavior of Banano last week was characterized by the occurrence of downswings. The price swings of BAN pointed to the presence of low volatility. There has been a fall in the market capitalization of the asset during the period under review. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
Banano slid down by 2% last week (May 9 - May 15) as the sellers pushed back.
Between May 9 - May 15, Banano has been mostly as its price has been in the falling mode. BAN 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.
Slightly bearish : traders witnessed Banano moving down 2% from May 9 till May 15.
Banano has been last week as its price has been predominantly falling. BAN was caught in a period of low volatility, which was reflected in its price action. There has been a fall in the market capitalization of the asset during the period under review. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
Slightly bearish : traders witnessed Banano moving down 3% from May 8 till May 14.
The downward movement of the Banano price last week indicates the chosen market is bearish. The situation on the BAN market shows that the underlying asset is currently experiencing a period of medium volatility. There has been a fall in the market capitalization of the asset during the period under review. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
May 8 - May 14 market wrap: Banano had a slight 3% drop.
Between May 8 - May 14, Banano has been mostly bearish as its price has been in the falling mode. The situation on the BAN market shows that the underlying asset is currently experiencing a period of medium volatility. The asset saw its market capitalization falling over the reviewed period together with its price. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
Banano slid down by 3% last week (May 5 - May 11) as the sellers pushed back.
The downward movement of the Banano price last week indicates the chosen market is. The volatility associated with the BAN market was low, as were its price fluctuations. 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.