Bankless BED Index(bed)market reviews and price predictions
Bankless BED Index market statement for 2023-05-30
Yesterday the price of bed stood at $59.76. The market capitalization of the asset was $1 169 411. Bankless BED Index’s volatility was established at 0.9%. The trading volume of the coin reached $14.74.
Bankless BED Index prognosis for the next days:
We estimate the price of Bankless BED Index to be $57.51 tomorrow 2023-06-04 and $58.45 on 2023-06-10;
We estimate the market capitalization of Bankless BED Index to reach $1 126 899 tomorrow 2023-06-04 and $1 138 684 on 2023-06-06;
We estimate the volatility of Bankless BED Index to become 1.85% tomorrow 2023-06-04 and 1.49% on 2023-06-06;
We estimate the trading volume of Bankless BED Index to amount to $338 tomorrow 2023-06-04 and $238 on 2023-06-06.
Our recommendation for the pair BED/USD for tomorrow, 2023-06-04, to sell.
Buyers weakened their grip on the Bankless BED Index market (May 24 - May 30) as the price rose only by 5%.
The analysis of last week’s price action shows that the Bankless BED Index market is in the phase since the price has been moving upward. The situation on the BED market shows that the underlying asset is currently experiencing a period of low volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
May 19 - May 25 market wrap: Bankless BED Index had a slight 1% drop.
Between May 19 - May 25, Bankless BED Index has been mostly as its price has been in the falling mode. BED was caught in a period of low volatility, which was reflected in its price action. The price action on the coin's market translated to the decline of market capitalization. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
Down by 3% : The Bankless BED Index market saw some bearish action last week (May 12 - May 18).
Bankless BED Index has been bearish last week as its price has been predominantly falling. The volatility of BED has been low throughout the reviewed period in correspondence with the price action. There has been a rise in the market capitalization of the asset during the period under review. The price action of the crypto coin last week took place on the back of increased trading volume.
Bankless BED Index retraces by 4% in the period May 10 - May 16 as the market turns slightly bearish.
The bearish behavior of Bankless BED Index last week was characterized by the occurrence of downswings. BED was caught in a period of low volatility, which was reflected in its 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.
Bankless BED Index retraces by 4% in the period May 10 - May 16 as the market turns slightly bearish.
Between May 10 - May 16, Bankless BED Index has been mostly bearish as its price has been in the falling mode. The volatility associated with the BED 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.
Down by 4% : The Bankless BED Index market saw some bearish action last week (May 10 - May 16).
The price of Bankless BED Index was falling last from May 10 until May 16, giving enough reason to conclude that the market is bearish. The volatility associated with the BED 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.
Last week’s (May 1 - May 7) irresolute Bankless BED Index : the price moved up no more than 5%.
Between May 1 - May 7, Bankless BED Index has been mostly as its price has been in the rising mode. BED 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.
The market crumbled last week (April 18 - April 24) as Bankless BED Index lost 11%.
The analysis of last week’s price action shows that the Bankless BED Index market is in the bearish phase since the price has been moving downward. The situation on the BED 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. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
The market crumbled last week (April 18 - April 24) as Bankless BED Index lost 11%.
The price of Bankless BED Index was falling last from April 18 until April 24, giving enough reason to conclude that the market is bearish. BED was caught in a period of low volatility, which was reflected in its price action. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Bankless BED Index analysis April 18 - April 24 : bears in all-out attack as the price collapses by 11%.
Between April 18 - April 24, Bankless BED Index has been mostly bearish as its price has been in the falling mode. The volatility associated with the BED market was low, as were its price fluctuations. There has been a fall in the market capitalization of the asset during the period under review. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.