Basis Cash(bac)market reviews and price predictions
Basis Cash market statement for 2023-05-28
Yesterday the price of bac stood at $0.004. The market capitalization of the asset was $205 183. Basis Cash’s volatility was established at 0.18%. The trading volume of the coin reached $22 315.
Basis Cash prognosis for the next days:
We estimate the price of Basis Cash to be $0.004 tomorrow 2023-06-01 and $0.004 on 2023-06-07;
We estimate the market capitalization of Basis Cash to reach $220 440 tomorrow 2023-06-01 and $216 340 on 2023-06-03;
We estimate the volatility of Basis Cash to become 4.46% tomorrow 2023-06-01 and 3.81% on 2023-06-03;
We estimate the trading volume of Basis Cash to amount to $22 622 tomorrow 2023-06-01 and $22 748 on 2023-06-03.
Our recommendation for the pair BAC/USD for tomorrow, 2023-06-01, to sell.
Bearish response: The Basis Cash price melts by 3% between May 22 and May 28.
The behavior of Basis Cash last week was characterized by the occurrence of downswings. The volatility associated with the BAC market was medium, as were its price fluctuations. 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.
Bearish response: The Basis Cash price melts by 3% between May 19 and May 25.
Between May 19 - May 25, Basis Cash has been mostly bearish as its price has been in the falling mode. BAC was caught in a period of medium volatility, which was reflected in its price action. 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.
A 9% price increase last week (May 18 - May 24) confirms the bullishness of Basis Cash.
The price of Basis Cash was rising last from May 18 until May 24, giving enough reason to conclude that the market is. BAC was caught in a period of medium volatility, which was reflected in its price action. 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 from last week stemmed from the increasing trading volume.
The bullish pressure subsides between May 17 and May 23 as Basis Cash gains only 3%.
Between May 17 - May 23, Basis Cash has been mostly as its price has been in the rising mode. BAC was caught in a period of medium 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.
Basis Cash analysis May 10 - May 16 : bears in all-out attack as the price collapses by 18%.
The bearish behavior of Basis Cash last week was characterized by the occurrence of downswings. The price swings of BAC pointed to the presence of medium 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 May 10 - 16 market report: Basis Cash plunges by 18% as sellers apply more pressure.
The bearish behavior of Basis Cash last week was characterized by the occurrence of downswings. BAC was caught in a period of medium volatility, which was reflected in its price action. The asset saw its market capitalization falling over the reviewed period together with its price. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
A 18% drop on the Basis Cash market last week (May 10 - May 16) signals that the sellers are gaining strength.
Between May 10 - May 16, Basis Cash has been mostly bearish as its price has been in the falling mode. The volatility of BAC has been medium throughout the reviewed period in correspondence with the price action. The price action on the coin's market translated to the decline of market capitalization. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Bearish price action on May 3 to May 9 resulted in Basis Cash by 6%.
Between May 3 - May 9, Basis Cash has been mostly as its price has been in the falling mode. The volatility of BAC has been medium throughout the reviewed period in correspondence with the price action. The market capitalization of the asset has been decreasing in concert with the price of the coin. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
Basis Cash slid down by 1% last week (May 1 - May 7) as the sellers pushed back.
The analysis of last week’s price action shows that the Basis Cash market is in the phase since the price has been moving downward. The price swings of BAC pointed to the presence of medium volatility. 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.
Slightly bearish : traders witnessed Basis Cash moving down 1% from May 1 till May 7.
The downward movement of the Basis Cash price last week indicates the chosen market is. The situation on the BAC market shows that the underlying asset is currently experiencing a period of medium volatility. 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 from last week stemmed from the increasing trading volume.