Bella Protocol(bel)market reviews and price predictions
Bella Protocol market statement for 2023-05-31
Yesterday the price of bel stood at $0.79. The market capitalization of the asset was $49 402 839. Bella Protocol’s volatility was established at 5.23%. The trading volume of the coin reached $12 695 062.
Bella Protocol prognosis for the next days:
We estimate the price of Bella Protocol to be $0.76 tomorrow 2023-06-03 and $0.74 on 2023-06-09;
We estimate the market capitalization of Bella Protocol to reach $45 145 241 tomorrow 2023-06-03 and $47 114 309 on 2023-06-05;
We estimate the volatility of Bella Protocol to become 4.89% tomorrow 2023-06-03 and 4.53% on 2023-06-05;
We estimate the trading volume of Bella Protocol to amount to $31 893 671 tomorrow 2023-06-03 and $27 976 156 on 2023-06-05.
Our recommendation for the pair BEL/USD for tomorrow, 2023-06-03, to sell.
The bullish pressure subsides between May 25 and May 31 as Bella Protocol gains only 1%.
Between May 25 - May 31, Bella Protocol has been mostly bullish as its price has been in the rising mode. The price swings of BEL pointed to the presence of low volatility. 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.
The bullish pressure subsides between May 25 and May 31 as Bella Protocol gains only 1%.
Between May 25 - May 31, Bella Protocol has been mostly bullish as its price has been in the rising mode. The price swings of BEL pointed to the presence of low volatility. The market capitalization of the asset has been increasing in concert with the price of the coin. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.
The torpid Bella Protocol had its price rise only by 1% last week (May 25 - May 31).
The analysis of last week’s price action shows that the Bella Protocol market is in the bullish phase since the price has been moving upward. The situation on the BEL market shows that the underlying asset is currently experiencing a period of low 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.
The bulls muster more strength as Bella Protocol rises by 14% from May 19 to May 25.
The upward movement of the Bella Protocol price last week indicates the chosen market is. BEL has been going through a period of medium volatility, which fell in line with the occurred price changes. The asset saw its market capitalization growing over the reviewed period together with its price. The price action of the crypto coin from last week stemmed from the increasing trading volume.
Market analysis May 18 - May 24 : Bella Protocol posts a 14% rally.
Between May 18 - May 24, Bella Protocol has been mostly bullish as its price has been in the rising mode. BEL 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 past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
The torpid Bella Protocol had its price rise only by 1% last week (May 15 - May 21).
The price of Bella Protocol was rising last from May 15 until May 21, giving enough reason to conclude that the market is. The volatility associated with the BEL market was low, as were its price fluctuations. The market capitalization of the asset has been increasing in concert with the price of the coin. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.
The bullish pressure subsides between May 9 and May 15 as Bella Protocol gains only 3%.
The analysis of last week’s price action shows that the Bella Protocol market is in the phase since the price has been moving upward. BEL 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 rising. The price action of the crypto coin last week took place on the back of increased trading volume.
The bullish pressure subsides between May 9 and May 15 as Bella Protocol gains only 3%.
Between May 9 - May 15, Bella Protocol has been mostly as its price has been in the rising mode. The volatility associated with the BEL market was low, as were its price fluctuations. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The price action of the crypto coin last week took place on the back of increased trading volume.
The May 7 - 13 market report: Bella Protocol plunges by 15% as sellers apply more pressure.
The price of Bella Protocol was falling last from May 7 until May 13, giving enough reason to conclude that the market is bearish. BEL was caught in a period of medium 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 crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
The bleeding market: Bella Protocol loses 8% between May 6 and May 12 as the selling pressure grows.
The downward movement of the Bella Protocol price last week indicates the chosen market is bearish. The situation on the BEL 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. The price action of the crypto coin last week took place on the back of decreased trading volume.