Benzene(bzn)market reviews and price predictions

Benzene market statement for 2023-05-29

Yesterday the price of bzn stood at $0.14. The market capitalization of the asset was $142 683. Benzene’s volatility was established at 1.26%. The trading volume of the coin reached $86.65.

Benzene prognosis for the next days:

We estimate the price of Benzene to be $0.14 tomorrow 2023-05-31 and $0.15 on 2023-06-06;

We estimate the market capitalization of Benzene to reach $152 381 tomorrow 2023-05-31 and $147 095 on 2023-06-02;

We estimate the volatility of Benzene to become 3.34% tomorrow 2023-05-31 and 3.26% on 2023-06-02;

We estimate the trading volume of Benzene to amount to $813 tomorrow 2023-05-31 and $577 on 2023-06-02.

Our recommendation for the pair BZN/USD for tomorrow, 2023-05-31, to buy.

Benzene(bzn)week price prediction
2%
Price
Volatility
Capitalization
Volume
May 07May 14May 21May 28Jun 04May 07May 14May 21May 28Jun 040.1300.1400.1500.1600.1700.1800.1900.1300.1400.1500.1600.1700.1800.190
Today's review

Bearish price action on May 23 to May 29 resulted in Benzene by 7%.

The downward movement of the Benzene price last week indicates the chosen market is. The price swings of BZN pointed to the presence of medium volatility. The market capitalization of the asset has been decreasing in concert with the price of the coin. The price action of the crypto coin from last week stemmed from the decreasing trading volume.

Latest reviews

May 20 - May 26 price action recap: Benzene sees a weak 1% gain as the buyers take a step back.

The behavior of Benzene last week was characterized by the occurrence of upswings. BZN 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 rising. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.

Benzene market outlook from May 19 - May 25 :the price surges by 15%.

The upward movement of the Benzene price last week indicates the chosen market is. The volatility of BZN has been medium 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 from last week stemmed from the increasing trading volume.

The bulls muster more strength as Benzene rises by 15% from May 19 to May 25.

The upward movement of the Benzene price last week indicates the chosen market is. The situation on the BZN market shows that the underlying asset is currently experiencing a period of medium volatility. The market capitalization of the asset has been increasing in concert with the price of the coin. The price action of the crypto coin from last week stemmed from the increasing trading volume.

The bears had a field day between April 24 and April 30 as Benzene got knocked down by 15%.

The downward movement of the Benzene price last week indicates the chosen market is bearish. The price swings of BZN 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 April 21 - 27 market report: Benzene plunges by 31% as sellers apply more pressure.

Benzene has been bearish last week as its price has been predominantly falling. The situation on the BZN market shows that the underlying asset is currently experiencing a period of high volatility. The price action on the coin's market translated to the decline of market capitalization. The price action of the crypto coin last week took place on the back of decreased trading volume.

The April 20 - 26 market report: Benzene plunges by 11% as sellers apply more pressure.

The price of Benzene was falling last from April 20 until April 26, giving enough reason to conclude that the market is bearish. The situation on the BZN market shows that the underlying asset is currently experiencing a period of high volatility. 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 price action on April 13 to April 19 resulted in Benzene by 9%.

The analysis of last week’s price action shows that the Benzene market is in the phase since the price has been moving downward. The situation on the BZN market shows that the underlying asset is currently experiencing a period of medium volatility. There has been a rise in the market capitalization of the asset during the period under review. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.

Benzene showed a moderate 9% growth between April 12 and April 18.

The behavior of Benzene last week was characterized by the occurrence of upswings. The situation on the BZN market shows that the underlying asset is currently experiencing a period of medium volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.

April 11 - April 17 price action review: Benzene goes down by 10%.

Between April 11 - April 17, Benzene has been mostly bearish as its price has been in the falling mode. The price swings of BZN pointed to the presence of medium volatility. The market capitalization of the asset has been increasing in concert with the price of the coin. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.

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