Binance Coin(bnb)market reviews and price predictions

Binance Coin market statement for 2023-02-06

Yesterday the price of bnb stood at $328. The market capitalization of the asset was $44 225 334 687. Binance Coin’s volatility was established at 0.81%. The trading volume of the coin reached $214 914 371.

Binance Coin prognosis for the next days:

We estimate the price of Binance Coin to be $327 tomorrow 2023-02-08 and $317 on 2023-02-14;

We estimate the market capitalization of Binance Coin to reach $42 290 343 630 tomorrow 2023-02-08 and $43 406 880 180 on 2023-02-10;

We estimate the volatility of Binance Coin to become 2.58% tomorrow 2023-02-08 and 1.95% on 2023-02-10;

We estimate the trading volume of Binance Coin to amount to $797 073 922 tomorrow 2023-02-08 and $642 969 134 on 2023-02-10.

Our recommendation for the pair BNB/USD for tomorrow, 2023-02-08, to sell.

Binance Coin(bnb)week price prediction
3%
Price
Volatility
Capitalization
Volume
Jan 08Jan 15Jan 22Jan 29Feb 05Feb 12Jan 08Jan 15Jan 22Jan 29Feb 05Feb 12270280290300310320330270280290300310320330
Today's review

Restrained price action on January 31 to February 6 as Binance Coin moves up by only 5%.

The analysis of last week’s price action shows that the Binance Coin market is in the bullish phase since the price has been moving upward. The situation on the BNB 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. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.

Latest reviews

Binance Coin slid down by 1% last week (January 24 - January 30) as the sellers pushed back.

The downward movement of the Binance Coin price last week indicates the chosen market is bullish. The situation on the BNB 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 trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.

The torpid Binance Coin had its price rise only by 4% last week (January 23 - January 29).

The upward movement of the Binance Coin price last week indicates the chosen market is bullish. BNB 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. 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 January 21 and January 27 as Binance Coin gains only 2%.

Between January 21 - January 27, Binance Coin has been mostly bullish as its price has been in the rising mode. The volatility associated with the BNB 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.

Binance Coin sees limited 4% gains between January 20 and January 26 as the market cools down.

The upward movement of the Binance Coin price last week indicates the chosen market is bullish. The situation on the BNB 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 crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.

The torpid Binance Coin had its price rise only by 3% last week (January 19 - January 25).

The upward movement of the Binance Coin price last week indicates the chosen market is bullish. BNB has been going through a period of low volatility, which fell in line with the occurred price changes. The price action on the coin's market translated to the growth of market capitalization. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.

A 6% price increase last week (January 18 - January 24) confirms the bullishness of Binance Coin.

Between January 18 - January 24, Binance Coin has been mostly bullish as its price has been in the rising mode. BNB 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 trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.

The torpid Binance Coin had its price rise only by 1% last week (January 17 - January 23).

The price of Binance Coin was rising last from January 17 until January 23, giving enough reason to conclude that the market is bullish. The situation on the BNB market shows that the underlying asset is currently experiencing a period of low 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.

Restrained price action on January 16 to January 22 as Binance Coin moves up by only 2%.

Between January 16 - January 22, Binance Coin has been mostly bullish as its price has been in the rising mode. The volatility of BNB has been low throughout the reviewed period in correspondence with the price action. The asset saw its market capitalization falling over the reviewed period together with its price. The price action of the crypto coin from last week stemmed from the decreasing trading volume.

Last week’s (January 15 - January 21) irresolute Binance Coin : the price moved up no more than 1%.

Binance Coin has been bullish last week as its price has been predominantly rising. The volatility associated with the BNB market was low, as were its price fluctuations. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.

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