Blocknet(block)market reviews and price predictions
Blocknet market statement for 2023-02-03
Yesterday the price of block stood at $0.09. The market capitalization of the asset was $903 303. Blocknet’s volatility was established at 0.07%. The trading volume of the coin reached $241.
Blocknet prognosis for the next days:
We estimate the price of Blocknet to be $0.09 tomorrow 2023-02-09 and $0.1 on 2023-02-15;
We estimate the market capitalization of Blocknet to reach $892 607 tomorrow 2023-02-09 and $892 290 on 2023-02-11;
We estimate the volatility of Blocknet to become 2.5% tomorrow 2023-02-09 and 1.94% on 2023-02-11;
We estimate the trading volume of Blocknet to amount to $454 tomorrow 2023-02-09 and $359 on 2023-02-11.
Our recommendation for the pair BLOCK/USD for tomorrow, 2023-02-09, to buy.
January 28 - February 3 market wrap: Blocknet had a slight 1% drop.
The downward movement of the Blocknet price last week indicates the chosen market is. The price swings of BLOCK pointed to the presence 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.
Blocknet lost 9% in the period January 21 - January 27 as a result of selling pressure.
The bearish behavior of Blocknet last week was characterized by the occurrence of downswings. The price swings of BLOCK pointed to the presence of medium volatility. The asset saw its market capitalization falling over the reviewed period together with its price. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
A 15% drop on the Blocknet market last week (January 20 - January 26) signals that the sellers are gaining strength.
Blocknet has been bearish last week as its price has been predominantly falling. The situation on the BLOCK market shows that the underlying asset is currently experiencing a period of medium volatility. The price action on the coin's market translated to the growth of market capitalization. The price action of the crypto coin last week took place on the back of increased trading volume.
Blocknet market stayed flat from January 15 - January 21.
Blocknet portrayed neutral behavior last week, with no changes in the price. The price swings of BLOCK 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.
Blocknet sees limited 2% gains between January 14 and January 20 as the market cools down.
Between January 14 - January 20, Blocknet has been mostly as its price has been in the rising mode. The volatility associated with the BLOCK market was medium, as were its price fluctuations. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
Blocknet lost 9% in the period January 13 - January 19 as a result of selling pressure.
The analysis of last week’s price action shows that the Blocknet market is in the bearish phase since the price has been moving downward. BLOCK 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 falling. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
The bears had a field day between January 12 and January 18 as Blocknet got knocked down by 14%.
The analysis of last week’s price action shows that the Blocknet market is in the bearish phase since the price has been moving downward. The situation on the BLOCK market shows that the underlying asset is currently experiencing a period of medium volatility. There has been a fall 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 decreased trading volume.
Bearish response: The Blocknet price melts by 2% between January 8 and January 14.
Between January 8 - January 14, Blocknet has been mostly bearish as its price has been in the falling mode. BLOCK 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 past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
A 12% price appreciation seen on the Blocknet market between January 6 and January 12.
Blocknet has been last week as its price has been predominantly rising. The volatility associated with the BLOCK market was medium, as were its price fluctuations. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
The market crumbled last week (January 2 - January 8) as Blocknet lost 12%.
Blocknet has been bearish last week as its price has been predominantly falling. BLOCK 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 past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.