Blocto Token(blt)market reviews and price predictions
Blocto Token market statement for 2023-01-25
Yesterday the price of blt stood at $0.02. The market capitalization of the asset was $546 951. Blocto Token’s volatility was established at 3.12%. The trading volume of the coin reached $35 704.
Blocto Token prognosis for the next days:
We estimate the price of Blocto Token to be $0.02 tomorrow 2023-01-27 and $0.02 on 2023-02-02;
We estimate the market capitalization of Blocto Token to reach $546 541 tomorrow 2023-01-27 and $539 769 on 2023-01-29;
We estimate the volatility of Blocto Token to become 6.21% tomorrow 2023-01-27 and 6.06% on 2023-01-29;
We estimate the trading volume of Blocto Token to amount to $37 037 tomorrow 2023-01-27 and $37 200 on 2023-01-29.
Our recommendation for the pair BLT/USD for tomorrow, 2023-01-27, to buy.
Last week’s (January 19 - January 25) irresolute Blocto Token : the price moved up no more than 5%.
Between January 19 - January 25, Blocto Token has been mostly bearish as its price has been in the rising mode. The price swings of BLT 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 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 Blocto Token price melts by 3% between January 18 and January 24.
The downward movement of the Blocto Token price last week indicates the chosen market is bearish. The volatility associated with the BLT market was medium, as were its price fluctuations. The price action on the coin's market translated to the decline of market capitalization. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
A 17% drop on the Blocto Token market last week (January 13 - January 19) signals that the sellers are gaining strength.
The analysis of last week’s price action shows that the Blocto Token market is in the bearish phase since the price has been moving downward. The price swings of BLT pointed to the presence of medium volatility. 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.
The buyers controlled the Blocto Token market between January 9 and January 15 as the price grew by 7%.
The analysis of last week’s price action shows that the Blocto Token market is in the phase since the price has been moving upward. The situation on the BLT 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.
The torpid Blocto Token had its price rise only by 2% last week (January 6 - January 12).
The price of Blocto Token was rising last from January 6 until January 12, giving enough reason to conclude that the market is bearish. The volatility of BLT has been medium throughout the reviewed period in correspondence with the price action. 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.
Bearish response: The Blocto Token price melts by 1% between January 5 and January 11.
Between January 5 - January 11, Blocto Token has been mostly bearish as its price has been in the falling mode. BLT has been going through a period of medium volatility, which fell in line with the occurred price changes. 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.
Bearish response: The Blocto Token price melts by 5% between December 26 and January 1.
Between December 26 - January 1, Blocto Token has been mostly bearish as its price has been in the falling mode. BLT was caught in a period of low volatility, which was reflected in its price action. The asset saw its market capitalization falling over the reviewed period together with its price. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
December 25 - December 31 market wrap: Blocto Token had a slight 4% drop.
The bearish behavior of Blocto Token last week was characterized by the occurrence of downswings. The volatility of BLT has been low 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 trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Bearish response: The Blocto Token price melts by 3% between December 21 and December 27.
The bearish behavior of Blocto Token last week was characterized by the occurrence of downswings. The volatility associated with the BLT market was low, as were its price fluctuations. The market capitalization of the asset has been decreasing in concert with the price of the coin. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
Blocto Token retraces by 3% in the period December 21 - December 27 as the market turns slightly bearish.
The price of Blocto Token was falling last from December 21 until December 27, giving enough reason to conclude that the market is bearish. The situation on the BLT market shows that the underlying asset is currently experiencing a period of low 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.