Hermez Network(hez)market reviews and price predictions
Hermez Network market statement for 2023-05-29
Yesterday the price of hez stood at $4.89. The market capitalization of the asset was $83 073 829. Hermez Network’s volatility was established at 0.41%. The trading volume of the coin reached $211 991.
Hermez Network prognosis for the next days:
We estimate the price of Hermez Network to be $4.86 tomorrow 2023-06-04 and $4.88 on 2023-06-10;
We estimate the market capitalization of Hermez Network to reach $81 578 426 tomorrow 2023-06-04 and $81 787 391 on 2023-06-06;
We estimate the volatility of Hermez Network to become 0.71% tomorrow 2023-06-04 and 0.79% on 2023-06-06;
We estimate the trading volume of Hermez Network to amount to $194 967 tomorrow 2023-06-04 and $196 878 on 2023-06-06.
Our recommendation for the pair HEZ/USD for tomorrow, 2023-06-04, to hold.
Hermez Network market stayed flat from May 23 - May 29.
Hermez Network portrayed neutral behavior last week, with no changes in the price. HEZ 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.
The torpid Hermez Network had its price rise only by 1% last week (May 22 - May 28).
The upward movement of the Hermez Network price last week indicates the chosen market is. HEZ was caught in a period of low volatility, which was reflected in its price action. 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.
Slightly bearish : traders witnessed Hermez Network moving down 1% from May 19 till May 25.
The analysis of last week’s price action shows that the Hermez Network market is in the phase since the price has been moving downward. HEZ was caught in a period of low volatility, which was reflected in its price action. 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.
Hermez Network sees limited 2% gains between May 18 and May 24 as the market cools down.
The analysis of last week’s price action shows that the Hermez Network market is in the bearish phase since the price has been moving upward. The situation on the HEZ market shows that the underlying asset is currently experiencing a period of low volatility. 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 (May 18 - May 24) irresolute Hermez Network : the price moved up no more than 2%.
The upward movement of the Hermez Network price last week indicates the chosen market is bearish. The situation on the HEZ 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 decreased market capitalization of the said digital asset. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Hermez Network market stayed flat from May 17 - May 23.
Hermez Network portrayed neutral behavior last week, with no changes in the price. The price swings of HEZ pointed to the presence of low 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.
Hermez Network market stayed flat from May 9 - May 15.
Hermez Network portrayed neutral behavior last week, with no changes in the price. HEZ 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 price action of the crypto coin last week took place on the back of decreased trading volume.
Hermez Network market stayed flat from May 9 - May 15.
Hermez Network portrayed neutral behavior last week, with no changes in the price. The price swings of HEZ pointed to the presence of low volatility. The price action on the coin's market translated to the decline of market capitalization. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Down by 1% : The Hermez Network market saw some bearish action last week (May 8 - May 14).
The price of Hermez Network was falling last from May 8 until May 14, giving enough reason to conclude that the market is bearish. The volatility of HEZ has been low throughout the reviewed period in correspondence with the 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.
Slightly bearish : traders witnessed Hermez Network moving down 3% from May 5 till May 11.
Hermez Network has been bearish last week as its price has been predominantly falling. HEZ has been going through a period of low 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 price action of the crypto coin last week took place on the back of decreased trading volume.