Honey(hny)market reviews and price predictions
Honey market statement for 2023-02-03
Yesterday the price of hny stood at $13.92. The market capitalization of the asset was 0. Honey’s volatility was established at 0.07%. The trading volume of the coin reached $1 115.
Honey prognosis for the next days:
We estimate the price of Honey to be $15.58 tomorrow 2023-02-08 and $14.93 on 2023-02-14;
We estimate the market capitalization of Honey to reach 0 tomorrow 2023-02-08 and 0 on 2023-02-10;
We estimate the volatility of Honey to become 29.08% tomorrow 2023-02-08 and 22.08% on 2023-02-10;
We estimate the trading volume of Honey to amount to $1 511 tomorrow 2023-02-08 and $1 452 on 2023-02-10.
Our recommendation for the pair HNY/USD for tomorrow, 2023-02-08, to buy.
The bullish pressure subsides between January 28 and February 3 as Honey gains only 1%.
The behavior of Honey last week was characterized by the occurrence of upswings. The situation on the HNY market shows that the underlying asset is currently experiencing a period of high volatility. 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.
Honey market stayed flat from January 21 - January 27.
Honey portrayed neutral behavior last week, with no changes in the price. The situation on the HNY market shows that the underlying asset is currently experiencing a period of low volatility. 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.
Honey market stayed flat from January 18 - January 24.
Honey portrayed neutral behavior last week, with no changes in the price. HNY has been going through a period of low volatility, which fell in line with the occurred price changes. 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.
A 10% price increase last week (January 9 - January 15) confirms the bullishness of Honey.
The analysis of last week’s price action shows that the Honey market is in the bullish phase since the price has been moving upward. The price swings of HNY pointed to the presence of medium volatility. 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.
Market analysis January 8 - January 14 : Honey posts a 17% rally.
Between January 8 - January 14, Honey has been mostly bullish as its price has been in the rising mode. The price swings of HNY pointed to the presence of medium volatility. 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.
Honey sees limited 3% gains between January 5 and January 11 as the market cools down.
Honey has been last week as its price has been predominantly rising. The price swings of HNY pointed to the presence of low volatility. 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.
Slightly bearish : traders witnessed Honey moving down 4% from January 4 till January 10.
The analysis of last week’s price action shows that the Honey market is in the bearish phase since the price has been moving downward. HNY has been going through a period of low volatility, which fell in line with the occurred price changes. 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.
Bearish response: The Honey price melts by 2% between January 1 and January 7.
Between January 1 - January 7, Honey has been mostly as its price has been in the falling mode. HNY 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.
December 27 - January 2 market wrap: Honey had a slight 5% drop.
The price of Honey was falling last from December 27 until January 2, giving enough reason to conclude that the market is bearish. The price swings of HNY pointed to the presence of low volatility. 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.
The bleeding market: Honey loses 8% between December 24 and December 30 as the selling pressure grows.
The bearish behavior of Honey last week was characterized by the occurrence of downswings. HNY has been going through a period of low volatility, which fell in line with the occurred price changes. 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.