Bezant (BZNT): How Does the Chart Look Monday?

Monday, January 03, 2022 08:46 AM | InvestorsObserver Analysts

Bezant receives a weak short-term technical ranking of 1 from InvestorsObserver data analysis. The proprietary ranking system focuses on the recent trading patters over the past month to determine the strength of its short-term technicals. BZNT has a superior recent technical analysis than 1% of tokens based on these trading metrics. Investors primarily focused on shorter term investment strategies will find this technical analysis most relevant to their goals when determining whether to invest in a particular crypto.

InvestorsObserver is giving Bezant a 1 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Bezant!

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Trading Analysis

BZNT is currently $0.000362 (17.52%) above its 30-day low of $0.002066298 and -$0.031267 (-92.79%) below its 30-day high of $0.03369483. Additionally, BZNT is under its average price of $0.006601126 over the past month of trading with its current price of $0.002428292. Overall, the recent trading history of Bezant suggest that traders are currently bearish on the token. BZNT has a low market cap compared to the majority of tokens with a total market value of $2,133,008.81. Bezant's relatively low market value comes as it sits under $100 million while the top 100 cryptos remain above $1 billion in market cap and the top 500 sit above $100 million. Bezant's average volume is low as $496.35 worth of the token is typically traded over a 24 hour period. BZNT's volume is relatively low as the most traded 100 cryptos typically have $100 million exchanged each day and smaller cryptos tend to sit under $5 million traded over 24 hours. Over the past 24 hours BZNT's volume is below its average with $92.56 exchanged.

Summary

BZNT's recent trading over the past month give it a weak short-term technical score as its recent price movement give traders reason to be more bearish on the token in the short-term. Click Here to get the full Report on Bezant (BZNT).