How are you all? I hope everyone is well. While observing the charts of various tokens all day today, BDX caught my attention a little more. So I thought I would organise the market movement of the whole day in my own way and share it with you.

When I woke up in the morning and looked at the first chart, it was clear that BDX was not very stable today—at one time, it was creating upward momentum, and then a slight dip was forming within a short time. The price was fluctuating within the range of roughly $0.0865–$0.0875.

At the beginning of the morning session, BDX was slightly down, but later a small growth was gradually seen. In the middle, there were several sharp fluctuations on the chart, meaning the price suddenly increased in a jump and then suddenly decreased a little, which meant that the activity of traders in the market was quite good today.

BDX started to stabilise a bit after noon. Then, a few candles showed quite nice growth. Especially in the afternoon, the price rose to $0.08719, which is clearly visible on the Coingecko chart. The trading volume throughout the day was also impressive — about $11.5M+ volume. Having so much volume means that there is not much interest in BDX in the market.

The market cap is also currently in a very strong position, $650M+, and the circulating supply is also increasing. Looking at these, it seems that the token is gradually becoming more acceptable to users.

What I personally found most important about today's chart is that the price of BDX did not collapse too much, nor did it suddenly pump excessively. This is usually a characteristic of strong projects — those that build their position slowly but steadily.

My opinion on future prospects

From what I understand, BDX is a privacy-focused project, and its network is constantly growing. Looking at the market cap, volume, and supply, it seems that the token has not yet reached its full potential.

One good thing about BDX is that it does not behave in a sudden Pump & Dump type of way. Rather, it gradually rises over time, which is usually a good signal for long-term holders.

If there is no major negative news in the market, then the possibility of BDX gradually touching the $0.10 level in the future seems very realistic. And if the market remains bullish, then there is a chance to go even higher.

Overall, looking at today's chart, I think BDX had a healthy trading day today. The price fluctuated, the volume was good, and the market structure was also fairly positive. The way I saw the chart throughout the day, I thought this token was worth keeping an eye on, especially for those interested in the Privacy coin sector.