Aldrin(rin)market reviews and price predictions
Aldrin market statement for 2023-02-01
Yesterday the price of rin stood at $0.12. The market capitalization of the asset was $1 460 478. Aldrin’s volatility was established at 1.24%. The trading volume of the coin reached $12 613.
Aldrin prognosis for the next days:
We estimate the price of Aldrin to be $0.12 tomorrow 2023-02-05 and $0.12 on 2023-02-11;
We estimate the market capitalization of Aldrin to reach $1 494 805 tomorrow 2023-02-05 and $1 480 904 on 2023-02-07;
We estimate the volatility of Aldrin to become 1.84% tomorrow 2023-02-05 and 1.28% on 2023-02-07;
We estimate the trading volume of Aldrin to amount to $13 716 tomorrow 2023-02-05 and $13 258 on 2023-02-07.
Our recommendation for the pair RIN/USD for tomorrow, 2023-02-05, to buy.
Down by 3% : The Aldrin market saw some bearish action last week (January 26 - February 1).
The analysis of last week’s price action shows that the Aldrin market is in the phase since the price has been moving downward. The volatility associated with the RIN market was low, as were its price fluctuations. The price action on the coin's market translated to the decline of market capitalization. The price action of the crypto coin last week took place on the back of decreased trading volume.
Aldrin retraces by 2% in the period January 25 - January 31 as the market turns slightly bearish.
Aldrin has been last week as its price has been predominantly falling. The price swings of RIN pointed to the presence of low volatility. 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.
Restrained price action on January 17 to January 23 as Aldrin moves up by only 2%.
The analysis of last week’s price action shows that the Aldrin market is in the bullish phase since the price has been moving upward. The situation on the RIN market shows that the underlying asset is currently experiencing a period of low volatility. 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.
Reservedly bullish : the price of Aldrin grew by 7% in the period of January 14 - January 20.
The price of Aldrin was rising last from January 14 until January 20, giving enough reason to conclude that the market is bullish. The situation on the RIN market shows that the underlying asset is currently experiencing a period of low volatility. The asset saw its market capitalization growing over the reviewed period together with its price. The price action of the crypto coin from last week stemmed from the increasing trading volume.
Aldrin showed a moderate 9% growth between January 13 and January 19.
The price of Aldrin was rising last from January 13 until January 19, giving enough reason to conclude that the market is bullish. The price swings of RIN pointed to the presence of low volatility. There has been a rise in the market capitalization of the asset during the period under review. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
Reservedly bullish : the price of Aldrin grew by 7% in the period of January 12 - January 18.
Aldrin has been bullish last week as its price has been predominantly rising. The volatility associated with the RIN market was low, as were its price fluctuations. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
January 10 - January 16 price action recap: Aldrin sees a weak 5% gain as the buyers take a step back.
The bullish behavior of Aldrin last week was characterized by the occurrence of upswings. The volatility of RIN has been low throughout the reviewed period in correspondence with the price action. The market capitalization of the asset has been increasing in concert with the price of the coin. The price action of the crypto coin from last week stemmed from the increasing trading volume.
Slightly bearish : traders witnessed Aldrin moving down 1% from January 6 till January 12.
Between January 6 - January 12, Aldrin has been mostly bearish as its price has been in the falling mode. RIN 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.
Aldrin market stayed flat from December 31 - January 6.
Aldrin portrayed neutral behavior last week, with no changes in the price. The situation on the RIN 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 increased market capitalization of the said digital asset. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
Aldrin market stayed flat from December 31 - January 6.
Aldrin portrayed neutral behavior last week, with no changes in the price. The volatility associated with the RIN market was low, as were its price fluctuations. 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.