Coins
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RAI Finance
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2022-09-12

September 6 - September 12 price action review: RAI Finance goes down by 9%.

The analysis of last week’s price action shows that the RAI Finance market is in the phase since the price has been moving downward. The volatility associated with the SOFI market was low, as were its price fluctuations. 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 volatility is low on the RAI Finance market, as the latest data suggests. The average volatility of SOFI was as low as 0.24%, causing the dull price action. The peak of the coin's volatility for the given time period was reached on September 10 when this parameter went as low as 4.38%. The quietest period on the asset's market was recorded on September 10, when the volatility dropped to the minimum at 0.24%. Since the crypto coin is displaying low levels of volatility, the price action is likely to remain feeble.

On September 6, the first trading session of the reviewed time period, the market participants saw SOFI moving up by 4%. The market sentiment on September 7 stayed as the coin obtained another 4%. The price range of RAI Finance formed between $0.16 and $0.17 on September 8 as the price traveled 2% down. Over the next trading period (on September 9), SOFI was moving up by 2% on the back of a congruous trading volume. The developments on the RAI Finance market on September 10 started with the price opening at $0.16 and subsequently moving to $0.16, the close of the day, while dropping to the 24H low at $0.155 and spiking to the 24H high at $0.155. No changes were observed on the crypto coin's market on September 11. On the last day of the reviewed period, the coin was locked between $0.16 and $0.15, though the price managed to puncture these levels to reach the 24H high at $0.16 and the 24H low at $0.15. Over the course of all trading sessions, the asset established the weekly low at $0.15 while buyers managed to push the price up to the weekly high at $0.17. The difference between the lowest and the highest price points for the week was 9%, as the price moved in the $0.01 wide corridor.

The trading activity on the RAI Finance market over the past week - September 6 to September 12 - generated the average trading volume that went from $2 242 807 to $254 287. Over the week that came before the analyzed time span, the average trading volume of SOFI ranged between $344 943 and $7 426 423. The 48% trading volume fluctuation between September 6 and September 12, as compared with the previous period, served as a basis for a 9% price move.

SOFI experienced no change in total market capitalization during the past week. The price of the coin was not changed, with a 0% shift in its total market capitalization. RAI Finance market capitalization from the week before experienced no change, as a result there were no price fluctuations.

Price
Volatility
Capitalization
Volume
Wed 07Fri 09Sep 11Wed 07Fri 09Sep 110.1500.1550.1600.1500.1550.160
Article date: September 12 | September 6 - 12

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