RAI Finance

Slightly bearish : traders witnessed RAI Finance moving down 5% from September 23 till September 29.

The behavior of RAI Finance last week was characterized by the occurrence of downswings. The volatility of SOFI has been low throughout the reviewed period in correspondence with the 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.

RAI Finance is experiencing low volatility, as confirmed by our comprehensive analysis. The average volatility of SOFI was as low as 0.31%, causing the dull price action. The most significant price swings occurred on September 27, when the volatility of the coin was at its highest for the given period at 5.05%. The calmest period on the asset's market was registered on September 28, when the volatility failed to exceed 0.31%. The low volatility of 0.31% means that the crypto coin is weak and incapable of any sizable price swings.

SOFI made a 2% step in an upward direction during the first daily trading session that took place on September 23. September 24 saw the coin going another 4% since the open, supported by the corresponding trading volume. On September 25, the market was moving to the downside as RAI Finance went 2% down from the low at $0.17 to the high at $0.18. On September 26, the value of SOFI was in the range, with the market remaining flat. On September 27, RAI Finance finished the trading day with no changes to the flatlined market. The trading period on September 28 saw the crypto coin forming the price amplitude between the open at $0.17 and the close at $0.17, also interacting with $0.16 (24H low) and $0.16 (24H high). As for the occurrences on September 29, the price of the coin bottomed at $0.16 and peaked at $0.17, while its daily range formed between $0.17 and $0.16. Over the course of all trading sessions, the asset established the weekly low at $0.16 while buyers managed to push the price up to the weekly high at $0.18. RAI Finance bounced 5% between the low of the week and the peak price for the same time period, ultimately creating a price range of $0.008.

RAI Finance ’s average trading volume on the opening day of the observed time period, September 23, stood at $1 440 481, while on the closing day of the same period, it moved to $527 562. Over the week that came before the analyzed time span, the average trading volume of SOFI ranged between $373 389 and $6 443 366. The 60% change in trading volume in the asset's market, compared to last week, supported the price movement that allowed the cryptocurrency to alter its value by 5%.

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.

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Article date: September 29 | September 23 - 29

Market reviews for similar coins for September 23 - 29