Rally(rly)market reviews and price predictions
Rally market statement for 2023-01-30
Yesterday the price of rly stood at $0.02. The market capitalization of the asset was $73 349 527. Rally’s volatility was established at 1.31%. The trading volume of the coin reached $5 991 052.
Rally prognosis for the next days:
We estimate the price of Rally to be $0.01 tomorrow 2023-02-05 and $0.01 on 2023-02-11;
We estimate the market capitalization of Rally to reach $58 096 784 tomorrow 2023-02-05 and $62 903 777 on 2023-02-07;
We estimate the volatility of Rally to become 3.36% tomorrow 2023-02-05 and 4.26% on 2023-02-07;
We estimate the trading volume of Rally to amount to $3 620 081 tomorrow 2023-02-05 and $4 021 917 on 2023-02-07.
Our recommendation for the pair RLY/USD for tomorrow, 2023-02-05, to sell.
Rally exploded by 20% in the period of January 24 - January 30 as the buyers got an upper hand.
Rally has been bullish last week as its price has been predominantly rising. The situation on the RLY market shows that the underlying asset is currently experiencing a period of medium volatility. 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.
Rally showed a moderate 10% growth between January 22 and January 28.
Between January 22 - January 28, Rally has been mostly bullish as its price has been in the rising mode. The volatility of RLY has been medium throughout the reviewed period in correspondence with the price action. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.
The buyers controlled the Rally market between January 20 and January 26 as the price grew by 7%.
The upward movement of the Rally price last week indicates the chosen market is bullish. The volatility of RLY has been medium throughout the reviewed period in correspondence with the price action. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
Rally exploded by 22% in the period of January 18 - January 24 as the buyers got an upper hand.
The price of Rally was rising last from January 18 until January 24, giving enough reason to conclude that the market is bullish. RLY has been going through a period of high volatility, which fell in line with the occurred price changes. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.
January 16 - January 22 market watch: Rally goes up by 14% as buying pressure persists.
Rally has been bullish last week as its price has been predominantly rising. The volatility of RLY has been high 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.
A 18% price appreciation seen on the Rally market between January 14 and January 20.
The analysis of last week’s price action shows that the Rally market is in the bullish phase since the price has been moving upward. The situation on the RLY market shows that the underlying asset is currently experiencing a period of high volatility. The market capitalization of the asset has been increasing in concert with the price of the coin. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.
Buyers kept pushing the Rally market to the upside between January 4 and January 10 as the price increased by 7%.
The analysis of last week’s price action shows that the Rally market is in the phase since the price has been moving upward. RLY was caught in a period of medium volatility, which was reflected in its price action. The market capitalization of the asset has been decreasing in concert with the price of the coin. The price action of the crypto coin last week took place on the back of decreased trading volume.
Reservedly bullish : the price of Rally grew by 10% in the period of January 3 - January 9.
Rally has been last week as its price has been predominantly rising. The volatility associated with the RLY market was medium, as were its price fluctuations. The market capitalization of the asset has been decreasing in concert with the price of the coin. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
The bullish pressure subsides between December 30 and January 5 as Rally gains only 4%.
The behavior of Rally last week was characterized by the occurrence of upswings. The situation on the RLY market shows that the underlying asset is currently experiencing a period of medium volatility. There has been a fall in the market capitalization of the asset during the period under review. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
Bearish response: The Rally price melts by 3% between December 26 and January 1.
The analysis of last week’s price action shows that the Rally market is in the bearish phase since the price has been moving downward. RLY was caught in a period of medium volatility, which was reflected in its price action. The price action on the coin's market translated to the decline of market capitalization. The price action of the crypto coin from last week stemmed from the decreasing trading volume.