RedFOX Labs(rfox)market reviews and price predictions
RedFOX Labs market statement for 2023-05-25
Yesterday the price of rfox stood at $0.009. The market capitalization of the asset was $16 309 591. RedFOX Labs’s volatility was established at 1.77%. The trading volume of the coin reached $201 485.
RedFOX Labs prognosis for the next days:
We estimate the price of RedFOX Labs to be $0.008 tomorrow 2023-06-02 and $0.009 on 2023-06-08;
We estimate the market capitalization of RedFOX Labs to reach $15 610 405 tomorrow 2023-06-02 and $16 131 338 on 2023-06-04;
We estimate the volatility of RedFOX Labs to become 4.3% tomorrow 2023-06-02 and 3.94% on 2023-06-04;
We estimate the trading volume of RedFOX Labs to amount to $241 998 tomorrow 2023-06-02 and $249 228 on 2023-06-04.
Our recommendation for the pair RFOX/USD for tomorrow, 2023-06-02, to sell.
A 11% price appreciation seen on the RedFOX Labs market between May 19 and May 25.
The analysis of last week’s price action shows that the RedFOX Labs market is in the phase since the price has been moving upward. The volatility of RFOX has been medium 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.
Buyers kept pushing the RedFOX Labs market to the upside between May 18 and May 24 as the price increased by 8%.
RedFOX Labs has been last week as its price has been predominantly rising. The situation on the RFOX market shows that the underlying asset is currently experiencing a period of medium volatility. The market capitalization of the asset has been increasing in concert with the price of the coin. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
Reservedly bullish : the price of RedFOX Labs grew by 8% in the period of May 15 - May 21.
The upward movement of the RedFOX Labs price last week indicates the chosen market is. RFOX has been going through a period of medium 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 price action of the crypto coin from last week stemmed from the increasing trading volume.
RedFOX Labs slid down by 3% last week (May 14 - May 20) as the sellers pushed back.
Between May 14 - May 20, RedFOX Labs has been mostly bearish as its price has been in the falling mode. RFOX has been going through a period of low volatility, which fell in line with the occurred price changes. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Slightly bearish : traders witnessed RedFOX Labs moving down 3% from May 14 till May 20.
The downward movement of the RedFOX Labs price last week indicates the chosen market is bearish. The volatility associated with the RFOX market was low, as were its price fluctuations. 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.
The bears stepped up a gear on April 30 - May 6, dropping the price of RedFOX Labs by 9%.
The downward movement of the RedFOX Labs price last week indicates the chosen market is bearish. The volatility associated with the RFOX 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. The price action of the crypto coin last week took place on the back of decreased trading volume.
The bears had a field day between April 27 and May 3 as RedFOX Labs got knocked down by 11%.
The bearish behavior of RedFOX Labs last week was characterized by the occurrence of downswings. The volatility associated with the RFOX market was medium, as were its price fluctuations. The price action on the coin's market translated to the decline of market capitalization. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
The market crumbled last week (April 26 - May 2) as RedFOX Labs lost 11%.
Between April 26 - May 2, RedFOX Labs has been mostly bearish as its price has been in the falling mode. The price swings of RFOX pointed to the presence of low volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
The bleeding market: RedFOX Labs loses 7% between April 23 and April 29 as the selling pressure grows.
The analysis of last week’s price action shows that the RedFOX Labs market is in the bearish phase since the price has been moving downward. The volatility associated with the RFOX market was low, as were its price fluctuations. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
RedFOX Labs lost 7% in the period April 22 - April 28 as a result of selling pressure.
The downward movement of the RedFOX Labs price last week indicates the chosen market is bearish. RFOX was caught in a period of low volatility, which was reflected in its price action. The price action on the coin's market translated to the growth of market capitalization. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.