Relevant(rel)market reviews and price predictions

Relevant market statement for 2022-11-24

Yesterday the price of rel stood at $0.03. The market capitalization of the asset was $284 848. Relevant’s volatility was established at 2.1%. The trading volume of the coin reached $95.42.

Relevant prognosis for the next days:

We estimate the price of Relevant to be $0.03 tomorrow 2022-11-29 and $0.03 on 2022-12-05;

We estimate the market capitalization of Relevant to reach $306 060 tomorrow 2022-11-29 and $297 989 on 2022-12-01;

We estimate the volatility of Relevant to become 1.55% tomorrow 2022-11-29 and 2.13% on 2022-12-01;

We estimate the trading volume of Relevant to amount to $172 tomorrow 2022-11-29 and $178 on 2022-12-01.

Our recommendation for the pair REL/USD for tomorrow, 2022-11-29, to buy.

Relevant(rel)week price prediction
6%
Price
Volatility
Capitalization
Volume
Oct 30Nov 06Nov 13Nov 20Nov 27Oct 30Nov 06Nov 13Nov 20Nov 270.0300.0350.0400.0450.0500.0300.0350.0400.0450.050
Today's review

Relevant retraces by 5% in the period November 18 - November 24 as the market turns slightly bearish.

Relevant has been bearish last week as its price has been predominantly falling. The situation on the REL 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 decline of market capitalization. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.

Latest reviews

The bleeding market: Relevant loses 8% between November 17 and November 23 as the selling pressure grows.

Relevant has been bearish last week as its price has been predominantly falling. REL was caught in a period of low volatility, which was reflected in its price action. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.

Relevant lost 7% in the period November 16 - November 22 as a result of selling pressure.

Between November 16 - November 22, Relevant has been mostly bearish as its price has been in the falling mode. The price swings of REL pointed to the presence of low volatility. The price action on the coin's market translated to the decline of market capitalization. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.

Relevant lost 8% in the period November 14 - November 20 as a result of selling pressure.

The price of Relevant was falling last from November 14 until November 20, giving enough reason to conclude that the market is bearish. The situation on the REL 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 decline of market capitalization. The price action of the crypto coin from last week stemmed from the decreasing trading volume.

Bearish response: The Relevant price melts by 3% between November 13 and November 19.

Relevant has been bearish last week as its price has been predominantly falling. REL was caught in a period of medium volatility, which was reflected in its price action. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The price action of the crypto coin last week took place on the back of decreased trading volume.

November 11 - November 17 price action review: Relevant goes down by 6%.

Relevant has been bearish last week as its price has been predominantly falling. REL has been going through a period of medium volatility, which fell in line with the occurred price changes. The market capitalization of the asset has been decreasing in concert with the price of the coin. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.

Bearish response: The Relevant price melts by 5% between November 10 and November 16.

The analysis of last week’s price action shows that the Relevant market is in the bearish phase since the price has been moving downward. The situation on the REL 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 price action of the crypto coin from last week stemmed from the increasing trading volume.

November 9 - November 15 market wrap: Relevant had a slight 4% drop.

The downward movement of the Relevant price last week indicates the chosen market is bearish. The price swings of REL pointed to the presence of medium volatility. 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.

The November 5 - 11 market report: Relevant plunges by 19% as sellers apply more pressure.

The price of Relevant was falling last from November 5 until November 11, giving enough reason to conclude that the market is bearish. REL has been going through a period of medium volatility, which fell in line with the occurred price changes. 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 November 4 - 10 market report: Relevant plunges by 18% as sellers apply more pressure.

Relevant has been bearish last week as its price has been predominantly falling. The volatility associated with the REL market was medium, 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.

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