renBTC(renbtc)market reviews and price predictions

renBTC market statement for 2022-11-24

Yesterday the price of renbtc stood at $16 612. The market capitalization of the asset was $49 016 288. renBTC’s volatility was established at 0.43%. The trading volume of the coin reached $5 445 285.

renBTC prognosis for the next days:

We estimate the price of renBTC to be $15 660 tomorrow 2022-11-29 and $16 921 on 2022-12-05;

We estimate the market capitalization of renBTC to reach $43 309 548 tomorrow 2022-11-29 and $46 741 826 on 2022-12-01;

We estimate the volatility of renBTC to become 0.67% tomorrow 2022-11-29 and 0.79% on 2022-12-01;

We estimate the trading volume of renBTC to amount to $23 796 726 tomorrow 2022-11-29 and $24 743 718 on 2022-12-01.

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

renBTC(renbtc)week price prediction
1%
Price
Volatility
Capitalization
Volume
Oct 30Nov 06Nov 13Nov 20Nov 27Oct 30Nov 06Nov 13Nov 20Nov 2716,00017,00018,00019,00020,00021,00016,00017,00018,00019,00020,00021,000
Today's review

renBTC market stayed flat from November 18 - November 24.

renBTC portrayed neutral behavior last week, with no changes in the price. The price swings of RENBTC pointed to the presence of low volatility. There has been a rise in the market capitalization of the asset during the period under review. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.

Latest reviews

Bearish response: The renBTC price melts by 1% between November 17 and November 23.

renBTC has been last week as its price has been predominantly falling. RENBTC has been going through a period of low 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 trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.

Slightly bearish : traders witnessed renBTC moving down 4% from November 15 till November 21.

Between November 15 - November 21, renBTC has been mostly bearish as its price has been in the falling mode. The situation on the RENBTC market shows that the underlying asset is currently experiencing a period of low volatility. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.

renBTC market stayed flat from November 14 - November 20.

renBTC portrayed neutral behavior last week, with no changes in the price. RENBTC was caught in a period of low volatility, which was reflected in its price action. 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.

renBTC sees limited 1% gains between November 13 and November 19 as the market cools down.

renBTC has been bearish last week as its price has been predominantly rising. RENBTC 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 past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.

Bearish response: The renBTC price melts by 1% between November 12 and November 18.

The downward movement of the renBTC price last week indicates the chosen market is bearish. The volatility of RENBTC has been low throughout the reviewed period in correspondence with the 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.

Slightly bearish : traders witnessed renBTC moving down 4% from November 10 till November 16.

Between November 10 - November 16, renBTC has been mostly bearish as its price has been in the falling mode. The volatility of RENBTC has been low throughout the reviewed period in correspondence with the price action. 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 torpid renBTC had its price rise only by 2% last week (November 9 - November 15).

Between November 9 - November 15, renBTC has been mostly bearish as its price has been in the rising mode. The volatility of RENBTC has been medium throughout the reviewed period in correspondence with the price action. There has been a fall in the market capitalization of the asset during the period under review. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.

renBTC analysis November 6 - November 12 : bears in all-out attack as the price collapses by 21%.

The price of renBTC was falling last from November 6 until November 12, giving enough reason to conclude that the market is bearish. The volatility associated with the RENBTC market was medium, as were its price fluctuations. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.

The market crumbled last week (November 5 - November 11) as renBTC lost 21%.

The bearish behavior of renBTC last week was characterized by the occurrence of downswings. The volatility associated with the RENBTC market was medium, as were its price fluctuations. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The price action of the crypto coin last week took place on the back of decreased trading volume.

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