Render Token(rndr)market reviews and price predictions
Render Token market statement for 2023-03-24
Yesterday the price of rndr stood at $1.23. The market capitalization of the asset was $483 377 626. Render Token’s volatility was established at 7.52%. The trading volume of the coin reached $65 480 436.
Render Token prognosis for the next days:
We estimate the price of Render Token to be $1.28 tomorrow 2023-03-27 and $1.3 on 2023-04-02;
We estimate the market capitalization of Render Token to reach $531 263 068 tomorrow 2023-03-27 and $510 952 428 on 2023-03-29;
We estimate the volatility of Render Token to become 7.74% tomorrow 2023-03-27 and 8.22% on 2023-03-29;
We estimate the trading volume of Render Token to amount to $77 403 348 tomorrow 2023-03-27 and $75 217 215 on 2023-03-29.
Our recommendation for the pair RNDR/USD for tomorrow, 2023-03-27, to sell.
A 19% drop on the Render Token market last week (March 18 - March 24) signals that the sellers are gaining strength.
Between March 18 - March 24, Render Token has been mostly as its price has been in the falling mode. RNDR has been going through a period of medium 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 price action of the crypto coin last week took place on the back of decreased trading volume.
The bears stepped up a gear on March 17 - March 23, dropping the price of Render Token by 6%.
The analysis of last week’s price action shows that the Render Token market is in the phase since the price has been moving downward. The volatility of RNDR 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.
Market analysis March 11 - March 17 : Render Token posts a 48% rally.
Render Token has been last week as its price has been predominantly rising. The volatility of RNDR has been medium throughout the reviewed period in correspondence with the price action. There has been a rise in the market capitalization of the asset during the period under review. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.
The bears had a field day between March 5 and March 11 as Render Token got knocked down by 22%.
The downward movement of the Render Token price last week indicates the chosen market is bearish. RNDR was caught in a period of medium volatility, which was reflected in its price action. There has been a rise in the market capitalization of the asset during the period under review. The price action of the crypto coin last week took place on the back of increased trading volume.
The bears had a field day between March 1 and March 7 as Render Token got knocked down by 22%.
Between March 1 - March 7, Render Token has been mostly bearish as its price has been in the falling mode. RNDR 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. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
A 16% drop on the Render Token market last week (February 27 - March 5) signals that the sellers are gaining strength.
The downward movement of the Render Token price last week indicates the chosen market is bearish. RNDR was caught in a period of medium volatility, which was reflected in its 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.
Down by 1% : The Render Token market saw some bearish action last week (February 24 - March 2).
Between February 24 - March 2, Render Token has been mostly bearish as its price has been in the falling mode. RNDR 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 trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Render Token slid down by 1% last week (February 22 - February 28) as the sellers pushed back.
Between February 22 - February 28, Render Token has been mostly as its price has been in the falling mode. The volatility associated with the RNDR 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 past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
The bears stepped up a gear on February 14 - February 20, dropping the price of Render Token by 6%.
The downward movement of the Render Token price last week indicates the chosen market is. The volatility associated with the RNDR market was medium, as were its price fluctuations. The asset saw its market capitalization growing over the reviewed period together with its price. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.
Render Token exploded by 21% in the period of February 13 - February 19 as the buyers got an upper hand.
Between February 13 - February 19, Render Token has been mostly bullish as its price has been in the rising mode. RNDR was caught in a period of medium volatility, which was reflected in its price action. There has been a rise 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 growing trading volume on the corresponding market.