renZEC(renzec)market reviews and price predictions

renZEC market statement for 2022-12-01

Yesterday the price of renzec stood at $44.1. The market capitalization of the asset was $722 249. renZEC’s volatility was established at 1.68%. The trading volume of the coin reached $12 216.

renZEC prognosis for the next days:

We estimate the price of renZEC to be $38.41 tomorrow 2022-12-08 and $40.34 on 2022-12-14;

We estimate the market capitalization of renZEC to reach $679 911 tomorrow 2022-12-08 and $680 307 on 2022-12-10;

We estimate the volatility of renZEC to become 1.86% tomorrow 2022-12-08 and 2.78% on 2022-12-10;

We estimate the trading volume of renZEC to amount to $6 767 tomorrow 2022-12-08 and $6 061 on 2022-12-10.

Our recommendation for the pair RENZEC/USD for tomorrow, 2022-12-08, to sell.

renZEC(renzec)week price prediction
7%
Price
Volatility
Capitalization
Volume
Nov 06Nov 13Nov 20Nov 27Dec 04Nov 06Nov 13Nov 20Nov 27Dec 04404550404550
Today's review

Reservedly bullish : the price of renZEC grew by 6% in the period of November 25 - December 1.

The behavior of renZEC last week was characterized by the occurrence of upswings. RENZEC has been going through a period of medium volatility, which fell in line with the occurred price changes. The price action on the coin's market translated to the growth of market capitalization. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.

Latest reviews

Last week’s (November 24 - November 30) irresolute renZEC : the price moved up no more than 4%.

The analysis of last week’s price action shows that the renZEC market is in the phase since the price has been moving upward. The volatility associated with the RENZEC 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 from last week stemmed from the decreasing trading volume.

A 7% price increase last week (November 18 - November 24) confirms the bullishness of renZEC.

renZEC has been last week as its price has been predominantly rising. The situation on the RENZEC market shows that the underlying asset is currently experiencing a period of medium volatility. 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.

Reservedly bullish : the price of renZEC grew by 7% in the period of November 18 - November 24.

The price of renZEC was rising last from November 18 until November 24, giving enough reason to conclude that the market is. The volatility of RENZEC 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. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.

The buyers controlled the renZEC market between November 17 and November 23 as the price grew by 7%.

The analysis of last week’s price action shows that the renZEC market is in the phase since the price has been moving upward. The price swings of RENZEC pointed to the presence of medium volatility. 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.

The buyers controlled the renZEC market between November 17 and November 23 as the price grew by 7%.

The behavior of renZEC last week was characterized by the occurrence of upswings. The volatility associated with the RENZEC 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.

A 12% drop on the renZEC market last week (November 15 - November 21) signals that the sellers are gaining strength.

Between November 15 - November 21, renZEC has been mostly bearish as its price has been in the falling mode. The price swings of RENZEC pointed to the presence of medium volatility. 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.

renZEC sees limited 1% gains between November 11 and November 17 as the market cools down.

The analysis of last week’s price action shows that the renZEC market is in the phase since the price has been moving upward. The volatility of RENZEC 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. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.

Buyers weakened their grip on the renZEC market (November 10 - November 16) as the price rose only by 2%.

The analysis of last week’s price action shows that the renZEC market is in the phase since the price has been moving upward. RENZEC has been going through a period of medium volatility, which fell in line with the occurred price changes. 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.

renZEC market outlook from November 9 - November 15 :the price surges by 15%.

The price of renZEC was rising last from November 9 until November 15, giving enough reason to conclude that the market is bearish. The volatility of RENZEC 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 falling. The price action of the crypto coin from last week stemmed from the decreasing trading volume.

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