REN(ren)market reviews and price predictions

REN market statement for 2022-11-26

Yesterday the price of ren stood at $0.13. The market capitalization of the asset was $105 806 581. REN’s volatility was established at 18.7%. The trading volume of the coin reached $114 278 059.

REN prognosis for the next days:

We estimate the price of REN to be $0.07 tomorrow 2022-11-29 and $0.09 on 2022-12-05;

We estimate the market capitalization of REN to reach $73 531 784 tomorrow 2022-11-29 and $80 488 355 on 2022-12-01;

We estimate the volatility of REN to become 2.84% tomorrow 2022-11-29 and 10.42% on 2022-12-01;

We estimate the trading volume of REN to amount to -$1 373 897 tomorrow 2022-11-29 and $27 335 906 on 2022-12-01.

Our recommendation for the pair REN/USD for tomorrow, 2022-11-29, to sell.

REN(ren)week price prediction
20%
Price
Volatility
Capitalization
Volume
Oct 30Nov 06Nov 13Nov 20Nov 27Oct 30Nov 06Nov 13Nov 20Nov 270.080.100.120.140.080.100.120.14
Today's review

Market analysis November 20 - November 26 : REN posts a 61% rally.

Between November 20 - November 26, REN has been mostly as its price has been in the rising mode. REN has been going through a period of high 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. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.

Latest reviews

REN slid down by 2% last week (November 17 - November 23) as the sellers pushed back.

The bearish behavior of REN last week was characterized by the occurrence of downswings. The situation on the REN market shows that the underlying asset is currently experiencing a period 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 from last week stemmed from the decreasing trading volume.

The bleeding market: REN loses 9% between November 16 and November 22 as the selling pressure grows.

REN has been bearish last week as its price has been predominantly falling. REN 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 falling. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.

Down by 1% : The REN market saw some bearish action last week (November 14 - November 20).

The analysis of last week’s price action shows that the REN market is in the phase since the price has been moving downward. REN was caught in a period of low 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 from last week stemmed from the increasing trading volume.

REN slid down by 2% last week (November 11 - November 17) as the sellers pushed back.

The analysis of last week’s price action shows that the REN market is in the bearish phase since the price has been moving downward. The price swings of REN pointed to the presence of medium volatility. There has been a fall in the market capitalization of the asset during the period under review. The price action of the crypto coin from last week stemmed from the decreasing trading volume.

The November 8 - 14 market report: REN plunges by 26% as sellers apply more pressure.

Between November 8 - November 14, REN has been mostly bearish as its price has been in the falling mode. The volatility associated with the REN market was medium, as were its price fluctuations. 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.

Down by 1% : The REN market saw some bearish action last week (November 1 - November 7).

The downward movement of the REN price last week indicates the chosen market is. The price swings of REN pointed to the presence of medium volatility. 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 from last week stemmed from the decreasing trading volume.

REN showed a moderate 7% growth between October 30 and November 5.

The upward movement of the REN price last week indicates the chosen market is bullish. The volatility of REN 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. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.

REN market stayed flat from October 28 - November 3.

REN portrayed neutral behavior last week, with no changes in the price. The volatility of REN 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. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.

The torpid REN had its price rise only by 2% last week (October 26 - November 1).

The analysis of last week’s price action shows that the REN market is in the phase since the price has been moving upward. The volatility associated with the REN market was low, as were its price fluctuations. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. The price action of the crypto coin from last week stemmed from the increasing trading volume.

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