rETH2(reth2)market reviews and price predictions
rETH2 market statement for 2022-10-01
Yesterday the price of reth2 stood at $1 306. The market capitalization of the asset was $4 249 208. rETH2’s volatility was established at 2.63%. The trading volume of the coin reached $2 186.
rETH2 prognosis for the next days:
We estimate the price of rETH2 to be $1 276 tomorrow 2022-10-04 and $1 359 on 2022-10-10;
We estimate the market capitalization of rETH2 to reach $4 126 396 tomorrow 2022-10-04 and $4 190 493 on 2022-10-06;
We estimate the volatility of rETH2 to become 2.31% tomorrow 2022-10-04 and 1.97% on 2022-10-06;
We estimate the trading volume of rETH2 to amount to $3 443 tomorrow 2022-10-04 and $5 250 on 2022-10-06.
Our recommendation for the pair RETH2/USD for tomorrow, 2022-10-04, to buy.
September 25 - October 1 price action recap: rETH2 sees a weak 1% gain as the buyers take a step back.
rETH2 has been bearish last week as its price has been predominantly rising. The price swings of RETH2 pointed to the presence of low volatility. 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.
September 24 - September 30 price action recap: rETH2 sees a weak 1% gain as the buyers take a step back.
The analysis of last week’s price action shows that the rETH2 market is in the phase since the price has been moving upward. The volatility of RETH2 has been low throughout the reviewed period in correspondence with the price action. 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.
rETH2 sees limited 4% gains between September 23 and September 29 as the market cools down.
rETH2 has been last week as its price has been predominantly rising. The price swings of RETH2 pointed to the presence of low volatility. The asset saw its market capitalization growing over the reviewed period together with its price. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
Down by 1% : The rETH2 market saw some bearish action last week (September 20 - September 26).
Between September 20 - September 26, rETH2 has been mostly bearish as its price has been in the falling mode. RETH2 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. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
The September 17 - 23 market report: rETH2 plunges by 13% as sellers apply more pressure.
The analysis of last week’s price action shows that the rETH2 market is in the bearish phase since the price has been moving downward. The price swings of RETH2 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 last week took place on the back of decreased trading volume.
Bearish price action on September 16 to September 22 resulted in rETH2 by 10%.
The bearish behavior of rETH2 last week was characterized by the occurrence of downswings. RETH2 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. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
September 15 - September 21 price action review: rETH2 goes down by 8%.
The analysis of last week’s price action shows that the rETH2 market is in the bearish phase since the price has been moving downward. The price swings of RETH2 pointed to the presence of medium 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.
The capitulation of September 14 - September 20 : rETH2 experienced a 15% dive.
rETH2 has been bearish last week as its price has been predominantly falling. The volatility associated with the RETH2 market was medium, as were its price fluctuations. 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.
The September 13 - 19 market report: rETH2 plunges by 15% as sellers apply more pressure.
Between September 13 - September 19, rETH2 has been mostly bearish as its price has been in the falling mode. The volatility of RETH2 has been medium throughout the reviewed period in correspondence with the price action. 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.
August 25 - August 31 market wrap: rETH2 had a slight 5% drop.
The downward movement of the rETH2 price last week indicates the chosen market is bearish. The situation on the RETH2 market shows that the underlying asset is currently experiencing a period of medium volatility. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.