Riecoin(ric)market reviews and price predictions
Riecoin market statement for 2023-02-02
Yesterday the price of ric stood at $0.005. The market capitalization of the asset was $341 273. Riecoin’s volatility was established at 4.63%. The trading volume of the coin reached $40.49.
Riecoin prognosis for the next days:
We estimate the price of Riecoin to be $0.005 tomorrow 2023-02-07 and $0.005 on 2023-02-13;
We estimate the market capitalization of Riecoin to reach $311 083 tomorrow 2023-02-07 and $321 684 on 2023-02-09;
We estimate the volatility of Riecoin to become 1.73% tomorrow 2023-02-07 and 2.26% on 2023-02-09;
We estimate the trading volume of Riecoin to amount to $72.51 tomorrow 2023-02-07 and $72.85 on 2023-02-09.
Our recommendation for the pair RIC/USD for tomorrow, 2023-02-07, to sell.
A 8% price increase last week (January 27 - February 2) confirms the bullishness of Riecoin.
The price of Riecoin was rising last from January 27 until February 2, giving enough reason to conclude that the market is bullish. The volatility associated with the RIC market was medium, as were its price fluctuations. There has been a rise in the market capitalization of the asset during the period under review. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
Reservedly bullish : the price of Riecoin grew by 8% in the period of January 20 - January 26.
Riecoin has been bullish last week as its price has been predominantly rising. RIC was caught in a period of high volatility, which was reflected in its 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.
A 9% price increase last week (January 18 - January 24) confirms the bullishness of Riecoin.
Riecoin has been bullish last week as its price has been predominantly rising. The situation on the RIC market shows that the underlying asset is currently experiencing a period of high volatility. The asset saw its market capitalization growing over the reviewed period together with its price. The price action of the crypto coin from last week stemmed from the increasing trading volume.
Riecoin analysis January 15 - January 21 : bears in all-out attack as the price collapses by 42%.
Between January 15 - January 21, Riecoin has been mostly bearish as its price has been in the falling mode. The volatility of RIC has been high 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 past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
Riecoin exploded by 20% in the period of January 10 - January 16 as the buyers got an upper hand.
The upward movement of the Riecoin price last week indicates the chosen market is bullish. The volatility associated with the RIC market was medium, as were its price fluctuations. The price action on the coin's market translated to the growth of market capitalization. The price action of the crypto coin from last week stemmed from the increasing trading volume.
Riecoin market outlook from January 8 - January 14 :the price surges by 24%.
The analysis of last week’s price action shows that the Riecoin market is in the bullish phase since the price has been moving upward. The situation on the RIC 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 increased market capitalization of the said digital asset. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.
January 7 - January 13 market watch: Riecoin goes up by 14% as buying pressure persists.
Riecoin has been bullish last week as its price has been predominantly rising. RIC 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 increased market capitalization of the said digital asset. The price action of the crypto coin from last week stemmed from the increasing trading volume.
Reservedly bullish : the price of Riecoin grew by 7% in the period of January 6 - January 12.
Between January 6 - January 12, Riecoin has been mostly bullish as its price has been in the rising mode. The situation on the RIC market shows that the underlying asset is currently experiencing a period of medium volatility. The asset saw its market capitalization growing over the reviewed period together with its price. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
The torpid Riecoin had its price rise only by 3% last week (January 5 - January 11).
The upward movement of the Riecoin price last week indicates the chosen market is bullish. The volatility associated with the RIC market was medium, as were its price fluctuations. No rise or fall was observed in the market capitalization of the coin during the period under review. No growth or loss has been observed in trading volume on the crypto coin's market.
Riecoin slid down by 4% last week (January 2 - January 8) as the sellers pushed back.
Between January 2 - January 8, Riecoin has been mostly as its price has been in the falling mode. The price swings of RIC pointed to the presence of medium volatility. 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.