RMRK(rmrk)market reviews and price predictions
RMRK market statement for 2023-05-28
Yesterday the price of rmrk stood at $1.82. The market capitalization of the asset was $17 060 306. RMRK’s volatility was established at 1.11%. The trading volume of the coin reached $41 812.
RMRK prognosis for the next days:
We estimate the price of RMRK to be $1.75 tomorrow 2023-06-02 and $1.83 on 2023-06-08;
We estimate the market capitalization of RMRK to reach $17 900 392 tomorrow 2023-06-02 and $17 424 768 on 2023-06-04;
We estimate the volatility of RMRK to become 2.19% tomorrow 2023-06-02 and 1.84% on 2023-06-04;
We estimate the trading volume of RMRK to amount to $71 198 tomorrow 2023-06-02 and $63 111 on 2023-06-04.
Our recommendation for the pair RMRK/USD for tomorrow, 2023-06-02, to buy.
May 22 - May 28 market wrap: RMRK had a slight 5% drop.
Between May 22 - May 28, RMRK has been mostly as its price has been in the falling mode. RMRK 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 price action of the crypto coin from last week stemmed from the decreasing trading volume.
Slightly bearish : traders witnessed RMRK moving down 5% from May 21 till May 27.
Between May 21 - May 27, RMRK has been mostly as its price has been in the falling mode. The price swings of RMRK pointed to the presence of low volatility. 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.
RMRK retraces by 4% in the period May 18 - May 24 as the market turns slightly bearish.
RMRK has been bearish last week as its price has been predominantly falling. RMRK has been going through a period of low volatility, which fell in line with the occurred price changes. The asset saw its market capitalization falling over the reviewed period together with its price. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
May 18 - May 24 market wrap: RMRK had a slight 4% drop.
RMRK has been bearish last week as its price has been predominantly falling. The volatility of RMRK has been low 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 crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
Restrained price action on May 11 to May 17 as RMRK moves up by only 5%.
The analysis of last week’s price action shows that the RMRK market is in the phase since the price has been moving upward. The volatility associated with the RMRK market was low, as were its price fluctuations. The asset saw its market capitalization falling over the reviewed period together with its price. The price action of the crypto coin last week took place on the back of decreased trading volume.
The bullish pressure subsides between May 9 and May 15 as RMRK gains only 1%.
The price of RMRK was rising last from May 9 until May 15, giving enough reason to conclude that the market is. The situation on the RMRK market shows that the underlying asset is currently experiencing a period of low volatility. 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.
Last week’s (May 9 - May 15) irresolute RMRK : the price moved up no more than 1%.
RMRK has been last week as its price has been predominantly rising. The price swings of RMRK pointed to the presence of low 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.
RMRK sees limited 1% gains between May 9 and May 15 as the market cools down.
The upward movement of the RMRK price last week indicates the chosen market is. RMRK was caught in a period of low volatility, which was reflected in its 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.
The bears stepped up a gear on May 7 - May 13, dropping the price of RMRK by 10%.
The price of RMRK was falling last from May 7 until May 13, giving enough reason to conclude that the market is bearish. RMRK has been going through a period of low 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 trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Bearish price action on May 7 to May 13 resulted in RMRK by 10%.
Between May 7 - May 13, RMRK has been mostly bearish as its price has been in the falling mode. RMRK has been going through a period of low 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 crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.