Rocket Pool ETH(rETH)market reviews and price predictions
Rocket Pool ETH market statement for 2023-01-31
Yesterday the price of rETH stood at $1 705. The market capitalization of the asset was $312 084 150. Rocket Pool ETH’s volatility was established at 1.2%. The trading volume of the coin reached $2 968 394.
Rocket Pool ETH prognosis for the next days:
We estimate the price of Rocket Pool ETH to be $1 802 tomorrow 2023-02-09 and $1 700 on 2023-02-15;
We estimate the market capitalization of Rocket Pool ETH to reach $311 782 808 tomorrow 2023-02-09 and $314 822 561 on 2023-02-11;
We estimate the volatility of Rocket Pool ETH to become 2.78% tomorrow 2023-02-09 and 2.44% on 2023-02-11;
We estimate the trading volume of Rocket Pool ETH to amount to $4 883 959 tomorrow 2023-02-09 and $3 925 664 on 2023-02-11.
Our recommendation for the pair RETH/USD for tomorrow, 2023-02-09, to hold.
Restrained price action on January 25 to January 31 as Rocket Pool ETH moves up by only 3%.
Rocket Pool ETH has been last week as its price has been predominantly rising. The situation on the RETH market shows that the underlying asset is currently experiencing a period of low volatility. The asset saw its market capitalization growing over the reviewed period together with its price. The price action of the crypto coin last week took place on the back of increased trading volume.
Slightly bearish : traders witnessed Rocket Pool ETH moving down 3% from January 24 till January 30.
The behavior of Rocket Pool ETH last week was characterized by the occurrence of downswings. The volatility of RETH has been low throughout the reviewed period in correspondence with the price action. 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.
Rocket Pool ETH market stayed flat from January 23 - January 29.
Rocket Pool ETH portrayed neutral behavior last week, with no changes in the price. The price swings of RETH pointed to the presence of low 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.
Last week’s (January 18 - January 24) irresolute Rocket Pool ETH : the price moved up no more than 5%.
The analysis of last week’s price action shows that the Rocket Pool ETH market is in the bullish phase since the price has been moving upward. The volatility of RETH has been low 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. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.
The torpid Rocket Pool ETH had its price rise only by 5% last week (January 16 - January 22).
The price of Rocket Pool ETH was rising last from January 16 until January 22, giving enough reason to conclude that the market is bullish. RETH has been going through a period of low 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. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
Buyers kept pushing the Rocket Pool ETH market to the upside between January 15 and January 21 as the price increased by 8%.
Between January 15 - January 21, Rocket Pool ETH has been mostly bullish as its price has been in the rising mode. The price swings of RETH pointed to the presence of low volatility. 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.
The bullish pressure subsides between January 14 and January 20 as Rocket Pool ETH gains only 5%.
The upward movement of the Rocket Pool ETH price last week indicates the chosen market is bullish. The volatility of RETH has been medium throughout the reviewed period in correspondence with the price action. 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.
Rocket Pool ETH market outlook from January 11 - January 17 :the price surges by 19%.
The bullish behavior of Rocket Pool ETH last week was characterized by the occurrence of upswings. The price swings of RETH pointed to the presence of medium volatility. The price action on the coin's market translated to the growth of market capitalization. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
Market analysis January 7 - January 13 : Rocket Pool ETH posts a 13% rally.
Between January 7 - January 13, Rocket Pool ETH has been mostly bullish as its price has been in the rising mode. The volatility associated with the RETH market was medium, as were its price fluctuations. 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.
A 13% price appreciation seen on the Rocket Pool ETH market between January 6 and January 12.
The upward movement of the Rocket Pool ETH price last week indicates the chosen market is bullish. The situation on the RETH market shows that the underlying asset is currently experiencing a period of medium volatility. The market capitalization of the asset has been increasing in concert with the price of the coin. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.