Ronin(ron)market reviews and price predictions
Ronin market statement for 2022-10-02
Yesterday the price of ron stood at $0.25. The market capitalization of the asset was $38 111 221. Ronin’s volatility was established at 1.82%. The trading volume of the coin reached $368 283.
Ronin prognosis for the next days:
We estimate the price of Ronin to be $0.24 tomorrow 2022-10-05 and $0.26 on 2022-10-11;
We estimate the market capitalization of Ronin to reach $37 653 947 tomorrow 2022-10-05 and $38 007 191 on 2022-10-07;
We estimate the volatility of Ronin to become 1.34% tomorrow 2022-10-05 and 1.71% on 2022-10-07;
We estimate the trading volume of Ronin to amount to $181 322 tomorrow 2022-10-05 and $262 397 on 2022-10-07.
Our recommendation for the pair RON/USD for tomorrow, 2022-10-05, to hold.
Bearish response: The Ronin price melts by 1% between September 26 and October 2.
The behavior of Ronin last week was characterized by the occurrence of downswings. RON has been going through a period of low volatility, which fell in line with the occurred price changes. 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.
The bullish pressure subsides between September 25 and October 1 as Ronin gains only 3%.
Between September 25 - October 1, Ronin has been mostly as its price has been in the rising mode. RON has been going through a period of low volatility, which fell in line with the occurred price changes. 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 torpid Ronin had its price rise only by 5% last week (September 23 - September 29).
The upward movement of the Ronin price last week indicates the chosen market is. The price swings of RON pointed to the presence of low volatility. 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.
Ronin market stayed flat from September 18 - September 24.
Ronin portrayed neutral behavior last week, with no changes in the price. RON was caught in a period of medium 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 last week took place on the back of decreased trading volume.
Bearish price action on September 17 to September 23 resulted in Ronin by 10%.
The downward movement of the Ronin price last week indicates the chosen market is bearish. The situation on the RON 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 past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
Red clouds gathered above the Ronin market last week (September 16 - September 22) as the price went down by 6%.
The bearish behavior of Ronin last week was characterized by the occurrence of downswings. The volatility of RON has been medium throughout the reviewed period in correspondence with the price action. The market capitalization of the asset has been decreasing in concert with the price of the coin. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
The bears had a field day between September 12 and September 18 as Ronin got knocked down by 23%.
Ronin has been bearish last week as its price has been predominantly falling. The volatility of RON has been low throughout the reviewed period in correspondence with the 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.
The capitulation of September 11 - September 17 : Ronin experienced a 23% dive.
The downward movement of the Ronin price last week indicates the chosen market is bearish. RON has been going through a period of medium volatility, which fell in line with the occurred price changes. 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 bears had a field day between September 10 and September 16 as Ronin got knocked down by 26%.
The analysis of last week’s price action shows that the Ronin market is in the bearish phase since the price has been moving downward. The volatility of RON 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 falling. The price action of the crypto coin last week took place on the back of decreased trading volume.
The market crumbled last week (September 9 - September 15) as Ronin lost 24%.
The analysis of last week’s price action shows that the Ronin market is in the bearish phase since the price has been moving downward. The volatility associated with the RON market was medium, as were its price fluctuations. The market capitalization of the asset has been decreasing in concert with the price of the coin. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.