Router Protocol(route)market reviews and price predictions

Router Protocol market statement for 2023-01-13

Yesterday the price of route stood at $2.36. The market capitalization of the asset was $22 631 065. Router Protocol’s volatility was established at 0.43%. The trading volume of the coin reached $1 327 607.

Router Protocol prognosis for the next days:

We estimate the price of Router Protocol to be $2.02 tomorrow 2023-01-27 and $1.97 on 2023-02-02;

We estimate the market capitalization of Router Protocol to reach $17 798 125 tomorrow 2023-01-27 and $20 287 415 on 2023-01-29;

We estimate the volatility of Router Protocol to become 14.21% tomorrow 2023-01-27 and 10.68% on 2023-01-29;

We estimate the trading volume of Router Protocol to amount to $1 242 442 tomorrow 2023-01-27 and $1 377 230 on 2023-01-29.

Our recommendation for the pair ROUTE/USD for tomorrow, 2023-01-27, to sell.

Router Protocol(route)week price prediction
15%
Price
Volatility
Capitalization
Volume
Dec 18Dec 252023Jan 08Jan 15Dec 18Dec 252023Jan 08Jan 151.61.82.02.22.42.61.61.82.02.22.42.6
Today's review

A 37% price appreciation seen on the Router Protocol market between January 7 and January 13.

Router Protocol has been bullish last week as its price has been predominantly rising. The situation on the ROUTE market shows that the underlying asset is currently experiencing a period of high volatility. 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.

Latest reviews

Router Protocol exploded by 39% in the period of January 6 - January 12 as the buyers got an upper hand.

Router Protocol has been bullish last week as its price has been predominantly rising. ROUTE has been going through a period of high 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. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.

January 3 - January 9 market watch: Router Protocol goes up by 48% as buying pressure persists.

The upward movement of the Router Protocol price last week indicates the chosen market is bullish. The volatility associated with the ROUTE market was high, as were its price fluctuations. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The price action of the crypto coin from last week stemmed from the increasing trading volume.

The torpid Router Protocol had its price rise only by 1% last week (December 30 - January 5).

The bearish behavior of Router Protocol last week was characterized by the occurrence of upswings. The situation on the ROUTE market shows that the underlying asset is currently experiencing a period of low volatility. The market capitalization of the asset has been increasing in concert with the price of the coin. The price action of the crypto coin last week took place on the back of increased trading volume.

Router Protocol slid down by 5% last week (December 27 - January 2) as the sellers pushed back.

The price of Router Protocol was falling last from December 27 until January 2, giving enough reason to conclude that the market is bearish. ROUTE 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.

The bears stepped up a gear on December 24 - December 30, dropping the price of Router Protocol by 10%.

The price of Router Protocol was falling last from December 24 until December 30, giving enough reason to conclude that the market is bearish. ROUTE was caught in a period of low volatility, which was reflected in its price action. There has been a fall 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 falling trading volume on the corresponding market.

The bleeding market: Router Protocol loses 8% between December 20 and December 26 as the selling pressure grows.

The downward movement of the Router Protocol price last week indicates the chosen market is bearish. The volatility associated with the ROUTE market was low, as were its price fluctuations. 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 last week took place on the back of decreased trading volume.

Slightly bearish : traders witnessed Router Protocol moving down 1% from December 19 till December 25.

The downward movement of the Router Protocol price last week indicates the chosen market is. The price swings of ROUTE 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.

Router Protocol retraces by 2% in the period December 17 - December 23 as the market turns slightly bearish.

The behavior of Router Protocol last week was characterized by the occurrence of downswings. The price swings of ROUTE pointed to the presence of low 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.

Router Protocol retraces by 5% in the period December 16 - December 22 as the market turns slightly bearish.

The analysis of last week’s price action shows that the Router Protocol market is in the phase since the price has been moving downward. The situation on the ROUTE 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.

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