Router Protocol(route)market reviews and price predictions
Router Protocol market statement for 2023-06-02
Yesterday the price of route stood at $2.77. The market capitalization of the asset was $31 499 163. Router Protocol’s volatility was established at 1.84%. The trading volume of the coin reached $1 192 426.
Router Protocol prognosis for the next days:
We estimate the price of Router Protocol to be $2.96 tomorrow 2023-06-05 and $2.78 on 2023-06-11;
We estimate the market capitalization of Router Protocol to reach $30 825 176 tomorrow 2023-06-05 and $31 264 445 on 2023-06-07;
We estimate the volatility of Router Protocol to become 5.29% tomorrow 2023-06-05 and 3.71% on 2023-06-07;
We estimate the trading volume of Router Protocol to amount to $1 221 685 tomorrow 2023-06-05 and $1 307 324 on 2023-06-07.
Our recommendation for the pair ROUTE/USD for tomorrow, 2023-06-05, to buy.
The torpid Router Protocol had its price rise only by 5% last week (May 27 - June 2).
The analysis of last week’s price action shows that the Router Protocol market is in the phase since the price has been moving upward. The situation on the ROUTE 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.
Reservedly bullish : the price of Router Protocol grew by 8% in the period of May 22 - May 28.
The bullish behavior of Router Protocol last week was characterized by the occurrence of upswings. ROUTE was caught in a period of medium 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 price action of the crypto coin from last week stemmed from the decreasing trading volume.
Reservedly bullish : the price of Router Protocol grew by 8% in the period of May 22 - May 28.
Between May 22 - May 28, Router Protocol has been mostly bullish as its price has been in the rising mode. ROUTE was caught in a period of medium volatility, which was reflected in its 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.
Router Protocol analysis May 19 - May 25 : bears in all-out attack as the price collapses by 17%.
Between May 19 - May 25, Router Protocol has been mostly as its price has been in the falling mode. The volatility of ROUTE has been medium throughout the reviewed period in correspondence with the price action. The asset saw its market capitalization falling over the reviewed period together with its price. 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 9% between May 18 and May 24 as the selling pressure grows.
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. ROUTE was caught in a period of medium volatility, which was reflected in its price action. 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.
Market analysis May 11 - May 17 : Router Protocol posts a 34% rally.
The bullish behavior of Router Protocol last week was characterized by the occurrence of upswings. The price swings of ROUTE pointed to the presence of medium volatility. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
The bulls muster more strength as Router Protocol rises by 34% from May 11 to May 17.
The bullish behavior of Router Protocol last week was characterized by the occurrence of upswings. ROUTE was caught in a period of medium volatility, which was reflected in its price action. 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.
Market analysis May 8 - May 14 : Router Protocol posts a 61% rally.
Between May 8 - May 14, Router Protocol has been mostly bullish as its price has been in the rising mode. The volatility associated with the ROUTE 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.
The bulls muster more strength as Router Protocol rises by 43% from May 7 to May 13.
Router Protocol has been bullish last week as its price has been predominantly rising. The volatility of ROUTE has been medium 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.
May 6 - May 12 market watch: Router Protocol goes up by 30% as buying pressure persists.
The price of Router Protocol was rising last from May 6 until May 12, giving enough reason to conclude that the market is bullish. The situation on the ROUTE 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.