THORChain (ERC20)(rune)market reviews and price predictions

THORChain (ERC20) market statement for 2023-02-03

Yesterday the price of rune stood at $1.01. The market capitalization of the asset was $3 424 777. THORChain (ERC20)’s volatility was established at 6.48%. The trading volume of the coin reached $24 491.

THORChain (ERC20) prognosis for the next days:

We estimate the price of THORChain (ERC20) to be $1.01 tomorrow 2023-02-05 and $0.98 on 2023-02-11;

We estimate the market capitalization of THORChain (ERC20) to reach $3 495 123 tomorrow 2023-02-05 and $3 426 705 on 2023-02-07;

We estimate the volatility of THORChain (ERC20) to become 4.92% tomorrow 2023-02-05 and 6.53% on 2023-02-07;

We estimate the trading volume of THORChain (ERC20) to amount to $22 279 tomorrow 2023-02-05 and $17 096 on 2023-02-07.

Our recommendation for the pair RUNE/USD for tomorrow, 2023-02-05, to sell.

THORChain (ERC20)(rune)week price prediction
2%
Price
Volatility
Capitalization
Volume
Jan 08Jan 15Jan 22Jan 29Feb 05Jan 08Jan 15Jan 22Jan 29Feb 050.750.800.850.900.951.001.051.100.750.800.850.900.951.001.051.10
Today's review

THORChain (ERC20) market stayed flat from January 28 - February 3.

THORChain (ERC20) portrayed neutral behavior last week, with no changes in the price. The volatility of RUNE 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 price action of the crypto coin last week took place on the back of decreased trading volume.

Latest reviews

Down by 5% : The THORChain (ERC20) market saw some bearish action last week (January 24 - January 30).

The behavior of THORChain (ERC20) last week was characterized by the occurrence of downswings. The volatility of RUNE 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. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.

THORChain (ERC20) retraces by 2% in the period January 20 - January 26 as the market turns slightly bearish.

THORChain (ERC20) has been last week as its price has been predominantly falling. RUNE 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 decline of market capitalization. The price action of the crypto coin last week took place on the back of decreased trading volume.

Restrained price action on January 18 to January 24 as THORChain (ERC20) moves up by only 1%.

The price of THORChain (ERC20) was rising last from January 18 until January 24, giving enough reason to conclude that the market is. RUNE has been going through a period of medium volatility, which fell in line with the occurred price changes. The market capitalization of the asset has been increasing in concert with the price of the coin. The price action of the crypto coin from last week stemmed from the increasing trading volume.

Buyers kept pushing the THORChain (ERC20) market to the upside between January 17 and January 23 as the price increased by 6%.

THORChain (ERC20) has been last week as its price has been predominantly rising. The price swings of RUNE pointed to the presence of medium 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.

THORChain (ERC20) market outlook from January 11 - January 17 :the price surges by 11%.

The price of THORChain (ERC20) was rising last from January 11 until January 17, giving enough reason to conclude that the market is. The volatility associated with the RUNE market was medium, as were its price fluctuations. The asset saw its market capitalization growing over the reviewed period together with its price. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.

THORChain (ERC20) sees limited 1% gains between January 10 and January 16 as the market cools down.

The price of THORChain (ERC20) was rising last from January 10 until January 16, giving enough reason to conclude that the market is. RUNE was caught in a period of high 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 crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.

Bearish price action on January 7 to January 13 resulted in THORChain (ERC20) by 7%.

The analysis of last week’s price action shows that the THORChain (ERC20) market is in the bearish phase since the price has been moving downward. The situation on the RUNE market shows that the underlying asset is currently experiencing a period of medium volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.

THORChain (ERC20) lost 9% in the period January 1 - January 7 as a result of selling pressure.

The price of THORChain (ERC20) was falling last from January 1 until January 7, giving enough reason to conclude that the market is bearish. RUNE has been going through a period of medium volatility, which fell in line with the occurred price changes. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.

The bears had a field day between December 31 and January 6 as THORChain (ERC20) got knocked down by 17%.

Between December 31 - January 6, THORChain (ERC20) has been mostly bearish as its price has been in the falling mode. The situation on the RUNE market shows that the underlying asset is currently experiencing a period of medium volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.

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