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renBTC Price Prediction | Forecast for RENBTC

Go to: Buy RENBTC

Table of Contents:

  1. Coin prognosis
  2. What is renBTC coin?
  3. Future price prediction
  4. Frequently asked questions
  5. Historical Price Data
  6. Where to buy RENBTC

Possible bearishness on renBTC Downside

Over the past few weeks, renBTC's price has performed poorly in relation to the market. This poor performance is reflected in it's daily price movements which heavily influences our ranking algorithms. Buying RENBTC at this time may lead to loss of capital. However, if you believe this is a good project, take a look at our Fundamental analysis and do a detailed due diligence, then accumulate a long-term position.

RENBTC Price $18023.1952 USD
Price Change24h $-1498.8073 USD (-7.68%)
24h Low / 24h High $17207.0567 / $535475.0576 USD
Trading Volume24h $1 USD
MarketCap $81,831,936 USD

What is renBTC? Fundamental Analysis

RenVM implements universal interoperability using the tokenised representation model. However, it introduces several advances that aim to solve many of the technical and economic problems in existing models.RenVM was created to replace the role of the trusted custodian with a decentralised custodian. This decentralised custodian is implemented using the RZL MPC algorithm, which can generate and manage ECDSA private keys without exposing them (not even to the machines that power RenVM). This improves on WBTC and imBTC by removing the need to trust a centralised custodian.renBTC (RENBTC) is a one for one representation of BTC on Ethereum via RenVM.

renBTC price prediction

Future price prediction

Date Price Possible movement
Dec 2, 2022 $535475.0576 Neutral
January, 2023 $ 21,793 USD Downside
February, 2023 $ 24,050 USD Downside
March, 2023 $ 26,692 USD Downside
June, 2023 $ 31,894 USD Downside
December, 2023 $ 69,650 USD Downside

RENBTC Crypto Price Forecast: Frequently Asked Questions

Question Answer
Will renBTC rise today? Our data indicates renBTC will rise today. It's already higher than it's opening price. That's a great sign
What will be the highest price of renBTC (RENBTC) in future? Our analysis shows renBTC is already past it's immediate all time high, indicating a bearish signal!
Will renBTC (RENBTC) price increase in future? No. Our algorithms indicate that renBTC (RENBTC) will experience a significant decline in future. As low as $69649.5119/RENBTC
Will an Investment in renBTC (RENBTC) be profitable or make a loss? Probably Loss making.
What will be the lowest price of renBTC (RENBTC) in future? $69649.5119 USD
Will the price of renBTC (RENBTC) move downward in future? Down only
At the end of the year, what will be the price of 1 renBTC? Our analysis shows an end of year prognosis of 1RENBTC = $69649.5119 USD.
Where do I buy renBTC? We have curated some great options. Buy RENBTC coin here →

Historical Price Data (USD)

Pay close attention to daily volume fluctuations. Poor volume like RENBTC has is a good indication of bearishness in the short term.

Date Price Volume
November 9, 2022 $18212.1 $46
November 8, 2022 $20264.37 $35
November 7, 2022 $20565.6 $0
November 6, 2022 $20565.6 $0
November 5, 2022 $20565.6 $0
November 4, 2022 $20165.55 $4
November 3, 2022 $20854.6 $260
November 2, 2022 $20854.6 $0
November 1, 2022 $20164.32 $7
October 31, 2022 $20316.99 $47
October 30, 2022 $20316.99 $0
October 29, 2022 $20916.36 $138
October 28, 2022 $20316.99 $0
October 27, 2022 $20316.99 $0
October 26, 2022 $19409.74 $348
October 25, 2022 $19230.21 $44
October 24, 2022 $20334.22 $528
October 23, 2022 $20334.22 $0
October 22, 2022 $19143.4 $7
October 21, 2022 $19062.58 $27
October 20, 2022 $19221.36 $798
October 19, 2022 $20334.22 $0
October 18, 2022 $20334.22 $0
October 17, 2022 $20334.22 $0
October 16, 2022 $20334.22 $0
October 15, 2022 $19540.21 $538
October 14, 2022 $20334.22 $0
October 13, 2022 $19064.89 $536
October 12, 2022 $19081.67 $46
October 11, 2022 $19118.39 $459

Where and How to Buy renBTC (RENBTC) Coin

There are 3 steps to purchasing renBTC. They are:

  1. Buy Bitcoin: Buying Bitcoin in 2022 is a fairly simple matter which we don't need to go in-depth on. The best places to but Bitcoin directly today with USD or your native currency are: Coinbase, Binance and Paypal. Luckily, some exchanges allows you to purchase RENBTC directly with USD. They are: BitTrex, .
  2. Move the Bitcoin to an Exchange that supports RENBTC: Once you have purchased BTC, the next step is to move the BTC to an exchange that supports the RENBTC/BTC trading pairs.
    At the moment, RENBTC is currently available for purchase with Bitcoin at Binance, BitTrex, Binance, BitTrex, .
  3. Buy renBTC on the Exchange: Now, you can buy renBTC with your Bitcoin on your preferred exchange from the options we provided. Some of these exchanges support different RENBTC pairs. Below is a detailed breakdown of each exchange and the trading pairs it supports.

USD Exchanges

Exchange Trade Pair Volume Exchange Grade

Bitcoin Exchanges

Exchange Trade Pair Volume Exchange Grade
Binance RENBTC/BTC 5.2414 BTC A
BitTrex RENBTC/BTC 0.0216 BTC A

Eth Exchanges

Exchange Trade Pair Volume Exchange Grade
Binance RENBTC/ETH 6.9277 ETH A
BitTrex RENBTC/ETH 0.1061 ETH A

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