$0.01178
Time period | Change amount | % Change |
---|---|---|
1H | $-0.0002423 | -2.06% |
24H | $-0.0004276 | -3.63% |
7D | $-0.004610 | -39.14% |
30D | $+0.01029 | +87.36% |
1Y | $-0.002018 | -17.13% |
60.88
Reliability Score
Rank #1
# 3992
Percentile
TOP 30%
Rally price today is $0.01178 with a 24-hour trading volume of $2.43 M, and as such Rally has a market cap of $62.54 M, giving it a market dominance of 0.0064%. The Rally price moved -3.63% in the last 24 hours.
Rally reached its highest price on 2021-03-31 when it was trading at its all-time high of $1.4, while its lowest price was recorded on 2023-10-19 when it was trading at its all-time low of $0.005506. The current lowest price since the last cycle high was $0.005506, and the highest price since the last cycle low was $1.4. The social sentiment of Rally is currently Positive.
The current circulating supply of Rally is $5.01 B RLY. In terms of market cap, Rally is currently ranked 705.
There are two schools of thought in determining the price of Rally.
By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Rally, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Rally from a long term perspective.
By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Rally on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Rally as well.
Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Rally and the cryptocurrency market as a whole.
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Bitcoin ETF inflows could lead to a “sell-side” crisis in the coming months, one market observer said.
The rally could be a sign of traders rotating some of their capital to tokens that haven't moved yet.
Spot bitcoin ETF inflows have surpassed expectations, the broker said in the report.
Traders have been using meme tokens as a proxy bet on the growth of Ethereum or other blockchains.
Immutable (IMX), Ronin (RON), Xai (XAI), and other gaming tokens are bouncing back alongside Bitcoin and Ethereum.
Data from CoinGecko shows the AI token category was up 25% on average in the past 24 hours, compared to bitcoin’s 0.3% increase.
Date | Market Cap | Volume | Open | Close |
---|---|---|---|---|
2024-03-18 | $65.93 M | 350134.89 RLY | $0.01316 | N/A |
2024-03-17 | $64.72 M | 177668.68 RLY | $0.01291 | $0.01316 |
2024-03-16 | $67.89 M | 135590.87 RLY | $0.01355 | $0.01291 |
2024-03-15 | $76.25 M | 486885.11 RLY | $0.01521 | $0.01355 |
2024-03-14 | $78.65 M | 2.32 M RLY | $0.01569 | $0.01521 |
2024-03-13 | $86.43 M | 919104.72 RLY | $0.01724 | $0.01569 |
2024-03-12 | $117.36 M | 864102.03 RLY | $0.02342 | $0.01724 |