REI Coin on Binance: A Comprehensive Overview
Current Market Performance
As of May 2024, REI Coin is trading at approximately $0.073, with a market capitalization of around $69 million and a 24-hour trading volume of about $3.2 million. The coin has shown significant growth over the past year, with a 209% increase, reflecting a bullish sentiment among investors despite recent bearish trends in short-term technical indicators [oai_citation:1,REI Network (REI) Price Prediction & Forecast 2025, 2026, 2027-2030 | Binance](https://www.binance.com/en/price-prediction/rei-network) [oai_citation:2,REI Network Price Today - REI Price Chart & Market Cap | CoinCodex](https://coincodex.com/crypto/rei-network/).
**Technical Analysis and Price Predictions**
REI Coin's technical indicators present a mixed outlook. The 50-day moving average is currently bearish, suggesting potential resistance levels, while the 200-day moving average shows a long-term bullish trend, indicating strong underlying support. The Relative Strength Index (RSI) remains in a neutral zone, implying that the coin is neither overbought nor oversold [oai_citation:3,REI Network (REI) Price Prediction & Forecast 2025, 2026, 2027-2030
Price predictions for REI Coin vary, with some analysts forecasting a gradual increase to around $0.097 by 2030, representing a potential 5% growth from its current price. Short-term forecasts predict minor fluctuations, with an expected price of $0.073352 in the next 30 days
**Historical Performance**
Historically, REI Coin has experienced substantial volatility. It reached an all-time high of $0.35 in March 2024 but has since dropped significantly. The coin's lowest price was recorded at $0.019 in November 2022. Despite this volatility, REI Coin has shown resilience, with significant rebounds and overall positive performance in specific quarters, particularly in Q1 of 2024 where it saw a 300% increase