February 18 - February 24 price action recap: Aave ENJ v1 sees a weak 3% gain as the buyers take a step back.
Aave ENJ v1 has been bullish last week as its price has been predominantly rising. The situation on the AENJ market shows that the underlying asset is currently experiencing a period of medium volatility. No rise or fall was observed in the market capitalization of the coin during the period under review. No growth or loss has been observed in trading volume on the crypto coin's market.
While the volatility remains restrained, Aave ENJ v1 isn't making any explosive moves. Given that the average volatility on the AENJ market didn't exceed 11%, the price action remained limited. The highest point of the coin's volatility reached 12.9% in the analyzed time frame. The price of the asset had fluctuated the least on February 22, when the volatility plummeted to 0.39%. The mild volatility during the period of review allowed the price of the crypto coin to remain stable and predictable.
On February 18, the Aave ENJ v1 market opened at $0.49, preceded by a period of bullish action. There were no gains or losses to the AENJ market on February 18, it remained flat. February 19 saw the coin going another 1% since the open, supported by the corresponding trading volume. On February 20, the market was moving to the upside as Aave ENJ v1 went 7% up from the low at $0.48 to the high at $0.53. On February 22, AENJ market moved by 3% in the bearish direction in concert with the trading volume. The price range of Aave ENJ v1 on February 22 formed between $0.5 and $0.48, whereas the daily price extremities were $0.48 and $0.51. While the 24H high and low on February 23 were at $0.56 and $0.48, respectively, the crypto coin had been traded in the area between the open at $0.48 and the close at $0.54. February 24 presented us with the following price action data: the coin opened the period at $0.53 and went on to establish the low at $0.5 and the high of the day at $0.54 before closing the day at $0.5. $0.48 was the bottom of price action for the week, though the price went to the high extreme at $0.56 over the same time period. The price action on the weekly time frame made Aave ENJ v1 within the 3% range from its weekly low to the weekly high, while the oscillation amplitude between these price points amounted to $0.01.
The trading activity on the Aave ENJ v1 market over the past week - February 18 to February 24 - generated the average trading volume that went from $339 to $339. A more comprehensive analysis of AENJ price action requires the comparison of the trading volume between February 18 and February 24 with that from the preceding week that demonstrated how the trading volume fluctuated between $339 and $339. The 0% change in trading volume in the asset's market, compared to last week, supported the price movement that allowed the cryptocurrency to alter its value by 3%.
AENJ experienced no change in total market capitalization during the past week. The price of the coin was not changed, with a 0% shift in its total market capitalization. Aave ENJ v1 market capitalization from the week before experienced no change, as a result there were no price fluctuations.