The bullish pressure subsides between December 24 and December 30 as Aave SUSD v1 gains only 1%.
The analysis of last week’s price action shows that the Aave SUSD v1 market is in the phase since the price has been moving upward. The volatility of ASUSD has been low throughout the reviewed period in correspondence with the price action. 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.
The volatility is low on the Aave SUSD v1 market, as the latest data suggests. With the average volatility being as low as 0%, ASUSD was incapable of making any sizable price swings. The maximum volatility of the coin stood at 1.39% in the analyzed time frame. The weakest volatility level of 0% on the asset's market was registered on December 29. Since the current volatility of the crypto coin is low, we expect the price fluctuations of the digital asset at hand to be insignificant.
The losses of ASUSD after the weekly open on December 24 amounted to 1%. On December 25 the coin market stayed neutral, with no changes in the price. The cautious traders dominated the price action on December 26, with the Aave SUSD v1 market remaining flat. Over the next trading period (on December 27), ASUSD was moving down by 1% on the back of a congruous trading volume. On December 28, Aave SUSD v1 finished the trading day with no changes to the flatlined market. No changes were observed on the crypto coin's market on December 29. The coin found the deepest trough (24H low) at $0.99 on December 30 and then exploded to the ceiling (24H high) at $1.01; the price range for that day was between $1 and $1.01. During the reviewed time period, the asset was able to achieve the weekly high at $1.01, though at a certain point, the bear pressurized the price down to the weekly low at $0.99. Aave SUSD v1 shaped the $0.01 price range over the week of price action, which constituted the 1% gap between the weekly low and the weekly high.
Over the period of the last 7 days, December 24 to December 30, Aave SUSD v1 saw its average trading volume fluctuate between $166 827 and $166 827. We can draw the comparison with the period of 7 days that preceded the reviewed one when ASUSD ’s trading volume varied from $16.89 to $166 827. Percentage-wise, the trading volume of the asset changed by 251%, in comparison to the previous period, while its price experienced a 1% adjustment.
ASUSD 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 SUSD v1 market capitalization from the week before experienced no change, as a result there were no price fluctuations.