A 79% price appreciation seen on the ArbiDoge market between January 11 and January 17.

The analysis of last week’s price action shows that the ArbiDoge market is in the bullish phase since the price has been moving upward. The volatility associated with the ADOGE market was high, as were its price fluctuations. 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.

We have established that the average volatility of ArbiDoge was at 30.3% in concert with its rapid price change. The highest volatility was recorded on January 11 - it amounted to 30.3%. The quietest period on the coin's market happened on January 17 as the volatility failed to surpass the 0.39% mark. The present volatility of 30.3% renders the ADOGE market unstable with the possibility of violent price swings.

During the opening day on January 11, ADOGE has had a 1% move to the downside. On January 12, the price of the coin has shifted by 4% from the daily open on the back of a good trading volume. ArbiDoge posted the interim low at $0.000000033 on January 13 and then moved up by 7% and peaked at $0.000000037. On January 15, ADOGE market moved by 18% in the bullish direction in concert with the trading volume. The developments on the ArbiDoge market on January 15 started with the price opening at $0.00000004 and subsequently moving to $0.00000006, the close of the day, while dropping to the 24H low at $0.00000004 and spiking to the 24H high at $0.00000004. The price action on January 16 saw the crypto coin moving along the following route: starting point at $0.00000006 and closing point at $0.00000006, while it also deviated to establish the high of the day at $0.00000006 and the low of the day at $0.00000005. January 17 presented us with the following price action data: the coin opened the period at $0.00000006 and went on to establish the low at $0.000000056 and the high of the day at $0.000000058 before closing the day at $0.00000006. The highest point of the price action over the week was at $0.00000006 - the weekly low during the same period was established at $0.00000003. Traders saw ArbiDoge covering the $0.00000003 distance between the weekly low and the weekly high, which constituted for a 79% move.

In the period January 11 - January 17, the trading volume of ArbiDoge went from $683 on the first day of the reviewed period to $11 315 on the closing day. Over the week that came before the analyzed time span, the average trading volume of ADOGE ranged between $274 and $1 856. We can draw a parallel between the change in trading volume in the previous 7 days, which constituted 328%, and the 79% price shift.

ADOGE 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. ArbiDoge market capitalization from the week before experienced no change, as a result there were no price fluctuations.

Wed 11Fri 13Jan 15Tue 17Wed 11Fri 13Jan 15Tue 170.0000000350.0000000400.0000000450.0000000500.0000000550.0000000350.0000000400.0000000450.0000000500.000000055
Article date: January 17 | January 11 - 17

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