Ari10 slid down by 5% last week (March 1 - March 7) as the sellers pushed back.
Between March 1 - March 7, Ari10 has been mostly bearish as its price has been in the falling mode. ARI10 has been going through a period of low volatility, which fell in line with the occurred price changes. The asset saw its market capitalization falling over the reviewed period together with its price. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
The volatility is low on the Ari10 market, as the latest data suggests. The insignificant movement of the ARI10 market came as the result of low average volatility that amounted to 0.03%. 1.97% was the maximum volatility that the coin managed to showcase on March 5. The asset experienced the period of lowest volatility on March 6 when it fell to 0.03%. The volatility of 0.03% is too low for the crypto coin to engage in any attention-worthy price action.
The price of ARI10 took a 2% down downswing at the open of the weekly trading period. The market sentiment on March 2 stayed as the coin obtained another 2%. On March 3, the market was moving to the downside as Ari10 went 1% down from the low at $0.0033 to the high at $0.0034. On March 4, the value of ARI10 was in the range, with the market remaining flat. On March 5, Ari10 finished the trading day with no changes to the flatlined market. On March 6, the crypto coin showcased the following price fluctuations: the trading session began at $0.003 and then traveled from the low of the day at $0.0033 to the high of the day at $0.0034, closing at $0.003. March 7 presented us with the following price action data: the coin opened the period at $0.003 and went on to establish the low at $0.0032 and the high of the day at $0.0033 before closing the day at $0.003. Over the course of all trading sessions, the asset established the weekly low at $0.0032 while buyers managed to push the price up to the weekly high at $0.0035. Traders saw Ari10 covering the $0.0002 distance between the weekly low and the weekly high, which constituted for a 5% move.
Over the period of the last 7 days, March 1 to March 7, Ari10 saw its average trading volume fluctuate between $15 245 and $17 170. Over the week that came before the analyzed time span, the average trading volume of ARI10 ranged between $15 516 and $31 303. The 36% 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 5%.
The total capitalization of Bitcoin at the start of the analyzed time period (March 1) amounted to $1 191 568; by the end of that period (March 7), the capitalization went to $1 152 904. The rate of percentage change for the last week for ARI10 was 3%. The 3% change in the coin's market capitalization affected the price rate that saw a 5% shift in the same time period. In the preceding week, February 22 - February 28, the market capitalization of Ari10 got a 5% adjustment ($1 278 499 to $1 211 189) in comparison to a 3% change last week; this allows getting a deeper insight into the market structure.