The bulls muster more strength as ArtByte rises by 119% from March 7 to March 13.
Between March 7 - March 13, ArtByte has been mostly bullish as its price has been in the rising mode. ABY was caught in a period of high volatility, which was reflected in its 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.
We have established that the average volatility of ArtByte was at 110.84% in concert with its rapid price change. The volatility of the asset has reached the extreme after going as high as 110.84% - it happened on March 7. On March 13, the coin's volatility was at its minimum level of 2.45%. The present volatility of 110.84% is indicative of unstable market conditions.
The bears were dictating the terms on the ArtByte market on March 7 - the trading session opened at $0.0004. The first day of price action was marked by the 50% move to the downside from the point where the trading session opened. The price action of the coin remained on March 8 as the pushed the price up by 99%. The bears dominated the price action during the following trading period as the price drifted 7% to the downside, having established the low for the reviewed time frame at $0.00041, while the high was recorded at $0.00044. The ABY market was down as the price shifted by 2% on March 10, against the backdrop of the sufficient trading volume. ArtByte finalized the trading day of March 11 at $0.0002 after opening it at $0.0004, though the price broke through that corridor to hit the 24H high at $0.0004 and the 24H low at $0.0002. While the 24H high and low on March 12 were at $0.00043 and $0.0004, respectively, the crypto coin had been traded in the area between the open at $0.0004 and the close at $0.0004. The coin found the deepest trough (24H low) at $0.00042 on March 13 and then exploded to the ceiling (24H high) at $0.00049; the price range for that day was between $0.0004 and $0.0005. The highest point of the price action over the week was at $0.0005 - the weekly low during the same period was established at $0.0002. ArtByte bounced 119% between the low of the week and the peak price for the same time period, ultimately creating a price range of $0.0003.
Over the period of the last 7 days, March 7 to March 13, ArtByte saw its average trading volume fluctuate between $0.03 and $0.44. We can draw the comparison with the period of 7 days that preceded the reviewed one when ABY ’s trading volume varied from $0.05 to $1.19. We can draw a parallel between the change in trading volume in the previous 7 days, which constituted 0%, and the 119% price shift.
ABY 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. ArtByte market capitalization from the week before experienced no change, as a result there were no price fluctuations.