The torpid Badger DAO had its price rise only by 2% last week (February 21 - February 27).
Badger DAO has been bullish last week as its price has been predominantly rising. The situation on the BADGER market shows that the underlying asset is currently experiencing a period of medium volatility. The market capitalization of the asset has been decreasing in concert with the price of the coin. The price action of the crypto coin last week took place on the back of decreased trading volume.
The unfolding situation in the Badger DAO market suggests that the reviewed digital asset is in the stage of mild volatility. During the reviewed period, the volatility of BADGER was in the middle register, averaging at 8%. The coin has hit the highest point of volatility on February 21. On February 25, the volatility of the asset was at its minimum at 0.91%. The crypto coin's market didn't put up any surprises due to mild average volatility of 8%.
While the overall situation on the Badger DAO market was bullish, the trading session on February 21 kicked off at the $3.52 price level. During the opening day on February 21, BADGER has had a 1% move to the upside. On February 22, the price of the coin has shifted by 8% from the daily open on the back of a good trading volume. On February 23, the market was moving to the downside as Badger DAO went 3% down from the low at $3.7 to the high at $4.2. BADGER ’s performance during February 24 was the following: the price declined by 9% in conjunction with the acceptable trading volume. The developments on the Badger DAO market on February 25 started with the price opening at $3.41 and subsequently moving to $3.28, the close of the day, while dropping to the 24H low at $3.28 and spiking to the 24H high at $3.28. The crypto coin opened the trading session on February 26 at $3.25 and finalized it at $3.31; the highest point of price action was at $3.35, the lowest was detected at $3.23. Most trading activity on February 27 occurred in the space between $3.33 and $3.61; during this time span, the immediate selling pressure forced the coin to drop to the 24H low at $3.33, though the bulls had also staged the rally to the 24H high at $3.77. The highest point of the price action over the week was at $4.2 - the weekly low during the same period was established at $3.23. Badger DAO shaped the $0.07 price range over the week of price action, which constituted the 2% gap between the weekly low and the weekly high.
In the period February 21 - February 27, the trading volume of Badger DAO went from $13 117 636 on the first day of the reviewed period to $2 716 293 on the closing day. In order to have a better grasp of the BADGER market, it’s necessary to compare the stats from the analyzed period with those from the week before, when the trading volume had gone from $2 041 726 to $5 445 929. The average trading volume of the asset fluctuated by 402% by comparison with the previous period, whereas the price change of 2% took place over the same period of time.
The total capitalization of Bitcoin at the start of the analyzed time period (February 21) amounted to $67 474 827; by the end of that period (February 27), the capitalization went to $64 045 891. The percentage change in the total market capitalization of BADGER amounted to 5%. While the market capitalization of the coin was altered by 5%, its price has made a 2% change. The comparison with the Badger DAO market capitalization seen during the time period February 14 - February 20 that occurred before the observed one, which changed by 14%, from $53 827 629 to $61 487 096, allows us to get a clearer understanding of current market conditions.