Badger DAO market outlook from March 11 - March 17 :the price surges by 19%.
The price of Badger DAO was rising last from March 11 until March 17, giving enough reason to conclude that the market is. The situation on the BADGER market shows that the underlying asset is currently experiencing a period of medium volatility. The asset saw its market capitalization growing over the reviewed period together with its price. The price action of the crypto coin last week took place on the back of increased trading volume.
Badger DAO has been moving reservedly on the backdrop of average volatility. Given that the average volatility on the BADGER market didn't exceed 8%, the price action remained limited. The most significant volatility occurred on March 11 and reached 10.39%. The asset's volatility was at its lowest on March 15 when it dropped to 0.38%. The crypto coin's market didn't put up any surprises due to mild average volatility of 8%.
There were no gains or losses to the BADGER market on March 11, it remained flat. March 12 saw the coin going another 7% since the open, supported by the corresponding trading volume. Badger DAO posted the interim low at $2.75 on March 13 and then moved up by 12% and peaked at $3.08. Over the next trading period (on March 14), BADGER was moving up by 7% on the back of a congruous trading volume. The developments on the Badger DAO market on March 15 started with the price opening at $3.2 and subsequently moving to $3.07, the close of the day, while dropping to the 24H low at $3.03 and spiking to the 24H high at $3.03. On March 16, the crypto coin showcased the following price fluctuations: the trading session began at $3.05 and then traveled from the low of the day at $2.96 to the high of the day at $3.08, closing at $2.98. On the last day of the reviewed period, the coin was locked between $3 and $3.11, though the price managed to puncture these levels to reach the 24H high at $3.25 and the 24H low at $3. During the reviewed time period, the asset was able to achieve the weekly high at $3.37, though at a certain point, the bear pressurized the price down to the weekly low at $2.56. Badger DAO shaped the $0.5 price range over the week of price action, which constituted the 19% gap between the weekly low and the weekly high.
The past 7 days were marked by a change in average daily trading volume from $5 089 061 on March 11 to $5 869 181 on March 17. During the week before March 11, the trading volume of BADGER flowed from $2 971 565 to $8 839 805. The asset demonstrated an 21% change in trading volume, when compared against its performance in the past 7 days, while its price fluctuated by 19%.
The change in the total market capitalization of Badger DAO from March 11 to March 17 was as follows: on March 11, the capitalization was at $50 615 052, while on March 17, it reached the level of $57 773 265. Percentage-wise, the market capitalization of BADGER has shifted by 14% in the past week. The 14% change in the coin's market capitalization affected the price rate that saw a 19% shift in the same time period. Badger DAO ’s market capitalization from the week before changed by 19%, as the result of fluctuation between $63 312 782 and $50 615 052, to give a clearer vision of the current state of the market.