A 16% price appreciation seen on the Big Defi Energy market between December 2 and December 8.

The price of Big Defi Energy was rising last from December 2 until December 8, giving enough reason to conclude that the market is bullish. The situation on the BDE market shows that the underlying asset is currently experiencing a period of medium volatility. 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.

The unfolding situation in the Big Defi Energy market suggests that the reviewed digital asset is in the stage of mild volatility. We established that BDE didn't showcase any significant price action due to the market's mild average volatility of 17%. The most significant volatility occurred on December 2 and reached 20.45%. The price of the asset had fluctuated the least on December 6, when the volatility plummeted to 0.93%. The bulls and the bears appear to be remaining in deadlock as the average volatility of the crypto coin was no higher than 17%.

On December 2, the Big Defi Energy market opened at $0.0003, preceded by a period of bullish action. The gains of BDE after the weekly open on December 2 amounted to 9%. The 1% move in the upward direction took place on the second day after the weekly open. The cautious traders dominated the price action on December 4, with the Big Defi Energy market remaining flat. The next trading session was characterized by more bullish price action (as BDE made a 21% move) on the back of the consistent trading volume. Big Defi Energy finalized the trading day of December 6 at $0.0004 after opening it at $0.0005, though the price broke through that corridor to hit the 24H high at $0.00048 and the 24H low at $0.00042. While the 24H high and low on December 7 were at $0.000438 and $0.00043, respectively, the crypto coin had been traded in the area between the open at $0.0004 and the close at $0.0004. Most trading activity on December 8 occurred in the space between $0.0004 and $0.0004; during this time span, the immediate selling pressure forced the coin to drop to the 24H low at $0.00043, though the bulls had also staged the rally to the 24H high at $0.00044. The price action on the asset's market during the period between December 2 and December 8 topped at $0.0005, while the bottom of the price range was established at $0.0003. The price action on the weekly time frame made Big Defi Energy within the 16% range from its weekly low to the weekly high, while the oscillation amplitude between these price points amounted to $0.00006.

Big Defi Energy ’s average trading volume on the opening day of the observed time period, December 2, stood at $0.89, while on the closing day of the same period, it moved to $2.2. Over the week that came before the analyzed time span, the average trading volume of BDE ranged between $0.28 and $8.77. The 67% 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 16%.

BDE 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. Big Defi Energy market capitalization from the week before experienced no change, as a result there were no price fluctuations.

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Article date: December 8 | December 2 - 8

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