The capitulation of January 18 - January 24 : Big Defi Energy experienced a 39% dive.
The analysis of last week’s price action shows that the Big Defi Energy market is in the phase since the price has been moving downward. 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 price action of Big Defi Energy has been contained due to modest volatility. The market analysis reveals that the mild average volatility of 18% restrained BDE 's price swings. The volatility of the coin reached its highest point at 21.41% during the observed period. On January 22, the volatility of the asset was at its minimum at 1.15%. Due to the fact that the crypto coin has been modestly volatile, the market is unlikely to demonstrate any aggressive price swings.
The price of BDE took a 1% down downswing at the open of the weekly trading period. On January 19, the price of the coin has shifted by 21% from the daily open on the back of a good trading volume. Big Defi Energy posted the interim low at $0.00033 on January 20 and then moved up by 3% and peaked at $0.00034. Over the next trading period (on January 21), BDE was moving down by 2% on the back of a congruous trading volume. January 22 kicked off with Big Defi Energy trading opening at $0.0003 and then closing the session at $0.0003, establishing the 24H low at $0.0003 and 24H high at $0.0003 in the process. The crypto coin opened the trading session on January 23 at $0.0003 and finalized it at $0.0003; the highest point of price action was at $0.0003, the lowest was detected at $0.0003. Most trading activity on January 24 occurred in the space between $0.0003 and $0.0003; during this time span, the immediate selling pressure forced the coin to drop to the 24H low at $0.00026, though the bulls had also staged the rally to the 24H high at $0.00028. The asset posted the weekly low at $0.0003, while the top of the weekly trading session was registered at $0.0004. As a result of price action within the designated time period, the price movement range on the Big Defi Energy market was established at $0.0002 or 39% between the weekly low and the weekly high.
The trading activity on the Big Defi Energy market over the past week - January 18 to January 24 - generated the average trading volume that went from $7.68 to $27.43. During the week before January 18, the trading volume of BDE flowed from $3.29 to $107. We can draw a parallel between the change in trading volume in the previous 7 days, which constituted 43%, and the 39% price shift.
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.