January 26 - February 1 price action recap: Bistroo sees a weak 2% gain as the buyers take a step back.
The bullish behavior of Bistroo last week was characterized by the occurrence of upswings. The situation on the BIST market shows that the underlying asset is currently experiencing a period of low 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.
Bistroo is experiencing low volatility, as confirmed by our comprehensive analysis. With the average volatility being as low as 0.01%, BIST was incapable of making any sizable price swings. Despite the overall weak performance, the volatility of the coin had its highest point at 1.36%. On January 31, the asset didn't make any noticeable price movements as its volatility dropped to the lowest level at 0.01%. The unimpressive volatility of 0.01% showcases the overall weakness of the crypto coin.
There were no gains or losses to the BIST market on January 26, it remained flat. The coin market was up by 1% on January 27, the second day of the reviewed time period. The cautious traders dominated the price action on January 28, with the Bistroo market remaining flat. On January 29, the value of BIST was in the range, with the market remaining flat. On January 30, Bistroo finished the trading day with no changes to the flatlined market. While the 24H high and low on January 31 were at $0.0183 and $0.0181, respectively, the crypto coin had been traded in the area between the open at $0.02 and the close at $0.02. February 1 presented us with the following price action data: the coin opened the period at $0.02 and went on to establish the low at $0.0181 and the high of the day at $0.0185 before closing the day at $0.02. The asset posted the weekly low at $0.018, while the top of the weekly trading session was registered at $0.018. The price action on the weekly time frame made Bistroo within the 2% range from its weekly low to the weekly high, while the oscillation amplitude between these price points amounted to $0.0004.
As for the average trading volume in the time slot between January 26 and February 1, the Bistroo market registered the change from $22 031 to $11 667. A more comprehensive analysis of BIST price action requires the comparison of the trading volume between January 26 and February 1 with that from the preceding week that demonstrated how the trading volume fluctuated between $6 212 and $16 419. The 31% 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 2%.
BIST 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. Bistroo market capitalization from the week before experienced no change, as a result there were no price fluctuations.