Last week’s (December 23 - December 29) irresolute BitCanna : the price moved up no more than 2%.

BitCanna has been last week as its price has been predominantly rising. The situation on the BCNA 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.

The price action of BitCanna is in a stalemate due to low volatility during the observed period. The insignificant movement of the BCNA market came as the result of low average volatility that amounted to 0.26%. The most significant price swings occurred on December 27, when the volatility of the coin was at its highest for the given period at 3.23%. The asset experienced the period of lowest volatility on December 28 when it fell to 0.26%. Since the crypto coin is displaying low levels of volatility, the price action is likely to remain feeble.

On December 23, the first trading session of the reviewed time period, the market participants saw BCNA moving up by 2%. The price action of the coin remained bullish on December 24 as the bulls pushed the price up by 2%. During the next trading day, the rate of change in the price of BitCanna stood at 1% having reached the low at $0.0142 and the high at $0.0144 as the advantage remained on the side of sellers. The BCNA market was up as the price shifted by 2% on December 26, against the backdrop of the sufficient trading volume. BitCanna finalized the trading day of December 27 at $0.01 after opening it at $0.01, though the price broke through that corridor to hit the 24H high at $0.0148 and the 24H low at $0.0144. The crypto coin opened the trading session on December 28 at $0.01 and finalized it at $0.01; the highest point of price action was at $0.0146, the lowest was detected at $0.0142. The coin's market saw no changes on December 29, as the market flatlined. The asset posted the weekly low at $0.014, while the top of the weekly trading session was registered at $0.015. The difference between the lowest and the highest price points for the week was 2%, as the price moved in the $0.0003 wide corridor.

The trading activity on the BitCanna market over the past week - December 23 to December 29 - generated the average trading volume that went from $7 173 to $3 481. We can draw the comparison with the period of 7 days that preceded the reviewed one when BCNA ’s trading volume varied from $1 858 to $4 755. The average trading volume of the asset fluctuated by 22% by comparison with the previous period, whereas the price change of 2% took place over the same period of time.

BCNA 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. BitCanna market capitalization from the week before experienced no change, as a result there were no price fluctuations.

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Article date: December 29 | December 23 - 29

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