BitcoinV sees limited 1% gains between September 21 and September 27 as the market cools down.
BitcoinV has been bullish last week as its price has been predominantly rising. The volatility of BTCV has been low throughout the reviewed period in correspondence with the price action. 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.
According to our market analysis, the weak price movement of BitcoinV was dictated by low volatility. With the average volatility being as low as 0.53%, BTCV was incapable of making any sizable price swings. 2.41% was the maximum volatility that the coin managed to showcase on September 25. The price action on the asset's market was the weakest on September 26 when the volatility was at 0.53%, the minimum for the given period of time. Since the crypto coin is displaying low levels of volatility, the price action is likely to remain feeble.
While the overall situation on the BitcoinV market was bullish, the trading session on September 21 kicked off at the $0.0007 price level. The price of BTCV took a 1% up upswing at the open of the weekly trading period. September 22 saw the coin going another 2% since the open, supported by the corresponding trading volume. The price range of BitcoinV formed between $0.00071 and $0.00076 on September 23 as the price traveled 3% down. Over the next trading period (on September 24), BTCV was moving up by 2% on the back of a congruous trading volume. The price oscillation of BitcoinV on September 25 was in the $0.0007 - $0.0008 range; at the same time, the price stretched out to reach the 24H low at $0.00074 and the 24H high at $0.00076. The crypto coin opened the trading session on September 26 at $0.0008 and finalized it at $0.0008; the highest point of price action was at $0.00077, the lowest was detected at $0.00073. Between the 24H high at $0.0008 and the 24H low at $0.0007, the coin was traded in the $0.0007 - $0.0008 price corridor. The price action on the asset's market during the period between September 21 and September 27 topped at $0.0008, while the bottom of the price range was established at $0.0007. The price action on the weekly time frame made BitcoinV within the 1% range from its weekly low to the weekly high, while the oscillation amplitude between these price points amounted to $0.00001.
Over the period of the last 7 days, September 21 to September 27, BitcoinV saw its average trading volume fluctuate between $250 and $281. Over the week that came before the analyzed time span, the average trading volume of BTCV ranged between $88.29 and $1 383. The 21% 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 1%.
BTCV 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. BitcoinV market capitalization from the week before experienced no change, as a result there were no price fluctuations.