Bearish response: The Blockpass price melts by 1% between January 18 and January 24.
The price of Blockpass was falling last from January 18 until January 24, giving enough reason to conclude that the market is bearish. The price swings of PASS pointed to the presence of high 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.
Due to the active price action, the average volatility of Blockpass jumped to 766.99%. The highest volatility was recorded on January 18 - it amounted to 766.99%. The coin saw its volatility drop to a minimum at 0% on January 24. The present volatility of 766.99% renders the PASS market unstable with the possibility of violent price swings.
While the overall situation on the Blockpass market was bearish, the trading session on January 18 kicked off at the $0.002 price level. During the opening day on January 18, PASS has had a 88% move to the downside. The 767% move in the upward direction took place on the second day after the weekly open. The cautious traders dominated the price action on January 20, with the Blockpass market remaining flat. On January 21, the value of PASS was in the range, with the market remaining flat. On January 22, Blockpass finished the trading day with no changes to the flatlined market. The trading period on January 23 saw the crypto coin forming the price amplitude between the open at $0.0002 and the close at $0.0002, also interacting with $0.0002 (24H low) and $0.0002 (24H high). The coin's market saw no changes on January 24, as the market flatlined. The asset posted the weekly low at $0.0002, while the top of the weekly trading session was registered at $0.002. Blockpass shaped the $0.000003 price range over the week of price action, which constituted the 1% gap between the weekly low and the weekly high.
In the period January 18 - January 24, the trading volume of Blockpass went from $14.86 on the first day of the reviewed period to $34.18 on the closing day. In order to have a better grasp of the PASS market, it’s necessary to compare the stats from the analyzed period with those from the week before, when the trading volume had gone from $62.35 to $29 470. The 98% trading volume fluctuation between January 18 and January 24, as compared with the previous period, served as a basis for a 1% price move.
PASS 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. Blockpass market capitalization from the week before experienced no change, as a result there were no price fluctuations.