Slightly bearish : traders witnessed Bone ShibaSwap moving down 2% from November 17 till November 23.

The analysis of last week’s price action shows that the Bone ShibaSwap market is in the phase since the price has been moving downward. BONE has been going through a period of low volatility, which fell in line with the occurred price changes. The price action on the coin's market translated to the decline of market capitalization. The price action of the crypto coin from last week stemmed from the decreasing trading volume.

According to our market analysis, the weak price movement of Bone ShibaSwap was dictated by low volatility. The insignificant movement of the BONE market came as the result of low average volatility that amounted to 0.9%. Despite the overall weak performance, the volatility of the coin had its highest point at 5.94%. The calmest period on the asset's market was registered on November 22, when the volatility failed to exceed 0.9%. The unimpressive volatility of 0.9% showcases the overall weakness of the crypto coin.

On November 17, the first trading session of the reviewed time period, the market participants saw BONE moving up by 3%. The coin market was up by 2% on November 18, the second day of the reviewed time period. On November 19, the market was moving to the upside as Bone ShibaSwap went 1% up from the low at $0.68 to the high at $0.69. The next trading session was characterized by more price action (as BONE made a 1% move) on the back of the consistent trading volume. The price oscillation of Bone ShibaSwap on November 21 was in the $0.68 - $0.64 range; at the same time, the price stretched out to reach the 24H low at $0.64 and the 24H high at $0.68. The trading period on November 22 saw the crypto coin forming the price amplitude between the open at $0.63 and the close at $0.63, also interacting with $0.61 (24H low) and $0.61 (24H high). The coin found the deepest trough (24H low) at $0.63 on November 23 and then exploded to the ceiling (24H high) at $0.67; the price range for that day was between $0.64 and $0.66. The price action on the asset's market during the period between November 17 and November 23 topped at $0.71, while the bottom of the price range was established at $0.61. Bone ShibaSwap bounced 2% between the low of the week and the peak price for the same time period, ultimately creating a price range of $0.01.

Bone ShibaSwap ’s average trading volume on the opening day of the observed time period, November 17, stood at $4 787 730, while on the closing day of the same period, it moved to $4 816 119. During the week before November 17, the trading volume of BONE flowed from $2 745 412 to $16 611 566. The 53% 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%.

The change in the total market capitalization of Bone ShibaSwap from November 17 to November 23 was as follows: on November 17, the capitalization was at $157 479 749, while on November 23, it reached the level of $145 535 565. BONE experienced a 8% change in total market capitalization throughout the past seven days. The price of the coin changed by 2% on the back of the 8% shift in its total market capitalization. During the week before the analyzed time frame, the market capitalization of Bone ShibaSwap moved by 8% as it went from $143 706 139 to $154 765 949, and gave a better understanding of the general direction in which this market is flowing.

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Article date: November 23 | November 17 - 23

Market reviews for similar coins for November 17 - 23