Casper Network exploded by 21% in the period of April 24 - April 30 as the buyers got an upper hand.
The bullish behavior of Casper Network last week was characterized by the occurrence of upswings. The volatility of CSPR has been medium throughout the reviewed period in correspondence with the price action. The price action on the coin's market translated to the growth of market capitalization. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
While the volatility remains restrained, Casper Network isn't making any explosive moves. The average volatility of 9% was the reason why the price of CSPR didn't put up any significant gains. The most significant volatility occurred on April 24 and reached 10.82%. The asset saw its volatility drop to the lowest level for the given period on April 28 as it shrank to 0.02%. The crypto coin's market didn't put up any surprises due to mild average volatility of 9%.
The price of CSPR took a 2% down downswing at the open of the weekly trading period. The 2% move in the upward direction took place on the second day after the weekly open. During the following trading period on April 26, the price of Casper Network oscillated between the low at $0.05 and the high at $0.056, while the price moved up by 11%. Over the next trading period (on April 27), CSPR was moving up by 2% on the back of a congruous trading volume. The price range of Casper Network on April 28 formed between $0.05 and $0.05, whereas the daily price extremities were $0.053 and $0.055. The activity on the crypto coin's market on April 29 resulted in the asset being traded between $0.05, the open of the day, and $0.06, the close of the day; at some point, the price spiked to the daily high at $0.056 and briefly dropped to the daily low at $0.053. As for the occurrences on April 30, the price of the coin bottomed at $0.057 and peaked at $0.06, while its daily range formed between $0.06 and $0.06. $0.05 was the bottom of price action for the week, though the price went to the high extreme at $0.06 over the same time period. As a result of price action within the designated time period, the price movement range on the Casper Network market was established at $0.01 or 21% between the weekly low and the weekly high.
In the period April 24 - April 30, the trading volume of Casper Network went from $10 428 143 on the first day of the reviewed period to $11 486 782 on the closing day. Over the week that came before the analyzed time span, the average trading volume of CSPR ranged between $12 236 009 and $29 336 823. The 28% trading volume fluctuation between April 24 and April 30, as compared with the previous period, served as a basis for a 21% price move.
Bitcoin began the observed period April 24 - April 30, with the market capitalization of $550 922 331 and finalized it at the market capitalization level of $636 762 632. 16% was the calculated percentage change for the CSPR market over the past week. As a consequence of the 16% fluctuation in its market capitalization, the price of the coin changed by 21%. During the week before the analyzed time frame, the market capitalization of Casper Network moved by 9% as it went from $618 431 875 to $565 556 786, and gave a better understanding of the general direction in which this market is flowing.