Down by 1% : The Coin of the champions market saw some bearish action last week (February 19 - February 25).
The bearish behavior of Coin of the champions last week was characterized by the occurrence of downswings. COC has been going through a period of medium volatility, which fell in line with the occurred price changes. The asset saw its market capitalization falling over the reviewed period together with its price. The price action of the crypto coin last week took place on the back of decreased trading volume.
The price action of Coin of the champions has been contained due to modest volatility. Our comprehensive data indicates that the price change of COC has been moderate on the back of the average volatility of 14% for the given time period. The most significant volatility occurred on February 19 and reached 17.8%. 1.36% was the rock bottom for the asset's volatility that was reached on February 23. Due to the fact that the crypto coin has been modestly volatile, the market is unlikely to demonstrate any aggressive price swings.
The bears were dictating the terms on the Coin of the champions market on February 19 - the trading session opened at $0.00000002. The first day of price action was marked by the 19% move to the downside from the point where the trading session opened. The market sentiment on February 20 stayed as the coin obtained another 4%. During the following trading period on February 21, the price of Coin of the champions oscillated between the low at $0.000000013 and the high at $0.000000015, while the price moved down by 12%. Over the next trading period (on February 22), COC was moving down by 3% on the back of a congruous trading volume. The price range of Coin of the champions on February 23 formed between $0.00000001 and $0.00000001, whereas the daily price extremities were $0.000000013 and $0.000000014. The price action on February 24 saw the crypto coin moving along the following route: starting point at $0.00000001 and closing point at $0.00000001, while it also deviated to establish the high of the day at $0.000000016 and the low of the day at $0.000000013. February 25 presented us with the following price action data: the coin opened the period at $0.00000001 and went on to establish the low at $0.000000014 and the high of the day at $0.000000015 before closing the day at $0.00000001. The highest point of the price action over the week was at $0.000000018 - the weekly low during the same period was established at $0.000000013. Coin of the champions shaped the $0.00000000008 price range over the week of price action, which constituted the 1% gap between the weekly low and the weekly high.
Over the period of the last 7 days, February 19 to February 25, Coin of the champions saw its average trading volume fluctuate between $125 128 and $78 366. In order to have a better grasp of the COC 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 $89 323 to $169 959. The average trading volume of the asset fluctuated by 19% by comparison with the previous period, whereas the price change of 1% took place over the same period of time.
The change in the total market capitalization of Coin of the champions from February 19 to February 25 was as follows: on February 19, the capitalization was at $2 394 347, while on February 25, it reached the level of $2 048 001. 14% was the calculated percentage change for the COC market over the past week. The price of the coin changed by 1% on the back of the 14% shift in its total market capitalization. Coin of the champions ’s market capitalization from the week before changed by 32%, as the result of fluctuation between $3 788 348 and $2 394 347, to give a clearer vision of the current state of the market.