The bulls muster more strength as Combo rises by 163% from September 16 to September 22.
The analysis of last week’s price action shows that the Combo market is in the bullish phase since the price has been moving upward. The situation on the COMB market shows that the underlying asset is currently experiencing a period 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 Combo jumped to 130.76%. The largest volatility percentage during the given time span was 130.76% - it occurred on September 16. The lowest volatility for the given period was spotted on September 22 and reached 0%. The present volatility of 130.76% renders the COMB market unstable with the possibility of violent price swings.
The losses of COMB after the weekly open on September 16 amounted to 16%. The price action of the coin remained bullish on September 17 as the bulls pushed the price up by 127%. On September 18, the market was moving to the downside as Combo went 24% down from the low at $0.001 to the high at $0.003. Over the next trading period (on September 19), COMB was moving down by 7% on the back of a congruous trading volume. Combo finalized the trading day of September 20 at $0.0009 after opening it at $0.001, though the price broke through that corridor to hit the 24H high at $0.001 and the 24H low at $0.0009. The trading period on September 21 saw the crypto coin forming the price amplitude between the open at $0.0009 and the close at $0.001, also interacting with $0.0008 (24H low) and $0.0008 (24H high). September 22 presented us with the following price action data: the coin opened the period at $0.001 and went on to establish the low at $0.0009 and the high of the day at $0.002 before closing the day at $0.002. Over the course of all trading sessions, the asset established the weekly low at $0.0006 while buyers managed to push the price up to the weekly high at $0.003. The price action on the weekly time frame made Combo within the 163% range from its weekly low to the weekly high, while the oscillation amplitude between these price points amounted to $0.0009.
In the period September 16 - September 22, the trading volume of Combo went from $275 084 on the first day of the reviewed period to $757 069 on the closing day. Over the week that came before the analyzed time span, the average trading volume of COMB ranged between $142 128 and $186 228. We can draw a parallel between the change in trading volume in the previous 7 days, which constituted 566%, and the 163% price shift.
COMB 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. Combo market capitalization from the week before experienced no change, as a result there were no price fluctuations.