March 7 - March 13 market watch: Community Business Token goes up by 100% as buying pressure persists.
The upward movement of the Community Business Token price last week indicates the chosen market is. CBT was caught in a period of high volatility, which was reflected in its price action. 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.
According to our calculations, Community Business Token experiences larger than usual price fluctuations, which translates to the average volatility percentage of 100% during the period under review. The peak of the asset's volatility fell on March 7 after it went all the way to 100%. The quietest period on the coin's market happened on March 13 as the volatility failed to surpass the 0% mark. The present volatility of 100% renders the CBT market unstable with the possibility of violent price swings.
There were no gains or losses to the CBT market on March 7, it remained flat. On March 8, the price of the coin has shifted by 100% from the daily open on the back of a good trading volume. The cautious traders dominated the price action on March 9, with the Community Business Token market remaining flat. On March 10, the value of CBT was in the range, with the market remaining flat. On March 11, Community Business Token finished the trading day with no changes to the flatlined market. No changes were observed on the crypto coin's market on March 12. The coin's market saw no changes on March 13, as the market flatlined. During the reviewed time period, the asset was able to achieve the weekly high at $0.000002, though at a certain point, the bear pressurized the price down to the weekly low at $0.000001. The difference between the lowest and the highest price points for the week was 100%, as the price moved in the $0.000001 wide corridor.
The past 7 days were marked by a change in average daily trading volume from $133 on March 7 to $7.04 on March 13. Over the week that came before the analyzed time span, the average trading volume of CBT ranged between $11.59 and $384. The average trading volume of the asset fluctuated by 38% by comparison with the previous period, whereas the price change of 100% took place over the same period of time.
CBT 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. Community Business Token market capitalization from the week before experienced no change, as a result there were no price fluctuations.