November 16 - November 22 market wrap: Creamcoin had a slight 2% drop.

The behavior of Creamcoin last week was characterized by the occurrence of downswings. CRM 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.

We have established that the average volatility of Creamcoin was at 687.5% in concert with its rapid price change. The peak of the asset's volatility fell on November 16 after it went all the way to 687.5%. The coin saw its volatility drop to a minimum at 1.74% on November 22. The high volatility of 687.5% points to the possibility of unpredictable and violent price action.

The price of CRM took a 1% down downswing at the open of the weekly trading period. The price action of the coin remained bearish on November 17 as the bears pushed the price down by 87%. Creamcoin posted the interim low at $0.00009 on November 18 and then moved up by 37% and peaked at $0.0001. The next trading session was characterized by more price action (as CRM made a 3% move) on the back of the consistent trading volume. The price oscillation of Creamcoin on November 20 was in the $0.0001 - $0.0007 range; at the same time, the price stretched out to reach the 24H low at $0.0001 and the 24H high at $0.0007. While the 24H high and low on November 21 were at $0.0007 and $0.00008, respectively, the crypto coin had been traded in the area between the open at $0.0007 and the close at $0.00008. As for the occurrences on November 22, the price of the coin bottomed at $0.0001 and peaked at $0.0007, while its daily range formed between $0.0007 and $0.0006. $0.00008 was the bottom of price action for the week, though the price went to the high extreme at $0.0007 over the same time period. Creamcoin shaped the $0.00001 price range over the week of price action, which constituted the 2% gap between the weekly low and the weekly high.

Over the period of the last 7 days, November 16 to November 22, Creamcoin saw its average trading volume fluctuate between $0.01 and $0.01. A more comprehensive analysis of CRM price action requires the comparison of the trading volume between November 16 and November 22 with that from the preceding week that demonstrated how the trading volume fluctuated between $0.01 and $19.47. Percentage-wise, the trading volume of the asset changed by 67%, in comparison to the previous period, while its price experienced a 2% adjustment.

CRM 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. Creamcoin market capitalization from the week before experienced no change, as a result there were no price fluctuations.

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Article date: November 22 | November 16 - 22

Market reviews for similar coins for November 16 - 22