Market analysis November 18 - November 24 : Cricket Foundation posts a 982% rally.
The price of Cricket Foundation was rising last from November 18 until November 24, giving enough reason to conclude that the market is. CRIC 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.
During the reported period, Cricket Foundation has been swinging for the fences, which resulted in an average volatility of 1086.81% for the given period. The volatility of the asset has reached the extreme after going as high as 1086.81% - it happened on November 18. The quietest period on the coin's market happened on November 24 as the volatility failed to surpass the 0% mark. The high volatility of 1086.81% points to the possibility of unpredictable and violent price action.
The first day of price action was marked by the 1% move to the downside from the point where the trading session opened. The market sentiment on November 19 stayed bullish as the coin obtained another 1087%. The cautious traders dominated the price action on November 20, with the Cricket Foundation market remaining flat. On November 22, CRIC market moved by 92% in the bearish direction in concert with the trading volume. Cricket Foundation finalized the trading day of November 22 at $0.0001 after opening it at $0.00009, though the price broke through that corridor to hit the 24H high at $0.001 and the 24H low at $0.00007. The crypto coin opened the trading session on November 23 at $0.0001 and finalized it at $0.001; the highest point of price action was at $0.001, the lowest was detected at $0.00007. Between the 24H high at $0.001 and the 24H low at $0.001, the coin was traded in the $0.001 - $0.001 price corridor. Over the course of all trading sessions, the asset established the weekly low at $0.00007 while buyers managed to push the price up to the weekly high at $0.001. As a result of price action within the designated time period, the price movement range on the Cricket Foundation market was established at $0.0009 or 982% between the weekly low and the weekly high.
Cricket Foundation ’s average trading volume on the opening day of the observed time period, November 18, stood at $82.55, while on the closing day of the same period, it moved to $20.2. We can draw the comparison with the period of 7 days that preceded the reviewed one when CRIC ’s trading volume varied from $1.58 to $222. The 57% change in trading volume in the asset's market, compared to last week, supported the price movement that allowed the cryptocurrency to alter its value by 982%.
CRIC 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. Cricket Foundation market capitalization from the week before experienced no change, as a result there were no price fluctuations.