The bears stepped up a gear on February 25 - March 3, dropping the price of Crypto Raiders by 9%.
The bearish behavior of Crypto Raiders last week was characterized by the occurrence of downswings. RAIDER was caught in a period of high volatility, which was reflected in its price action. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
The volatility of Crypto Raiders was at 23.16% on average, which caused noticeable price fluctuations. The largest volatility percentage during the given time span was 23.16% - it occurred on February 25. On March 3, the coin's volatility was at its minimum level of 0.31%. 23.16% is too high a volatility for the RAIDER market to be considered stable and easily predictable.
Crypto Raiders began the day on February 25 at $0.07, while the broad background was bearish. During the opening day on February 25, RAIDER has had a 23% move to the downside. On February 26 the coin market stayed neutral, with no changes in the price. The bears dominated the price action during the following trading period as the price drifted 4% to the downside, having established the low for the reviewed time frame at $0.05, while the high was recorded at $0.05. The next trading session was characterized by more price action (as RAIDER made a 1% move) on the back of the consistent trading volume. The developments on the Crypto Raiders market on March 1 started with the price opening at $0.05 and subsequently moving to $0.05, the close of the day, while dropping to the 24H low at $0.047 and spiking to the 24H high at $0.047. The crypto coin opened the trading session on March 2 at $0.05 and finalized it at $0.05; the highest point of price action was at $0.05, the lowest was detected at $0.048. As for the occurrences on March 3, the price of the coin bottomed at $0.046 and peaked at $0.049, while its daily range formed between $0.05 and $0.05. The highest point of the price action over the week was at $0.07 - the weekly low during the same period was established at $0.05. The difference between the lowest and the highest price points for the week was 9%, as the price moved in the $0.004 wide corridor.
Over the period of the last 7 days, February 25 to March 3, Crypto Raiders saw its average trading volume fluctuate between $17 886 and $7 924. Over the week that came before the analyzed time span, the average trading volume of RAIDER ranged between $15 996 and $102 105. The asset demonstrated an 34% change in trading volume, when compared against its performance in the past 7 days, while its price fluctuated by 9%.
The total market capitalization of Crypto Raiders during the past 7-day oscillated between $1 470 356, the starting point that was established on February 25, and $1 144 234 on March 3, the end date of the reviewed period. The rate of percentage change for the last week for RAIDER was 22%. The price of the coin changed by 9% on the back of the 22% shift in its total market capitalization. In the preceding week, February 18 - February 24, the market capitalization of Crypto Raiders got a 23% adjustment ($2 046 926 to $1 579 650) in comparison to a 22% change last week; this allows getting a deeper insight into the market structure.