Down by 1% : The Cryptorg Token market saw some bearish action last week (January 4 - January 10).
The downward movement of the Cryptorg Token price last week indicates the chosen market is bullish. The price swings of CTG pointed to the presence of low 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.
The volatility is low on the Cryptorg Token market, as the latest data suggests. The average volatility of CTG was capped at 0.12%, leading to weak fluctuations in the price of Cryptorg Token. 4.76% was the maximum volatility that the coin managed to showcase on January 8. On January 9, the asset didn't make any noticeable price movements as its volatility dropped to the lowest level at 0.12%. The low volatility of 0.12% means that the crypto coin is weak and incapable of any sizable price swings.
On January 4, the Cryptorg Token market opened at $0.07, preceded by a period of bullish action. CTG made a 4% step in an upward direction during the first daily trading session that took place on January 4. On January 5 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 1% to the downside, having established the low for the reviewed time frame at $0.07, while the high was recorded at $0.07. On January 8, CTG market moved by 3% in the bearish direction in concert with the trading volume. On January 8, Cryptorg Token finished the trading day with no changes to the flatlined market. The activity on the crypto coin's market on January 9 resulted in the asset being traded between $0.07, the open of the day, and $0.07, the close of the day; at some point, the price spiked to the daily high at $0.07 and briefly dropped to the daily low at $0.06. On the last day of the reviewed period, the coin was locked between $0.07 and $0.07, though the price managed to puncture these levels to reach the 24H high at $0.07 and the 24H low at $0.07. The asset posted the weekly low at $0.06, while the top of the weekly trading session was registered at $0.07. The difference between the lowest and the highest price points for the week was 1%, as the price moved in the $0.0006 wide corridor.
In the period January 4 - January 10, the trading volume of Cryptorg Token went from $4 605 on the first day of the reviewed period to $16 922 on the closing day. To understand a bigger picture, we need to match the numbers from last week with the week before that, when the CTG market had its volume ranging between $463 and $36 819. The 26% trading volume fluctuation between January 4 and January 10, as compared with the previous period, served as a basis for a 1% price move.
CTG 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. Cryptorg Token market capitalization from the week before experienced no change, as a result there were no price fluctuations.