Red clouds gathered above the DeBio Network market last week (December 27 - January 2) as the price went down by 7%.
DeBio Network has been bearish last week as its price has been predominantly falling. The price swings of DBIO pointed to the presence of medium 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.
While the volatility remains restrained, DeBio Network isn't making any explosive moves. We established that DBIO didn't showcase any significant price action due to the market's mild average volatility of 5%. The volatility of the coin reached its highest point at 6.08% during the observed period. 0.77% was the rock bottom for the asset's volatility that was reached on December 31. The crypto coin's market didn't put up any surprises due to mild average volatility of 5%.
The first day of price action was marked by the 2% move to the downside from the point where the trading session opened. The 1% move in the downward direction took place on the second day after the weekly open. On December 29, the market was moving to the downside as DeBio Network went 6% down from the low at $0.00054 to the high at $0.00058. DBIO ’s performance during December 30 was the following: the price declined by 2% in conjunction with the acceptable trading volume. DeBio Network finalized the trading day of December 31 at $0.0005 after opening it at $0.0005, though the price broke through that corridor to hit the 24H high at $0.00053 and the 24H low at $0.00052. The trading period on January 1 saw the crypto coin forming the price amplitude between the open at $0.0005 and the close at $0.0005, also interacting with $0.00051 (24H low) and $0.00051 (24H high). The coin found the deepest trough (24H low) at $0.00052 on January 2 and then exploded to the ceiling (24H high) at $0.00054; the price range for that day was between $0.0005 and $0.0005. Over the course of all trading sessions, the asset established the weekly low at $0.00051 while buyers managed to push the price up to the weekly high at $0.0006. DeBio Network shaped the $0.00004 price range over the week of price action, which constituted the 7% gap between the weekly low and the weekly high.
In the period December 27 - January 2, the trading volume of DeBio Network went from $170 on the first day of the reviewed period to $8.81 on the closing day. Over the week that came before the analyzed time span, the average trading volume of DBIO ranged between $0.67 and $150. We can draw a parallel between the change in trading volume in the previous 7 days, which constituted 61%, and the 7% price shift.
DBIO 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. DeBio Network market capitalization from the week before experienced no change, as a result there were no price fluctuations.