ECIO Space slid down by 5% last week (December 22 - December 28) as the sellers pushed back.
The downward movement of the ECIO Space price last week indicates the chosen market is bearish. ECIO has been going through a period of medium volatility, which fell in line with the occurred price changes. 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 situation on the ECIO Space market allows us to characterise its volatility as mild. During the reviewed period, the volatility of ECIO was in the middle register, averaging at 8%. The coin has hit the highest point of volatility on December 22. On December 26, the volatility of the asset was at its minimum at 0%. Due to the fact that the crypto coin has been modestly volatile, the market is unlikely to demonstrate any aggressive price swings.
On December 22, the first trading session of the reviewed time period, the market participants saw ECIO moving down by 6%. The coin market was up by 7% on December 23, the second day of the reviewed time period. The price range of ECIO Space formed between $0.00006 and $0.00006 on December 24 as the price traveled 6% down. On December 25, the value of ECIO was in the range, with the market remaining flat. After the open at $0.00006, ECIO Space moved during December 26 in the range between the said open and the close at $0.00006, having posted the 24H low at $0.00006 and the 24H high at $0.00006. No changes were observed on the crypto coin's market on December 27. On the last day of the reviewed period, the coin was locked between $0.00006 and $0.00006, though the price managed to puncture these levels to reach the 24H high at $0.00006 and the 24H low at $0.00006. $0.00006 was the bottom of price action for the week, though the price went to the high extreme at $0.00006 over the same time period. Traders saw ECIO Space covering the $0.000003 distance between the weekly low and the weekly high, which constituted for a 5% move.
The trading activity on the ECIO Space market over the past week - December 22 to December 28 - generated the average trading volume that went from $18 603 to $18 142. A more comprehensive analysis of ECIO price action requires the comparison of the trading volume between December 22 and December 28 with that from the preceding week that demonstrated how the trading volume fluctuated between $16 227 and $18 498. The 4% 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 5%.
ECIO 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. ECIO Space market capitalization from the week before experienced no change, as a result there were no price fluctuations.