Buyers kept pushing the Energy8 market to the upside between December 29 and January 4 as the price increased by 9%.
The upward movement of the Energy8 price last week indicates the chosen market is bullish. The price swings of E8 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.
The price action of Energy8 has been contained due to modest volatility. We established that E8 didn't showcase any significant price action due to the market's mild average volatility of 14%. The coin has hit the highest point of volatility on December 29. The asset's volatility was at its lowest on January 2 when it dropped to 0.56%. Due to the fact that the crypto coin has been modestly volatile, the market is unlikely to demonstrate any aggressive price swings.
There were no gains or losses to the E8 market on December 29, it remained flat. The price action of the coin remained on December 30 as the pushed the price down by 1%. During the next trading day, the rate of change in the price of Energy8 stood at 2% having reached the low at $0.00000000192 and the high at $0.00000000196 as the advantage remained on the side of sellers. On January 1, the value of E8 was in the range, with the market remaining flat. The price oscillation of Energy8 on January 2 was in the $0.000000002 - $0.000000002 range; at the same time, the price stretched out to reach the 24H low at $0.0000000018 and the 24H high at $0.0000000019. On January 3, the crypto coin showcased the following price fluctuations: the trading session began at $0.000000002 and then traveled from the low of the day at $0.000000002 to the high of the day at $0.000000002, closing at $0.000000002. Between the 24H high at $0.0000000022 and the 24H low at $0.0000000021, the coin was traded in the $0.000000002 - $0.000000002 price corridor. The asset posted the weekly low at $0.000000002, while the top of the weekly trading session was registered at $0.000000002. The difference between the lowest and the highest price points for the week was 9%, as the price moved in the $0.0000000002 wide corridor.
As for the average trading volume in the time slot between December 29 and January 4, the Energy8 market registered the change from $115 to $836. In order to have a better grasp of the E8 market, it’s necessary to compare the stats from the analyzed period with those from the week before, when the trading volume had gone from $0.71 to $142. The 681% trading volume fluctuation between December 29 and January 4, as compared with the previous period, served as a basis for a 9% price move.
E8 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. Energy8 market capitalization from the week before experienced no change, as a result there were no price fluctuations.