Flow retraces by 3% in the period February 24 - March 2 as the market turns slightly bearish.

The downward movement of the Flow price last week indicates the chosen market is. The volatility associated with the FLOW market was low, as were its price fluctuations. There has been a fall in the market capitalization of the asset during the period under review. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.

The volatility is low on the Flow market, as the latest data suggests. The insignificant movement of the FLOW market came as the result of low average volatility that amounted to 0%. The most significant price swings occurred on February 28, when the volatility of the coin was at its highest for the given period at 4.09%. The quietest period on the asset's market was recorded on February 28, when the volatility dropped to the minimum at 0%. The volatility of 0% is too low for the crypto coin to engage in any attention-worthy price action.

Flow began the day on February 24 at $1.22, while the broad background was neutral. The first day of price action was marked by the 4% move to the downside from the point where the trading session opened. The price action of the coin remained on February 25 as the pushed the price up by 3%. During the next trading day, the rate of change in the price of Flow stood at 2% having reached the low at $1.17 and the high at $1.22 as the advantage remained on the side of buyers. FLOW ’s performance during February 27 was the following: the price declined by 2% in conjunction with the acceptable trading volume. On February 28, Flow finished the trading day with no changes to the flatlined market. The price action on March 1 saw the crypto coin moving along the following route: starting point at $1.19 and closing point at $1.18, while it also deviated to establish the high of the day at $1.2 and the low of the day at $1.15. The coin found the deepest trough (24H low) at $1.12 on March 2 and then exploded to the ceiling (24H high) at $1.21; the price range for that day was between $1.18 and $1.14. Over the course of all trading sessions, the asset established the weekly low at $1.12 while buyers managed to push the price up to the weekly high at $1.25. As a result of price action within the designated time period, the price movement range on the Flow market was established at $0.03 or 3% between the weekly low and the weekly high.

As for the average trading volume in the time slot between February 24 and March 2, the Flow market registered the change from $44 119 699 to $22 500 551. To understand a bigger picture, we need to match the numbers from last week with the week before that, when the FLOW market had its volume ranging between $84 373 916 and $196 858 284. Percentage-wise, the trading volume of the asset changed by 69%, in comparison to the previous period, while its price experienced a 3% adjustment.

The change in the total market capitalization of Flow from February 24 to March 2 was as follows: on February 24, the capitalization was at $1 256 623 631, while on March 2, it reached the level of $1 243 141 753. When translated to percentage rate, the market capitalization of FLOW over the past week adjusted by 1%. When compared to the price fluctuations during the observed period of time, the 1% market capitalization movement was accompanied by a 3% change in the price of the coin. In order to get a better grasp of the current state of affairs on the market, it’s important to draw the comparison between the reviewed period and the preceding seven days when the market capitalization ranged between $1 144 313 052 on February 17 and $1 290 726 774 on February 23, which translates to a 13% change.

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Article date: March 2 | February 24 - March 2

Market reviews for similar coins for February 24 - March 2