The bullish pressure subsides between March 9 and March 15 as Flow gains only 2%.

Flow has been last week as its price has been predominantly rising. The price swings of FLOW pointed to the presence of medium volatility. The asset saw its market capitalization growing over the reviewed period together with its price. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.

The unfolding situation in the Flow market suggests that the reviewed digital asset is in the stage of mild volatility. The market analysis reveals that the mild average volatility of 10% restrained FLOW 's price swings. The coin has hit the highest point of volatility on March 9. The asset's volatility was at its lowest on March 13 when it dropped to 1.07%. The crypto coin's market didn't put up any surprises due to mild average volatility of 10%.

The were dictating the terms on the Flow market on March 9 - the trading session opened at $0.97. The losses of FLOW after the weekly open on March 9 amounted to 2%. March 10 saw the coin going another 7% since the open, supported by the corresponding trading volume. The price range of Flow formed between $0.83 and $0.9 on March 11 as the price traveled 1% down. The FLOW market was up as the price shifted by 5% on March 12, against the backdrop of the sufficient trading volume. Flow finalized the trading day of March 13 at $1 after opening it at $0.89, though the price broke through that corridor to hit the 24H high at $1 and the 24H low at $0.89. On March 14, the crypto coin showcased the following price fluctuations: the trading session began at $0.99 and then traveled from the low of the day at $0.97 to the high of the day at $1.07, closing at $1.06. Most trading activity on March 15 occurred in the space between $1.04 and $0.97; during this time span, the immediate selling pressure forced the coin to drop to the 24H low at $0.97, though the bulls had also staged the rally to the 24H high at $1.06. During the reviewed time period, the asset was able to achieve the weekly high at $1.07, though at a certain point, the bear pressurized the price down to the weekly low at $0.83. Flow bounced 2% between the low of the week and the peak price for the same time period, ultimately creating a price range of $0.02.

The past 7 days were marked by a change in average daily trading volume from $20 282 881 on March 9 to $68 637 214 on March 15. Over the week that came before the analyzed time span, the average trading volume of FLOW ranged between $11 804 788 and $31 021 856. We can draw a parallel between the change in trading volume in the previous 7 days, which constituted 47%, and the 2% price shift.

Flow had its total market capitalization change from $984 066 837 on March 9 to $1 082 169 959 on March 15, the end of the examined time frame. The rate of percentage change for the last week for FLOW was 10%. The 10% change in the coin's market capitalization affected the price rate that saw a 2% shift in the same time period. The comparison with the Flow market capitalization seen during the time period March 2 - March 8 that occurred before the observed one, which changed by 15%, from $1 243 141 753 to $1 050 760 635, allows us to get a clearer understanding of current market conditions.

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Article date: March 15 | March 9 - 15

Market reviews for similar coins for March 9 - 15