Last week’s (January 7 - January 13) irresolute Fraction : the price moved up no more than 1%.
The upward movement of the Fraction price last week indicates the chosen market is bullish. FRACTION has been going through a period of low 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 analysis of events on the Fraction market shows that the cryptocurrency under review is experiencing a period of low volatility. The average volatility of FRACTION was capped at 0.01%, leading to weak fluctuations in the price of Fraction. The peak of the coin's volatility for the given time period was reached on January 11 when this parameter went as low as 1.54%. The quietest period on the asset's market was recorded on January 11, when the volatility dropped to the minimum at 0.01%. The crypto coin's low volatility of 0.01% points to the weakness of all market participants.
FRACTION made a 1% step in an upward direction during the first daily trading session that took place on January 7. The market sentiment on January 8 stayed as the coin obtained another 1%. The cautious traders dominated the price action on January 9, with the Fraction market remaining flat. On January 10, the value of FRACTION was in the range, with the market remaining flat. On January 11, Fraction finished the trading day with no changes to the flatlined market. The activity on the crypto coin's market on January 12 resulted in the asset being traded between $22 054, the open of the day, and $21 931, the close of the day; at some point, the price spiked to the daily high at $22 257 and briefly dropped to the daily low at $21 931. The coin found the deepest trough (24H low) at $21 986 on January 13 and then exploded to the ceiling (24H high) at $22 379; the price range for that day was between $22 125 and $22 270. The price action on the asset's market during the period between January 7 and January 13 topped at $22 379, while the bottom of the price range was established at $21 861. The price action on the weekly time frame made Fraction within the 1% range from its weekly low to the weekly high, while the oscillation amplitude between these price points amounted to $223.
Fraction ’s average trading volume on the opening day of the observed time period, January 7, stood at $6.17, while on the closing day of the same period, it moved to $0.88. Over the week that came before the analyzed time span, the average trading volume of FRACTION ranged between $0.02 and $7.88. The 0% 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 1%.
FRACTION 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. Fraction market capitalization from the week before experienced no change, as a result there were no price fluctuations.