Gravity Finance lost 9% in the period February 18 - February 24 as a result of selling pressure.

Between February 18 - February 24, Gravity Finance has been mostly as its price has been in the falling mode. The volatility of GFI has been medium throughout the reviewed period in correspondence with the price action. The asset saw its market capitalization falling over the reviewed period together with its price. The price action of the crypto coin last week took place on the back of decreased trading volume.

While the volatility remains restrained, Gravity Finance isn't making any explosive moves. The average volatility of 15% was the reason why the price of GFI didn't put up any significant gains. The most significant volatility occurred on February 18 and reached 14.83%. The asset's volatility was at its lowest on February 22 when it dropped to 0.12%. The crypto coin's market didn't put up any surprises due to mild average volatility of 15%.

Gravity Finance began the day on February 18 at $0.02, while the broad background was neutral. GFI made a 15% step in an upward direction during the first daily trading session that took place on February 18. The coin market was down by 2% on February 19, the second day of the reviewed time period. Gravity Finance posted the interim low at $0.02 on February 20 and then moved up by 3% and peaked at $0.02. The next trading session was characterized by more price action (as GFI made a 13% move) on the back of the consistent trading volume. Gravity Finance finalized the trading day of February 22 at $0.02 after opening it at $0.02, though the price broke through that corridor to hit the 24H high at $0.019 and the 24H low at $0.017. The activity on the crypto coin's market on February 23 resulted in the asset being traded between $0.02, the open of the day, and $0.02, the close of the day; at some point, the price spiked to the daily high at $0.018 and briefly dropped to the daily low at $0.017. The coin's market saw no changes on February 24, as the market flatlined. The asset posted the weekly low at $0.02, while the top of the weekly trading session was registered at $0.02. As a result of price action within the designated time period, the price movement range on the Gravity Finance market was established at $0.002 or 9% between the weekly low and the weekly high.

The trading activity on the Gravity Finance market over the past week - February 18 to February 24 - generated the average trading volume that went from $55 142 to $20 101. In order to have a better grasp of the GFI 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 $20 646 to $220 274. The asset demonstrated an 57% change in trading volume, when compared against its performance in the past 7 days, while its price fluctuated by 9%.

The past week saw the market capitalization of Gravity Finance making a shift from $18 781 967 on February 18 to $18 521 756 on February 24, the peak for the analyzed period. GFI experienced a 1% change in total market capitalization throughout the past seven days. While the market capitalization of the coin was altered by 1%, its price has made a 9% change. In the preceding week, February 11 - February 17, the market capitalization of Gravity Finance got a 1% adjustment ($19 071 531 to $18 904 657) in comparison to a 1% change last week; this allows getting a deeper insight into the market structure.

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Article date: February 24 | February 18 - 24

Market reviews for similar coins for February 18 - 24