A 86% price appreciation seen on the market between August 28 and September 3.

The bullish behavior of last week was characterized by the occurrence of upswings. The volatility associated with the FOREX market was high, as were its price fluctuations. The asset saw its market capitalization growing over the reviewed period together with its price. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.

We have established that the average volatility of was at 46% in concert with its rapid price change. The peak of the asset's volatility fell on August 28 after it went all the way to 46%. On September 3, the coin's volatility was at its minimum level of 0.67%. When the volatility goes as high as 46%, the FOREX market tends to be erratic and hard to predict.

The first day of price action was marked by the 1% move to the upside from the point where the trading session opened. The market sentiment on August 29 stayed bearish as the coin obtained another 3%. The price range of formed between $0.021 and $0.025 on August 30 as the price traveled 6% up. FOREX ’s performance during August 31 was the following: the price declined by 1% in conjunction with the acceptable trading volume. finalized the trading day of September 1 at $0.02 after opening it at $0.02, though the price broke through that corridor to hit the 24H high at $0.023 and the 24H low at $0.021. While the 24H high and low on September 2 were at $0.03 and $0.02, respectively, the crypto coin had been traded in the area between the open at $0.02 and the close at $0.03. September 3 presented us with the following price action data: the coin opened the period at $0.03 and went on to establish the low at $0.03 and the high of the day at $0.04 before closing the day at $0.04. The asset posted the weekly low at $0.02, while the top of the weekly trading session was registered at $0.04. As a result of price action within the designated time period, the price movement range on the market was established at $0.02 or 86% between the weekly low and the weekly high.

As for the average trading volume in the time slot between August 28 and September 3, the market registered the change from $21 604 to $270 191. In order to have a better grasp of the FOREX 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 $26 708 to $224 921. The 37% 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 86%.

The total market capitalization of during the past 7-day oscillated between $1 948 833, the starting point that was established on August 28, and $2 945 614 on September 3, the end date of the reviewed period. When translated to percentage rate, the market capitalization of FOREX over the past week adjusted by 51%. The 51% change in the coin's market capitalization affected the price rate that saw a 86% shift in the same time period. The comparison with the market capitalization seen during the time period August 21 - August 27 that occurred before the observed one, which changed by 3%, from $1 961 579 to $1 910 917, allows us to get a clearer understanding of current market conditions.

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Article date: September 3 | August 28 - September 3

Market reviews for similar coins for August 28 - September 3