Coins
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HashBit
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2022-11-19

November 13 - November 19 market watch: HashBit goes up by 96% as buying pressure persists.

HashBit has been bullish last week as its price has been predominantly rising. The volatility of HBIT has been high throughout the reviewed period in correspondence with the price action. 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.

Due to the active price action, the average volatility of HashBit jumped to 57.14%. November 13 was the day when the asset was the most volatile, with the volatility going as high as 57.14%. The coin saw its volatility drop to a minimum at 0% on November 19. 57.14% is too high a volatility for the HBIT market to be considered stable and easily predictable.

HBIT made a 22% step in an upward direction during the first daily trading session that took place on November 13. On November 14 the coin market stayed neutral, with no changes in the price. The cautious traders dominated the price action on November 15, with the HashBit market remaining flat. The next trading session was characterized by more bullish price action (as HBIT made a 44% move) on the back of the consistent trading volume. HashBit finalized the trading day of November 17 at $0.00003 after opening it at $0.00002, though the price broke through that corridor to hit the 24H high at $0.00003 and the 24H low at $0.00002. The activity on the crypto coin's market on November 18 resulted in the asset being traded between $0.00003, the open of the day, and $0.00003, the close of the day; at some point, the price spiked to the daily high at $0.00003 and briefly dropped to the daily low at $0.00003. The coin found the deepest trough (24H low) at $0.00002 on November 19 and then exploded to the ceiling (24H high) at $0.00006; the price range for that day was between $0.00002 and $0.00006. During the reviewed time period, the asset was able to achieve the weekly high at $0.00006, though at a certain point, the bear pressurized the price down to the weekly low at $0.00002. The price action on the weekly time frame made HashBit within the 96% range from its weekly low to the weekly high, while the oscillation amplitude between these price points amounted to $0.00003.

In the period November 13 - November 19, the trading volume of HashBit went from $451 206 on the first day of the reviewed period to $633 496 on the closing day. During the week before November 13, the trading volume of HBIT flowed from $357 397 to $967 705. The asset demonstrated an 22% change in trading volume, when compared against its performance in the past 7 days, while its price fluctuated by 96%.

HBIT 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. HashBit market capitalization from the week before experienced no change, as a result there were no price fluctuations.

Price
Volatility
Capitalization
Volume
Nov 13Tue 15Thu 17Sat 19Nov 13Tue 15Thu 17Sat 190.0000200.0000250.0000300.0000350.0000400.0000450.0000500.0000550.0000200.0000250.0000300.0000350.0000400.0000450.0000500.000055
Article date: November 19 | November 13 - 19

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