A 160% price appreciation seen on the Hashtagger market between November 18 and November 24.

The price of Hashtagger was rising last from November 18 until November 24, giving enough reason to conclude that the market is bullish. The price swings of MOOO pointed to the presence of high volatility. The price action on the coin's market translated to the growth of market capitalization. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.

During the reported period, Hashtagger has been swinging for the fences, which resulted in an average volatility of 33.11% for the given period. The highest volatility was recorded on November 18 - it amounted to 33.11%. On November 24, the coin's volatility was at its minimum level of 0.21%. The present volatility of 33.11% renders the MOOO market unstable with the possibility of violent price swings.

On November 18, the first trading session of the reviewed time period, the market participants saw MOOO moving down by 2%. The market sentiment on November 19 stayed bullish as the coin obtained another 20%. Hashtagger posted the interim low at $0.04 on November 20 and then moved up by 16% and peaked at $0.04. The MOOO market was up as the price shifted by 16% on November 21, against the backdrop of the sufficient trading volume. The developments on the Hashtagger market on November 22 started with the price opening at $0.05 and subsequently moving to $0.06, the close of the day, while dropping to the 24H low at $0.05 and spiking to the 24H high at $0.05. The crypto coin opened the trading session on November 23 at $0.06 and finalized it at $0.06; the highest point of price action was at $0.07, the lowest was detected at $0.06. The coin found the deepest trough (24H low) at $0.06 on November 24 and then exploded to the ceiling (24H high) at $0.09; the price range for that day was between $0.06 and $0.08. During the reviewed time period, the asset was able to achieve the weekly high at $0.09, though at a certain point, the bear pressurized the price down to the weekly low at $0.03. As a result of price action within the designated time period, the price movement range on the Hashtagger market was established at $0.05 or 160% between the weekly low and the weekly high.

Hashtagger ’s average trading volume on the opening day of the observed time period, November 18, stood at $6 093, while on the closing day of the same period, it moved to $20 693. We can draw the comparison with the period of 7 days that preceded the reviewed one when MOOO ’s trading volume varied from $5 255 to $18 611. The 106% 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 160%.

The past week saw the market capitalization of Hashtagger making a shift from $58 623 on November 18 to $117 507 on November 24, the peak for the analyzed period. When translated to percentage rate, the market capitalization of MOOO over the past week adjusted by 100%. The price of the coin changed by 160% on the back of the 100% shift in its total market capitalization. A better understanding of the lay of the land on the Hashtagger market requires a comparison with the preceding week when the total market capitalization of Hashtagger changed by 2% as it went from $57 046 to $58 623.

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Article date: November 24 | November 18 - 24

Market reviews for similar coins for November 18 - 24