Huobi Token

April 24 - April 30 market wrap: Huobi Token had a slight 2% drop.

Huobi Token has been bearish last week as its price has been predominantly falling. HT was caught in a period of low volatility, which was reflected in its price action. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.

The price action of Huobi Token is in a stalemate due to low volatility during the observed period. The average volatility of HT was as low as 0%, causing the dull price action. The maximum volatility of the coin stood at 3.54% in the analyzed time frame. The calmest period on the asset's market was registered on April 29, when the volatility failed to exceed 0%. Since the current volatility of the crypto coin is low, we expect the price fluctuations of the digital asset at hand to be insignificant.

The bears were dictating the terms on the Huobi Token market on April 24 - the trading session opened at $3.6. During the opening day on April 24, HT has had a 1% move to the downside. On April 25 the coin market stayed neutral, with no changes in the price. During the next trading day, the rate of change in the price of Huobi Token stood at 3% having reached the low at $3.56 and the high at $3.7 as the advantage remained on the side of buyers. Over the next trading period (on April 27), HT was moving down by 1% on the back of a congruous trading volume. On April 28, Huobi Token finished the trading day with no changes to the flatlined market. No changes were observed on the crypto coin's market on April 29. As for the occurrences on April 30, the price of the coin bottomed at $3.5 and peaked at $3.54, while its daily range formed between $3.53 and $3.5. The highest point of the price action over the week was at $3.7 - the weekly low during the same period was established at $3.48. The difference between the lowest and the highest price points for the week was 2%, as the price moved in the $0.07 wide corridor.

The trading activity on the Huobi Token market over the past week - April 24 to April 30 - generated the average trading volume that went from $5 864 110 to $5 477 964. During the week before April 24, the trading volume of HT flowed from $6 479 559 to $9 755 292. We can draw a parallel between the change in trading volume in the previous 7 days, which constituted 11%, and the 2% price shift.

Bitcoin began the observed period April 24 - April 30, with the market capitalization of $582 723 750 and finalized it at the market capitalization level of $571 993 464. HT experienced a 2% change in total market capitalization throughout the past seven days. The price of the coin changed by 2% on the back of the 2% shift in its total market capitalization. A more precise analysis of the Huobi Token market also requires a comparison with the change in market capitalization from the week before, which amounted to 10% on the back of the move from $650 102 185 to $585 054 751.

Tue 25Thu 27Sat 29Tue 25Thu 27Sat 293.503.553.603.653.503.553.603.65
Article date: April 30 | April 24 - 30

Market reviews for similar coins for April 24 - 30