Coins
/
ICON
/
2022-10-29

ICON showed a moderate 10% growth between October 23 and October 29.

The price of ICON was rising last from October 23 until October 29, giving enough reason to conclude that the market is. ICX has been going through a period of medium volatility, which fell in line with the occurred price changes. The market capitalization of the asset has been increasing in concert with the price of the coin. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.

The volatility has been suppressed, as the ICON price action suggests. Given that the average volatility on the ICX market didn't exceed 5%, the price action remained limited. The coin was the most volatile on October 23, when the range of its price fluctuations reached 4.93%. The asset saw its volatility drop to the lowest level for the given period on October 27 as it shrank to 0%. The mild volatility registered on the crypto coin's market over the said period allows us to expect moderate price movements in both directions without significant breakouts.

ICX made a 2% step in an upward direction during the first daily trading session that took place on October 23. October 24 saw the coin going another 1% since the open, supported by the corresponding trading volume. During the next trading day, the rate of change in the price of ICON stood at 5% having reached the low at $0.22 and the high at $0.23 as the advantage remained on the side of buyers. The trading volume on October 26 rendered support to the 1% bullish move of ICX. On October 27, ICON finished the trading day with no changes to the flatlined market. The trading period on October 28 saw the crypto coin forming the price amplitude between the open at $0.23 and the close at $0.23, also interacting with $0.22 (24H low) and $0.22 (24H high). Most trading activity on October 29 occurred in the space between $0.23 and $0.24; during this time span, the immediate selling pressure forced the coin to drop to the 24H low at $0.23, though the bulls had also staged the rally to the 24H high at $0.24. The highest point of the price action over the week was at $0.24 - the weekly low during the same period was established at $0.21. Traders saw ICON covering the $0.02 distance between the weekly low and the weekly high, which constituted for a 10% move.

Over the period of the last 7 days, October 23 to October 29, ICON saw its average trading volume fluctuate between $2 645 484 and $8 770 776. During the week before October 23, the trading volume of ICX flowed from $1 683 565 to $63 010 331. The asset demonstrated an 55% change in trading volume, when compared against its performance in the past 7 days, while its price fluctuated by 10%.

The total capitalization of Bitcoin at the start of the analyzed time period (October 23) amounted to $190 952 864; by the end of that period (October 29), the capitalization went to $205 443 729. 8% was the calculated percentage change for the ICX market over the past week. As a consequence of the 8% fluctuation in its market capitalization, the price of the coin changed by 10%. In the preceding week, October 16 - October 22, the market capitalization of ICON got a 0% adjustment ($190 873 044 to $191 083 448) in comparison to a 8% change last week; this allows getting a deeper insight into the market structure.

Price
Volatility
Capitalization
Volume
Oct 23Tue 25Thu 27Sat 29Oct 23Tue 25Thu 27Sat 290.2200.2250.2300.2350.2400.2200.2250.2300.2350.240
Article date: October 29 | October 23 - 29

Market reviews for similar coins for October 23 - 29