Coins
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ICON
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2022-11-01

ICON market stayed flat from October 26 - November 1.

ICON portrayed neutral behavior last week, with no changes in the price. The volatility associated with the ICX market was low, as were its price fluctuations. 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.

ICON is experiencing low volatility, as confirmed by our comprehensive analysis. With the average volatility being as low as 0%, ICX was incapable of making any sizable price swings. Despite the overall weak performance, the volatility of the coin had its highest point at 3.88%. The calmest period on the asset's market was registered on October 31, when the volatility failed to exceed 0%. The low volatility of 0% means that the crypto coin is weak and incapable of any sizable price swings.

The trading session on October 26 started with ICON opening at $0.23 on the backdrop of neutral sentiment throughout the market. On October 26, the first trading session of the reviewed time period, the market participants saw ICX moving up by 1%. On October 27 the coin market stayed neutral, with no changes in the price. On October 28, the market was moving to the downside as ICON went 1% down from the low at $0.22 to the high at $0.23. ICX ’s performance during October 29 was the following: the price increased by 3% in conjunction with the acceptable trading volume. After the open at $0.24, ICON moved during October 30 in the range between the said open and the close at $0.24, having posted the 24H low at $0.234 and the 24H high at $0.24. While the 24H high and low on October 31 were at $0.24 and $0.23, respectively, the crypto coin had been traded in the area between the open at $0.23 and the close at $0.23. The coin's market saw no changes on November 1, as the market flatlined. Throughout the reviewed time period, no changes were observed on the asset's market. There was no difference between the lowest and highest price points for the observed week, with the ICON market flatlining.

Over the period of the last 7 days, October 26 to November 1, ICON saw its average trading volume fluctuate between $6 380 581 and $6 000 981. In order to have a better grasp of the ICX 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 $2 645 484 to $63 010 331. We can draw a parallel between the change in trading volume in the previous 7 days, which constituted 42%, and the 0% price shift.

ICON had its total market capitalization change from $200 745 151 on October 26 to $208 222 429 on November 1, the end of the examined time frame. The percentage change in the total market capitalization of ICX amounted to 4%. When compared to the price fluctuations during the observed period of time, the 4% market capitalization movement was accompanied by a 0% change in the price of the coin. ICON ’s market capitalization from the week before changed by 2%, as the result of fluctuation between $197 580 012 and $200 745 151, to give a clearer vision of the current state of the market.

Price
Volatility
Capitalization
Volume
Thu 27Sat 29Mon 31NovemberThu 27Sat 29Mon 31November0.2280.2300.2320.2340.2360.2380.2280.2300.2320.2340.2360.238
Article date: November 1 | October 26 - November 1

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