Last week’s (November 16 - November 22) irresolute ICON : the price moved up no more than 5%.

The analysis of last week’s price action shows that the ICON market is in the phase since the price has been moving upward. The volatility associated with the ICX market was low, as were its price fluctuations. 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.

ICON is experiencing low volatility, as confirmed by our comprehensive analysis. Our data shows that the average volatility of ICX didn't exceed 0.24%, which is why its price remained constrained. The peak of the coin's volatility for the given time period was reached on November 20 when this parameter went as low as 4.71%. The asset experienced the period of lowest volatility on November 21 when it fell to 0.24%. The low volatility of 0.24% means that the crypto coin is weak and incapable of any sizable price swings.

The losses of ICX after the weekly open on November 16 amounted to 2%. On November 17 the coin market stayed neutral, with no changes in the price. The cautious traders dominated the price action on November 18, with the ICON market remaining flat. The ICX market was up as the price shifted by 5% on November 19, against the backdrop of the sufficient trading volume. November 20 kicked off with ICON trading opening at $0.16 and then closing the session at $0.16, establishing the 24H low at $0.161 and 24H high at $0.166 in the process. The price action on November 21 saw the crypto coin moving along the following route: starting point at $0.16 and closing point at $0.16, while it also deviated to establish the high of the day at $0.16 and the low of the day at $0.15. The coin found the deepest trough (24H low) at $0.16 on November 22 and then exploded to the ceiling (24H high) at $0.17; the price range for that day was between $0.16 and $0.16. $0.15 was the bottom of price action for the week, though the price went to the high extreme at $0.17 over the same time period. Traders saw ICON covering the $0.007 distance between the weekly low and the weekly high, which constituted for a 5% move.

As for the average trading volume in the time slot between November 16 and November 22, the ICON market registered the change from $5 405 399 to $9 382 470. Over the week that came before the analyzed time span, the average trading volume of ICX ranged between $4 571 116 and $23 554 720. The 41% trading volume fluctuation between November 16 and November 22, as compared with the previous period, served as a basis for a 5% price move.

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

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Article date: November 22 | November 16 - 22

Market reviews for similar coins for November 16 - 22