The torpid JUST had its price rise only by 1% last week (October 25 - October 31).
The price of JUST was rising last from October 25 until October 31, giving enough reason to conclude that the market is bullish. The volatility associated with the JST market was low, as were its price fluctuations. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The price action of the crypto coin from last week stemmed from the increasing trading volume.
The analysis of events on the JUST market shows that the cryptocurrency under review is experiencing a period of low volatility. With the average volatility being as low as 0.08%, JST was incapable of making any sizable price swings. The most significant price swings occurred on October 29, when the volatility of the coin was at its highest for the given period at 4.84%. The weakest volatility level of 0.08% on the asset's market was registered on October 30. The low volatility of 0.08% means that the crypto coin is weak and incapable of any sizable price swings.
There were no gains or losses to the JST market on October 25, it remained flat. On October 26 the coin market stayed neutral, with no changes in the price. JUST posted the interim low at $0.029 on October 27 and then moved up by 1% and peaked at $0.029. The trading volume on October 28 rendered support to the 4% bullish move of JST. The price range of JUST on October 29 formed between $0.03 and $0.03, whereas the daily price extremities were $0.03 and $0.03. The trading period on October 30 saw the crypto coin forming the price amplitude between the open at $0.03 and the close at $0.03, also interacting with $0.03 (24H low) and $0.03 (24H high). The coin found the deepest trough (24H low) at $0.028 on October 31 and then exploded to the ceiling (24H high) at $0.029; the price range for that day was between $0.03 and $0.03. During the reviewed time period, the asset was able to achieve the weekly high at $0.03, though at a certain point, the bear pressurized the price down to the weekly low at $0.03. The price action on the weekly time frame made JUST within the 1% range from its weekly low to the weekly high, while the oscillation amplitude between these price points amounted to $0.0003.
Over the period of the last 7 days, October 25 to October 31, JUST saw its average trading volume fluctuate between $48 695 152 and $42 614 564. Over the week that came before the analyzed time span, the average trading volume of JST ranged between $31 639 728 and $218 462 243. The 54% trading volume fluctuation between October 25 and October 31, as compared with the previous period, served as a basis for a 1% price move.
The past week saw the market capitalization of JUST making a shift from $250 630 749 on October 25 to $260 080 384 on October 31, the peak for the analyzed period. The rate of percentage change for the last week for JST was 4%. When compared to the price fluctuations during the observed period of time, the 4% market capitalization movement was accompanied by a 1% change in the price of the coin. During the week before the analyzed time frame, the market capitalization of JUST moved by 4% as it went from $242 691 579 to $252 109 889, and gave a better understanding of the general direction in which this market is flowing.