Slightly bearish : traders witnessed JUST moving down 1% from October 30 till November 5.

The downward movement of the JUST price last week indicates the chosen market is. JST was caught in a period of low volatility, which was reflected in its price action. There has been a fall in the market capitalization of the asset during the period under review. The price action of the crypto coin last week took place on the back of decreased trading volume.

According to our market analysis, the weak price movement of JUST was dictated by low volatility. The insignificant movement of the JST market came as the result of low average volatility that amounted to 0.28%. The maximum volatility of the coin stood at 4.4% in the analyzed time frame. The price action on the asset's market was the weakest on November 4 when the volatility was at 0.28%, the minimum for the given period of time. The unimpressive volatility of 0.28% showcases the overall weakness of the crypto coin.

The first day of price action was marked by the 1% move to the downside from the point where the trading session opened. The market sentiment on October 31 stayed as the coin obtained another 2%. During the next trading day, the rate of change in the price of JUST stood at 1% having reached the low at $0.029 and the high at $0.029 as the advantage remained on the side of buyers. Over the next trading period (on November 2), JST was moving down by 4% on the back of a congruous trading volume. The developments on the JUST market on November 3 started with the price opening at $0.03 and subsequently moving to $0.03, the close of the day, while dropping to the 24H low at $0.027 and spiking to the 24H high at $0.027. While the 24H high and low on November 4 were at $0.029 and $0.028, respectively, the crypto coin had been traded in the area between the open at $0.03 and the close at $0.03. The coin's market saw no changes on November 5, as the market flatlined. The highest point of the price action over the week was at $0.03 - the weekly low during the same period was established 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 $0.0002.

JUST ’s average trading volume on the opening day of the observed time period, October 30, stood at $32 805 739, while on the closing day of the same period, it moved to $36 902 502. A more comprehensive analysis of JST price action requires the comparison of the trading volume between October 30 and November 5 with that from the preceding week that demonstrated how the trading volume fluctuated between $24 001 690 and $48 695 152. We can draw a parallel between the change in trading volume in the previous 7 days, which constituted 5%, and the 1% price shift.

The total capitalization of Bitcoin at the start of the analyzed time period (October 30) amounted to $265 218 673; by the end of that period (November 5), the capitalization went to $261 103 198. The percentage change in the total market capitalization of JST amounted to 2%. While the market capitalization of the coin was altered by 2%, its price has made a 1% change. In the preceding week, October 23 - October 29, the market capitalization of JUST got a 5% adjustment ($256 707 937 to $269 447 822) in comparison to a 2% change last week; this allows getting a deeper insight into the market structure.

Mon 31NovemberThu 03Sat 05Mon 31NovemberThu 03Sat 050.02800.02850.02900.02800.02850.0290
Article date: November 5 | October 30 - November 5

Market reviews for similar coins for October 30 - November 5