The capitulation of February 23 - March 1 : Kala experienced a 11% dive.

The price of Kala was falling last from February 23 until March 1, giving enough reason to conclude that the market is bearish. The volatility associated with the KALA market was medium, 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.

The price action of Kala has been contained due to modest volatility. The market analysis reveals that the mild average volatility of 10% restrained KALA 's price swings. The coin was the most volatile on February 23, when the range of its price fluctuations reached 11.11%. The price of the asset had fluctuated the least on February 27, when the volatility plummeted to 0.5%. Since the volatility of 10% can be deemed as mild, the crypto coin's market can be characterised as composed.

While the overall situation on the Kala market was bearish, the trading session on February 23 kicked off at the $0.0002 price level. There were no gains or losses to the KALA market on February 23, it remained flat. On February 24, the price of the coin has shifted by 8% from the daily open on the back of a good trading volume. During the next trading day, the rate of change in the price of Kala stood at 1% having reached the low at $0.00022 and the high at $0.00023 as the advantage remained on the side of sellers. On February 27, KALA market moved by 3% in the bearish direction in concert with the trading volume. The price range of Kala on February 27 formed between $0.0002 and $0.0002, whereas the daily price extremities were $0.0002 and $0.00022. On February 28, the crypto coin showcased the following price fluctuations: the trading session began at $0.0002 and then traveled from the low of the day at $0.0002 to the high of the day at $0.0002, closing at $0.0002. Most trading activity on March 1 occurred in the space between $0.0002 and $0.0002; during this time span, the immediate selling pressure forced the coin to drop to the 24H low at $0.0002, though the bulls had also staged the rally to the 24H high at $0.0002. The price action on the asset's market during the period between February 23 and March 1 topped at $0.0002, while the bottom of the price range was established at $0.0002. The price action on the weekly time frame made Kala within the 11% range from its weekly low to the weekly high, while the oscillation amplitude between these price points amounted to $0.00002.

The trading activity on the Kala market over the past week - February 23 to March 1 - generated the average trading volume that went from $116 to $413. To understand a bigger picture, we need to match the numbers from last week with the week before that, when the KALA market had its volume ranging between $57.74 and $862. The 6% trading volume fluctuation between February 23 and March 1, as compared with the previous period, served as a basis for a 11% price move.

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

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Article date: March 1 | February 23 - March 1

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