KaraStar market outlook from January 4 - January 10 :the price surges by 17%.
KaraStar has been bullish last week as its price has been predominantly rising. The price swings of KARA pointed to the presence of medium volatility. 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.
KaraStar has been moving reservedly on the backdrop of average volatility. The market analysis reveals that the mild average volatility of 9% restrained KARA 's price swings. The highest point of the coin's volatility reached 11.54% in the analyzed time frame. The asset saw its volatility drop to the lowest level for the given period on January 8 as it shrank to 0.03%. The mild volatility registered on the crypto coin's market over the said period allows us to expect moderate price movements in both directions without significant breakouts.
On January 4, the KaraStar market opened at $0.004, preceded by a period of bullish action. There were no gains or losses to the KARA market on January 4, it remained flat. The market sentiment on January 5 stayed bearish as the coin obtained another 5%. The cautious traders dominated the price action on January 6, with the KaraStar market remaining flat. KARA ’s performance during January 7 was the following: the price increased by 6% in conjunction with the acceptable trading volume. After the open at $0.004, KaraStar moved during January 8 in the range between the said open and the close at $0.004, having posted the 24H low at $0.0035 and the 24H high at $0.0037. The trading period on January 9 saw the crypto coin forming the price amplitude between the open at $0.004 and the close at $0.004, also interacting with $0.0035 (24H low) and $0.0035 (24H high). January 10 presented us with the following price action data: the coin opened the period at $0.004 and went on to establish the low at $0.004 and the high of the day at $0.004 before closing the day at $0.004. During the reviewed time period, the asset was able to achieve the weekly high at $0.004, though at a certain point, the bear pressurized the price down to the weekly low at $0.003. KaraStar bounced 17% between the low of the week and the peak price for the same time period, ultimately creating a price range of $0.0006.
In the period January 4 - January 10, the trading volume of KaraStar went from $22 749 on the first day of the reviewed period to $29 895 on the closing day. Over the week that came before the analyzed time span, the average trading volume of KARA ranged between $8 741 and $39 975. The average trading volume of the asset fluctuated by 11% by comparison with the previous period, whereas the price change of 17% took place over the same period of time.
KARA 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. KaraStar market capitalization from the week before experienced no change, as a result there were no price fluctuations.