Keep Network market stayed flat from March 24 - March 30.
Keep Network portrayed neutral behavior last week, with no changes in the price. The volatility of KEEP has been medium throughout the reviewed period in correspondence with the price action. The market capitalization of the asset has been decreasing in concert with the price of the coin. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
The situation on the Keep Network market allows us to characterise its volatility as mild. During the reviewed period, the volatility of KEEP was in the middle register, averaging at 5%. The volatility of the coin reached its highest point at 6.65% during the observed period. The asset saw its volatility drop to the lowest level for the given period on March 28 as it shrank to 0.24%. The bulls and the bears appear to be remaining in deadlock as the average volatility of the crypto coin was no higher than 5%.
On March 24, the Keep Network market opened at $0.2, preceded by a period of neutral action. The price of KEEP took a 4% down downswing at the open of the weekly trading period. The 1% move in the upward direction took place on the second day after the weekly open. During the following trading period on March 26, the price of Keep Network oscillated between the low at $0.19 and the high at $0.2, while the price moved up by 3%. The trading volume on March 27 rendered support to the 7% bearish move of KEEP. The price range of Keep Network on March 28 formed between $0.19 and $0.19, whereas the daily price extremities were $0.19 and $0.19. The activity on the crypto coin's market on March 29 resulted in the asset being traded between $0.19, the open of the day, and $0.2, the close of the day; at some point, the price spiked to the daily high at $0.2 and briefly dropped to the daily low at $0.19. On the last day of the reviewed period, the coin was locked between $0.2 and $0.19, though the price managed to puncture these levels to reach the 24H high at $0.2 and the 24H low at $0.19. Throughout the reviewed time period, no changes were observed on the asset's market. There was no difference between the lowest and highest price points for the observed week, with the Keep Network market flatlining.
Over the period of the last 7 days, March 24 to March 30, Keep Network saw its average trading volume fluctuate between $28 014 and $39 233. We can draw the comparison with the period of 7 days that preceded the reviewed one when KEEP ’s trading volume varied from $43 709 to $174 134. We can draw a parallel between the change in trading volume in the previous 7 days, which constituted 57%, and the 0% price shift.
Keep Network had its total market capitalization change from $110 290 537 on March 24 to $107 721 868 on March 30, the end of the examined time frame. The percentage change in the total market capitalization of KEEP amounted to 2%. The 2% change in the coin's market capitalization affected the price rate that saw a 0% shift in the same time period. A more precise analysis of the Keep Network market also requires a comparison with the change in market capitalization from the week before, which amounted to 0% on the back of the move from $108 573 157 to $108 560 907.