The torpid Kitty Coin had its price rise only by 1% last week (January 19 - January 25).
Between January 19 - January 25, Kitty Coin has been mostly as its price has been in the rising mode. KITTY was caught in a period of low volatility, which was reflected in its price action. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.
Kitty Coin is experiencing low volatility, as confirmed by our comprehensive analysis. The average volatility of KITTY was capped at 0%, leading to weak fluctuations in the price of Kitty Coin. Despite the overall weak performance, the volatility of the coin had its highest point at 3.91%. The price action on the asset's market was the weakest on January 24 when the volatility was at 0%, the minimum for the given period of time. The unimpressive volatility of 0% showcases the overall weakness of the crypto coin.
Kitty Coin began the day on January 19 at $0.0000000003, while the broad background was neutral. The losses of KITTY after the weekly open on January 19 amounted to 1%. On January 20, the price of the coin has shifted by 3% from the daily open on the back of a good trading volume. During the following trading period on January 21, the price of Kitty Coin oscillated between the low at $0.00000000032 and the high at $0.00000000033, while the price moved up by 2%. On January 22, the value of KITTY was in the range, with the market remaining flat. The price range of Kitty Coin on January 23 formed between $0.0000000003 and $0.0000000003, whereas the daily price extremities were $0.00000000032 and $0.00000000033. The price action on January 24 saw the crypto coin moving along the following route: starting point at $0.0000000003 and closing point at $0.0000000003, while it also deviated to establish the high of the day at $0.00000000033 and the low of the day at $0.00000000032. As for the occurrences on January 25, the price of the coin bottomed at $0.00000000031 and peaked at $0.00000000032, while its daily range formed between $0.0000000003 and $0.0000000003. $0.0000000003 was the bottom of price action for the week, though the price went to the high extreme at $0.00000000033 over the same time period. The price action on the weekly time frame made Kitty Coin within the 1% range from its weekly low to the weekly high, while the oscillation amplitude between these price points amounted to $0.000000000004.
Over the period of the last 7 days, January 19 to January 25, Kitty Coin saw its average trading volume fluctuate between $7.2 and $3.08. To understand a bigger picture, we need to match the numbers from last week with the week before that, when the KITTY market had its volume ranging between $85.96 and $3 354. The average trading volume of the asset fluctuated by 99% by comparison with the previous period, whereas the price change of 1% took place over the same period of time.
Bitcoin began the observed period January 19 - January 25, with the market capitalization of $306 218 and finalized it at the market capitalization level of $322 584. The percentage change in the total market capitalization of KITTY amounted to 5%. The price of the coin changed by 1% on the back of the 5% shift in its total market capitalization. A better understanding of the lay of the land on the Kitty Coin market requires a comparison with the preceding week when the total market capitalization of Kitty Coin changed by 10% as it went from $291 100 to $306 218.