January 11 - January 17 market watch: Leonidas Token goes up by 120% as buying pressure persists.
The behavior of Leonidas Token last week was characterized by the occurrence of upswings. The situation on the LEONIDAS market shows that the underlying asset is currently experiencing a period of high volatility. The asset saw its market capitalization falling over the reviewed period together with its price. The price action of the crypto coin last week took place on the back of decreased trading volume.
During the reported period, Leonidas Token has been swinging for the fences, which resulted in an average volatility of 57.14% for the given period. The highest volatility was recorded on January 11 - it amounted to 57.14%. The quietest period on the coin's market happened on January 17 as the volatility failed to surpass the 0% mark. 57.14% is too high a volatility for the LEONIDAS market to be considered stable and easily predictable.
The were dictating the terms on the Leonidas Token market on January 11 - the trading session opened at $0.000009. On January 12 the coin market stayed neutral, with no changes in the price. The cautious traders dominated the price action on January 13, with the Leonidas Token market remaining flat. LEONIDAS ’s performance during January 14 was the following: the price increased by 40% in conjunction with the acceptable trading volume. On January 15, Leonidas Token finished the trading day with no changes to the flatlined market. No changes were observed on the crypto coin's market on January 16. As for the occurrences on January 17, the price of the coin bottomed at $0.000008 and peaked at $0.00001, while its daily range formed between $0.000008 and $0.00001. $0.000005 was the bottom of price action for the week, though the price went to the high extreme at $0.00001 over the same time period. The price action on the weekly time frame made Leonidas Token within the 120% range from its weekly low to the weekly high, while the oscillation amplitude between these price points amounted to $0.000006.
In the period January 11 - January 17, the trading volume of Leonidas Token went from $1.7 on the first day of the reviewed period to $0.36 on the closing day. We can draw the comparison with the period of 7 days that preceded the reviewed one when LEONIDAS ’s trading volume varied from $0.07 to $11.66. The 80% change in trading volume in the asset's market, compared to last week, supported the price movement that allowed the cryptocurrency to alter its value by 120%.
The total market capitalization of Leonidas Token during the past 7-day oscillated between $687, the starting point that was established on January 11, and $540 on January 17, the end date of the reviewed period. The rate of percentage change for the last week for LEONIDAS was 21%. The 21% change in the coin's market capitalization affected the price rate that saw a 120% shift in the same time period. A more precise analysis of the Leonidas Token market also requires a comparison with the change in market capitalization from the week before, which amounted to 183% on the back of the move from $311 to $879.