The December 27 - January 2 market report: MDsquare plunges by 20% as sellers apply more pressure.
The price of MDsquare was falling last from December 27 until January 2, giving enough reason to conclude that the market is bearish. TMED has been going through a period of medium volatility, which fell in line with the occurred price changes. 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.
MDsquare has been moving reservedly on the backdrop of average volatility. The average volatility of 17% was the reason why the price of TMED didn't put up any significant gains. The highest point of the coin's volatility reached 20% in the analyzed time frame. The asset saw its volatility drop to the lowest level for the given period on December 31 as it shrank to 0%. The bulls and the bears appear to be remaining in deadlock as the average volatility of the crypto coin was no higher than 17%.
There were no gains or losses to the TMED market on December 27, it remained flat. The coin market was up by 10% on December 28, the second day of the reviewed time period. The cautious traders dominated the price action on December 29, with the MDsquare market remaining flat. The next trading session was characterized by more price action (as TMED made a 9% move) on the back of the consistent trading volume. The price range of MDsquare on December 31 formed between $0.00001 and $0.000009, whereas the daily price extremities were $0.000009 and $0.00001. The activity on the crypto coin's market on January 1 resulted in the asset being traded between $0.000009, the open of the day, and $0.00001, the close of the day; at some point, the price spiked to the daily high at $0.00001 and briefly dropped to the daily low at $0.000009. On the last day of the reviewed period, the coin was locked between $0.000007 and $0.000008, though the price managed to puncture these levels to reach the 24H high at $0.000009 and the 24H low at $0.000007. $0.000007 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 difference between the lowest and the highest price points for the week was 20%, as the price moved in the $0.000002 wide corridor.
Over the period of the last 7 days, December 27 to January 2, MDsquare saw its average trading volume fluctuate between $4 917 and $4 394. Over the week that came before the analyzed time span, the average trading volume of TMED ranged between $2 126 and $9 832. The average trading volume of the asset fluctuated by 21% by comparison with the previous period, whereas the price change of 20% took place over the same period of time.
TMED 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. MDsquare market capitalization from the week before experienced no change, as a result there were no price fluctuations.