Mindsync market outlook from December 12 - December 18 :the price surges by 16786%.
The upward movement of the Mindsync price last week indicates the chosen market is. MAI has been going through a period of high 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.
We have established that the average volatility of Mindsync was at 17883.68% in concert with its rapid price change. The largest volatility percentage during the given time span was 17883.68% - it occurred on December 12. On December 18, the coin's volatility was at its minimum level of 0.06%. When the volatility goes as high as 17883.68%, the MAI market tends to be erratic and hard to predict.
The losses of MAI after the weekly open on December 12 amounted to 99%. The price action of the coin remained bullish on December 13 as the bulls pushed the price up by 17910%. The cautious traders dominated the price action on December 14, with the Mindsync market remaining flat. The MAI market was down as the price shifted by 99% on December 15, against the backdrop of the sufficient trading volume. The price oscillation of Mindsync on December 16 was in the $0.007 - $0.007 range; at the same time, the price stretched out to reach the 24H low at $0.006 and the 24H high at $0.007. While the 24H high and low on December 17 were at $0.99 and $0.007, respectively, the crypto coin had been traded in the area between the open at $0.007 and the close at $0.99. Most trading activity on December 18 occurred in the space between $0.99 and $0.93; during this time span, the immediate selling pressure forced the coin to drop to the 24H low at $0.93, though the bulls had also staged the rally to the 24H high at $0.99. $0.005 was the bottom of price action for the week, though the price went to the high extreme at $1 over the same time period. Mindsync bounced 16786% between the low of the week and the peak price for the same time period, ultimately creating a price range of $0.93.
In the period December 12 - December 18, the trading volume of Mindsync went from on the first day of the reviewed period to $14 232 on the closing day. We can draw the comparison with the period of 7 days that preceded the reviewed one when MAI ’s trading volume varied from to $81 551. The average trading volume of the asset fluctuated by 46% by comparison with the previous period, whereas the price change of 16786% took place over the same period of time.
MAI 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. Mindsync market capitalization from the week before experienced no change, as a result there were no price fluctuations.