December 20 - December 26 price action recap: Mini sees a weak 4% gain as the buyers take a step back.

The price of Mini was rising last from December 20 until December 26, giving enough reason to conclude that the market is bearish. MINI was caught in a period of medium volatility, which was reflected in its price action. 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.

The volatility has been suppressed, as the Mini price action suggests. During the reviewed period, the volatility of MINI was in the middle register, averaging at 7%. The coin was the most volatile on December 20, when the range of its price fluctuations reached 8.77%. The asset's volatility was at its lowest on December 24 when it dropped to 0.32%. Since the volatility of 7% can be deemed as mild, the crypto coin's market can be characterised as composed.

The bears were dictating the terms on the Mini market on December 20 - the trading session opened at $0.01. The losses of MINI after the weekly open on December 20 amounted to 5%. On December 21 the coin market stayed neutral, with no changes in the price. The bears dominated the price action during the following trading period as the price drifted 2% to the downside, having established the low for the reviewed time frame at $0.011, while the high was recorded at $0.0114. The trading volume on December 23 rendered support to the 9% bullish move of MINI. Mini finalized the trading day of December 24 at $0.01 after opening it at $0.01, though the price broke through that corridor to hit the 24H high at $0.012 and the 24H low at $0.011. While the 24H high and low on December 25 were at $0.0115 and $0.0112, respectively, the crypto coin had been traded in the area between the open at $0.01 and the close at $0.01. Most trading activity on December 26 occurred in the space between $0.01 and $0.01; during this time span, the immediate selling pressure forced the coin to drop to the 24H low at $0.011, though the bulls had also staged the rally to the 24H high at $0.012. Over the course of all trading sessions, the asset established the weekly low at $0.011 while buyers managed to push the price up to the weekly high at $0.012. As a result of price action within the designated time period, the price movement range on the Mini market was established at $0.0004 or 4% between the weekly low and the weekly high.

In the period December 20 - December 26, the trading volume of Mini went from $11 612 on the first day of the reviewed period to $11 424 on the closing day. Over the week that came before the analyzed time span, the average trading volume of MINI ranged between $9 705 and $12 833. Percentage-wise, the trading volume of the asset changed by 14%, in comparison to the previous period, while its price experienced a 4% adjustment.

MINI 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. Mini market capitalization from the week before experienced no change, as a result there were no price fluctuations.

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Article date: December 26 | December 20 - 26

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