Restrained price action on February 25 to March 3 as Mini moves up by only 3%.

The analysis of last week’s price action shows that the Mini market is in the bullish phase since the price has been moving upward. The situation on the MINI market shows that the underlying asset is currently experiencing a period of medium volatility. 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 price action of Mini has been contained due to modest volatility. We established that MINI didn't showcase any significant price action due to the market's mild average volatility of 5%. The coin has hit the highest point of volatility on February 25. On March 1, the volatility of the asset was at its minimum at 0.32%. Due to the fact that the crypto coin has been modestly volatile, the market is unlikely to demonstrate any aggressive price swings.

On February 25, the first trading session of the reviewed time period, the market participants saw MINI moving up by 5%. On February 26 the coin market stayed neutral, with no changes in the price. The price range of Mini formed between $0.015 and $0.015 on February 27 as the price traveled 3% down. The trading volume on February 28 rendered support to the 4% bearish move of MINI. After the open at $0.01, Mini moved during March 1 in the range between the said open and the close at $0.02, having posted the 24H low at $0.015 and the 24H high at $0.015. The crypto coin opened the trading session on March 2 at $0.02 and finalized it at $0.02; the highest point of price action was at $0.0154, the lowest was detected at $0.0151. The coin found the deepest trough (24H low) at $0.0152 on March 3 and then exploded to the ceiling (24H high) at $0.0155; the price range for that day was between $0.02 and $0.02. The price action on the asset's market during the period between February 25 and March 3 topped at $0.016, while the bottom of the price range was established at $0.014. The price action on the weekly time frame made Mini within the 3% range from its weekly low to the weekly high, while the oscillation amplitude between these price points amounted to $0.0005.

Mini ’s average trading volume on the opening day of the observed time period, February 25, stood at $9 621, while on the closing day of the same period, it moved to $10 998. We can draw the comparison with the period of 7 days that preceded the reviewed one when MINI ’s trading volume varied from $8 755 to $12 718. The 1% trading volume fluctuation between February 25 and March 3, as compared with the previous period, served as a basis for a 3% price move.

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: March 3 | February 25 - March 3

Market reviews for similar coins for February 25 - March 3