Buyers kept pushing the Monero-Classic market to the upside between January 6 and January 12 as the price increased by 6%.

The upward movement of the Monero-Classic price last week indicates the chosen market is bullish. The situation on the XMC market shows that the underlying asset is currently experiencing a period of high 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 considerable chops and changes in the price of Monero-Classic resulted in average volatility of 3344.7%. The volatility of the asset has reached the extreme after going as high as 3344.7% - it happened on January 6. The quietest period on the coin's market happened on January 12 as the volatility failed to surpass the 0.32% mark. The present volatility of 3344.7% renders the XMC market unstable with the possibility of violent price swings.

XMC made a 2093% step in an upward direction during the first daily trading session that took place on January 6. January 7 saw the coin going another 4% since the open, supported by the corresponding trading volume. The bears dominated the price action during the following trading period as the price drifted 1% to the downside, having established the low for the reviewed time frame at $0.38, while the high was recorded at $0.39. Over the next trading period (on January 9), XMC was moving down by 98% on the back of a congruous trading volume. Monero-Classic finalized the trading day of January 10 at $0.01 after opening it at $0.008, though the price broke through that corridor to hit the 24H high at $0.02 and the 24H low at $0.008. The activity on the crypto coin's market on January 11 resulted in the asset being traded between $0.01, the open of the day, and $0.4, the close of the day; at some point, the price spiked to the daily high at $0.4 and briefly dropped to the daily low at $0.008. The coin's market saw no changes on January 12, as the market flatlined. The asset posted the weekly low at $0.008, while the top of the weekly trading session was registered at $0.4. The difference between the lowest and the highest price points for the week was 6%, as the price moved in the $0.02 wide corridor.

The past 7 days were marked by a change in average daily trading volume from $4 069 on January 6 to $13 324 on January 12. A more comprehensive analysis of XMC price action requires the comparison of the trading volume between January 6 and January 12 with that from the preceding week that demonstrated how the trading volume fluctuated between $12 239 and $15 859. Percentage-wise, the trading volume of the asset changed by 36%, in comparison to the previous period, while its price experienced a 6% adjustment.

XMC 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. Monero-Classic market capitalization from the week before experienced no change, as a result there were no price fluctuations.

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Article date: January 12 | January 6 - 12

Market reviews for similar coins for January 6 - 12