My Neighbor Alice exploded by 20% in the period of January 18 - January 24 as the buyers got an upper hand.

The analysis of last week’s price action shows that the My Neighbor Alice market is in the bullish phase since the price has been moving upward. The price swings of ALICE pointed to the presence of medium volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.

While the volatility remains restrained, My Neighbor Alice isn't making any explosive moves. The market analysis reveals that the mild average volatility of 9% restrained ALICE 's price swings. The coin was the most volatile on January 18, when the range of its price fluctuations reached 9.8%. The asset's volatility was at its lowest on January 22 when it dropped to 0%. The mild volatility registered on the crypto coin's market over the said period allows us to expect moderate price movements in both directions without significant breakouts.

The first day of price action was marked by the 9% move to the downside from the point where the trading session opened. The price action of the coin remained on January 19 as the pushed the price up by 1%. My Neighbor Alice posted the interim low at $1.38 on January 20 and then moved up by 2% and peaked at $1.44. Over the next trading period (on January 21), ALICE was moving up by 6% on the back of a congruous trading volume. The developments on the My Neighbor Alice market on January 22 started with the price opening at $1.54 and subsequently moving to $1.63, the close of the day, while dropping to the 24H low at $1.5 and spiking to the 24H high at $1.5. The trading period on January 23 saw the crypto coin forming the price amplitude between the open at $1.63 and the close at $1.65, also interacting with $1.57 (24H low) and $1.57 (24H high). Between the 24H high at $1.66 and the 24H low at $1.61, the coin was traded in the $1.62 - $1.65 price corridor. The asset posted the weekly low at $1.36, while the top of the weekly trading session was registered at $1.71. The price action on the weekly time frame made My Neighbor Alice within the 20% range from its weekly low to the weekly high, while the oscillation amplitude between these price points amounted to $0.27.

As for the average trading volume in the time slot between January 18 and January 24, the My Neighbor Alice market registered the change from $43 950 057 to $55 099 812. During the week before January 18, the trading volume of ALICE flowed from $14 784 985 to $68 943 701. The average trading volume of the asset fluctuated by 3% by comparison with the previous period, whereas the price change of 20% took place over the same period of time.

The total market capitalization of My Neighbor Alice during the past 7-day oscillated between $88 511 820, the starting point that was established on January 18, and $97 580 564 on January 24, the end date of the reviewed period. The rate of percentage change for the last week for ALICE was 10%. The price of the coin changed by 20% on the back of the 10% shift in its total market capitalization. A better understanding of the lay of the land on the My Neighbor Alice market requires a comparison with the preceding week when the total market capitalization of My Neighbor Alice changed by 21% as it went from $74 354 162 to $88 511 820.

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Article date: January 24 | January 18 - 24

Market reviews for similar coins for January 18 - 24