Coins
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Prosper
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2022-11-17

The bullish pressure subsides between November 11 and November 17 as Prosper gains only 3%.

The upward movement of the Prosper price last week indicates the chosen market is bullish. PROS has been going through a period of medium volatility, which fell in line with the occurred price changes. The price action on the coin's market translated to the growth of market capitalization. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.

The unfolding situation in the Prosper market suggests that the reviewed digital asset is in the stage of mild volatility. Our comprehensive data indicates that the price change of PROS has been moderate on the back of the average volatility of 13% for the given time period. The coin was the most volatile on November 11, when the range of its price fluctuations reached 18.18%. The price of the asset had fluctuated the least on November 15, when the volatility plummeted to 2.7%. 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 2% move to the upside from the point where the trading session opened. The price action of the coin remained on November 12 as the pushed the price up by 5%. The price range of Prosper formed between $1.02 and $1.18 on November 13 as the price traveled 12% down. The trading volume on November 14 rendered support to the 9% bullish move of PROS. Prosper finalized the trading day of November 15 at $1.3 after opening it at $1.08, though the price broke through that corridor to hit the 24H high at $1.39 and the 24H low at $1.05. While the 24H high and low on November 16 were at $1.44 and $1.17, respectively, the crypto coin had been traded in the area between the open at $1.27 and the close at $1.19. Between the 24H high at $1.2 and the 24H low at $1.07, the coin was traded in the $1.2 - $1.14 price corridor. $0.93 was the bottom of price action for the week, though the price went to the high extreme at $1.44 over the same time period. Prosper bounced 3% between the low of the week and the peak price for the same time period, ultimately creating a price range of $0.03.

In the period November 11 - November 17, the trading volume of Prosper went from $4 234 876 on the first day of the reviewed period to $43 190 598 on the closing day. Over the week that came before the analyzed time span, the average trading volume of PROS ranged between $1 844 280 and $6 364 799. The asset demonstrated an 415% change in trading volume, when compared against its performance in the past 7 days, while its price fluctuated by 3%.

The total capitalization of Bitcoin at the start of the analyzed time period (November 11) amounted to $22 979 481; by the end of that period (November 17), the capitalization went to $23 191 206. The percentage change in the total market capitalization of PROS amounted to 1%. When compared to the price fluctuations during the observed period of time, the 1% market capitalization movement was accompanied by a 3% change in the price of the coin. The comparison with the Prosper market capitalization seen during the time period November 4 - November 10 that occurred before the observed one, which changed by 19%, from $15 010 968 to $12 086 349, allows us to get a clearer understanding of current market conditions.

Price
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Fri 11Nov 13Tue 15Thu 17Fri 11Nov 13Tue 15Thu 171.051.101.151.201.251.301.051.101.151.201.251.30
Article date: November 17 | November 11 - 17

Market reviews for similar coins for November 11 - 17