Coins
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Prosper
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2022-11-18

Prosper market stayed flat from November 12 - November 18.

Prosper portrayed neutral behavior last week, with no changes in the price. The volatility associated with the PROS market was medium, as were its price fluctuations. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.

The price action of Prosper has been contained due to modest volatility. The market analysis reveals that the mild average volatility of 15% restrained PROS 's price swings. The most significant volatility occurred on November 12 and reached 18.18%. 0% was the rock bottom for the asset's volatility that was reached on November 16. The mild volatility during the period of review allowed the price of the crypto coin to remain stable and predictable.

The gains of PROS after the weekly open on November 12 amounted to 5%. The market sentiment on November 13 stayed as the coin obtained another 12%. The price range of Prosper formed between $0.93 and $1.14 on November 14 as the price traveled 9% up. The PROS market was up as the price shifted by 20% on November 15, against the backdrop of the sufficient trading volume. Prosper finalized the trading day of November 16 at $1.19 after opening it at $1.27, though the price broke through that corridor to hit the 24H high at $1.44 and the 24H low at $1.17. The trading period on November 17 saw the crypto coin forming the price amplitude between the open at $1.2 and the close at $1.14, also interacting with $1.07 (24H low) and $1.07 (24H high). Most trading activity on November 18 occurred in the space between $1.13 and $1.14; during this time span, the immediate selling pressure forced the coin to drop to the 24H low at $1.12, though the bulls had also staged the rally to the 24H high at $1.22. Throughout the reviewed time period, no changes were observed on the asset's market. There was no difference between the lowest and highest price points for the observed week, with the Prosper market flatlining.

As for the average trading volume in the time slot between November 12 and November 18, the Prosper market registered the change from $3 173 225 to $26 726 530. We can draw the comparison with the period of 7 days that preceded the reviewed one when PROS ’s trading volume varied from $1 844 280 to $6 364 799. The 504% trading volume fluctuation between November 12 and November 18, as compared with the previous period, served as a basis for a 0% price move.

Bitcoin began the observed period November 12 - November 18, with the market capitalization of $21 555 864 and finalized it at the market capitalization level of $21 831 042. When translated to percentage rate, the market capitalization of PROS over the past week adjusted by 1%. When compared to the price fluctuations during the observed period of time, the 1% market capitalization movement was accompanied by a 0% change in the price of the coin. In order to get a better grasp of the current state of affairs on the market, it’s important to draw the comparison between the reviewed period and the preceding seven days when the market capitalization ranged between $15 236 447 on November 5 and $22 979 481 on November 11, which translates to a 51% change.

Price
Volatility
Capitalization
Volume
Nov 13Tue 15Thu 17Nov 13Tue 15Thu 171.051.101.151.201.251.301.051.101.151.201.251.30
Article date: November 18 | November 12 - 18

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