Buyers weakened their grip on the Random market (December 20 - December 26) as the price rose only by 2%.
The behavior of Random last week was characterized by the occurrence of upswings. RNDM has been going through a period of medium volatility, which fell in line with the occurred price changes. 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 situation on the Random market allows us to characterise its volatility as mild. During the reviewed period, the volatility of RNDM was in the middle register, averaging at 12%. The volatility of the coin reached its highest point at 12.94% during the observed period. 0.92% was the rock bottom for the asset's volatility that was reached on December 24. The bulls and the bears appear to be remaining in deadlock as the average volatility of the crypto coin was no higher than 12%.
Random began the day on December 20 at $0.0004, while the broad background was neutral. The first day of price action was marked by the 2% move to the downside from the point where the trading session opened. On December 21 the coin market stayed neutral, with no changes in the price. On December 22, the market was moving to the downside as Random went 10% down from the low at $0.0004 to the high at $0.0005. RNDM ’s performance during December 23 was the following: the price increased by 13% in conjunction with the acceptable trading volume. The price range of Random on December 24 formed between $0.0004 and $0.0004, whereas the daily price extremities were $0.00044 and $0.00045. The crypto coin opened the trading session on December 25 at $0.0004 and finalized it at $0.0004; the highest point of price action was at $0.00045, the lowest was detected at $0.00044. On the last day of the reviewed period, the coin was locked between $0.0004 and $0.0004, though the price managed to puncture these levels to reach the 24H high at $0.00045 and the 24H low at $0.00044. The price action on the asset's market during the period between December 20 and December 26 topped at $0.0005, while the bottom of the price range was established at $0.0004. As a result of price action within the designated time period, the price movement range on the Random market was established at $0.00001 or 2% between the weekly low and the weekly high.
The trading activity on the Random market over the past week - December 20 to December 26 - generated the average trading volume that went from $379 to $377. A more comprehensive analysis of RNDM price action requires the comparison of the trading volume between December 20 and December 26 with that from the preceding week that demonstrated how the trading volume fluctuated between $373 and $410. We can draw a parallel between the change in trading volume in the previous 7 days, which constituted 15%, and the 2% price shift.
RNDM 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. Random market capitalization from the week before experienced no change, as a result there were no price fluctuations.