Random market stayed flat from December 29 - January 4.
Random portrayed neutral behavior last week, with no changes in the price. RNDM has been going through a period of low 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 current state of affairs on the cryptocurrency market allows us to draw the conclusion that Random is now going through the cycle of low volatility. Our data shows that the average volatility of RNDM didn't exceed 1.38%, which is why its price remained constrained. The maximum volatility of the coin stood at 3.34% in the analyzed time frame. On January 3, the asset didn't make any noticeable price movements as its volatility dropped to the lowest level at 1.38%. The crypto coin's low volatility of 1.38% points to the weakness of all market participants.
There were no gains or losses to the RNDM market on December 29, it remained flat. On December 30, the price of the coin has shifted by 1% from the daily open on the back of a good trading volume. During the next trading day, the rate of change in the price of Random stood at 1% having reached the low at $0.00044 and the high at $0.00046 as the advantage remained on the side of buyers. The next trading session was characterized by more price action (as RNDM made a 1% move) on the back of the consistent trading volume. After the open at $0.0004, Random moved during January 2 in the range between the said open and the close at $0.0004, having posted the 24H low at $0.0003 and the 24H high at $0.0005. The price action on January 3 saw the crypto coin moving along the following route: starting point at $0.0004 and closing point at $0.0004, while it also deviated to establish the high of the day at $0.00045 and the low of the day at $0.00043. January 4 presented us with the following price action data: the coin opened the period at $0.0004 and went on to establish the low at $0.00044 and the high of the day at $0.00045 before closing the day at $0.0004. 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 Random market flatlining.
In the period December 29 - January 4, the trading volume of Random went from $400 on the first day of the reviewed period to $389 on the closing day. We can draw the comparison with the period of 7 days that preceded the reviewed one when RNDM ’s trading volume varied from $372 to $841. Percentage-wise, the trading volume of the asset changed by 13%, in comparison to the previous period, while its price experienced a 0% adjustment.
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.