A 121% price appreciation seen on the Recharge market between May 19 and May 25.
The price of Recharge was rising last from May 19 until May 25, giving enough reason to conclude that the market is bullish. RCG has been going through a period of high 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.
During the reported period, Recharge has been swinging for the fences, which resulted in an average volatility of 161.83% for the given period. The largest volatility percentage during the given time span was 161.83% - it occurred on May 19. On May 25, the coin's volatility was at its minimum level of 0.03%. The increased volatility of 161.83% on the RCG market suggests large price swings in either direction, which is indicative of market instability.
The coin market was down by 1% on May 20, the second day of the reviewed time period. The cautious traders dominated the price action on May 21, with the Recharge market remaining flat. RCG ’s performance during May 22 was the following: the price increased by 4% in conjunction with the acceptable trading volume. Recharge finalized the trading day of May 23 at $0.1 after opening it at $0.1, though the price broke through that corridor to hit the 24H high at $0.103 and the 24H low at $0.1. On May 24, the crypto coin showcased the following price fluctuations: the trading session began at $0.1 and then traveled from the low of the day at $0.1 to the high of the day at $0.45, closing at $0.27. Most trading activity on May 25 occurred in the space between $0.25 and $0.22; during this time span, the immediate selling pressure forced the coin to drop to the 24H low at $0.22, though the bulls had also staged the rally to the 24H high at $0.32. The price action on the asset's market during the period between May 19 and May 25 topped at $0.45, while the bottom of the price range was established at $0.1. Recharge shaped the $0.12 price range over the week of price action, which constituted the 121% gap between the weekly low and the weekly high.
The trading activity on the Recharge market over the past week - May 19 to May 25 - generated the average trading volume that went from $666 323 to $1 116 071. A more comprehensive analysis of RCG price action requires the comparison of the trading volume between May 19 and May 25 with that from the preceding week that demonstrated how the trading volume fluctuated between $21 365 and $515 678. The average trading volume of the asset fluctuated by 560% by comparison with the previous period, whereas the price change of 121% took place over the same period of time.
RCG 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. Recharge market capitalization from the week before experienced no change, as a result there were no price fluctuations.