Market review from January 16 to January 22 : Rise Of Nebula gets a 6% price appreciation.
The bullish behavior of Rise Of Nebula last week was characterized by the occurrence of upswings. RON was caught in a period of medium volatility, which was reflected in its price action. 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.
Rise Of Nebula has been moving reservedly on the backdrop of average volatility. We established that RON didn't showcase any significant price action due to the market's mild average volatility of 5%. The highest point of the coin's volatility reached 5.88% in the analyzed time frame. The price of the asset had fluctuated the least on January 20, when the volatility plummeted to 0%. The crypto coin's market didn't put up any surprises due to mild average volatility of 5%.
There were no gains or losses to the RON market on January 16, it remained flat. On January 17 the coin market stayed neutral, with no changes in the price. The cautious traders dominated the price action on January 18, with the Rise Of Nebula market remaining flat. On January 19, the value of RON was in the range, with the market remaining flat. On January 20, Rise Of Nebula finished the trading day with no changes to the flatlined market. No changes were observed on the crypto coin's market on January 21. The coin's market saw no changes on January 22, as the market flatlined. During the reviewed time period, the asset was able to achieve the weekly high at $0.000000000018, though at a certain point, the bear pressurized the price down to the weekly low at $0.000000000017. Rise Of Nebula shaped the $0.000000000001 price range over the week of price action, which constituted the 6% gap between the weekly low and the weekly high.
In the period January 16 - January 22, the trading volume of Rise Of Nebula went from $1.44 on the first day of the reviewed period to $3.64 on the closing day. Over the week that came before the analyzed time span, the average trading volume of RON ranged between $0.63 and $5.5. The 150% trading volume fluctuation between January 16 and January 22, as compared with the previous period, served as a basis for a 6% price move.
RON 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. Rise Of Nebula market capitalization from the week before experienced no change, as a result there were no price fluctuations.