Market analysis January 18 - January 24 : Schrodinger posts a 35% rally.
The analysis of last week’s price action shows that the Schrodinger market is in the bullish phase since the price has been moving upward. KITTY DINGER 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.
Due to the active price action, the average volatility of Schrodinger jumped to 36.4%. The volatility of the asset has reached the extreme after going as high as 36.4% - it happened on January 18. The volatility of the coin fell to its lowest on January 24 when it slid to 0.78%. The present volatility of 36.4% renders the KITTY DINGER market unstable with the possibility of violent price swings.
The first day of price action was marked by the 3% move to the downside from the point where the trading session opened. The price action of the coin remained bearish on January 19 as the bears pushed the price down by 6%. The price range of Schrodinger formed between $0.0000003 and $0.0000005 on January 20 as the price traveled 78% up. The trading volume on January 21 rendered support to the 13% bullish move of KITTY DINGER. After the open at $0.0000007, Schrodinger moved during January 22 in the range between the said open and the close at $0.0000007, having posted the 24H low at $0.0000006 and the 24H high at $0.0000007. While the 24H high and low on January 23 were at $0.0000007 and $0.0000007, respectively, the crypto coin had been traded in the area between the open at $0.0000007 and the close at $0.0000007. The coin's market saw no changes on January 24, as the market flatlined. $0.0000003 was the bottom of price action for the week, though the price went to the high extreme at $0.0000007 over the same time period. The price action on the weekly time frame made Schrodinger within the 35% range from its weekly low to the weekly high, while the oscillation amplitude between these price points amounted to $0.0000002.
The trading activity on the Schrodinger market over the past week - January 18 to January 24 - generated the average trading volume that went from $2 160 to $2 178. Over the week that came before the analyzed time span, the average trading volume of KITTY DINGER ranged between $269 and $39 624. We can draw a parallel between the change in trading volume in the previous 7 days, which constituted 53%, and the 35% price shift.
KITTY DINGER 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. Schrodinger market capitalization from the week before experienced no change, as a result there were no price fluctuations.