Restrained price action on January 13 to January 19 as SOGA Project moves up by only 2%.
The upward movement of the SOGA Project price last week indicates the chosen market is. SOGA 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.
According to our market analysis, the weak price movement of SOGA Project was dictated by low volatility. Our data shows that the average volatility of SOGA didn't exceed 0%, which is why its price remained constrained. Despite the overall weak performance, the volatility of the coin had its highest point at 2%. The price action on the asset's market was the weakest on January 18 when the volatility was at 0%, the minimum for the given period of time. The unimpressive volatility of 0% showcases the overall weakness of the crypto coin.
The losses of SOGA after the weekly open on January 13 amounted to 1%. On January 14 the coin market stayed neutral, with no changes in the price. During the following trading period on January 15, the price of SOGA Project oscillated between the low at $0.00104 and the high at $0.00107, while the price moved down by 2%. Over the next trading period (on January 16), SOGA was moving up by 1% on the back of a congruous trading volume. The price range of SOGA Project on January 17 formed between $0.001 and $0.001, whereas the daily price extremities were $0.00104 and $0.00107. The activity on the crypto coin's market on January 18 resulted in the asset being traded between $0.001, the open of the day, and $0.001, the close of the day; at some point, the price spiked to the daily high at $0.00107 and briefly dropped to the daily low at $0.00105. On the last day of the reviewed period, the coin was locked between $0.001 and $0.001, though the price managed to puncture these levels to reach the 24H high at $0.00107 and the 24H low at $0.00106. $0.00104 was the bottom of price action for the week, though the price went to the high extreme at $0.00107 over the same time period. SOGA Project bounced 2% between the low of the week and the peak price for the same time period, ultimately creating a price range of $0.00002.
Over the period of the last 7 days, January 13 to January 19, SOGA Project saw its average trading volume fluctuate between $53 773 and $52 451. In order to have a better grasp of the SOGA market, it’s necessary to compare the stats from the analyzed period with those from the week before, when the trading volume had gone from $52 197 to $55 099. Percentage-wise, the trading volume of the asset changed by 2%, in comparison to the previous period, while its price experienced a 2% adjustment.
SOGA 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. SOGA Project market capitalization from the week before experienced no change, as a result there were no price fluctuations.