Last week’s (March 6 - March 12) irresolute SOGA Project : the price moved up no more than 2%.
The price of SOGA Project was rising last from March 6 until March 12, giving enough reason to conclude that the market is. SOGA 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.
The price action of SOGA Project has been contained due to modest volatility. Given that the average volatility on the SOGA market didn't exceed 6%, the price action remained limited. The coin has hit the highest point of volatility on March 6. The asset's volatility was at its lowest on March 10 when it dropped to 0.86%. The mild volatility registered on the crypto coin's market over the said period allows us to expect moderate price movements in both directions without significant breakouts.
During the opening day on March 6, SOGA has had a 1% move to the upside. The coin market was down by 3% on March 7, the second day of the reviewed time period. The bulls dominated the price action during the following trading period as the price drifted 9% to the upside, having established the low for the reviewed time frame at $0.001, while the high was recorded at $0.0012. Over the next trading period (on March 9), SOGA was moving down by 3% on the back of a congruous trading volume. SOGA Project finalized the trading day of March 10 at $0.001 after opening it at $0.001, though the price broke through that corridor to hit the 24H high at $0.0011 and the 24H low at $0.001. The price action on March 11 saw the crypto coin moving along the following route: starting point at $0.001 and closing point at $0.001, while it also deviated to establish the high of the day at $0.00106 and the low of the day at $0.00103. Most trading activity on March 12 occurred in the space between $0.001 and $0.001; during this time span, the immediate selling pressure forced the coin to drop to the 24H low at $0.0011, though the bulls had also staged the rally to the 24H high at $0.0011. $0.001 was the bottom of price action for the week, though the price went to the high extreme at $0.0012 over the same time period. The price action on the weekly time frame made SOGA Project within the 2% range from its weekly low to the weekly high, while the oscillation amplitude between these price points amounted to $0.00002.
In the period March 6 - March 12, the trading volume of SOGA Project went from $31 940 on the first day of the reviewed period to $30 779 on the closing day. To understand a bigger picture, we need to match the numbers from last week with the week before that, when the SOGA market had its volume ranging between $33 385 and $38 698. The asset demonstrated an 12% change in trading volume, when compared against its performance in the past 7 days, while its price fluctuated by 2%.
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.