Market analysis December 13 - December 19 : SOL Baby Doge posts a 36% rally.
Between December 13 - December 19, SOL Baby Doge has been mostly bullish as its price has been in the rising mode. The situation on the SBABYDOGE market shows that the underlying asset is currently experiencing a period of high volatility. 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 considerable chops and changes in the price of SOL Baby Doge resulted in average volatility of 37.04%. December 13 was the day when the asset was the most volatile, with the volatility going as high as 37.04%. The quietest period on the coin's market happened on December 19 as the volatility failed to surpass the 0.16% mark. The increased volatility of 37.04% on the SBABYDOGE market suggests large price swings in either direction, which is indicative of market instability.
There were no gains or losses to the SBABYDOGE market on December 13, it remained flat. On December 14 the coin market stayed neutral, with no changes in the price. The cautious traders dominated the price action on December 15, with the SOL Baby Doge market remaining flat. Over the next trading period (on December 16), SBABYDOGE was moving up by 1% on the back of a congruous trading volume. After the open at $0.00000001, SOL Baby Doge moved during December 17 in the range between the said open and the close at $0.00000001, having posted the 24H low at $0.00000001 and the 24H high at $0.00000001. The crypto coin opened the trading session on December 18 at $0.00000001 and finalized it at $0.00000001; the highest point of price action was at $0.00000001, the lowest was detected at $0.00000001. Most trading activity on December 19 occurred in the space between $0.00000001 and $0.00000001; during this time span, the immediate selling pressure forced the coin to drop to the 24H low at $0.0000000135, though the bulls had also staged the rally to the 24H high at $0.0000000139. The asset posted the weekly low at $0.00000001, while the top of the weekly trading session was registered at $0.00000001. SOL Baby Doge shaped the $0.000000004 price range over the week of price action, which constituted the 36% gap between the weekly low and the weekly high.
In the period December 13 - December 19, the trading volume of SOL Baby Doge went from $1.97 on the first day of the reviewed period to $496 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 SBABYDOGE market had its volume ranging between $0.06 and $20.68. The average trading volume of the asset fluctuated by 1150% by comparison with the previous period, whereas the price change of 36% took place over the same period of time.
SBABYDOGE 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. SOL Baby Doge market capitalization from the week before experienced no change, as a result there were no price fluctuations.