The bulls muster more strength as SOL Baby Doge rises by 18% from January 19 to January 25.
The analysis of last week’s price action shows that the SOL Baby Doge market is in the phase since the price has been moving upward. The volatility of SBABYDOGE has been high throughout the reviewed period in correspondence with the 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.
We have established that the average volatility of SOL Baby Doge was at 26.41% in concert with its rapid price change. The peak of the asset's volatility fell on January 19 after it went all the way to 26.41%. The volatility of the coin fell to its lowest on January 25 when it slid to 0.23%. The increased volatility of 26.41% 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 January 19, it remained flat. The coin market was up by 1% on January 20, the second day of the reviewed time period. During the following trading period on January 21, the price of SOL Baby Doge oscillated between the low at $0.0000000095 and the high at $0.0000000099, while the price moved up by 2%. SBABYDOGE ’s performance during January 22 was the following: the price increased by 25% in conjunction with the acceptable trading volume. The developments on the SOL Baby Doge market on January 23 started with the price opening at $0.00000001 and subsequently moving to $0.00000002, the close of the day, while dropping to the 24H low at $0.000000012 and spiking to the 24H high at $0.000000012. The trading period on January 24 saw the crypto coin forming the price amplitude between the open at $0.00000002 and the close at $0.00000001, also interacting with $0.000000014 (24H low) and $0.000000014 (24H high). On the last day of the reviewed period, the coin was locked between $0.00000001 and $0.00000001, though the price managed to puncture these levels to reach the 24H high at $0.000000015 and the 24H low at $0.000000011. The price action on the asset's market during the period between January 19 and January 25 topped at $0.00000002, while the bottom of the price range was established at $0.000000009. The price action on the weekly time frame made SOL Baby Doge within the 18% range from its weekly low to the weekly high, while the oscillation amplitude between these price points amounted to $0.000000002.
In the period January 19 - January 25, the trading volume of SOL Baby Doge went from $162 on the first day of the reviewed period to $176 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 $106 and $1 449. Percentage-wise, the trading volume of the asset changed by 31%, in comparison to the previous period, while its price experienced a 18% adjustment.
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.