The capitulation of December 24 - December 30 : Solcubator experienced a 13% dive.
Between December 24 - December 30, Solcubator has been mostly bearish as its price has been in the falling mode. SOLC has been going through a period of medium 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.
The situation on the Solcubator market allows us to characterise its volatility as mild. Given that the average volatility on the SOLC market didn't exceed 9%, the price action remained limited. The largest volatility for the given period occurred on December 24 and amounted to 8.89%. The asset saw its volatility drop to the lowest level for the given period on December 28 as it shrank to 0%. Due to the fact that the crypto coin has been modestly volatile, the market is unlikely to demonstrate any aggressive price swings.
The trading session on December 24 started with Solcubator opening at $0.00005 on the backdrop of bearish sentiment throughout the market. The losses of SOLC after the weekly open on December 24 amounted to 4%. On December 25 the coin market stayed neutral, with no changes in the price. The price range of Solcubator formed between $0.000047 and $0.000048 on December 26 as the price traveled 2% up. The trading volume on December 27 rendered support to the 6% bearish move of SOLC. On December 28, Solcubator finished the trading day with no changes to the flatlined market. No changes were observed on the crypto coin's market on December 29. The coin's market saw no changes on December 30, as the market flatlined. The asset posted the weekly low at $0.00004, while the top of the weekly trading session was registered at $0.00005. The price action on the weekly time frame made Solcubator within the 13% range from its weekly low to the weekly high, while the oscillation amplitude between these price points amounted to $0.000006.
In the period December 24 - December 30, the trading volume of Solcubator went from $0.48 on the first day of the reviewed period to $17.84 on the closing day. In order to have a better grasp of the SOLC 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 $0.00003 to $11.69. The average trading volume of the asset fluctuated by 175% by comparison with the previous period, whereas the price change of 13% took place over the same period of time.
SOLC 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. Solcubator market capitalization from the week before experienced no change, as a result there were no price fluctuations.