The capitulation of February 18 - February 24 : Solcubator experienced a 24% dive.
The bearish behavior of Solcubator last week was characterized by the occurrence of downswings. SOLC has been going through a period of high 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 volatility of Solcubator was at 27.12% on average, which caused noticeable price fluctuations. February 18 was the day when the asset was the most volatile, with the volatility going as high as 27.12%. On February 24, the coin's volatility was at its minimum level of 0%. The high volatility of 27.12% points to the possibility of unpredictable and violent price action.
Solcubator began the day on February 18 at $0.00007, while the broad background was bearish. The losses of SOLC after the weekly open on February 18 amounted to 15%. On February 19 the coin market stayed neutral, with no changes in the price. Solcubator posted the interim low at $0.00004 on February 20 and then moved down by 26% and peaked at $0.00006. The next trading session was characterized by more price action (as SOLC made a 10% move) on the back of the consistent trading volume. On February 22, Solcubator finished the trading day with no changes to the flatlined market. The crypto coin opened the trading session on February 23 at $0.00005 and finalized it at $0.00005; the highest point of price action was at $0.000047, the lowest was detected at $0.000046. On the last day of the reviewed period, the coin was locked between $0.00005 and $0.00004, though the price managed to puncture these levels to reach the 24H high at $0.000048 and the 24H low at $0.000044. Over the course of all trading sessions, the asset established the weekly low at $0.00004 while buyers managed to push the price up to the weekly high at $0.00007. As a result of price action within the designated time period, the price movement range on the Solcubator market was established at $0.00001 or 24% between the weekly low and the weekly high.
Over the period of the last 7 days, February 18 to February 24, Solcubator saw its average trading volume fluctuate between $0.39 and $13.31. During the week before February 18, the trading volume of SOLC flowed from $0.43 to $409. Percentage-wise, the trading volume of the asset changed by 72%, in comparison to the previous period, while its price experienced a 24% adjustment.
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.