The torpid Solcubator had its price rise only by 2% last week (February 21 - February 27).
The upward movement of the Solcubator price last week indicates the chosen market is. SOLC was caught in a period of high 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.
Due to the active price action, the average volatility of Solcubator jumped to 27.12%. The asset was the most volatile on February 21 when the registered volatility shot up to 27.12%. The coin's market was the least volatile on February 27 when this particular metric didn’t exceed 0%. 27.12% is too high a volatility for the SOLC market to be considered stable and easily predictable.
The were dictating the terms on the Solcubator market on February 21 - the trading session opened at $0.00006. The first day of price action was marked by the 26% move to the downside from the point where the trading session opened. The 10% move in the upward direction took place on the second day after the weekly open. The cautious traders dominated the price action on February 23, with the Solcubator market remaining flat. On February 25, SOLC market moved by 2% in the bullish direction in concert with the trading volume. The price range of Solcubator on February 25 formed between $0.00005 and $0.00004, whereas the daily price extremities were $0.000044 and $0.000048. The price action on February 26 saw the crypto coin moving along the following route: starting point at $0.00005 and closing point at $0.00004, while it also deviated to establish the high of the day at $0.000045 and the low of the day at $0.000044. The coin's market saw no changes on February 27, as the market flatlined. During the reviewed time period, the asset was able to achieve the weekly high at $0.00006, though at a certain point, the bear pressurized the price down to the weekly low at $0.00004. As a result of price action within the designated time period, the price movement range on the Solcubator market was established at $0.000001 or 2% between the weekly low and the weekly high.
In the period February 21 - February 27, the trading volume of Solcubator went from $64.64 on the first day of the reviewed period to $0.09 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 SOLC market had its volume ranging between $0.02 and $31.97. The average trading volume of the asset fluctuated by 33% by comparison with the previous period, whereas the price change of 2% 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.