The bullish pressure subsides between January 11 and January 17 as Theos gains only 4%.
The upward movement of the Theos price last week indicates the chosen market is bullish. The situation on the THEOS market shows that the underlying asset is currently experiencing a period of low 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.
According to our market analysis, the weak price movement of Theos was dictated by low volatility. The data derived from our credible sources shows that the average volatility of THEOS didn't exceed 0%, which is indicative of weak price action. Despite the overall weak performance, the volatility of the coin had its highest point at 4.26%. The weakest volatility level of 0% on the asset's market was registered on January 16. Since the crypto coin is displaying low levels of volatility, the price action is likely to remain feeble.
On January 11, the Theos market opened at $0.0002, preceded by a period of bullish action. The gains of THEOS after the weekly open on January 11 amounted to 1%. The 4% move in the upward direction took place on the second day after the weekly open. The cautious traders dominated the price action on January 13, with the Theos market remaining flat. The trading volume on January 14 rendered support to the 2% bullish move of THEOS. January 15 kicked off with Theos trading opening at $0.0002 and then closing the session at $0.0002, establishing the 24H low at $0.00017 and 24H high at $0.00018 in the process. The trading period on January 16 saw the crypto coin forming the price amplitude between the open at $0.0002 and the close at $0.0002, also interacting with $0.00017 (24H low) and $0.00017 (24H high). The coin found the deepest trough (24H low) at $0.000171 on January 17 and then exploded to the ceiling (24H high) at $0.000175; the price range for that day was between $0.0002 and $0.0002. $0.0002 was the bottom of price action for the week, though the price went to the high extreme at $0.0003 over the same time period. As a result of price action within the designated time period, the price movement range on the Theos market was established at $0.000007 or 4% between the weekly low and the weekly high.
The past 7 days were marked by a change in average daily trading volume from $21 868 on January 11 to $8 781 on January 17. We can draw the comparison with the period of 7 days that preceded the reviewed one when THEOS ’s trading volume varied from $12 145 to $13 105. Percentage-wise, the trading volume of the asset changed by 9%, in comparison to the previous period, while its price experienced a 4% adjustment.
THEOS 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. Theos market capitalization from the week before experienced no change, as a result there were no price fluctuations.