Red clouds gathered above the Theos market last week (March 14 - March 20) as the price went down by 8%.
The analysis of last week’s price action shows that the Theos market is in the bearish phase since the price has been moving downward. THEOS was caught in a period of medium 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.
Theos has been moving reservedly on the backdrop of average volatility. The market analysis reveals that the mild average volatility of 6% restrained THEOS 's price swings. The largest volatility for the given period occurred on March 14 and amounted to 6.86%. The price of the asset had fluctuated the least on March 18, when the volatility plummeted to 0%. The crypto coin's market didn't put up any surprises due to mild average volatility of 6%.
The opening price of Theos was at $0.0002 on March 14, with sellers having a more visible presence on the market. On March 14, the first trading session of the reviewed time period, the market participants saw THEOS moving up by 3%. On March 15, the price of the coin has shifted by 4% from the daily open on the back of a good trading volume. Theos posted the interim low at $0.000174 on March 16 and then moved up by 1% and peaked at $0.000177. Over the next trading period (on March 17), THEOS was moving down by 7% on the back of a congruous trading volume. The price oscillation of Theos on March 18 was in the $0.0002 - $0.0002 range; at the same time, the price stretched out to reach the 24H low at $0.00016 and the 24H high at $0.00017. The trading period on March 19 saw the crypto coin forming the price amplitude between the open at $0.0002 and the close at $0.0002, also interacting with $0.00016 (24H low) and $0.00016 (24H high). March 20 presented us with the following price action data: the coin opened the period at $0.0002 and went on to establish the low at $0.0002 and the high of the day at $0.0003 before closing the day at $0.0002. Over the course of all trading sessions, the asset established the weekly low at $0.0002 while buyers managed to push the price up to the weekly high at $0.0003. Theos bounced 8% between the low of the week and the peak price for the same time period, ultimately creating a price range of $0.00001.
The trading activity on the Theos market over the past week - March 14 to March 20 - generated the average trading volume that went from $6 978 to $20 511. We can draw the comparison with the period of 7 days that preceded the reviewed one when THEOS ’s trading volume varied from $1.1 to $13 119. We can draw a parallel between the change in trading volume in the previous 7 days, which constituted 25%, and the 8% price shift.
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.