March 19 - March 25 price action review: Theos goes down by 6%.
The downward movement of the Theos price last week indicates the chosen market is bearish. The volatility associated with the THEOS market was low, as were its price fluctuations. 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 analysis of events on the Theos market shows that the cryptocurrency under review is experiencing a period of low volatility. Our data shows that the average volatility of THEOS didn't exceed 0%, which is why its price remained constrained. The most significant price swings occurred on March 23, when the volatility of the coin was at its highest for the given period at 2.4%. The price action on the asset's market was the weakest on March 24 when the volatility was at 0%, the minimum for the given period of time. Since the crypto coin is displaying low levels of volatility, the price action is likely to remain feeble.
The first day of price action was marked by the 1% move to the upside from the point where the trading session opened. The market sentiment on March 20 stayed as the coin obtained another 1%. The price range of Theos formed between $0.0002 and $0.0003 on March 21 as the price traveled 2% down. The THEOS market was down as the price shifted by 1% on March 22, against the backdrop of the sufficient trading volume. The developments on the Theos market on March 23 started with the price opening at $0.0002 and subsequently moving to $0.0002, the close of the day, while dropping to the 24H low at $0.000161 and spiking to the 24H high at $0.000161. On March 24, the crypto coin showcased the following price fluctuations: the trading session began at $0.0002 and then traveled from the low of the day at $0.00016 to the high of the day at $0.00016, closing at $0.0002. The coin's market saw no changes on March 25, as the market flatlined. $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. Traders saw Theos covering the $0.00001 distance between the weekly low and the weekly high, which constituted for a 6% move.
In the period March 19 - March 25, the trading volume of Theos went from $13 195 on the first day of the reviewed period to $11 256 on the closing day. Over the week that came before the analyzed time span, the average trading volume of THEOS ranged between $6 978 and $13 356. The 14% change in trading volume in the asset's market, compared to last week, supported the price movement that allowed the cryptocurrency to alter its value by 6%.
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.