The bullish pressure subsides between November 13 and November 19 as Tokoin gains only 4%.

Between November 13 - November 19, Tokoin has been mostly as its price has been in the rising mode. TOKO was caught in a period of medium volatility, which was reflected in its price action. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The price action of the crypto coin last week took place on the back of increased trading volume.

The situation on the Tokoin market allows us to characterise its volatility as mild. We established that TOKO didn't showcase any significant price action due to the market's mild average volatility of 11%. The coin was the most volatile on November 13, when the range of its price fluctuations reached 11.48%. The asset's volatility was at its lowest on November 17 when it dropped to 0.19%. Since the volatility of 11% can be deemed as mild, the crypto coin's market can be characterised as composed.

The were dictating the terms on the Tokoin market on November 13 - the trading session opened at $0.005. The first day of price action was marked by the 11% move to the upside from the point where the trading session opened. The 5% move in the downward direction took place on the second day after the weekly open. The bulls dominated the price action during the following trading period as the price drifted 1% to the upside, having established the low for the reviewed time frame at $0.005, while the high was recorded at $0.005. The TOKO market was down as the price shifted by 3% on November 16, against the backdrop of the sufficient trading volume. November 17 kicked off with Tokoin trading opening at $0.005 and then closing the session at $0.005, establishing the 24H low at $0.0046 and 24H high at $0.0048 in the process. The activity on the crypto coin's market on November 18 resulted in the asset being traded between $0.005, the open of the day, and $0.005, the close of the day; at some point, the price spiked to the daily high at $0.005 and briefly dropped to the daily low at $0.005. Most trading activity on November 19 occurred in the space between $0.005 and $0.005; during this time span, the immediate selling pressure forced the coin to drop to the 24H low at $0.005, though the bulls had also staged the rally to the 24H high at $0.005. $0.005 was the bottom of price action for the week, though the price went to the high extreme at $0.005 over the same time period. Tokoin bounced 4% between the low of the week and the peak price for the same time period, ultimately creating a price range of $0.0002.

The past 7 days were marked by a change in average daily trading volume from $258 835 on November 13 to $299 958 on November 19. In order to have a better grasp of the TOKO market, it’s necessary to compare the stats from the analyzed period with those from the week before, when the trading volume had gone from $267 065 to $966 032. Percentage-wise, the trading volume of the asset changed by 32%, in comparison to the previous period, while its price experienced a 4% adjustment.

Bitcoin began the observed period November 13 - November 19, with the market capitalization of $1.87 and finalized it at the market capitalization level of $2.05. TOKO experienced a 9% change in total market capitalization throughout the past seven days. While the market capitalization of the coin was altered by 9%, its price has made a 4% change. Tokoin ’s market capitalization from the week before changed by 17%, as the result of fluctuation between $2.3 and $1.87, to give a clearer vision of the current state of the market.

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Article date: November 19 | November 13 - 19

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