Universal Liquidity Union exploded by 138% in the period of January 10 - January 16 as the buyers got an upper hand.
Between January 10 - January 16, Universal Liquidity Union has been mostly bullish as its price has been in the rising mode. The volatility of ULU has been high throughout the reviewed period in correspondence with the 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.
We have established that the average volatility of Universal Liquidity Union was at 158.26% in concert with its rapid price change. The peak of the asset's volatility fell on January 10 after it went all the way to 158.26%. The quietest period on the coin's market happened on January 16 as the volatility failed to surpass the 0.25% mark. The increased volatility of 158.26% on the ULU market suggests large price swings in either direction, which is indicative of market instability.
There were no gains or losses to the ULU market on January 10, it remained flat. The 4% move in the upward direction took place on the second day after the weekly open. The price range of Universal Liquidity Union formed between $11.8 and $12.65 on January 12 as the price traveled 7% up. The trading volume on January 13 rendered support to the 156% bullish move of ULU. The price oscillation of Universal Liquidity Union on January 14 was in the $29.79 - $26.28 range; at the same time, the price stretched out to reach the 24H low at $24.56 and the 24H high at $36.92. The activity on the crypto coin's market on January 15 resulted in the asset being traded between $26.5, the open of the day, and $22.56, the close of the day; at some point, the price spiked to the daily high at $26.84 and briefly dropped to the daily low at $22.22. As for the occurrences on January 16, the price of the coin bottomed at $18.71 and peaked at $33.37, while its daily range formed between $22.87 and $28.19. $11.62 was the bottom of price action for the week, though the price went to the high extreme at $72.04 over the same time period. The difference between the lowest and the highest price points for the week was 138%, as the price moved in the $16.34 wide corridor.
As for the average trading volume in the time slot between January 10 and January 16, the Universal Liquidity Union market registered the change from $16 527 to $14 107. Over the week that came before the analyzed time span, the average trading volume of ULU ranged between $15 205 and $18 499. We can draw a parallel between the change in trading volume in the previous 7 days, which constituted 356%, and the 138% price shift.
ULU 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. Universal Liquidity Union market capitalization from the week before experienced no change, as a result there were no price fluctuations.