Unvest retraces by 5% in the period December 30 - January 5 as the market turns slightly bearish.

The analysis of last week’s price action shows that the Unvest market is in the phase since the price has been moving downward. UNV was caught in a period of low volatility, which was reflected in its price action. The asset saw its market capitalization falling over the reviewed period together with its price. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.

The price action of Unvest is in a stalemate due to low volatility during the observed period. With the average volatility being as low as 0%, UNV was incapable of making any sizable price swings. In the period between December 30 and January 5, the volatility of the coin peaked at 0%. The price action on the asset's market was the weakest on January 4 when the volatility was at 0%, the minimum for the given period of time. The low volatility of 0% means that the crypto coin is weak and incapable of any sizable price swings.

There were no gains or losses to the UNV market on December 30, it remained flat. On December 31 the coin market stayed neutral, with no changes in the price. The cautious traders dominated the price action on January 1, with the Unvest market remaining flat. On January 2, the value of UNV was in the range, with the market remaining flat. On January 3, Unvest finished the trading day with no changes to the flatlined market. The trading period on January 4 saw the crypto coin forming the price amplitude between the open at $0.002 and the close at $0.002, also interacting with $0.00172 (24H low) and $0.00172 (24H high). The coin found the deepest trough (24H low) at $0.00172 on January 5 and then exploded to the ceiling (24H high) at $0.00173; the price range for that day was between $0.002 and $0.002. During the reviewed time period, the asset was able to achieve the weekly high at $0.0018, though at a certain point, the bear pressurized the price down to the weekly low at $0.0017. Traders saw Unvest covering the $0.00009 distance between the weekly low and the weekly high, which constituted for a 5% move.

As for the average trading volume in the time slot between December 30 and January 5, the Unvest market registered the change from $46.27 to $310. During the week before December 30, the trading volume of UNV flowed from $2.22 to $4 523. The 51% 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 5%.

The total market capitalization of Unvest during the past 7-day oscillated between $1 418 752, the starting point that was established on December 30, and $1 352 523 on January 5, the end date of the reviewed period. The rate of percentage change for the last week for UNV was 5%. When compared to the price fluctuations during the observed period of time, the 5% market capitalization movement was accompanied by a 5% change in the price of the coin. During the week before the analyzed time frame, the market capitalization of Unvest moved by 10% as it went from $1 296 193 to $1 419 697, and gave a better understanding of the general direction in which this market is flowing.

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Article date: January 5 | December 30 - January 5

Market reviews for similar coins for December 30 - January 5