xDAI market stayed flat from December 27 - January 2.
xDAI portrayed neutral behavior last week, with no changes in the price. The volatility associated with the XDAI 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 current state of affairs on the cryptocurrency market allows us to draw the conclusion that xDAI is now going through the cycle of low volatility. Our data shows that the average volatility of XDAI didn't exceed 0.08%, which is why its price remained constrained. In the period between December 27 and January 2, the volatility of the coin peaked at 0.08%. The quietest period on the asset's market was recorded on December 31, when the volatility dropped to the minimum at 0.08%. The unimpressive volatility of 0.08% showcases the overall weakness of the crypto coin.
There were no gains or losses to the XDAI market on December 27, it remained flat. On December 28 the coin market stayed neutral, with no changes in the price. The cautious traders dominated the price action on December 29, with the xDAI market remaining flat. On December 30, the value of XDAI was in the range, with the market remaining flat. On December 31, xDAI finished the trading day with no changes to the flatlined market. No changes were observed on the crypto coin's market on January 1. The coin's market saw no changes on January 2, as the market flatlined. Throughout the reviewed time period, no changes were observed on the asset's market. There was no difference between the lowest and highest price points for the observed week, with the xDAI market flatlining.
xDAI ’s average trading volume on the opening day of the observed time period, December 27, stood at $119 412, while on the closing day of the same period, it moved to $117 776. A more comprehensive analysis of XDAI price action requires the comparison of the trading volume between December 27 and January 2 with that from the preceding week that demonstrated how the trading volume fluctuated between $88 978 and $128 687. The 4% 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 0%.
XDAI 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. xDAI market capitalization from the week before experienced no change, as a result there were no price fluctuations.