Coins
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Zombie Inu
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2022-11-12

Zombie Inu analysis November 6 - November 12 : bears in all-out attack as the price collapses by 100%.

The analysis of last week’s price action shows that the Zombie Inu market is in the bearish phase since the price has been moving downward. The situation on the ZINU market shows that the underlying asset is currently experiencing a period of high volatility. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The price action of the crypto coin last week took place on the back of decreased trading volume.

During the reported period, Zombie Inu has been swinging for the fences, which resulted in an average volatility of 253.13% for the given period. The asset was the most volatile on November 6 when the registered volatility shot up to 253.13%. The lowest volatility for the given period was spotted on November 12 and reached 1.3%. 253.13% is too high a volatility for the ZINU market to be considered stable and easily predictable.

The first day of price action was marked by the 1% move to the upside from the point where the trading session opened. On November 7, the price of the coin has shifted by 2% from the daily open on the back of a good trading volume. During the following trading period on November 8, the price of Zombie Inu oscillated between the low at $0.00000000006 and the high at $0.000000002, while the price moved down by 96%. ZINU ’s performance during November 9 was the following: the price increased by 283% in conjunction with the acceptable trading volume. November 10 kicked off with Zombie Inu trading opening at $0.0000000002 and then closing the session at $0.0000000002, establishing the 24H low at $0.00000000021 and 24H high at $0.00000000028 in the process. The activity on the crypto coin's market on November 11 resulted in the asset being traded between $0.0000000002, the open of the day, and $0.00000000004, the close of the day; at some point, the price spiked to the daily high at $0.0000000002 and briefly dropped to the daily low at $0.00000000004. Between the 24H high at $0.0000000002 and the 24H low at $0.00000000004, the coin was traded in the $0.00000000004 - $0.00000000004 price corridor. The highest point of the price action over the week was at $0.000000009 - the weekly low during the same period was established at $0.00000000004. Zombie Inu bounced 100% between the low of the week and the peak price for the same time period, ultimately creating a price range of $0.000000008.

The past 7 days were marked by a change in average daily trading volume from $56 826 on November 6 to $3 162 on November 12. During the week before November 6, the trading volume of ZINU flowed from $6 284 to $922 625. Percentage-wise, the trading volume of the asset changed by 70%, in comparison to the previous period, while its price experienced a 100% adjustment.

The total capitalization of Bitcoin at the start of the analyzed time period (November 6) amounted to $4 786 047; by the end of that period (November 12), the capitalization went to $23 077. Percentage-wise, the market capitalization of ZINU has shifted by 100% in the past week. When compared to the price fluctuations during the observed period of time, the 100% market capitalization movement was accompanied by a 100% change in the price of the coin. In order to get a better grasp of the current state of affairs on the market, it’s important to draw the comparison between the reviewed period and the preceding seven days when the market capitalization ranged between $10 761 519 on October 30 and $4 621 994 on November 5, which translates to a 57% change.

Price
Volatility
Capitalization
Volume
Mon 07Wed 09Fri 11Mon 07Wed 09Fri 110.0000000000.0000000020.0000000040.0000000060.0000000080.0000000000.0000000020.0000000040.0000000060.000000008
Article date: November 12 | November 6 - 12

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