...And yet another week has passed by...
Let's start with the price and volume chart of DeepOnion coin, for this week
Two things are immediately noticed. A first phase of a flat trend, in the first days of the week, followed by a sudden increase in price.
The second thing you notice is the stabilization of the new price. We have therefore gone from a value of about 2.5 $ on December 14-16, to the price of about $ 3.5 on December 17-21, albeit with large fluctuations.
The peak was reached 1 day ago, with a maximum of almost 5 $. Pretty impressive for such a young coin.
It seems that the new minimum of $ 3 has only been touched once and that the price seems to stabilize around $ 3 and 50.
The thing that most stands out from the chart is the speed at wich we went from 2.5$ to 3.5$-4$. The rise took place in just one day, and then stopped.
It felt like a short and planned explosion to the sky, that took the price to a new standard.
The next airdrops that will take place on Friday and Sunday will certainly bring new jolts to the market and the chart of DeepOnion, but if the trend of the crypto market were to remain unchanged, we can expect a similar chart in the next week, with stabilization and then increase phases of price.
We just have to wait.
disclaimer: I am not giving financial advice, I write only in my spare time and I am not a trader nor a financial advisor, but only a fan of cryptocurrencies. Invest at your own risk