ARC Governance exploded by 14% in the period of September 5 - September 11 as the buyers got an upper hand.

The upward movement of the ARC Governance price last week indicates the chosen market is bullish. ARCX was caught in a period of medium volatility, which was reflected in its price action. The market capitalization of the asset has been increasing in concert with the price of the coin. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.

The volatility has been suppressed, as the ARC Governance price action suggests. The market analysis reveals that the mild average volatility of 13% restrained ARCX 's price swings. The coin was the most volatile on September 5, when the range of its price fluctuations reached 15.53%. 0.02% was the rock bottom for the asset's volatility that was reached on September 9. Due to the fact that the crypto coin has been modestly volatile, the market is unlikely to demonstrate any aggressive price swings.

The losses of ARCX after the weekly open on September 5 amounted to 1%. The 3% move in the downward direction took place on the second day after the weekly open. On September 7, the market was moving to the upside as ARC Governance went 1% up from the low at $0.075 to the high at $0.08. The trading volume on September 8 rendered support to the 9% bearish move of ARCX. The price range of ARC Governance on September 9 formed between $0.08 and $0.09, whereas the daily price extremities were $0.08 and $0.09. The crypto coin opened the trading session on September 10 at $0.09 and finalized it at $0.09; the highest point of price action was at $0.09, the lowest was detected at $0.09. On the last day of the reviewed period, the coin was locked between $0.09 and $0.09, though the price managed to puncture these levels to reach the 24H high at $0.09 and the 24H low at $0.09. Over the course of all trading sessions, the asset established the weekly low at $0.07 while buyers managed to push the price up to the weekly high at $0.09. The difference between the lowest and the highest price points for the week was 14%, as the price moved in the $0.01 wide corridor.

As for the average trading volume in the time slot between September 5 and September 11, the ARC Governance market registered the change from $557 to $1 646. During the week before September 5, the trading volume of ARCX flowed from $149 to $12 087. The asset demonstrated an 27% change in trading volume, when compared against its performance in the past 7 days, while its price fluctuated by 14%.

Bitcoin began the observed period September 5 - September 11, with the market capitalization of $2 948 907 and finalized it at the market capitalization level of $3 342 617. The rate of percentage change for the last week for ARCX was 13%. While the market capitalization of the coin was altered by 13%, its price has made a 14% change. A more precise analysis of the ARC Governance market also requires a comparison with the change in market capitalization from the week before, which amounted to 21% on the back of the move from $2 456 227 to $2 983 935.

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Article date: September 11 | September 5 - 11

Market reviews for similar coins for September 5 - 11