Documentchain exploded by 29% in the period of March 12 - March 18 as the buyers got an upper hand.

The bullish behavior of Documentchain last week was characterized by the occurrence of upswings. DMS was caught in a period of high volatility, which was reflected in its price action. 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.

According to our calculations, Documentchain experiences larger than usual price fluctuations, which translates to the average volatility percentage of 57.98% during the period under review. The volatility of the asset has reached the extreme after going as high as 57.98% - it happened on March 12. The lowest volatility for the given period was spotted on March 18 and reached 1.39%. The present volatility of 57.98% renders the DMS market unstable with the possibility of violent price swings.

During the opening day on March 12, DMS has had a 10% move to the upside. The market sentiment on March 13 stayed as the coin obtained another 15%. On March 14, the market was moving to the upside as Documentchain went 3% up from the low at $0.007 to the high at $0.0075. Over the next trading period (on March 15), DMS was moving down by 1% on the back of a congruous trading volume. The developments on the Documentchain market on March 16 started with the price opening at $0.007 and subsequently moving to $0.007, the close of the day, while dropping to the 24H low at $0.004 and spiking to the 24H high at $0.004. The trading period on March 17 saw the crypto coin forming the price amplitude between the open at $0.007 and the close at $0.005, also interacting with $0.005 (24H low) and $0.005 (24H high). Most trading activity on March 18 occurred in the space between $0.005 and $0.008; during this time span, the immediate selling pressure forced the coin to drop to the 24H low at $0.005, though the bulls had also staged the rally to the 24H high at $0.008. Over the course of all trading sessions, the asset established the weekly low at $0.004 while buyers managed to push the price up to the weekly high at $0.008. The difference between the lowest and the highest price points for the week was 29%, as the price moved in the $0.002 wide corridor.

In the period March 12 - March 18, the trading volume of Documentchain went from $23.77 on the first day of the reviewed period to $13.17 on the closing day. Over the week that came before the analyzed time span, the average trading volume of DMS ranged between $0.95 and $21.21. Percentage-wise, the trading volume of the asset changed by 86%, in comparison to the previous period, while its price experienced a 29% adjustment.

DMS 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. Documentchain market capitalization from the week before experienced no change, as a result there were no price fluctuations.

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Article date: March 18 | March 12 - 18

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