Documentchain market outlook from March 13 - March 19 :the price surges by 17%.
Between March 13 - March 19, Documentchain has been mostly bullish as its price has been in the rising mode. The volatility of DMS has been high throughout the reviewed period in correspondence with the 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.
The considerable chops and changes in the price of Documentchain resulted in average volatility of 57.98%. The peak of the asset's volatility fell on March 13 after it went all the way to 57.98%. On March 19, the coin's volatility was at its minimum level of 1.39%. The present volatility of 57.98% is indicative of unstable market conditions.
On March 13, the first trading session of the reviewed time period, the market participants saw DMS moving up by 15%. The market sentiment on March 14 stayed bullish as the coin obtained another 3%. During the following trading period on March 15, the price of Documentchain oscillated between the low at $0.0071 and the high at $0.0073, while the price moved down by 1%. The DMS market was up as the price shifted by 2% on March 16, against the backdrop of the sufficient trading volume. After the open at $0.007, Documentchain moved during March 17 in the range between the said open and the close at $0.005, having posted the 24H low at $0.005 and the 24H high at $0.008. On March 18, the crypto coin showcased the following price fluctuations: the trading session began at $0.005 and then traveled from the low of the day at $0.005 to the high of the day at $0.008, closing at $0.008. On the last day of the reviewed period, the coin was locked between $0.008 and $0.008, though the price managed to puncture these levels to reach the 24H high at $0.008 and the 24H low at $0.008. $0.004 was the bottom of price action for the week, though the price went to the high extreme at $0.008 over the same time period. Traders saw Documentchain covering the $0.001 distance between the weekly low and the weekly high, which constituted for a 17% move.
The past 7 days were marked by a change in average daily trading volume from $5.29 on March 13 to $4.38 on March 19. A more comprehensive analysis of DMS price action requires the comparison of the trading volume between March 13 and March 19 with that from the preceding week that demonstrated how the trading volume fluctuated between $1.55 and $23.77. The 9% trading volume fluctuation between March 13 and March 19, as compared with the previous period, served as a basis for a 17% price move.
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.