A 13% price appreciation seen on the Documentchain market between March 14 and March 20.

The upward movement of the Documentchain price last week indicates the chosen market is bullish. The volatility associated with the DMS market was high, as were its price fluctuations. 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.

We have established that the average volatility of Documentchain was at 57.98% in concert with its rapid price change. The largest volatility percentage during the given time span was 57.98% - it occurred on March 14. The coin's market was the least volatile on March 20 when this particular metric didn’t exceed 0.23%. The high volatility of 57.98% points to the possibility of unpredictable and violent price action.

The trading session on March 14 started with Documentchain opening at $0.007 on the backdrop of bullish sentiment throughout the market. The first day of price action was marked by the 3% move to the upside from the point where the trading session opened. March 15 saw the coin going another 1% since the open, supported by the corresponding trading volume. The bulls dominated the price action during the following trading period as the price drifted 2% to the upside, having established the low for the reviewed time frame at $0.004, while the high was recorded at $0.007. On March 18, DMS market moved by 31% in the bearish direction in concert with the trading volume. Documentchain finalized the trading day of March 18 at $0.008 after opening it at $0.005, though the price broke through that corridor to hit the 24H high at $0.008 and the 24H low at $0.005. On March 19, the crypto coin showcased the following price fluctuations: the trading session began at $0.008 and then traveled from the low of the day at $0.008 to the high of the day at $0.008, closing at $0.008. Between the 24H high at $0.008 and the 24H low at $0.005, the coin was traded in the $0.008 - $0.008 price corridor. The price action on the asset's market during the period between March 14 and March 20 topped at $0.008, while the bottom of the price range was established at $0.004. Traders saw Documentchain covering the $0.0009 distance between the weekly low and the weekly high, which constituted for a 13% move.

In the period March 14 - March 20, the trading volume of Documentchain went from $18.62 on the first day of the reviewed period to $4.49 on the closing day. We can draw the comparison with the period of 7 days that preceded the reviewed one when DMS ’s trading volume varied from $1.55 to $23.77. The asset demonstrated an 0% change in trading volume, when compared against its performance in the past 7 days, while its price fluctuated by 13%.

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 20 | March 14 - 20

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