Dope Wars Paper analysis September 24 - September 30 : bears in all-out attack as the price collapses by 21%.

Between September 24 - September 30, Dope Wars Paper has been mostly as its price has been in the falling mode. The volatility of PAPER has been high throughout the reviewed period in correspondence with the price action. The price action on the coin's market translated to the decline of market capitalization. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.

The volatility of Dope Wars Paper was at 27.12% on average, which caused noticeable price fluctuations. The largest volatility percentage during the given time span was 27.12% - it occurred on September 24. The volatility of the coin fell to its lowest on September 30 when it slid to 1.5%. The high volatility of 27.12% points to the possibility of unpredictable and violent price action.

On September 24, the first trading session of the reviewed time period, the market participants saw PAPER moving up by 6%. September 25 saw the coin going another 26% since the open, supported by the corresponding trading volume. The price range of Dope Wars Paper formed between $0.0023 and $0.0027 on September 26 as the price traveled 15% up. The next trading session was characterized by more price action (as PAPER made a 8% move) on the back of the consistent trading volume. September 28 kicked off with Dope Wars Paper trading opening at $0.003 and then closing the session at $0.003, establishing the 24H low at $0.0023 and 24H high at $0.0029 in the process. While the 24H high and low on September 29 were at $0.0028 and $0.0024, respectively, the crypto coin had been traded in the area between the open at $0.002 and the close at $0.003. As for the occurrences on September 30, the price of the coin bottomed at $0.0025 and peaked at $0.0028, while its daily range formed between $0.003 and $0.003. During the reviewed time period, the asset was able to achieve the weekly high at $0.003, though at a certain point, the bear pressurized the price down to the weekly low at $0.002. Traders saw Dope Wars Paper covering the $0.0007 distance between the weekly low and the weekly high, which constituted for a 21% move.

Dope Wars Paper ’s average trading volume on the opening day of the observed time period, September 24, stood at $7 144, while on the closing day of the same period, it moved to $15 005. During the week before September 24, the trading volume of PAPER flowed from $1 693 to $138 473. The 56% trading volume fluctuation between September 24 and September 30, as compared with the previous period, served as a basis for a 21% price move.

Dope Wars Paper had its total market capitalization change from $2 744 325 on September 24 to $2 287 886 on September 30, the end of the examined time frame. The percentage change in the total market capitalization of PAPER amounted to 17%. When compared to the price fluctuations during the observed period of time, the 17% market capitalization movement was accompanied by a 21% change in the price of the coin. During the week before the analyzed time frame, the market capitalization of Dope Wars Paper moved by 36% as it went from $2 164 666 to $2 934 380, and gave a better understanding of the general direction in which this market is flowing.

Price
Volatility
Capitalization
Volume
Sep 25Tue 27Thu 29Sep 25Tue 27Thu 290.002400.002600.002800.003000.003200.002400.002600.002800.003000.00320
Article date: September 30 | September 24 - 30

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