Last week’s (September 28 - October 4) irresolute Dope Wars Paper : the price moved up no more than 3%.

The analysis of last week’s price action shows that the Dope Wars Paper market is in the phase since the price has been moving upward. The situation on the PAPER market shows that the underlying asset is currently experiencing a period of medium volatility. There has been a fall in the market capitalization of the asset during the period under review. The price action of the crypto coin last week took place on the back of decreased trading volume.

While the volatility remains restrained, Dope Wars Paper isn't making any explosive moves. Our comprehensive data indicates that the price change of PAPER has been moderate on the back of the average volatility of 10% for the given time period. The highest point of the coin's volatility reached 11.43% in the analyzed time frame. On October 2, the volatility of the asset was at its minimum at 1.5%. The crypto coin's market didn't put up any surprises due to mild average volatility of 10%.

The losses of PAPER after the weekly open on September 28 amounted to 11%. September 29 saw the coin going another 7% since the open, supported by the corresponding trading volume. During the following trading period on September 30, the price of Dope Wars Paper oscillated between the low at $0.0025 and the high at $0.0028, while the price moved down by 2%. The PAPER market was up as the price shifted by 1% on October 1, against the backdrop of the sufficient trading volume. The price oscillation of Dope Wars Paper on October 2 was in the $0.002 - $0.003 range; at the same time, the price stretched out to reach the 24H low at $0.0024 and the 24H high at $0.0025. The crypto coin opened the trading session on October 3 at $0.003 and finalized it at $0.002; the highest point of price action was at $0.0025, the lowest was detected at $0.0024. Between the 24H high at $0.0027 and the 24H low at $0.0024, the coin was traded in the $0.002 - $0.003 price corridor. The asset posted the weekly low at $0.0023, while the top of the weekly trading session was registered at $0.0029. Dope Wars Paper shaped the $0.00009 price range over the week of price action, which constituted the 3% gap between the weekly low and the weekly high.

The trading activity on the Dope Wars Paper market over the past week - September 28 to October 4 - generated the average trading volume that went from $19 236 to $766. In order to have a better grasp of the PAPER market, it’s necessary to compare the stats from the analyzed period with those from the week before, when the trading volume had gone from $7 144 to $32 381. Percentage-wise, the trading volume of the asset changed by 27%, in comparison to the previous period, while its price experienced a 3% adjustment.

Bitcoin began the observed period September 28 - October 4, with the market capitalization of $2 561 065 and finalized it at the market capitalization level of $2 197 128. PAPER experienced a 14% change in total market capitalization throughout the past seven days. When compared to the price fluctuations during the observed period of time, the 14% market capitalization movement was accompanied by a 3% change in the price of the coin. In order to get a better grasp of the current state of affairs on the market, it’s important to draw the comparison between the reviewed period and the preceding seven days when the market capitalization ranged between $4 195 151 on September 21 and $2 434 505 on September 27, which translates to a 42% change.

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Article date: October 4 | September 28 - October 4

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