LAW retraces by 1% in the period January 16 - January 22 as the market turns slightly bearish.

The downward movement of the LAW price last week indicates the chosen market is. The situation on the LAW market shows that the underlying asset is currently experiencing a period of medium volatility. 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.

LAW has been moving reservedly on the backdrop of average volatility. During the reviewed period, the volatility of LAW was in the middle register, averaging at 8%. The volatility of the coin reached its highest point at 9.11% during the observed period. The asset's volatility was at its lowest on January 20 when it dropped to 0.69%. The bulls and the bears appear to be remaining in deadlock as the average volatility of the crypto coin was no higher than 8%.

There were no gains or losses to the LAW market on January 16, it remained flat. The 1% move in the downward direction took place on the second day after the weekly open. The cautious traders dominated the price action on January 18, with the LAW market remaining flat. The LAW market was down as the price shifted by 3% on January 19, against the backdrop of the sufficient trading volume. The price range of LAW on January 20 formed between $0.11 and $0.11, whereas the daily price extremities were $0.111 and $0.115. The price action on January 21 saw the crypto coin moving along the following route: starting point at $0.12 and closing point at $0.12, while it also deviated to establish the high of the day at $0.13 and the low of the day at $0.12. Between the 24H high at $0.125 and the 24H low at $0.121, the coin was traded in the $0.12 - $0.12 price corridor. During the reviewed time period, the asset was able to achieve the weekly high at $0.13, though at a certain point, the bear pressurized the price down to the weekly low at $0.11. LAW shaped the $0.0007 price range over the week of price action, which constituted the 1% gap between the weekly low and the weekly high.

As for the average trading volume in the time slot between January 16 and January 22, the LAW market registered the change from $42.63 to $103. To understand a bigger picture, we need to match the numbers from last week with the week before that, when the LAW market had its volume ranging between $2.03 and $63.75. Percentage-wise, the trading volume of the asset changed by 30%, in comparison to the previous period, while its price experienced a 1% adjustment.

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

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Article date: January 22 | January 16 - 22

Market reviews for similar coins for January 16 - 22