The torpid LAW had its price rise only by 4% last week (January 17 - January 23).

Between January 17 - January 23, LAW has been mostly bullish as its price has been in the rising mode. 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. Given that the average volatility on the LAW market didn't exceed 8%, the price action remained limited. The largest volatility for the given period occurred on January 17 and amounted to 9.11%. 0.69% was the rock bottom for the asset's volatility that was reached on January 21. The bulls and the bears appear to be remaining in deadlock as the average volatility of the crypto coin was no higher than 8%.

The losses of LAW after the weekly open on January 17 amounted to 1%. On January 18 the coin market stayed neutral, with no changes in the price. During the following trading period on January 19, the price of LAW oscillated between the low at $0.112 and the high at $0.117, while the price moved down by 3%. The LAW market was up as the price shifted by 2% on January 20, against the backdrop of the sufficient trading volume. After the open at $0.12, LAW moved during January 21 in the range between the said open and the close at $0.12, having posted the 24H low at $0.12 and the 24H high at $0.13. The crypto coin opened the trading session on January 22 at $0.12 and finalized it at $0.12; the highest point of price action was at $0.125, the lowest was detected at $0.121. Most trading activity on January 23 occurred in the space between $0.12 and $0.13; during this time span, the immediate selling pressure forced the coin to drop to the 24H low at $0.12, though the bulls had also staged the rally to the 24H high at $0.13. The highest point of the price action over the week was at $0.13 - the weekly low during the same period was established at $0.11. LAW shaped the $0.004 price range over the week of price action, which constituted the 4% gap between the weekly low and the weekly high.

LAW ’s average trading volume on the opening day of the observed time period, January 17, stood at $16.93, while on the closing day of the same period, it moved to $25.58. We can draw the comparison with the period of 7 days that preceded the reviewed one when LAW ’s trading volume varied from $2.03 to $63.75. Percentage-wise, the trading volume of the asset changed by 3%, in comparison to the previous period, while its price experienced a 4% 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 23 | January 17 - 23

Market reviews for similar coins for January 17 - 23