LAW retraces by 1% in the period March 7 - March 13 as the market turns slightly bearish.
The price of LAW was falling last from March 7 until March 13, giving enough reason to conclude that the market is bearish. LAW has been going through a period of medium volatility, which fell in line with the occurred price changes. 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.
The price action of LAW has been contained due to modest volatility. Given that the average volatility on the LAW market didn't exceed 9%, the price action remained limited. The coin was the most volatile on March 7, when the range of its price fluctuations reached 11.42%. The price of the asset had fluctuated the least on March 11, when the volatility plummeted to 1.22%. The bulls and the bears appear to be remaining in deadlock as the average volatility of the crypto coin was no higher than 9%.
LAW began the day on March 7 at $0.1, while the broad background was bearish. The losses of LAW after the weekly open on March 7 amounted to 1%. March 8 saw the coin going another 4% since the open, supported by the corresponding trading volume. LAW posted the interim low at $0.092 on March 9 and then moved down by 2% and peaked at $0.095. LAW ’s performance during March 10 was the following: the price declined by 4% in conjunction with the acceptable trading volume. The developments on the LAW market on March 11 started with the price opening at $0.09 and subsequently moving to $0.09, the close of the day, while dropping to the 24H low at $0.08 and spiking to the 24H high at $0.08. The crypto coin opened the trading session on March 12 at $0.09 and finalized it at $0.09; the highest point of price action was at $0.088, the lowest was detected at $0.084. As for the occurrences on March 13, the price of the coin bottomed at $0.09 and peaked at $0.1, while its daily range formed between $0.09 and $0.1. Over the course of all trading sessions, the asset established the weekly low at $0.08 while buyers managed to push the price up to the weekly high at $0.1. The difference between the lowest and the highest price points for the week was 1%, as the price moved in the $0.001 wide corridor.
As for the average trading volume in the time slot between March 7 and March 13, the LAW market registered the change from $108 to $689. In order to have a better grasp of the LAW 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 $83.3 to $694. Percentage-wise, the trading volume of the asset changed by 47%, 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.