Bearish response: The LAW price melts by 2% between March 23 and March 29.
The price of LAW was falling last from March 23 until March 29, giving enough reason to conclude that the market is. The situation on the LAW market shows that the underlying asset is currently experiencing a period of low 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.
The price action of LAW is in a stalemate due to low volatility during the observed period. The average volatility of LAW was as low as 0.05%, causing the dull price action. 2.89% was the maximum volatility that the coin managed to showcase on March 27. The asset experienced the period of lowest volatility on March 28 when it fell to 0.05%. The volatility of 0.05% is too low for the crypto coin to engage in any attention-worthy price action.
The price of LAW took a 6% up upswing at the open of the weekly trading period. March 24 saw the coin going another 2% since the open, supported by the corresponding trading volume. During the following trading period on March 25, the price of LAW oscillated between the low at $0.1 and the high at $0.1, while the price moved down by 1%. On March 26, the value of LAW was in the range, with the market remaining flat. March 27 kicked off with LAW trading opening at $0.1 and then closing the session at $0.09, establishing the 24H low at $0.093 and 24H high at $0.096 in the process. No changes were observed on the crypto coin's market on March 28. March 29 presented us with the following price action data: the coin opened the period at $0.09 and went on to establish the low at $0.094 and the high of the day at $0.097 before closing the day at $0.1. During the reviewed time period, the asset was able to achieve the weekly high at $0.1, though at a certain point, the bear pressurized the price down to the weekly low at $0.09. LAW bounced 2% between the low of the week and the peak price for the same time period, ultimately creating a price range of $0.002.
LAW ’s average trading volume on the opening day of the observed time period, March 23, stood at $199, while on the closing day of the same period, it moved to $15.46. A more comprehensive analysis of LAW price action requires the comparison of the trading volume between March 23 and March 29 with that from the preceding week that demonstrated how the trading volume fluctuated between $46.14 and $364. The asset demonstrated an 117% change in trading volume, when compared against its performance in the past 7 days, while its price fluctuated by 2%.
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.