Waltonchain market stayed flat from March 8 - March 14.

Waltonchain portrayed neutral behavior last week, with no changes in the price. The volatility of WTC has been medium throughout the reviewed period in correspondence with the price action. The asset saw its market capitalization falling over the reviewed period together with its price. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.

Waltonchain has been moving reservedly on the backdrop of average volatility. We established that WTC didn't showcase any significant price action due to the market's mild average volatility of 6%. The coin was the most volatile on March 8, when the range of its price fluctuations reached 7.35%. 0.02% was the rock bottom for the asset's volatility that was reached on March 12. The bulls and the bears appear to be remaining in deadlock as the average volatility of the crypto coin was no higher than 6%.

On March 8, the Waltonchain market opened at $0.22, preceded by a period of bearish action. The first day of price action was marked by the 5% move to the downside from the point where the trading session opened. The market sentiment on March 9 stayed bearish as the coin obtained another 4%. During the next trading day, the rate of change in the price of Waltonchain stood at 6% having reached the low at $0.18 and the high at $0.2 as the advantage remained on the side of sellers. On March 11, the value of WTC was in the range, with the market remaining flat. Waltonchain finalized the trading day of March 12 at $0.19 after opening it at $0.18, though the price broke through that corridor to hit the 24H high at $0.19 and the 24H low at $0.18. The crypto coin opened the trading session on March 13 at $0.19 and finalized it at $0.21; the highest point of price action was at $0.21, the lowest was detected at $0.19. On the last day of the reviewed period, the coin was locked between $0.2 and $0.21, though the price managed to puncture these levels to reach the 24H high at $0.22 and the 24H low at $0.2. Throughout the reviewed time period, no changes were observed on the asset's market. There was no difference between the lowest and highest price points for the observed week, with the Waltonchain market flatlining.

In the period March 8 - March 14, the trading volume of Waltonchain went from $2 109 233 on the first day of the reviewed period to $2 220 429 on the closing day. We can draw the comparison with the period of 7 days that preceded the reviewed one when WTC ’s trading volume varied from $992 837 to $8 280 332. The asset demonstrated an 45% change in trading volume, when compared against its performance in the past 7 days, while its price fluctuated by 0%.

The past week saw the market capitalization of Waltonchain making a shift from $6 178 023 on March 8 to $5 959 267 on March 14, the peak for the analyzed period. Percentage-wise, the market capitalization of WTC has shifted by 4% in the past week. The price of the coin changed by 0% on the back of the 4% shift in its total market capitalization. Waltonchain ’s market capitalization from the week before changed by 2%, as the result of fluctuation between $6 831 067 and $6 178 023, to give a clearer vision of the current state of the market.

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Article date: March 14 | March 8 - 14

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