Diminutive Coin analysis September 22 - September 28 : bears in all-out attack as the price collapses by 82%.

The price of Diminutive Coin was falling last from September 22 until September 28, giving enough reason to conclude that the market is bearish. DIMI has been going through a period of high 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 volatility of Diminutive Coin was at 400% on average, which caused noticeable price fluctuations. The largest volatility percentage during the given time span was 400% - it occurred on September 22. The coin saw its volatility drop to a minimum at 6.18% on September 28. When the volatility goes as high as 400%, the DIMI market tends to be erratic and hard to predict.

On September 22, the Diminutive Coin market opened at $1, preceded by a period of bearish action. The price of DIMI took a 417% up upswing at the open of the weekly trading period. The market sentiment on September 23 stayed as the coin obtained another 68%. The bulls dominated the price action during the following trading period as the price drifted 218% to the upside, having established the low for the reviewed time frame at $1.68, while the high was recorded at $5.38. The next trading session was characterized by more price action (as DIMI made a 7% move) on the back of the consistent trading volume. The price range of Diminutive Coin on September 26 formed between $3.78 and $1.13, whereas the daily price extremities were $1.1 and $3.78. The trading period on September 27 saw the crypto coin forming the price amplitude between the open at $1.13 and the close at $0.79, also interacting with $0.7 (24H low) and $0.7 (24H high). Most trading activity on September 28 occurred in the space between $0.79 and $0.92; during this time span, the immediate selling pressure forced the coin to drop to the 24H low at $0.65, though the bulls had also staged the rally to the 24H high at $0.92. Over the course of all trading sessions, the asset established the weekly low at $0.65 while buyers managed to push the price up to the weekly high at $5.38. Diminutive Coin shaped the $4.23 price range over the week of price action, which constituted the 82% gap between the weekly low and the weekly high.

Over the period of the last 7 days, September 22 to September 28, Diminutive Coin saw its average trading volume fluctuate between $0.97 and $0.98. A more comprehensive analysis of DIMI price action requires the comparison of the trading volume between September 22 and September 28 with that from the preceding week that demonstrated how the trading volume fluctuated between $0.07 and $6.59. We can draw a parallel between the change in trading volume in the previous 7 days, which constituted 0%, and the 82% price shift.

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

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Article date: September 28 | September 22 - 28

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