Buyers kept pushing the Divi market to the upside between September 15 and September 21 as the price increased by 8%.
Between September 15 - September 21, Divi has been mostly bullish as its price has been in the rising mode. DIVI was caught in a period of medium volatility, which was reflected in its price action. The price action on the coin's market translated to the growth of market capitalization. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.
While the volatility remains restrained, Divi isn't making any explosive moves. We established that DIVI didn't showcase any significant price action due to the market's mild average volatility of 19%. The coin was the most volatile on September 15, when the range of its price fluctuations reached 23.84%. The price of the asset had fluctuated the least on September 19, when the volatility plummeted to 2.24%. The crypto coin's market didn't put up any surprises due to mild average volatility of 19%.
The bears were dictating the terms on the Divi market on September 15 - the trading session opened at $0.02. On September 15, the first trading session of the reviewed time period, the market participants saw DIVI moving up by 4%. September 16 saw the coin going another 24% since the open, supported by the corresponding trading volume. The price range of Divi formed between $0.024 and $0.025 on September 17 as the price traveled 5% down. On September 19, DIVI market moved by 2% in the bullish direction in concert with the trading volume. The price range of Divi on September 19 formed between $0.03 and $0.02, whereas the daily price extremities were $0.024 and $0.028. On September 20, the crypto coin showcased the following price fluctuations: the trading session began at $0.02 and then traveled from the low of the day at $0.024 to the high of the day at $0.025, closing at $0.02. On the last day of the reviewed period, the coin was locked between $0.02 and $0.02, though the price managed to puncture these levels to reach the 24H high at $0.024 and the 24H low at $0.022. $0.02 was the bottom of price action for the week, though the price went to the high extreme at $0.03 over the same time period. Divi shaped the $0.002 price range over the week of price action, which constituted the 8% gap between the weekly low and the weekly high.
The trading activity on the Divi market over the past week - September 15 to September 21 - generated the average trading volume that went from $268 879 to $136 483. In order to have a better grasp of the DIVI 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 $146 096 to $476 440. The asset demonstrated an 28% change in trading volume, when compared against its performance in the past 7 days, while its price fluctuated by 8%.
Bitcoin began the observed period September 15 - September 21, with the market capitalization of $60 163 372 and finalized it at the market capitalization level of $71 469 284. The percentage change in the total market capitalization of DIVI amounted to 19%. When compared to the price fluctuations during the observed period of time, the 19% market capitalization movement was accompanied by a 8% change in the price of the coin. A better understanding of the lay of the land on the Divi market requires a comparison with the preceding week when the total market capitalization of Divi changed by 37% as it went from $44 785 006 to $60 163 372.