Leeds United Fan Token exploded by 12% in the period of September 7 - September 13 as the buyers got an upper hand.
The price of Leeds United Fan Token was rising last from September 7 until September 13, giving enough reason to conclude that the market is. The price swings of LUFC pointed to the presence of medium volatility. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
The volatility has been suppressed, as the Leeds United Fan Token price action suggests. Given that the average volatility on the LUFC market didn't exceed 10%, the price action remained limited. The most significant volatility occurred on September 7 and reached 13.29%. The asset has been the least volatile on September 11; at this time, the volatility stood at 1.23%. The bulls and the bears appear to be remaining in deadlock as the average volatility of the crypto coin was no higher than 10%.
On September 7, the Leeds United Fan Token market opened at $1.48, preceded by a period of neutral action. On September 7, the first trading session of the reviewed time period, the market participants saw LUFC moving down by 1%. The coin market was down by 3% on September 8, the second day of the reviewed time period. The bulls dominated the price action during the following trading period as the price drifted 13% to the upside, having established the low for the reviewed time frame at $1.44, while the high was recorded at $1.67. The next trading session was characterized by more price action (as LUFC made a 3% move) on the back of the consistent trading volume. After the open at $1.57, Leeds United Fan Token moved during September 11 in the range between the said open and the close at $1.66, having posted the 24H low at $1.55 and the 24H high at $1.75. The price action on September 12 saw the crypto coin moving along the following route: starting point at $1.64 and closing point at $1.62, while it also deviated to establish the high of the day at $1.71 and the low of the day at $1.56. Most trading activity on September 13 occurred in the space between $1.61 and $1.64; during this time span, the immediate selling pressure forced the coin to drop to the 24H low at $1.54, though the bulls had also staged the rally to the 24H high at $1.67. The price action on the asset's market during the period between September 7 and September 13 topped at $1.75, while the bottom of the price range was established at $1.42. Leeds United Fan Token shaped the $0.17 price range over the week of price action, which constituted the 12% gap between the weekly low and the weekly high.
The trading activity on the Leeds United Fan Token market over the past week - September 7 to September 13 - generated the average trading volume that went from $225 989 to $240 250. In order to have a better grasp of the LUFC 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 $215 690 to $283 979. The 7% change in trading volume in the asset's market, compared to last week, supported the price movement that allowed the cryptocurrency to alter its value by 12%.
The total market capitalization of Leeds United Fan Token during the past 7-day oscillated between $1 428 770, the starting point that was established on September 7, and $1 602 528 on September 13, the end date of the reviewed period. The rate of percentage change for the last week for LUFC was 12%. The price of the coin changed by 12% on the back of the 12% shift in its total market capitalization. During the week before the analyzed time frame, the market capitalization of Leeds United Fan Token moved by 4% as it went from $1 486 264 to $1 547 970, and gave a better understanding of the general direction in which this market is flowing.