September 9 - September 15 market wrap: Leeds United Fan Token had a slight 4% drop.
Between September 9 - September 15, Leeds United Fan Token has been mostly as its price has been in the falling mode. The situation on the LUFC market shows that the underlying asset is currently experiencing a period of medium volatility. The price action on the coin's market translated to the growth of market capitalization. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.
The unfolding situation in the Leeds United Fan Token market suggests that the reviewed digital asset is in the stage of mild volatility. The market analysis reveals that the mild average volatility of 10% restrained LUFC 's price swings. The highest point of the coin's volatility reached 13.29% in the analyzed time frame. The asset's volatility was at its lowest on September 13 when it dropped to 1.23%. Due to the fact that the crypto coin has been modestly volatile, the market is unlikely to demonstrate any aggressive price swings.
While the overall situation on the Leeds United Fan Token market was neutral, the trading session on September 9 kicked off at the $1.44 price level. During the opening day on September 9, LUFC has had a 13% move to the upside. The market sentiment on September 10 stayed as the coin obtained another 3%. Leeds United Fan Token posted the interim low at $1.55 on September 11 and then moved up by 6% and peaked at $1.75. The trading volume on September 12 rendered support to the 1% bearish move of LUFC. The price range of Leeds United Fan Token on September 13 formed between $1.61 and $1.64, whereas the daily price extremities were $1.54 and $1.67. The price action on September 14 saw the crypto coin moving along the following route: starting point at $1.61 and closing point at $1.5, while it also deviated to establish the high of the day at $1.65 and the low of the day at $1.48. September 15 presented us with the following price action data: the coin opened the period at $1.49 and went on to establish the low at $1.48 and the high of the day at $1.59 before closing the day at $1.56. $1.44 was the bottom of price action for the week, though the price went to the high extreme at $1.75 over the same time period. As a result of price action within the designated time period, the price movement range on the Leeds United Fan Token market was established at $0.06 or 4% between the weekly low and the weekly high.
The trading activity on the Leeds United Fan Token market over the past week - September 9 to September 15 - generated the average trading volume that went from $206 830 to $219 488. Over the week that came before the analyzed time span, the average trading volume of LUFC ranged between $214 114 and $283 979. We can draw a parallel between the change in trading volume in the previous 7 days, which constituted 2%, and the 4% price shift.
The total capitalization of Bitcoin at the start of the analyzed time period (September 9) amounted to $1 453 387; by the end of that period (September 15), the capitalization went to $1 526 672. LUFC experienced a 5% change in total market capitalization throughout the past seven days. While the market capitalization of the coin was altered by 5%, its price has made a 4% change. A more precise analysis of the Leeds United Fan Token market also requires a comparison with the change in market capitalization from the week before, which amounted to 6% on the back of the move from $1 579 537 to $1 490 808.