The capitulation of September 5 - September 11 : Stader experienced a 16% dive.

The price of Stader was falling last from September 5 until September 11, giving enough reason to conclude that the market is bearish. The volatility associated with the SD market was medium, as were its price fluctuations. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.

While the volatility remains restrained, Stader isn't making any explosive moves. Given that the average volatility on the SD market didn't exceed 15%, the price action remained limited. The volatility of the coin reached its highest point at 17.69% during the observed period. The price of the asset had fluctuated the least on September 9, when the volatility plummeted to 0.56%. The crypto coin's market didn't put up any surprises due to mild average volatility of 15%.

Stader began the day on September 5 at $0.41, while the broad background was bearish. On September 5, the first trading session of the reviewed time period, the market participants saw SD moving up by 1%. On September 6, the price of the coin has shifted by 6% from the daily open on the back of a good trading volume. Stader posted the interim low at $0.31 on September 7 and then moved down by 17% and peaked at $0.39. The next trading session was characterized by more price action (as SD made a 5% move) on the back of the consistent trading volume. The price range of Stader on September 9 formed between $0.31 and $0.34, whereas the daily price extremities were $0.31 and $0.34. No changes were observed on the crypto coin's market on September 10. On the last day of the reviewed period, the coin was locked between $0.34 and $0.34, though the price managed to puncture these levels to reach the 24H high at $0.35 and the 24H low at $0.34. $0.31 was the bottom of price action for the week, though the price went to the high extreme at $0.42 over the same time period. Traders saw Stader covering the $0.07 distance between the weekly low and the weekly high, which constituted for a 16% move.

Over the period of the last 7 days, September 5 to September 11, Stader saw its average trading volume fluctuate between $771 410 and $482 413. In order to have a better grasp of the SD 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 $398 131 to $664 393. The average trading volume of the asset fluctuated by 15% by comparison with the previous period, whereas the price change of 16% took place over the same period of time.

The total capitalization of Bitcoin at the start of the analyzed time period (September 5) amounted to $2 931 169; by the end of that period (September 11), the capitalization went to $2 448 703. When translated to percentage rate, the market capitalization of SD over the past week adjusted by 16%. When compared to the price fluctuations during the observed period of time, the 16% market capitalization movement was accompanied by a 16% change in the price of the coin. During the week before the analyzed time frame, the market capitalization of Stader moved by 1% as it went from $2 934 932 to $2 950 600, and gave a better understanding of the general direction in which this market is flowing.

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Article date: September 11 | September 5 - 11

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