Down by 4% : The Stader market saw some bearish action last week (September 10 - September 16).
The bearish behavior of Stader last week was characterized by the occurrence of downswings. The price swings of SD pointed to the presence of medium volatility. 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 unfolding situation in the Stader market suggests that the reviewed digital asset is in the stage of mild volatility. The market analysis reveals that the mild average volatility of 9% restrained SD 's price swings. The volatility of the coin reached its highest point at 10.67% during the observed period. The asset has been the least volatile on September 14; at this time, the volatility stood at 0.56%. Since the volatility of 9% can be deemed as mild, the crypto coin's market can be characterised as composed.
There were no gains or losses to the SD market on September 10, it remained flat. The market sentiment on September 11 stayed as the coin obtained another 1%. The price range of Stader formed between $0.34 and $0.35 on September 12 as the price traveled 2% up. On September 14, SD market moved by 2% in the bearish direction in concert with the trading volume. After the open at $0.34, Stader moved during September 14 in the range between the said open and the close at $0.31, having posted the 24H low at $0.31 and the 24H high at $0.34. The crypto coin opened the trading session on September 15 at $0.31 and finalized it at $0.35; the highest point of price action was at $0.35, the lowest was detected at $0.31. The coin found the deepest trough (24H low) at $0.32 on September 16 and then exploded to the ceiling (24H high) at $0.36; the price range for that day was between $0.34 and $0.33. The highest point of the price action over the week was at $0.36 - the weekly low during the same period was established at $0.31. As a result of price action within the designated time period, the price movement range on the Stader market was established at $0.01 or 4% between the weekly low and the weekly high.
As for the average trading volume in the time slot between September 10 and September 16, the Stader market registered the change from $592 760 to $688 159. 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 $384 425 to $888 803. The average trading volume of the asset fluctuated by 17% by comparison with the previous period, whereas the price change of 4% took place over the same period of time.
SD 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. Stader market capitalization from the week before experienced no change, as a result there were no price fluctuations.