Coins
/
Stader
/
2022-09-17

Buyers kept pushing the Stader market to the upside between September 11 and September 17 as the price increased by 6%.

The behavior of Stader last week was characterized by the occurrence of upswings. SD was caught in a period of medium volatility, which was reflected in its price action. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The price action of the crypto coin from last week stemmed from the decreasing trading volume.

The price action of Stader has been contained due to modest volatility. Our comprehensive data indicates that the price change of SD has been moderate on the back of the average volatility of 10% for the given time period. The most significant volatility occurred on September 11 and reached 10.84%. The asset saw its volatility drop to the lowest level for the given period on September 15 as it shrank to 0.56%. The bulls and the bears appear to be remaining in deadlock as the average volatility of the crypto coin was no higher than 10%.

The first day of price action was marked by the 1% move to the upside from the point where the trading session opened. The market sentiment on September 12 stayed bullish as the coin obtained another 2%. The bears dominated the price action during the following trading period as the price drifted 2% to the downside, having established the low for the reviewed time frame at $0.32, while the high was recorded at $0.35. The trading volume on September 14 rendered support to the 8% bearish move of SD. After the open at $0.31, Stader moved during September 15 in the range between the said open and the close at $0.35, having posted the 24H low at $0.31 and the 24H high at $0.35. The price action on September 16 saw the crypto coin moving along the following route: starting point at $0.34 and closing point at $0.33, while it also deviated to establish the high of the day at $0.36 and the low of the day at $0.32. On the last day of the reviewed period, the coin was locked between $0.32 and $0.37, though the price managed to puncture these levels to reach the 24H high at $0.37 and the 24H low at $0.32. The price action on the asset's market during the period between September 11 and September 17 topped at $0.37, while the bottom of the price range was established at $0.31. Stader shaped the $0.02 price range over the week of price action, which constituted the 6% gap between the weekly low and the weekly high.

Stader ’s average trading volume on the opening day of the observed time period, September 11, stood at $482 413, while on the closing day of the same period, it moved to $765 390. A more comprehensive analysis of SD price action requires the comparison of the trading volume between September 11 and September 17 with that from the preceding week that demonstrated how the trading volume fluctuated between $384 425 and $888 803. The 12% trading volume fluctuation between September 11 and September 17, as compared with the previous period, served as a basis for a 6% price move.

The past week saw the market capitalization of Stader making a shift from $2 448 703 on September 11 to $2 327 715 on September 17, the peak for the analyzed period. When translated to percentage rate, the market capitalization of SD over the past week adjusted by 5%. The said 5% percentage change in market capitalization of the coin was accompanied by the 6% fluctuation in the price of the underlying asset. A better understanding of the lay of the land on the Stader market requires a comparison with the preceding week when the total market capitalization of Stader changed by 20% as it went from $2 950 600 to $2 448 703.

Price
Volatility
Capitalization
Volume
Sep 11Tue 13Thu 15Sat 17Sep 11Tue 13Thu 15Sat 170.3100.3200.3300.3400.3500.3600.3700.3100.3200.3300.3400.3500.3600.370
Article date: September 17 | September 11 - 17

Market reviews for similar coins for September 11 - 17