Stader market outlook from September 14 - September 20 :the price surges by 17%.
The upward movement of the Stader price last week indicates the chosen market is. The volatility of SD has been medium throughout the reviewed period in correspondence with the price action. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.
The price action of Stader has been contained due to modest volatility. Given that the average volatility on the SD market didn't exceed 9%, the price action remained limited. The volatility of the coin reached its highest point at 10.84% during the observed period. The asset saw its volatility drop to the lowest level for the given period on September 18 as it shrank to 0.45%. Since the volatility of 9% can be deemed as mild, the crypto coin's market can be characterised as composed.
While the overall situation on the Stader market was neutral, the trading session on September 14 kicked off at the $0.34 price level. During the opening day on September 14, SD has had a 8% move to the downside. The market sentiment on September 15 stayed as the coin obtained another 11%. On September 16, the market was moving to the downside as Stader went 3% down from the low at $0.32 to the high at $0.36. Over the next trading period (on September 17), SD was moving up by 13% on the back of a congruous trading volume. The price range of Stader on September 18 formed between $0.37 and $0.35, whereas the daily price extremities were $0.34 and $0.38. The trading period on September 19 saw the crypto coin forming the price amplitude between the open at $0.35 and the close at $0.35, also interacting with $0.33 (24H low) and $0.33 (24H high). On the last day of the reviewed period, the coin was locked between $0.35 and $0.37, though the price managed to puncture these levels to reach the 24H high at $0.37 and the 24H low at $0.35. The asset posted the weekly low at $0.31, while the top of the weekly trading session was registered at $0.38. Stader shaped the $0.05 price range over the week of price action, which constituted the 17% gap between the weekly low and the weekly high.
The trading activity on the Stader market over the past week - September 14 to September 20 - generated the average trading volume that went from $396 879 to $385 808. We can draw the comparison with the period of 7 days that preceded the reviewed one when SD ’s trading volume varied from $384 425 to $888 803. We can draw a parallel between the change in trading volume in the previous 7 days, which constituted 7%, and the 17% price shift.
The total market capitalization of Stader during the past 7-day oscillated between $2 414 667, the starting point that was established on September 14, and $2 542 725 on September 20, the end date of the reviewed period. When translated to percentage rate, the market capitalization of SD over the past week adjusted by 5%. While the market capitalization of the coin was altered by 5%, its price has made a 17% change. During the week before the analyzed time frame, the market capitalization of Stader moved by 3% as it went from $2 535 160 to $2 454 706, and gave a better understanding of the general direction in which this market is flowing.