Coins
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SW DAO
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2022-09-16

Market analysis September 10 - September 16 : SW DAO posts a 16% rally.

The upward movement of the SW DAO price last week indicates the chosen market is. The volatility of SWD 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 past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.

The unfolding situation in the SW DAO market suggests that the reviewed digital asset is in the stage of mild volatility. The market analysis reveals that the mild average volatility of 14% restrained SWD 's price swings. The largest volatility for the given period occurred on September 10 and amounted to 16.05%. The asset's volatility was at its lowest on September 14 when it dropped to 0%. Since the volatility of 14% can be deemed as mild, the crypto coin's market can be characterised as composed.

The trading session on September 10 started with SW DAO opening at $2.06 on the backdrop of neutral sentiment throughout the market. The losses of SWD after the weekly open on September 10 amounted to 4%. On September 11 the coin market stayed neutral, with no changes in the price. The cautious traders dominated the price action on September 12, with the SW DAO market remaining flat. The SWD market was up as the price shifted by 1% on September 13, against the backdrop of the sufficient trading volume. The price oscillation of SW DAO on September 14 was in the $1.97 - $1.93 range; at the same time, the price stretched out to reach the 24H low at $1.93 and the 24H high at $1.98. The trading period on September 15 saw the crypto coin forming the price amplitude between the open at $1.92 and the close at $2.24, also interacting with $1.92 (24H low) and $1.92 (24H high). September 16 presented us with the following price action data: the coin opened the period at $2.25 and went on to establish the low at $2.24 and the high of the day at $2.3 before closing the day at $2.29. The highest point of the price action over the week was at $2.3 - the weekly low during the same period was established at $1.92. SW DAO shaped the $0.32 price range over the week of price action, which constituted the 16% gap 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 SW DAO market registered the change from $1.62 to $2. To understand a bigger picture, we need to match the numbers from last week with the week before that, when the SWD market had its volume ranging between $0.12 and $264. We can draw a parallel between the change in trading volume in the previous 7 days, which constituted 62%, and the 16% price shift.

The total market capitalization of SW DAO during the past 7-day oscillated between $826 501, the starting point that was established on September 10, and $901 957 on September 16, the end date of the reviewed period. SWD experienced a 9% change in total market capitalization throughout the past seven days. While the market capitalization of the coin was altered by 9%, its price has made a 16% change. The comparison with the SW DAO market capitalization seen during the time period September 3 - September 9 that occurred before the observed one, which changed by 24%, from $1 088 553 to $825 435, allows us to get a clearer understanding of current market conditions.

Price
Volatility
Capitalization
Volume
Sep 11Tue 13Thu 15Sep 11Tue 13Thu 151.902.002.102.202.301.902.002.102.202.30
Article date: September 16 | September 10 - 16

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