Tenset slid down by 3% last week (September 3 - September 9) as the sellers pushed back.
Between September 3 - September 9, Tenset has been mostly bearish as its price has been in the falling mode. 10SET has been going through a period of medium volatility, which fell in line with the occurred price changes. There has been a fall in the market capitalization of the asset during the period under review. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
The price action of Tenset has been contained due to modest volatility. During the reviewed period, the volatility of 10SET was in the middle register, averaging at 5%. The most significant volatility occurred on September 3 and reached 5.53%. The asset's volatility was at its lowest on September 7 when it dropped to 0.43%. The crypto coin's market didn't put up any surprises due to mild average volatility of 5%.
The price of 10SET took a 1% up upswing at the open of the weekly trading period. The price action of the coin remained bullish on September 4 as the bulls pushed the price up by 2%. During the next trading day, the rate of change in the price of Tenset stood at 2% having reached the low at $2.26 and the high at $2.38 as the advantage remained on the side of sellers. The 10SET market was down as the price shifted by 3% on September 6, against the backdrop of the sufficient trading volume. The price oscillation of Tenset on September 7 was in the $2.23 - $2.15 range; at the same time, the price stretched out to reach the 24H low at $2.12 and the 24H high at $2.23. No changes were observed on the crypto coin's market on September 8. September 9 presented us with the following price action data: the coin opened the period at $2.19 and went on to establish the low at $2.16 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 $2.38 - the weekly low during the same period was established at $2.12. As a result of price action within the designated time period, the price movement range on the Tenset market was established at $0.06 or 3% between the weekly low and the weekly high.
Over the period of the last 7 days, September 3 to September 9, Tenset saw its average trading volume fluctuate between $148 792 and $1 414 703. In order to have a better grasp of the 10SET 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 $339 740 to $1 371 157. The asset demonstrated an 7% change in trading volume, when compared against its performance in the past 7 days, while its price fluctuated by 3%.
The total market capitalization of Tenset during the past 7-day oscillated between $437 340 446, the starting point that was established on September 3, and $406 522 500 on September 9, the end date of the reviewed period. 10SET experienced a 7% change in total market capitalization throughout the past seven days. The price of the coin changed by 3% on the back of the 7% shift in its total market capitalization. During the week before the analyzed time frame, the market capitalization of Tenset moved by 9% as it went from $478 742 205 to $433 651 053, and gave a better understanding of the general direction in which this market is flowing.