Buyers weakened their grip on the Tenset market (September 6 - September 12) as the price rose only by 5%.
Between September 6 - September 12, Tenset has been mostly as its price has been in the rising mode. 10SET was caught in a period of low volatility, which was reflected in its price action. 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 current state of affairs on the cryptocurrency market allows us to draw the conclusion that Tenset is now going through the cycle of low volatility. With the average volatility being as low as 0.87%, 10SET was incapable of making any sizable price swings. Despite the overall weak performance, the volatility of the coin had its highest point at 5.53%. The asset experienced the period of lowest volatility on September 11 when it fell to 0.87%. The volatility of 0.87% is too low for the crypto coin to engage in any attention-worthy price action.
While the overall situation on the Tenset market was neutral, the trading session on September 6 kicked off at the $2.29 price level. On September 6, the first trading session of the reviewed time period, the market participants saw 10SET moving down by 3%. The 4% move in the downward direction took place on the second day after the weekly open. The cautious traders dominated the price action on September 8, with the Tenset market remaining flat. Over the next trading period (on September 9), 10SET was moving up by 5% on the back of a congruous trading volume. Tenset finalized the trading day of September 10 at $2.27 after opening it at $2.25, though the price broke through that corridor to hit the 24H high at $2.31 and the 24H low at $2.25. No changes were observed on the crypto coin's market on September 11. The coin's market saw no changes on September 12, as the market flatlined. The asset posted the weekly low at $2.12, while the top of the weekly trading session was registered at $2.34. As a result of price action within the designated time period, the price movement range on the Tenset market was established at $0.11 or 5% between the weekly low and the weekly high.
Over the period of the last 7 days, September 6 to September 12, Tenset saw its average trading volume fluctuate between $1 055 180 and $347 813. A more comprehensive analysis of 10SET price action requires the comparison of the trading volume between September 6 and September 12 with that from the preceding week that demonstrated how the trading volume fluctuated between $148 792 and $1 371 157. The asset demonstrated an 23% change in trading volume, when compared against its performance in the past 7 days, while its price fluctuated by 5%.
10SET 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. Tenset market capitalization from the week before experienced no change, as a result there were no price fluctuations.