The bears stepped up a gear on September 8 - September 14, dropping the price of Tenset by 6%.

The bearish behavior of Tenset last week was characterized by the occurrence of downswings. 10SET 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 Tenset has been contained due to modest volatility. The market analysis reveals that the mild average volatility of 7% restrained 10SET 's price swings. The most significant volatility occurred on September 8 and reached 7.24%. The asset's volatility was at its lowest on September 12 when it dropped to 0.87%. The mild volatility during the period of review allowed the price of the crypto coin to remain stable and predictable.

There were no gains or losses to the 10SET market on September 8, it remained flat. The market sentiment on September 9 stayed as the coin obtained another 5%. During the next trading day, the rate of change in the price of Tenset stood at 1% having reached the low at $2.25 and the high at $2.31 as the advantage remained on the side of buyers. On September 11, the value of 10SET was in the range, with the market remaining flat. On September 12, Tenset finished the trading day with no changes to the flatlined market. The price action on September 13 saw the crypto coin moving along the following route: starting point at $2.33 and closing point at $2.21, while it also deviated to establish the high of the day at $2.33 and the low of the day at $2.21. As for the occurrences on September 14, the price of the coin bottomed at $1.98 and peaked at $2.25, while its daily range formed between $2.2 and $2.05. The asset posted the weekly low at $1.98, while the top of the weekly trading session was registered at $2.34. The difference between the lowest and the highest price points for the week was 6%, as the price moved in the $0.12 wide corridor.

As for the average trading volume in the time slot between September 8 and September 14, the Tenset market registered the change from $1 332 467 to $1 243 426. 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 $148 792 to $1 371 157. The 22% trading volume fluctuation between September 8 and September 14, as compared with the previous period, served as a basis for a 6% price move.

The total market capitalization of Tenset during the past 7-day oscillated between $408 256 615, the starting point that was established on September 8, and $403 986 979 on September 14, the end date of the reviewed period. The percentage change in the total market capitalization of 10SET amounted to 1%. The 1% change in the coin's market capitalization affected the price rate that saw a 6% shift in the same time period. Tenset ’s market capitalization from the week before changed by 9%, as the result of fluctuation between $449 980 509 and $408 256 615, to give a clearer vision of the current state of the market.

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Article date: September 14 | September 8 - 14

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