The capitulation of September 14 - September 20 : Tenset experienced a 40% dive.
Between September 14 - September 20, 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. The asset saw its market capitalization falling over the reviewed period together with its price. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
The unfolding situation in the Tenset market suggests that the reviewed digital asset is in the stage of mild volatility. Our comprehensive data indicates that the price change of 10SET has been moderate on the back of the average volatility of 14% for the given time period. The coin was the most volatile on September 14, when the range of its price fluctuations reached 19.02%. 1.6% was the rock bottom for the asset's volatility that was reached on September 18. Due to the fact that the crypto coin has been modestly volatile, the market is unlikely to demonstrate any aggressive price swings.
On September 14, the Tenset market opened at $2.2, preceded by a period of bearish action. The 22% move in the downward direction took place on the second day after the weekly open. The price range of Tenset formed between $1.61 and $1.75 on September 16 as the price traveled 2% down. 10SET ’s performance during September 17 was the following: the price declined by 9% in conjunction with the acceptable trading volume. The price oscillation of Tenset on September 18 was in the $1.5 - $1.31 range; at the same time, the price stretched out to reach the 24H low at $1.31 and the 24H high at $1.5. The price action on September 19 saw the crypto coin moving along the following route: starting point at $1.31 and closing point at $1.25, while it also deviated to establish the high of the day at $1.31 and the low of the day at $1.19. On the last day of the reviewed period, the coin was locked between $1.28 and $1.23, though the price managed to puncture these levels to reach the 24H high at $1.31 and the 24H low at $1.22. The highest point of the price action over the week was at $2.25 - the weekly low during the same period was established at $1.19. Tenset bounced 40% between the low of the week and the peak price for the same time period, ultimately creating a price range of $0.82.
The trading activity on the Tenset market over the past week - September 14 to September 20 - generated the average trading volume that went from $1 243 426 to $1 423 346. During the week before September 14, the trading volume of 10SET flowed from $347 813 to $1 421 689. The asset demonstrated an 40% change in trading volume, when compared against its performance in the past 7 days, while its price fluctuated by 40%.
The total market capitalization of Tenset during the past 7-day oscillated between $403 986 979, the starting point that was established on September 14, and $235 884 455 on September 20, the end date of the reviewed period. 10SET experienced a 42% change in total market capitalization throughout the past seven days. When compared to the price fluctuations during the observed period of time, the 42% market capitalization movement was accompanied by a 40% change in the price of the coin. A better understanding of the lay of the land on the Tenset market requires a comparison with the preceding week when the total market capitalization of Tenset changed by 5% as it went from $408 864 136 to $403 986 979.