TRON sees limited 1% gains between August 29 and September 4 as the market cools down.

Between August 29 - September 4, TRON has been mostly as its price has been in the rising mode. TRX has been going through a period of low volatility, which fell in line with the occurred price changes. The price action on the coin's market translated to the growth of market capitalization. The price action of the crypto coin last week took place on the back of increased trading volume.

The price action of TRON is in a stalemate due to low volatility during the observed period. The average volatility of TRX was as low as 0.09%, causing the dull price action. Despite the overall weak performance, the volatility of the coin had its highest point at 2.31%. The calmest period on the asset's market was registered on September 3, when the volatility failed to exceed 0.09%. Since the crypto coin is displaying low levels of volatility, the price action is likely to remain feeble.

The gains of TRX after the weekly open on August 29 amounted to 1%. The 2% move in the upward direction took place on the second day after the weekly open. TRON posted the interim low at $0.064 on August 31 and then moved down by 2% and peaked at $0.066. The next trading session was characterized by more price action (as TRX made a 2% move) on the back of the consistent trading volume. On September 2, TRON finished the trading day with no changes to the flatlined market. The activity on the crypto coin's market on September 3 resulted in the asset being traded between $0.06, the open of the day, and $0.06, the close of the day; at some point, the price spiked to the daily high at $0.063 and briefly dropped to the daily low at $0.062. The coin found the deepest trough (24H low) at $0.063 on September 4 and then exploded to the ceiling (24H high) at $0.064; the price range for that day was between $0.06 and $0.06. $0.061 was the bottom of price action for the week, though the price went to the high extreme at $0.066 over the same time period. As a result of price action within the designated time period, the price movement range on the TRON market was established at $0.0006 or 1% between the weekly low and the weekly high.

The trading activity on the TRON market over the past week - August 29 to September 4 - generated the average trading volume that went from $209 539 336 to $186 599 249. During the week before August 29, the trading volume of TRX flowed from $286 471 262 to $463 579 850. Percentage-wise, the trading volume of the asset changed by 12%, in comparison to the previous period, while its price experienced a 1% adjustment.

TRON had its total market capitalization change from $5 703 366 496 on August 29 to $5 838 234 403 on September 4, the end of the examined time frame. 2% was the calculated percentage change for the TRX market over the past week. As a consequence of the 2% fluctuation in its market capitalization, the price of the coin changed by 1%. During the week before the analyzed time frame, the market capitalization of TRON moved by 5% as it went from $6 132 041 029 to $5 823 556 629, and gave a better understanding of the general direction in which this market is flowing.

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Article date: September 4 | August 29 - September 4

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