XDC Network

XDC Network market stayed flat from September 1 - September 7.

XDC Network portrayed neutral behavior last week, with no changes in the price. The situation on the XDC market shows that the underlying asset is currently experiencing a period of low volatility. 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 volatility is low on the XDC Network market, as the latest data suggests. The data derived from our credible sources shows that the average volatility of XDC didn't exceed 0.34%, which is indicative of weak price action. Despite the overall weak performance, the volatility of the coin had its highest point at 3.84%. The calmest period on the asset's market was registered on September 6, when the volatility failed to exceed 0.34%. Since the current volatility of the crypto coin is low, we expect the price fluctuations of the digital asset at hand to be insignificant.

On September 1, the XDC Network market opened at $0.03, preceded by a period of bearish action. On September 1, the first trading session of the reviewed time period, the market participants saw XDC moving down by 2%. The market sentiment on September 2 stayed as the coin obtained another 1%. The bulls dominated the price action during the following trading period as the price drifted 1% to the upside, having established the low for the reviewed time frame at $0.026, while the high was recorded at $0.026. On September 5, XDC market moved by 2% in the bullish direction in concert with the trading volume. The developments on the XDC Network market on September 5 started with the price opening at $0.03 and subsequently moving to $0.03, the close of the day, while dropping to the 24H low at $0.026 and spiking to the 24H high at $0.026. The activity on the crypto coin's market on September 6 resulted in the asset being traded between $0.03, the open of the day, and $0.03, the close of the day; at some point, the price spiked to the daily high at $0.027 and briefly dropped to the daily low at $0.025. The coin found the deepest trough (24H low) at $0.024 on September 7 and then exploded to the ceiling (24H high) at $0.026; the price range for that day was between $0.03 and $0.03. Throughout the reviewed time period, no changes were observed on the asset's market. There was no difference between the lowest and highest price points for the observed week, with the XDC Network market flatlining.

XDC Network ’s average trading volume on the opening day of the observed time period, September 1, stood at $2 623 032, while on the closing day of the same period, it moved to $2 472 808. In order to have a better grasp of the XDC 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 $3 017 133 to $11 066 092. We can draw a parallel between the change in trading volume in the previous 7 days, which constituted 51%, and the 0% price shift.

XDC 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. XDC Network market capitalization from the week before experienced no change, as a result there were no price fluctuations.

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Article date: September 7 | September 1 - 7

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