Altcoins

Factom Market Report: FCT Up 9.26% on the Day

Brief:


Factom is up 9.26% on the day, down -23.77% on the week and down -37.20% on the month. The symbol pair is FCT/BTC:

Last price

.00163897 FCTBTC

$USD

last price $ 00.88
one week ago $ 00.90
percentage -2.22%

Remarks

This is our first market report for Factom, symbol FCT. Of all altcoins FCT is ranked number eighteen for market capitalization on CoinMarketCap.com.

We’re looking at FCT today in part because of the large daily percentage increase in Factom price. On the Poloniex Trollbox a user suggested the reason for the price rise was that a newbie looked at a two day old source code commit and bought 100 BTC worth of FCT. This is unconfirmed. A look at the chart data shows 103.20 BTC was traded in a single fifteen minute trading session at 22:45 UTC June 01 2016. The source is the Poloniex 24 hour chart displayed in fifteen minute candlesticks.

On their website factom.org it states “Factom – A Scalable Data Layer for the Blockchain” and “Factom is using the technology behind bitcoin to change how businesses manage data and keep records.” Businesses and governments can use Factom to simplify records management, record business processes, and address security and compliance issues.

Learn more
http://factom.org/

Live Poloniex chart
https://poloniex.com/exchange#btc_fct

Price change

Price change is the percentage change within the period:

period change
day 9.26%
week -23.77%
month -37.20%

Chart

Tap or click chart to enlarge:

chart-factom-2016-06-01

Data source

Poloniex is the data source for this market report.

Market capitalization

Market capitalization is the total $US dollar value of the Factom market calculated using the formula:

market cap = ( available supply x last price )
Market cap Available supply Last price
$ 7,702,833 8753219 $ 00.88

Indicators

Daily High Low

daily high .00182000
daily low .00141112

Trend

The weekly trend is sideways.

trend is SIDEWAYS

Support

Support is the lowest price within the period:

period support
day .00141112
week .00120
biweekly .00120
month .00120

Resistance

Resistance is the highest price within the period:

period resistance
day .00182000
week .00221
biweekly .00277
month .00277

Range

Range is the difference in price within the period:

period range
day 0.00040888
week -0.00051103
month -0.00097103

Market sentiment

Market sentiment is neutral.

sentiment neutral

Image courtesy Pixabay.com

Summary

Factom is up 9.26% on the day, down -23.77% on the week and down -37.20% on the month. The weekly trend is sideways. FCTBTC saw weekly support at .00120 and weekly resistance at .00221. Market sentiment is neutral.

Disclaimer

Past history is NOT an indicator of future results. Read the legal disclaimer:

http://kittybitcoin.com/docs/disclaimer.php

Printed

This report was printed on Thursday June 02 2016 03:45 hours UTC. Contact KittyBitcoin to request custom reports.

Coming soon

Thanks for reading! 🙂

Tags

Factom, Poloniex, FCTBTC, Brief, Last price, Remarks, Price change, Chart, Data source, Market capitalization, Indicators, Daily high low, Trend, Support, Resistance, Range, Market sentiment, Summary, Disclaimer, Printed, Coming soon, cryptocurrency, bitcoins, BTC, altcoins, investing, trading, speculation, coins, investment, digital, assets, tags

@KittyBitcoin supplies mobile friendly blockchain intelligence on http://kittybitcoin.com. Their favorite color is pink and the bigger the wool ball the better.
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