TheDAO Market Report: DAO/BTC Down -3.05% on the Day
TheDAO is down -3.05% on the day and up 4.23% on the week on a last price of 0.00022050. DAO/BTC is trading between a 24hr high of 0.00023308 and a 24hr low of 0.00021700, in a weekly down trend.
|last price||$ 00.12801583|
|one week ago||$ 00.12282553|
TheDAO tokens began trading eight days ago on May 28, 2016. Today prices were back to the 2200 level we saw as mostly a sideways price on May 30. The one week, 30 minute candlestick chart (illustrated) clearly shows a down trend which has persisted most of the week.
The lower last price does hold more potential for upside long trades. There is no margin trading on TheDAO tokens on Poloniex, making long positions arguably more readable as prices reflect what traders are willing to pay, rather than what traders are willing to short.
Launch Day TheDAO Market Report
Browse the first TheDAO Market Report published during token trading launch day:
Price change is the percentage change within the period:
Poloniex is the data source for this market report.
Market capitalization is the total $US dollar value of the TheDAO market calculated using the formula:
|Market cap||Available supply||Last price|
|$ 150,133,785||1172775159||$ 00.12801583|
Daily High Low
The weekly trend is down.
Support is the lowest price within the period:
|month||launched May 28, 2016|
Resistance is the highest price within the period:
Range is the difference in price within the period:
Market sentiment is bearish.
TheDAO is down -3.05% on the day and up 4.23% on the week. The weekly trend is down. DAO/BTC saw weekly support at 0.00019991 and weekly resistance at 0.00026079. Market sentiment is bearish.
Past history is NOT an indicator of future results. Read the legal disclaimer:
This report was printed on Sunday June 05 2016 18:21 hours UTC. Contact KittyBitcoin to request custom reports.
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