Counterparty Market Report: XCP/BTC Up 55.67% on the Month

Brief:


Counterparty is up 18.80% on the day, up 22.63% on the week and up 55.67% on the month on a last price of 0.00364990. XCP/BTC is trading between a 24hr high of 0.00450000 and a 24hr low of 0.00290708, in a weekly up trend. It is near a monthly high.

Last price

0.00364990 XCP/BTC

$USD

last price $ 2.1321
one week ago $ 1.7686
percentage 20.55%

Remarks

Today @CounterpartyXCP announced an @ethereumproject virtual machine for smart contracts creation on the bitcoin blockchain. The news sent the XCP price upwards.

XCP Price History
The largest XCP price event on the Poloniex all time Counterparty chart (not shown) is a peak on November 13 of 2014 which reached a high of 0.01850010 on a 4 hour candlestick volume of 1650.876 XCP.

The monthly chart (illustrated) shows XCP trading at roughly two levels in the last month; the last part of May 2016 near 0.00310 or higher, and the first part of June 2016 near 0.00280 or higher.

More recently we have seen a steep increase in price to 0.00364990 and this is within the historical trading range however the 18.80% daily increase is considerable over such a short period of time.

The price is near a monthly high of 0.00529800.

Learn more
Counterparty is a platform for free and open financial tools on the Bitcoin network:

http://counterparty.io/

Price change

Price change is the percentage change within the period:

period change
day 18.80%
week 22.63%
month 55.67%

Chart

Tap or click chart to enlarge:

chart-counterparty-2016-06-08

Data source

Poloniex is the data source for this market report.

Market capitalization

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

market cap = ( available supply x last price )
Market cap Available supply Last price
$ 5,600,536 2626770 $ 2.1321

Indicators

Daily High Low

daily high 0.00450000
daily low 0.00290708

Trend

The weekly trend is up.

trend is UP

Support

Support is the lowest price within the period:

period support
day 0.00290708
week 0.00277686
biweekly 0.00216801
month 0.00216801

Resistance

Resistance is the highest price within the period:

period resistance
day 0.00450000
week 0.00450000
biweekly 0.00450000
month 0.00529800

Range

Range is the difference in price within the period:

period range
day 0.00159292
week 0.00067359
month 0.00130521

Market sentiment

Market sentiment is bullish.

sentiment bullish

Image courtesy Pixabay.com

Summary

Counterparty is up 18.80% on the day, up 22.63% on the week and up 55.67% on the month. The weekly trend is up. XCP/BTC saw weekly support at 0.00277686 and weekly resistance at 0.00450000. Market sentiment is bullish.

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 Wednesday June 08 2016 22:43 hours UTC. Contact KittyBitcoin to request custom reports.

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Tags

Counterparty, Poloniex, XCP/BTC, 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