Siacoin Market Report: SC/BTC Drops -10.31% on the Day

Brief:


Siacoin is down -10.31% on the day, up 55.36% on the week and up 262.50% on the month on a last price of 0.00000087. SC/BTC is trading between a 24hr high of 0.00000099 and a 24hr low of 0.00000086, in a weekly up trend.

Last price

0.00000087 SC/BTC

$USD

last price $ 00.00050403
one week ago $ 00.00032443
percentage 55.36%

Remarks

Siacoin is substantively down on the day – minus 10.31% – after recent activity which saw the price spiral upwards. This event is quantified in our June 06 report:

From the June 06 2016 archive
Siacoin Market Report: SC/BTC Up 261.90% on the Month

http://allcoinsnews.com/2016/06/06/siacoin-market-report-scbtc-up-261-90-on-the-month/

The daily volume is approximately 469 BTC. This is fifth ranked of all the Poloniex BTC pair digital assets.

It remains to be seen if this latest drop is a return to lower prices, or a fleeting opportunistic dip downwards. The weekly, bi-weekly and monthly high of SC/BTC is 0.00000118. The last price is 0.00000087.

Price change

Price change is the percentage change within the period:

period change
day -10.31%
week 55.36%
month 262.50%

Chart

Tap or click chart to enlarge:

chart-siacoin-2016-06-10

Data source

Poloniex is the data source for this market report.

Market capitalization

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

market cap = ( available supply x last price )
Market cap Available supply Last price
$ 7,518,331 14916435305 $ 00.00050403

Indicators

Daily High Low

daily high 0.00000099
daily low 0.00000086

Trend

The weekly trend is up.

trend is UP

Support

Support is the lowest price within the period:

period support
day 0.00000086
week 0.00000055
biweekly 0.00000044
month 0.00000024

Resistance

Resistance is the highest price within the period:

period resistance
day 0.00000099
week 0.00000118
biweekly 0.00000118
month 0.00000118

Range

Range is the difference in price within the period:

period range
day 0.00000013
week 0.00000031
month 0.00000063

Market sentiment

Market sentiment is neutral.

sentiment neutral

Image courtesy Pixabay.com

Summary

Siacoin is down -10.31% on the day, up 55.36% on the week and up 262.50% on the month. The weekly trend is up. SC/BTC saw weekly support at 0.00000055 and weekly resistance at 0.00000118. 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 Friday June 10 2016 17:59 hours UTC. Contact KittyBitcoin to request custom reports.

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Tags

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