Altcoins

TheDao Market Report: Up 13.27% on the Day

Brief:


TheDAO is up 13.27% on the day, up 8.41% on the week and down -7.68% on the month on a last price of 0.00023995. DAO/BTC is trading between a 24hr high of 0.00024000 and a 24hr low of 0.00020642, in a weekly sideways trend.

Last price

0.00023995 DAO/BTC

$USD

last price $ 00.16624441
one week ago $ 00.15335086
percentage 8.41%

Remarks

On a day when many altcoin markets are reeling from the increase in BTC price to $682.33 TheDAO is performing well up 13.27% on the day. The news isn’t all good however because looking at the two week chart (illustrated) suggests this is a largely sideways movement in the larger time period nothwithstanding today’s increase.

The one month four hour candlestick chart (not shown) while it has highs and lows has essentially flat-lined for several weeks. Today’s upturn could signify a substantive change in this direction. Notably TheDAO is still down -7.68% on the month suggesting there is potential for a continued upwards price movement.

Price change

Price change is the percentage change within the period:

period change
day 13.27%
week 8.41%
month -7.68%

Chart

Tap or click chart to enlarge:

chart-thedao-2016-06-13

Data source

Poloniex is the data source for this market report.

Market capitalization

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

market cap = ( available supply x last price )
Market cap Available supply Last price
$ 194,967,314 1172775159 DAO $ 00.16624441

Indicators

Daily High Low

daily high 0.00024000
daily low 0.00020642

Trend

The weekly trend is sideways.

trend is SIDEWAYS

Support

Support is the lowest price within the period:

period support
day 0.00020642
week 0.00019987
biweekly 0.00019987
month 0.00018000

Resistance

Resistance is the highest price within the period:

period resistance
day 0.00024000
week 0.00024328
biweekly 0.00026079
month 0.00033500

Margin trading

checkmark-no-stop

The data source Poloniex does NOT offer margin trading on this digital asset.

Range

Range is the difference in price within the period:

period range
day 0.00003358
week 0.00001861
month -0.00001995

Market sentiment

Market sentiment is neutral.

sentiment neutral

Image courtesy Pixabay.com

Summary

TheDAO is up 13.27% on the day, up 8.41% on the week and down -7.68% on the month. The weekly trend is sideways. DAO/BTC saw weekly support at 0.00019987 and weekly resistance at 0.00024328. 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 Monday June 13 2016 18:30 hours UTC. Contact KittyBitcoin to request custom reports.

Coming soon

Watch for our next Bitcoin & Ethereum Market Reports coming soon – or browse reports:

Thanks for reading! 🙂

Tags

TheDAO, Poloniex, DAO/BTC, Brief, Last price, Remarks, Price change, Chart, Data source, Market capitalization, Indicators, Daily high low, Trend, Support, Resistance, Margin trading, 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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