TheDAO Market Report: Down -48.83% on the Month

Brief:


TheDAO is down -45.33% on the day, down -41.42% on the week and down -48.83% on the month on a last price of 0.00013298. DAO/BTC is trading between a 24hr high of 0.00025500 and a 24hr low of 0.00007100, in a weekly down trend.

Last price

0.00013298 DAO/BTC

$USD

last price $ 00.10063789
one week ago $ 00.17178369
percentage -41.42%

Remarks

Poloniex Exchange ‏@Poloniex 2 hours ago tweeted: “Due to the events re:the DAO, we are seeing unprecedented traffic. We are working as quickly as we can to restore connectivity for all users”. Service was restored swiftly after a brief loss of access. Over 7000 users were online at the time.

The Bitcoin BTC/USDT price plunged on June 17 2016 at 05:00 hours UTC. The weighted average 30 minutes later was $722.21, down from a Poloniex 24 hour high of $770.99999999. The price of ether started sliding lower one hour later at about 6:00 hours UTC. Ether soon slid to a 24 hour low of $13.00000000 in ETH/USDT and as low as 0.01722000 in ETH/BTC. The 24 hour high was 0.02798924.

TheDAO (DAO/BTC) felt the first resulting shockwaves at about 7:30 UTC. It dropped from a 24 hour high of 0.00025500 to a 24 hour low of 0.00007100. The one week chart illustrates the depth of the drop in 2 hour candlesticks.

Price change

Price change is the percentage change within the period:

period change
day -45.33%
week -41.42%
month -48.83%

Chart

Tap or click chart to enlarge:

chart-thedao-2016-06-17

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
$ 118,025,617 1172775159 $ 00.10063789

Indicators

Daily High Low

daily high 0.00025500
daily low 0.00007100

Trend

The weekly trend is down.

trend is DOWN

Support

Support is the lowest price within the period:

period support
day 0.00007100
week 0.00007100
biweekly 0.00007100
month 0.00007100

Resistance

Resistance is the highest price within the period:

period resistance
day 0.00025500
week 0.00025800
biweekly 0.00025800
month 0.00033500

Margin trading

no

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 0.00018400
week -0.00009401
month -0.00012692

Market sentiment

Market sentiment is bearish.

sentiment bearish

Image courtesy Pixabay.com

Summary

TheDAO is down -45.33% on the day, down -41.42% on the week and down -48.83% on the month. The weekly trend is down. DAO/BTC saw weekly support at 0.00007100 and weekly resistance at 0.00025800. Market sentiment is bearish.

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 17 2016 20:16 hours UTC. Contact KittyBitcoin to request custom reports.

Coming soon

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Tags

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