Steem Market Report: STEEM/BTC Up 14.77% on the Day

Brief:


Steem is up 14.77% on the day, up 4.80% on the week and down -54.46% on the month on a last price of 0.00273327. STEEM/BTC is trading between a 24hr high of 0.00324694 and a 24hr low of 0.00235500 on a 24hr volume of 696 BTC or 261568 STEEM. The weekly trend is mixed.

Last price

0.00273327 STEEM/BTC

$USD

last price $ 1.56
one week ago $ 1.48
percentage 5.41%

Volume

Volume

The 24 hour volume on Poloniex is 696.67666213 BTC or 261568.18151848 STEEM.

Remarks

We have seen about a month long downtrend since launch July 19 2016. However, the next chart encompassing 24 hours looks entirely different and even suggests a bullish trend with price volatile, spiking, and above both moving averages:

detail-steem zoom: 24 hours candlesticks: 15 minutes

Top ten volume mover
Steem is a top ten volume mover today. It is ranked number six on a volume of 696 BTC and is up 15.45%:

volume-mover-top-ten

Price change

Price change is the percentage change within the period:

period change
day 14.77%
week 4.80%
since launch July 19 2016 -54.46%

Chart

Tap or click chart to enlarge:

chart-steem-btc-poloniex-2016-08-17 All time Poloniex chart since launch July 19 2016

Data source

Poloniex is the data source for this market report.

Market capitalization

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

market cap = ( available supply x last price )
Market cap Available supply Last price
$ 181,827,900 116556346 $ 1.56

Daily High Low

daily high 0.00324694
daily low 0.00235500

Trend

The weekly trend is mixed.

trend is MIXED

Support

Support is the lowest price within the period:

period support
day 0.00235500
week 0.00226254
biweekly 0.00226254
since launch July 19 2016 0.00120000

Resistance

Resistance is the highest price within the period:

period resistance
day 0.00324694
week 0.00324694
biweekly 0.00402929
since launch July 19 2016 0.00717070

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 0.00089194
week 0.00012513
since launch July 19 2016 -0.00326803

Market sentiment

Market sentiment is neutral.

sentiment neutral

Image courtesy Pixabay.com

Summary

Steem is up 14.77% on the day, up 4.80% on the week and down -54.46% on the month. The weekly trend is mixed. STEEM/BTC saw weekly support at 0.00226254 and weekly resistance at 0.00324694. 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 Wednesday August 17 2016 17:26 hours UTC. Contact KittyBitcoin to request custom reports.

Coming soon

Thanks for reading! 🙂

Tags

Steem, STEEM/BTC, Poloniex, Brief, Last price, Volume, 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