Monero Market Report: XMR/BTC Up 67.69% on the Day

Brief:


Monero is up 67.69% on the day, up 90.18% on the week and up 154.84% on the month on a last price of 0.00729995. XMR/BTC is trading between a 24hr high of 0.00938421 and a 24hr low of 0.00430000 on a 24hr volume of 30382.32831124 BTC or 4563930.07364502 XMR. The weekly trend is up.

Last price

0.00729995 XMR/BTC

$USD

last price $ 4.19
one week ago $ 2.22
percentage 88.74%

Volume

Volume

The 24 hour volume on Poloniex is 30382.32831124 BTC or 4563930.07364502 XMR.

Remarks

Monero is number one on the top BTC volume movers today:

volume-mover-top-ten

Market News
The bull run to 0.00938421 followed social media reports that Darknets had XMR slated for addition. Alphabay Market launched its first phase of Monero implementation.

A twitter user tweeted “$XMR market cap grew $34,000,000 $XMR transacted on darknet markets: $50” which suggests the meteoric price climb was a simple pump and dump:

social-media

Nonetheless, the actual price movement set what appears to be a record all time high price for Monero at 0.00938421.

Website
https://getmonero.org/

Price change

Price change is the percentage change within the period:

period change
day 67.69%
week 90.18%
month 154.84%

Featured Chart

Tap or click chart to enlarge:

chart-xmr-btc-2016-08-22

Data source

Poloniex is the data source for this market report.

Market capitalization

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

market cap = ( available supply x last price )
Market cap Available supply Last price
$ 53,287,745 12717839 $ 4.19

Daily High Low

daily high 0.00938421
daily low 0.00430000

Trend

The weekly trend is up.

trend is UP

Support

Support is the lowest price within the period:

period support
day 0.00430000
week 0.00368000
biweekly 0.00319210
month 0.00261280

Resistance

Resistance is the highest price within the period:

period resistance
day 0.00938421
week 0.00938421
biweekly 0.00938421
month 0.00938421

Margin trading

yes

The data source Poloniex offers margin trading on this digital asset.

Range

Range is the difference in price within the period:

period range
day 0.00508421
week 0.00346157
month 0.00443547

Market sentiment

Market sentiment is bullish.

sentiment bullish

Image courtesy Pixabay.com

Summary

Monero is up 67.69% on the day, up 90.18% on the week and up 154.84% on the month. The weekly trend is up. XMR/BTC saw weekly support at 0.00368000 and weekly resistance at 0.00938421. 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 Tuesday August 23 2016 00:17 hours UTC. Contact KittyBitcoin to request custom reports.

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Tags

Monero, XMR/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