Altcoins

Monero Market Report: XMR/BTC Up 305.91% on the Month

Brief:


Monero is up 0.30% on the day, down -7.50% on the week and up 305.91% on the month on a last price of 0.01588988. XMR/BTC is trading between a 24hr high of 0.01632612 and a 24hr low of 0.01480000 on a 24hr volume of 6534 BTC or 417393 XMR. The weekly trend is mixed.

Last price

0.01588988 XMR/BTC

$USD

last price $ 9.51
one week ago $ 12.31
percentage -22.75%

Volume

Volume

The 24 hour volume on Poloniex is 6534.97785163 BTC or 417393.20670351 XMR.

Remarks

The Featured Chart shows a month of XMR/BTC in 4 hour candlesticks. The digital asset climbed for two weeks beginning on August 22 2016. The price topped out at 0.0265 on September 03. The day saw 28,379 BTC (of Monero) change hands which on the day’s weighted average of $594.97 per BTC is an approximate value of $16,870,464.00. A gross 0.15% commission on the value works out roughly to $253,056.00. Not bad for one digital asset – but its a tough business as Bitfinex might counsel.

The ensuing two week period saw a steady decline of XMR/BTC which is clearly visible in the two week chart below:

Zoom: 2 weeks Candlesticks: 4 hours
chart-xmrbtc-2weeks-2016-09-17

Notwithstanding the steady decline we have seen an exchange topping volume for much of the XMR performance persisting over several weeks. Here we are on September 17 and still seeing a whopping statistic of up 305.91% on the month. The sheer volume staying power – and mixed trend price volatility – is remarkable, and unlike any other digital asset.

Monero Market Report Archive
Gain insight into the historical performance of Monero. Browse our extensive collection of XMR/BTC Market Reports

Price change

Price change is the percentage change within the period:

period change
day 0.30%
week -7.50%
month 305.91%

Featured Chart

Tap or click chart to enlarge:

chart-xmrbtc-zoom-1month-candlesticks-4hours-2016-09-17

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
$ 122,872,738 12920372 $ 9.51

Daily High Low

daily high 0.01632612
daily low 0.01480000

Trend

The weekly trend is mixed.

trend is MIXED

Support

Support is the lowest price within the period:

period support
day 0.01480000
week 0.01440100
biweekly 0.01440100
month 0.00376868

Resistance

Resistance is the highest price within the period:

period resistance
day 0.01632612
week 0.01992198
biweekly 0.02370612
month 0.02650000

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 0.00152612
week -0.00128899
month 0.01197529

Market sentiment

Market sentiment is neutral.

sentiment neutral

Image courtesy Pixabay.com

Summary

Monero is up 0.30% on the day, down -7.50% on the week and up 305.91% on the month. The weekly trend is mixed. XMR/BTC saw weekly support at 0.01440100 and weekly resistance at 0.01992198. 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 Sunday September 18 2016 04:16 hours UTC. Contact KittyBitcoin to request custom reports.

Coming soon

Thanks for reading! 🙂

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

@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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