NEM Market Report: XEM/BTC Down -12.58% on the Day
NEM is down -12.58% on the day, down -4.62% on the week and down -29.71% on the month on a last price of 0.00000660. XEM/BTC is trading between a 24hr high of 0.00000816 and a 24hr low of 0.00000565 on a 24hr volume of 749 BTC or 106040300 XEM. The weekly trend is mixed.
|last price||$ 00.00422206|
|one week ago||$ 00.00442676|
XEM/BTC is showing good volume and upwards price movement potential. The Featured Chart doesn’t show that this digital asset has historically seen considerable volatility. This comes with the ability to bounce back. CoinMarketCap’s chart shows this bigger picture:
The all time high of 0.00010200 is a far cry from the present and modest last price of 0.00000660 BTC. The daily, weekly and biweekly highs are 0.00000816 or less. The monthly high is 0.00000977.
The recent choppy prices and strong fluctuation are not as prominent in the other attached charts. The shorter term two day chart zoomed in 2 hour increments illustrates a relatively wide price volatility combined with over 700 BTC’s of daily volume:
The latest chart is unlike months of earlier history. The recent changes including a 70 BTC price spike on October 11 2016 in a single 30 minute session could signal significant price inflation possibilities.
Price change is the percentage change within the period:
Poloniex is the data source for this market report.
Market capitalization is the total $US dollar value of the NEM market calculated using the formula:
|Market cap||Available supply||Last price|
|$ 37,998,540||8999999999||$ 00.00422206|
Daily High Low
The weekly trend is mixed.
Support is the lowest price within the period:
Resistance is the highest price within the period:
The data source Poloniex does NOT offer margin trading on this digital asset.
Range is the difference in price within the period:
Market sentiment is neutral.
NEM is down -12.58% on the day, down -4.62% on the week and down -29.71% on the month. The weekly trend is mixed. XEM/BTC saw weekly support at 0.00000550 and weekly resistance at 0.00000816. Market sentiment is neutral.
Past history is NOT an indicator of future results. Read the legal disclaimer:
This report was printed on Wednesday October 12 2016 08:26 hours UTC. Contact KittyBitcoin to request custom reports.
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