NEM

NEM Market Report: XEM/BTC Down -12.58% on the Day

Brief:


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

0.00000660 XEM/BTC

$USD

last price $ 00.00422206
one week ago $ 00.00442676
percentage -4.62%

Volume

Volume

The 24 hour volume on Poloniex is 749.21234521 BTC or 106040300.81267028 XEM.

Remarks

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:

CoinMarketCap.com
coinmarketcap-nem

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:

Two Day Chart
chart-xem-btc-2day-30minute-2016-10-12

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

Price change is the percentage change within the period:

period change
day -12.58%
week -4.62%
month -29.71%

Featured Chart

Tap or click chart to enlarge:

chart-xem-btc-1m-2hr-2016-10-12

Data source

Poloniex is the data source for this market report.

Market capitalization

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

market cap = ( available supply x last price )
Market cap Available supply Last price
$ 37,998,540 8999999999 $ 00.00422206

Daily High Low

daily high 0.00000816
daily low 0.00000565

Trend

The weekly trend is mixed.

trend is MIXED

Support

Support is the lowest price within the period:

period support
day 0.00000565
week 0.00000550
biweekly 0.00000462
month 0.00000462

Resistance

Resistance is the highest price within the period:

period resistance
day 0.00000816
week 0.00000816
biweekly 0.00000816
month 0.00000977

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 0.00000251
week -0.00000032
month -0.00000279

Market sentiment

Market sentiment is neutral.

sentiment neutral

Image courtesy Pixabay.com

Summary

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.

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 October 12 2016 08:26 hours UTC. Contact KittyBitcoin to request custom reports.

Coming soon

Thanks for reading! 🙂

Tags

NEM, XEM/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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