Altcoins

PotCoin Market Report: POT/BTC Down -41.38% on the Day

Brief:


PotCoin is down -41.38% on the day, up 134.17% on the week and up 548.46% on the month on a last price of 0.00001686. POT/BTC is trading between a 24hr high of 0.00003790 and a 24hr low of 0.00001444 on a 24hr volume of 4961 BTC or 206623125 POT. The weekly trend is mixed.

Last price

0.00001686 POT/BTC

$USD

last price $ 00.01077449
one week ago $ 00.00460121
percentage 134.17%

Volume

Volume

The 24 hour volume on Poloniex is 4961.67882355 BTC / 206623125.76882858 POT.

Remarks

PotCoin has seen remarkable new highs attained in recent days, and is now settling back down to last week’s prices.

We first tipped off our readers to the initial rise in PotCoin price on September 26 when the price was just 0.00000534 BTC. The previous report is here. Since then POT/BTC climbed to a monthly and alltime high of 0.00006904 BTC amidst strong daily volume – sometimes exceeding 10,000 BTC.

At least one whale placed large buy orders (for example a single transaction in excess of 60 BTC) and cancelled them at the last moment, sending prices cascading upwards towards the inevitable dump, repeated many times. Price was highly volatile.

The buying may be mostly over for now, but the all time high was memorable, and today’s price deflation could open new opportunity.

CoinMarketCap.com
This is CoinMarketCap’s all time view of POT/BTC including the most recent all time high price spike:

coinmarketcap-potcoin

Price change

Price change is the percentage change within the period:

period change
day -41.38%
week 134.17%
month 548.46%

Chart

Tap or click chart to enlarge:

chart-pot-btc-1w-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 PotCoin market calculated using the formula:

market cap = ( available supply x last price )
Market cap Available supply Last price
$ 2,310,151 214409273 $ 00.01077449

Daily High Low

daily high 0.00003790
daily low 0.00001444

Trend

The weekly trend is mixed.

trend is MIXED

Support

Support is the lowest price within the period:

period support
day 0.00001444
week 0.00000690
biweekly 0.00000440
month 0.00000237

Resistance

Resistance is the highest price within the period:

period resistance
day 0.00003790
week 0.00006904
biweekly 0.00006904
month 0.00006904

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 0.00002346
week 0.00000966
month 0.00001426

Market sentiment

Market sentiment is bearish.

sentiment bearish

Image courtesy Pixabay.com

Summary

PotCoin is down -41.38% on the day, up 134.17% on the week and up 548.46% on the month. The weekly trend is mixed. POT/BTC saw weekly support at 0.00000690 and weekly resistance at 0.00006904. Market sentiment is bearish.

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 07:36 hours UTC. Contact KittyBitcoin to request custom reports.

Coming soon

Thanks for reading! 🙂

Tags

PotCoin, POT/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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