Altcoins

NavCoin Market Report: NAV/BTC Up 45.08% on the Week

Brief:


NavCoin is down -1.44% on the day, up 45.08% on the week and up 4.85% on the month on a last price of 0.00008870. NAV/BTC is trading between a 24hr high of 0.00009300 and a 24hr low of 0.00008504 on a 24hr volume of 387 BTC or 4320554 NAV. The weekly trend is up.

Last price

0.00008870 NAV/BTC

$USD

last price $ 00.05
one week ago $ 00.04
percentage 25.00%

Volume

Volume

The 24 hour volume on Poloniex is 387.28618904 BTC or 4320554.52183975 NAV.

Remarks

NAV/BTC has been on a week long rally creating significant wealth for those who bought low or traded heavily, posting a weekly gain in excess of 45%. The weekly low was seen on October 18 2016 with a price of about 0.00006101 BTC. Since then the price has steadily climbed in mixed trading with daily profit taking sessions rising to an October 24 high of 0.00009300 BTC. This is not the month high.

The monthly high of 0.00009400 BTC was set on September 25th on a volume of 225 BTC. Today’s volume was about 384 BTC.

There is still room to move to the monthly high. That resistance level could – and is likely to be – tested soon.

One interesting aspect of this digital asset is that the available supply of 60,229,579 NAV is relatively small. This has resulted in some of the price volatility we have seen this week. The ability of NAV/BTC to recover from large sell-offs is another attractive feature seen often this week as more and more traders climb on the bandwagon and push the daily volume and resistance level higher.

The author predicts the monthly high of 0.00009400 BTC will be surpassed later this week.

NAV/BTC Report Archive
The NAV/BTC Market Report Archive contains a wealth of information about the historical performance and unique characteristics of NAV coin:

http://allcoinsnews.com/?s=NAV%2FBTC+Market+Report [opens in new window]

Direct Link to Poloniex NAV/BTC trading page
Check out the action live on Poloniex:

https://poloniex.com/exchange#btc_nav

Price change

Price change is the percentage change within the period:

period change
day -1.44%
week 45.08%
month 4.85%

Featured Chart

Tap or click chart to enlarge:

chart-nav-btc-1week-2hours-2016-10-25

Data source

Poloniex is the data source for this market report.

Market capitalization

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

market cap = ( available supply x last price )
Market cap Available supply Last price
$ 3,011,479 60229579 $ 00.05

Daily High Low

daily high 0.00009300
daily low 0.00008504

Trend

The weekly trend is up.

trend is UP

Support

Support is the lowest price within the period:

period support
day 0.00008504
week 0.00006101
biweekly 0.00005934
month 0.00005934

Resistance

Resistance is the highest price within the period:

period resistance
day 0.00009300
week 0.00009300
biweekly 0.00009300
month 0.00009400

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 0.00000796
week 0.00002756
month 0.00000410

Market sentiment

Market sentiment is bullish.

sentiment bullish

Image courtesy Pixabay.com

Summary

NavCoin is down -1.44% on the day, up 45.08% on the week and up 4.85% on the month. The weekly trend is up. NAV/BTC saw weekly support at 0.00006101 and weekly resistance at 0.00009300. 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 October 25 2016 07:28 hours UTC. Contact KittyBitcoin to request custom reports.

Thanks for reading! 🙂

Tags

NavCoin, NAV/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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