Zcash Market Report: ZEC/BTC Up 73.35% on the Week

Brief:


Zcash is up 18.71% on the day and up 73.35% on the week on a last price of 0.12519980. ZEC/BTC is trading between a 24hr high of 0.14102401 and a 24hr low of 0.09270000 on a 24hr volume of 3333 BTC or 28156 ZEC. The weekly trend is mixed.

Last price

0.12519980 ZEC/BTC

$USD

last price $ 91.63
one week ago $ 52.86
percentage 73.34%

Volume

Volume

The 24 hour volume on Poloniex is 3333.58429041 BTC or 28156.99898802 ZEC.

Remarks

Zcash appears to have bottomed out at 0.07222233 BTC and has bounced back to a last price of 0.12519980 regaining some but not all of its enormous price loss since launch. The turnaround began on November 22 2016 after more than two weeks of dismaying and persistent downtrend.

The volume on November 22 was 1126.3 BTC with daily following volumes on Wednesday of 1953.9 and 3311 BTC on Thursday.

The current activity is seeing a price drop possibly a slight market correction.

The Featured Chart shows the week’s movements.

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Price change

Price change is the percentage change within the period:

period change
day 18.71%
week 73.35%
2 weeks -55.56%

Featured Chart

Tap or click chart to enlarge:

chart-zec-btc-1week-2hours-2016-11-24

Data source

Poloniex is the data source for this market report.

Market capitalization

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

market cap = ( available supply x last price )
Market cap Available supply Last price
$ 7,606,481 83013 $ 91.63

Daily High Low

daily high 0.14102401
daily low 0.09270000

Trend

The weekly trend is mixed.

trend is MIXED

Support

Support is the lowest price within the period:

period support
day 0.09270000
week 0.07222233
biweekly 0.07222233

Resistance

Resistance is the highest price within the period:

period resistance
day 0.14102401
week .14102401
biweekly .30000000

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 0.04832401
week 0.05297747

Market sentiment

Market sentiment is bullish.

sentiment bullish

Image courtesy Pixabay.com

Summary

Zcash is up 18.71% on the day, up 73.35% on the week and down -55.56% on about a couple of weeks. The weekly trend is mixed. ZEC/BTC saw weekly support at 0.07222233 and weekly resistance at .14102401. 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 Friday November 25 2016 03:45 hours UTC. Contact KittyBitcoin to request custom reports.

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Tags

Zcash, ZEC/BTC, bitcoin, 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,