GridCoin Market Report: GRC/BTC Down -21.48% on the Day
GridCoin is down -21.48% on the day, down -0.25% on the week and up 54.19% on the month on a Poloniex last price of 0.00000976. GRC/BTC is trading between a 24hr high of 0.00001274 and a 24hr low of 0.00000946 on a 24hr volume of 38 BTC or 3538884 GRC. The weekly trend is mixed.
|last price||$ 00.01229467|
|one week ago||$ 00.01232492|
GridCoin saw its monthly high at about the same time bitcoin began an upwards move. The GridCoin monthly high of 0.00001535 came on a volume of about 101 BTC:
Our weekly chart showing detailed price and volume changes is the Featured Chart.
Monthly GRC/BTC High Meets BTC/USDT Rally
In this series of two screenshots we see both the similarities and dissimilarities of Bitcoin/USDT and GRC/Bitcoin. Both screenshots show a 24 hour period in fifteen minute candles:
GridCoin Short Term Forecast
For the last hour GridCoin has vascillated between the daily low and 0.00001000. We’re seeing what happens after a coin tops out coincident with a bitcoin price spike. This places extra downward pressure on Gridcoin. Traders wanting to dump their now overpriced coin try to do so, as a few price bargain seekers see an attractive entry point.
With a note of caution we point out that the historical support levels are at 850 biweekly, and 510 monthly – considerably lower than today’s daily low of 0.00000946 BTC.
Browse Historical Archive
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Price change is the percentage change within the period:
Poloniex is the data source for this market report.
Market capitalization is the total $US dollar value of the GridCoin market calculated using the formula:
|Market cap||$ 4,785,989|
|Last price||$ 00.01229467|
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 bearish.
GridCoin is down -21.48% on the day, down -0.25% on the week and up 54.19% on the month. The weekly trend is mixed. GRC/BTC saw weekly support at 0.00000946 and weekly resistance at 0.00001535. Market sentiment is bearish.
Past history is NOT an indicator of future results. Read the legal disclaimer:
This report was printed on Thursday April 20 2017 17:47 hours UTC. Contact KittyBitcoin to request custom reports.
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