FoldingCoin Market Report: FLDC/BTC Down -8.23% on the Week

Brief:


FoldingCoin is up 4.95% on the day, down -8.23% on the week and up 19.10% on the month on a last price of 0.00000212. FLDC/BTC is trading between a 24hr high of 0.00000219 and a 24hr low of 0.00000196 on a 24hr volume of 24 BTC or 11874266 FLDC. The weekly trend is down.

Last price

0.00000212 FLDC/BTC

$USD

last price $ 00.00321443
one week ago $ 00.00349480
percentage -8.02%

Volume

Volume

The 24 hour volume on Poloniex is 24.63652483 BTC or 11874266.70709652 FLDC.

Remarks

CoinMarketCap.com All Time Chart
FoldingCoin has seen four major price spikes since its launch in September of 2014. The most recent spike was April 16 2017 during which we saw a high of 0.00000380 BTC on Poloniex:

Daily Candles Chart
The one month chart in daily candles shows the recent high was reached on a volume of 498 BTC. Today’s volume is about 22 BTC:

One Month Four Hour Chart
This chart shows exactly where we’ve been for the last month:

The first big drop on May 01 2017 came as bitcoin passed $1500. The second major drop the next day coincided with bitcoin surpassing $1600 on Poloniex to an all time high of $1628.88. The price has since eased to $1615.78.

XBT LivePrice
Spot prices remain volatile on major exchanges:

Weekly FoldingCoin Details
Get all the weekly FLDC/BTC weekly details on our Featured Chart.

Short Term FoldingCoin Outlook
Bitcoin volatility is creating havoc with an FLDC recovery. Being up 4.95% on the day and down -8.23% on the week could be a satisfactory entry point if bitcoin wasn’t suppressing the price. Typically what happens is the price is depressed with bitcoin volatility, then when bitcoin stabilizes at whatever price this gives the alts a chance to breath and recover value.

The spread between the April 16 high and today’s last price is 168 satoshi. Moving over this range with a quarter million FLDC could yield about a $637 gross, or less on lower priced sell orders. 250,000 FLDC/BTC could be purchased for about .53 BTC or about $804.44 USD at current market rates.

Price change

Price change is the percentage change within the period:

period change
day 4.95%
week -8.23%
month 19.10%

Featured Chart

Tap or click chart to enlarge:

Data source

Poloniex is the data source for this market report.

Market capitalization

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

market cap = ( available supply x last price )
Market cap $ 1,548,660
Available supply 481783651
Last price $ 00.00321443

Daily High Low

daily high 0.00000219
daily low 0.00000196

Trend

The weekly trend is down.

trend is DOWN

Support

Support is the lowest price within the period:

period support
day 0.00000196
week 0.00000192
biweekly 0.00000192
month 0.00000145

Resistance

Resistance is the highest price within the period:

period resistance
day 0.00000219
week 0.00000249
biweekly 0.00000286
month 0.00000380

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 0.00000023
week -0.00000019
month 0.00000034

Market sentiment

Market sentiment is neutral.

sentiment neutral

Image courtesy Pixabay.com

Summary

FoldingCoin is up 4.95% on the day, down -8.23% on the week and up 19.10% on the month. The weekly trend is down. FLDC/BTC saw weekly support at 0.00000192 and weekly resistance at 0.00000249. 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 Thursday May 04 2017 23:21 hours UTC. Contact KittyBitcoin to request custom reports.

Coming soon

Thanks for reading! 🙂

Tags

FoldingCoin, FLDC/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

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