Altcoins

Golem Network Token Market Report: GNT/BTC Down -5.71% on the Day

Brief:


Golem Network Token is down -5.71% on the day, down -0.29% on the week and up 43.70% on the month on a last price of 0.00018667 BTC or about fifty-two cents. GNT/BTC is trading between a 24hr high of 0.00020217 and a 24hr low of 0.00018501 on a 24hr volume of 1,521 BTC or 7,899,618 GNT. The weekly trend is mixed.

Last price

0.00018667 GNT/BTC

$USD

last price $ 00.52820920
one week ago $ 00.52973720
percentage -0.29%

Volume

Volume

The 24 hour volume on Poloniex is 1521.53755377 BTC or 7899618.62765744 GNT.

Remarks

Golem’s daily low today fell down slightly to 0.00018501 BTC. Traders scrambled to seize the opportunity as seven BTC was left begging on the Buy Order Book one satoshi lower, followed by more BTC below and after that. The buy “insurance” was welcome as the price pushed up quickly from the daily low.

Half an hour later the price dropped one satoshi lower to 0.0001850 BTC. At press time a 100 BTC order had appeared on the Sell Order Book at 0.00018880 BTC. Will the sell order remain – or is a whale or bot temporarily depressing the price?

All Time Chart
CoinMarketCap.com supplies an excellent all time chart:

XBTLivePrice
Bitcoin has eased off. Poloniex reports $2763.98 per bitcoin and falling, down 1.95% from yesterday. This could have a positive and slightly bouyant effect on altcoins:

Theoretical Trip
A theoretical trip with one bitcoin from the daily low to about a Fibonacci golden 62% could yield about 0.05774 BTC or about $160.62. Yesterday’s actual historical high was much higher of course about 0.00020217 BTC.

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Price change

Price change is the percentage change within the period:

period change
day -5.71%
week -0.29%
month 43.70%

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 Golem Network Token market calculated using the formula:

market cap = ( available supply x last price )
Market cap $ 438,018,536
Available supply 829252000
Last price $ 00.52820920

Daily High Low

daily high 0.00020217
daily low 0.00018501

Trend

The weekly trend is mixed.

trend is MIXED

Support

Support is the lowest price within the period:

period support
day 0.00018501
week 0.00016750
biweekly 0.00016750
month 0.00009704

Resistance

Resistance is the highest price within the period:

period resistance
day 0.00020217
week 0.00021589
biweekly 0.00021589
month 0.00026146

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 0.00001716
week -0.00000054
month 0.00005677

Market sentiment

Market sentiment is neutral.

sentiment neutral

Image courtesy Pixabay.com

Summary

Golem Network Token is down -5.71% on the day, down -0.29% on the week and up 43.70% on the month. The weekly trend is mixed. GNT/BTC saw weekly support at 0.00016750 and weekly resistance at 0.00021589. 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 Monday June 12 2017 10:26 hours UTC. Contact KittyBitcoin to request custom reports.

Thanks for reading! 🙂

Tags

Golem Network Token, GNT/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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