Namecoin Market Report: $NMC Trending Up Since March
Namecoin has been trending upwards since March 2017. Namecoin is up 50.08% on the day, up 29.71% on the week and up 34.09% on the month on a last price of 0.00131000 or about $4.68. $NMC/BTC is trading between a 24hr high of 0.00135400 and a 24hr low of 0.00085123 on a 24hr volume of 856 BTC. The weekly trend is up.
|last price||$ 4.68|
|one week ago||$ 2.77|
Namecoin is up 50.08% on the day. The longer term history also looks favorable because $NMC has been trending upwards in mixed trading since March of this year:
$NMC from January of 2017 to June 22 2017
The chart above shows $NMC from January of 2017 to June 22 2017. A clear uptick in activity – and price – is seen in March 2017. The price while fluctuating is on a clear overall uptrend since March 2017.
Here are Bitcoin spot prices at print time:
The ether network saw a flash crash on GDAX in which a “multimillion dollar” transaction brought the price down to just $13 – yes that’s thirteen dollars. The low was transitory with today’s price in the 0.12000 neighborhood.
The crash came at a time when the ethereum network is showing signs of stress and high usage:
— KittyBitcoin (@kittybitcoin) June 22, 2017
Market price has and continues to be affected:
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Price change is the percentage change within the period:
Poloniex is the data source for this market report – except as noted.
Market capitalization is the total $US dollar value of the Namecoin market calculated using the formula:
|Market cap||$ 68,966,352|
|Last price||$ 4.68|
Daily High Low
The weekly trend is up.
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 bullish.
Namecoin has been trending upwards since March 2017. Namecoin is up 50.08% on the day, up 29.71% on the week and up 34.09% on the month. The weekly trend is up. $NMC/BTC saw weekly support at 0.00076169 and weekly resistance at 0.00135400. Market sentiment is bullish.
Past history is NOT an indicator of future results. Read the legal disclaimer:
This report was printed on Friday June 23 2017 19:03 hours UTC. Contact KittyBitcoin to request custom reports.
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