Namecoin Market Report: $NMC Trending Up Since March

Brief:


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

0.00131000 $NMC/BTC

$USD

last price $ 4.68
one week ago $ 2.77
percentage 68.95%

Remarks

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.

Top Market Percentage Mover
Namecoin is top percentage mover on Poloniex today:

CoinMarketCap All Time Chart

One Month Chart

XBTLivePrice
Here are Bitcoin spot prices at print time:

Ether Blues
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:

Market price has and continues to be affected:

Altcoin Market Reports
We publish recent and topical Market Reports on many altcoins. Browse our comprehensive collection of Altcoin Market Reports.

Price change

Price change is the percentage change within the period:

period change
day 50.08%
week 29.71%
month 34.09%

Featured Chart

Tap or click chart to enlarge:

Data source

Poloniex is the data source for this market report – except as noted.

Market capitalization

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

market cap = ( circulating supply x last price )
Market cap $ 68,966,352
Circulating supply 14,736,400
Last price $ 4.68
Circulating supply data courtesy of CoinMarketCap.com.

Daily High Low

daily high 0.00135400
daily low 0.00085123

Trend

The weekly trend is up.

trend is UP

Support

Support is the lowest price within the period:

period support
day 0.00085123
week 0.00076169

Resistance

Resistance is the highest price within the period:

period resistance
day 0.00135400
week 0.00135400

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 0.00050277
week 0.00030003

Market sentiment

Market sentiment is bullish.

sentiment bullish

Image courtesy Pixabay.com

Summary

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.

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 June 23 2017 19:03 hours UTC. Contact KittyBitcoin to request custom reports.

Coming soon

Thanks for reading! 🙂

Tags

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