Altcoins

Monero Market Report: $XMR Rockets to All Time High

Monero is showing strong and record breaking upwards movement posting a new all time high of $246.32 on Bitfinex.
Monero is showing strong and record breaking upwards movement posting a new all time high of $246.32 on Bitfinex.

Brief:


Monero is showing strong and record breaking upwards movement posting a new all time high of $246.32 on Bitfinex. Monero is up 16.74% in 24 hours, up 34.69% on the week and up 166.33% on the month on a last price of $232.83. The Monero marketcap is $3,594,992,989 with a circulating supply of 15,440,420 $XMR. $XMR/USD is trading between a 24hr and all time high of $246.32 and a $24hr low of $196.10 on a 24hr Bitfinex volume of $44,806,400. In heavy volume trading the weekly trend is up.

Last price

232.83 $XMR/USD

$USD

last price $ 232.83
one week ago $ 172.86
percentage 34.69%

Volume

Volume

$XMR 24 hour volume
USD $44,806,400
all $XMR currencies $293,977,000 USD

The 24 hour volume for $XMR/USD on Bitfinex is $44,806,400. This volume weight is heavy when compared with Bitfinex daily trading levels for $XMR over the last month.

The total 24 hour volume for all reporting $XMR markets is $293,977,000 USD.

Market Share

The Bitfinex currency pair $XMR/USD is 15.24% of all $XMR traded in twenty-four hours. Bitfinex is second in market share after Bithumb which has almost 35% today.

Remarks

Monero is showing strong and record breaking upwards movement posting a new all time high of $246.32 on Bitfinex. Monero is up 16.74% in 24 hours, up 34.69% on the week and up 166.33% on the month on a last price of $232.83. The Monero marketcap is $3,594,992,989 with a circulating supply of 15,440,420 $XMR. $XMR/USD is trading between a 24hr and all time high of $246.32 and a $24hr low of $196.10 on a 24hr Bitfinex volume of $44,806,400. In heavy volume trading the weekly trend is up.

It has been weeks since we last saw a Market Report with a weekly trend of “up” in a “bullish” sentiment market. We’re seeing it today. Monero breaks the mold again with its characteristically strong performance.

Pegged at a rank of ninth overall in market capitalization of all cryptocurrencies, $XMR is the undervalued sleeper in the jam packed crypto markets. Today’s strong and record setting performance shows how much investors value this digital asset.

CoinMarketCap.com YTD Chart

One Day Candles

Browse Monero Collection

Learn about the unique characteristics of $XMR. Browse our collection of Monero Market Reports.

Tuesday December 05 2017 Bitcoin Background

Altcoins such as Monero may show a relationship with bitcoin (BTC) which changes with the alt, bitcoin and market conditions:

XBTLivePriceTM

Yesterday

Altcoin Market Reports
We publish topical Market Reports on many altcoins. Browse our extensive collection of Altcoin Market Reports.

Price change

Price change is the $XMR percentage change within the period:

period change
day 16.74%
week 34.69%
month 166.33%

Highlight Chart

Tap / click to enlarge:

Monero is up 16.74% in 24 hours, up 34.69% on the week and up 166.33% on the month on a last price of $232.83.
Monero is up 16.74% in 24 hours, up 34.69% on the week and up 166.33% on the month on a last price of $232.83.

Data source

Bitfinex is the main data source for this report. Other sources are credited where used.

Market capitalization

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

market cap = ( circulating supply x last price )
Market cap $ 3,594,992,989
Circulating supply 15,440,420
Last price $ 232.83
Circulating supply data courtesy of CoinMarketCap.com.

Daily High Low

daily high 246.32
daily low 196.10

Trend

The weekly trend is up.

trend is UP

Resistance

Resistance is the highest price within the period:

period resistance
day 246.32
week 246.32

Support

Support is the lowest price within the period:

period support
day 196.10
week 149.97

Market sentiment

Market sentiment is bullish.

sentiment bullish

Image courtesy Pixabay.com

Summary

Monero is showing strong and record breaking upwards movement posting a new all time high of $246.32 on Bitfinex. Monero is up 16.74% in 24 hours, up 34.69% on the week and up 166.33% on the month on a last price of $232.83. The Monero marketcap is $3,594,992,989 with a circulating supply of 15,440,420 $XMR. $XMR/USD saw weekly and all time resistance at $246.32 and weekly support at $149.97. Market sentiment is bullish. The weekly trend is up in heavy volume trading.

Analytic Strategy: Objective Analysis

Objective analysis begins free of subjectivity. Interpretation of technical analysis geometric patterns, for example perceived shapes on a trading chart, is inherently subjective. This report is free of technical subjectivity to the maximum extent reasonably possible.

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 Tuesday December 05 2017 19:54 hours UTC. Contact KittyBitcoin to request custom reports. Share your thoughts with @KittyBitcoin on Twitter.

Coming soon

Thanks for reading! 🙂

Tags

Monero, $XMR, USD, Bitfinex, Market, Report, $XMR/USD, altcoins

@KittyBitcoin supplies mobile friendly blockchain intelligence on http://kittybitcoin.com. Their favorite color is pink and the bigger the wool ball the better.
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