Altcoins

NXT Market Report: $NXT Bucks Weekly Trend

Brief:


$NXT shows seven days of daily green candles as it bucks the weekly crypto industry trend. NXT is up 45.74% in 24 hours, up 271.80% on the week and up 753.97% on the month on a last price of 0.00013117 BTC or about $1.97. The NXT marketcap is $1,968,029,886 with a circulating supply of 998,999,942 $NXT. $NXT/BTC is trading between a 24hr – and all time – high of 0.00014600 BTC ($2.19) and a 24hr low of 0.00008600 BTC ($1.29) on a 24hr Bittrex volume of 29,740 BTC. In heavy volume trading the weekly trend is up.

Last price

0.00013117 $NXT/BTC

$USD

last price $ 1.97
one week ago $ 00.52
percentage 278.85%

Volume

Volume

$NXT 24 hour volume
BTC 29,740 BTC
all $NXT currencies 41,526 BTC

The 24 hour volume for $NXT/BTC on Bittrex is 29,740 BTC. This volume weight is heavy when compared with Bittrex daily trading levels for $NXT over the last month.

The total 24 hour volume for all reporting $NXT markets is 41,526 BTC.

Market Share

The Bittrex currency pair $NXT/BTC is 71.62% of all $NXT traded in twenty-four hours. After Bittrex, Poloniex and Bitcoin Indonesia trade the next top six NXT currency pairs.

Remarks

$NXT shows seven days of daily green candles as it bucks the weekly crypto industry trend. NXT is up 45.74% in 24 hours, up 271.80% on the week and up 753.97% on the month on a last price of 0.00013117 BTC or about $1.97. The NXT marketcap is $1,968,029,886 with a circulating supply of 998,999,942 $NXT. $NXT/BTC is trading between a 24hr high of 0.00014600 BTC ($2.19) and a 24hr low of 0.00008600 BTC ($1.29) on a 24hr Bittrex volume of 29,740 BTC. In heavy volume trading the weekly trend is up.

$NXT is one of the few cryptos which bucked the multi day industry trend down and today posts a seven day uptrend.

During the last several days we have seen big losses in bitcoin and most other cryptocurrencies. Today that direction reversed and all top ten digital assets (by market capitalization) are showing daily green candles. In total the first thirty-nine assets by market capitalization are all in the green.

NXT: Outlook?
With heavy volume trading pushing the price higher on a seven day uptrend the short term outlook for a long position looks favorable. Zooming into the hourly chart, it looks like the peak is over and the price is headed downwards, at least at the time of writing. In a longer view, while most of the profit has already been made there may be some opportunities for micro term day trades.

CoinMarketCap.com YTD Chart

One Day Candles

Browse NXT Collection

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

Saturday December 23 2017 Bitcoin Background

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

24 Hours of Bitcoin
24 Hours of #Bitcoin
10.68% price $15,122.20
vol $14,645,600,000
mktcap $253,434,462,020
16.76M #XBT 19:54 #FinTech
http://kittybitcoin.com/bitcoin/24_hours_of_bitcoin.php

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 $NXT percentage change within the period:

period change
day 45.74%
week 271.80%
month 753.97%

Highlight Chart

Tap / click to enlarge:

NXT is up 45.74% in 24 hours, up 271.80% on the week and up 753.97% on the month on a last price of 0.00013117 BTC or about $1.97.
NXT is up 45.74% in 24 hours, up 271.80% on the week and up 753.97% on the month on a last price of 0.00013117 BTC or about $1.97.

Data source

Bittrex 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 NXT market calculated using the formula:

market cap = ( circulating supply x last price )
Market cap $ 1,968,029,886
Circulating supply 998,999,942
Last price $ 1.97
Circulating supply data courtesy of CoinMarketCap.com.

Daily High Low

daily high 0.00014600
daily low 0.00008600

Trend

The weekly trend is up.

trend is UP

Resistance

Resistance is the highest price within the period:

period resistance
day 0.00014600
week 0.00014600

Support

Support is the lowest price within the period:

period support
day 0.00008600
week 0.00003501

Market sentiment

Market sentiment is bullish.

sentiment bullish

Image courtesy Pixabay.com

Summary

$NXT shows seven days of daily green candles as it bucks the weekly crypto industry trend. NXT is up 45.74% in 24 hours, up 271.80% on the week and up 753.97% on the month on a last price of 0.00013117 BTC or about $1.97. The NXT marketcap is $1,968,029,886 with a circulating supply of 998,999,942 $NXT. $NXT/BTC saw weekly and all time resistance at 0.00014600 BTC ($2.19) and weekly support at 0.00003501 ($00.52). 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 Saturday December 23 2017 19:48 hours UTC. Contact KittyBitcoin to request custom reports. Share your thoughts with @KittyBitcoin on Twitter.

Thanks for reading! 🙂

Tags

NXT, $NXT, BTC, Bittrex, Market, Report, $NXT/BTC, altcoins

KittyBitcoin supplies blockchain intelligence on http://kittybitcoin.com, on industry leading websites, and through white label channels since 2014. Follow @KittyBitcoin on Twitter®.
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