Altcoins

RaiBlocks Market Report: $XRB Appears in Top Twenty

Brief:


RaiBlocks climbs to twentieth place in crypto market capitalization on the basis of a strong uptrend. RaiBlocks is up 57.69% in 24 hours, up 320.39% on the week and up 5,645.85% on the month on a last price of 0.00117790 BTC or about $16.77. The RaiBlocks marketcap is $2,234,573,807 with a circulating supply of 133,248,289 $XRB. $XRB/BTC is trading between a 24hr high of 0.00117790 BTC ($16.77) and a 24hr low of 0.00069000 ($9.82) on a 24hr BitGrail volume of 2,283 BTC. In daily light to moderate volume trading the weekly trend is up.

Last price

0.00117790 $XRB/BTC

$USD

last price $ 16.77
one week ago $ 3.98
percentage 321.36%

Volume

Volume

$XRB 24 hour volume
BTC 2,283 BTC
all $XRB currencies 3,104 BTC

The 24 hour volume for $XRB/BTC on BitGrail is 2,283 BTC. This volume weight is light to moderate when compared with BitGrail daily trading levels for $XRB over the last month.

The total 24 hour volume for all reporting $XRB markets is 3,104 BTC.

Market Share

The BitGrail currency pair $XRB/BTC is 73.55% of all $XRB traded in twenty-four hours. After BitGrail, only Mercatox and BitFlip offer $XRB trading. The development team is working on expanding to major exchanges.

Remarks

RaiBlocks climbs to twentieth place in crypto market capitalization on the basis of a strong uptrend. RaiBlocks is up 57.69% in 24 hours, up 320.39% on the week and up 5,645.85% on the month on a last price of 0.00117790 BTC or about $16.77. The RaiBlocks marketcap is $2,234,573,807 with a circulating supply of 133,248,289 $XRB. $XRB/BTC is trading between a 24hr high of 0.00117790 BTC ($16.77) and a 24hr low of 0.00069000 ($9.82) on a 24hr BitGrail volume of 2,283 BTC. In daily light to moderate volume trading the weekly trend is up.

CoinMarketCap first started tracking $XRB in March of 2017.

As in this case, when you see the 24 hour high is the weekly resistance, this is an indicator
the price is going up. The green weekly uptrend is another signal that the price is likely to increase. These indicators point to a continued and heady bull run.

About: What is RaiBlocks?

+ RaiBlocks is a trustless, low-latency cryptocurrency that utilizes a novel block-lattice architecture, where each account has its own blockchain and achieves consensus via delegated Proof of Stake voting.

+ Offers feeless, instantaneous transactions, as well as unlimited scalability, making RaiBlocks ideal for peer-to-peer transactions.

+ The network requires minimal resources, no high-power mining hardware, and can process high transaction throughput.

+ To date, the RaiBlocks network has processed over four million transactions with an unpruned ledger size of only 1.7GB.

Website
https://raiblocks.net/

All Time Chart

Courtesy CoinMarketCap.com

One Month Chart

Friday December 29 2017 Bitcoin Background

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

24 Hours of Bitcoin
24 Hours of #Bitcoin
0.1% price $14,417.90
vol $11,545,700,000
mktcap $241,781,867,960
16.77M #XBT 12:40 #FinTech
http://kittybitcoin.com/bitcoin/24_hours_of_bitcoin.php

XBTLivePriceTM

Yesterday

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Price change

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

period change
day 57.69%
week 320.39%
month 5,645.85%

Highlight Chart

Tap / click to enlarge:

RaiBlocks is up 57.69% in 24 hours, up 320.39% on the week and up 5,645.85% on the month on a last price of 0.00117790 BTC or about $16.77.
RaiBlocks is up 57.69% in 24 hours, up 320.39% on the week and up 5,645.85% on the month on a last price of 0.00117790 BTC or about $16.77.

Data source

BitGrail 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 RaiBlocks market calculated using the formula:

market cap = ( circulating supply x last price )
Market cap $ 2,234,573,807
Circulating supply 133,248,289
Last price $ 16.77
Circulating supply data courtesy of CoinMarketCap.com.

Daily High Low

daily high 0.00117790
daily low 0.00069000

Trend

The weekly trend is up.

trend is UP

Resistance

Resistance is the highest price within the period:

period resistance
day 0.00117790
week 0.00117790

Support

Support is the lowest price within the period:

period support
day 0.00069000
week 0.00020503

Market sentiment

Market sentiment is bullish.

sentiment bullish

Image courtesy Pixabay.com

Summary

RaiBlocks climbs to twentieth place in crypto market capitalization on the basis of a strong uptrend. RaiBlocks is up 57.69% in 24 hours, up 320.39% on the week and up 5,645.85% on the month on a last price of 0.00117790 BTC or about $16.77. The RaiBlocks marketcap is $2,234,573,807 with a circulating supply of 133,248,289 $XRB. $XRB/BTC saw weekly resistance at 0.00117790 BTC ($16.77) and weekly support at 0.00020503 BTC ($2.91). Market sentiment is bullish. The weekly trend is up in daily light to moderate 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 Friday December 29 2017 12:34 hours UTC. Contact KittyBitcoin to request custom reports. Share your thoughts with @KittyBitcoin on Twitter.

Thanks for reading! 🙂

Tags

RaiBlocks, $XRB, BTC, BitGrail, Market, Report, $XRB/BTC, 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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