Blog

Ark Market Report: $ARK Up 30.35% in 24 Hours

Brief:


$ARK has seen surprising performance with a healthy daily and monthly gain. Ark is up 30.35% in 24 hours, up 27.03% on the week and up 165.26% on the month on a last price of 0.00067350 BTC or about $9.97. The Ark marketcap is $976,873,401 with a circulating supply of 97,981,284 $ARK. $ARK/BTC is trading between a 24hr high of 0.00080000 BTC ($11.85) and a 24hr low of 0.0005131 BTC ($7.59) on a 24hr Binance volume of 1,906 BTC. In daily heavy volume trading the weekly trend is mixed.

Last price

0.00067350 $ARK/BTC

$USD

last price $ 9.97
one week ago $ 7.85
percentage 27.01%

Volume

Volume

$ARK 24 hour volume
BTC 1,906 BTC
all $ARK currencies 4,146 BTC

The 24 hour volume for $ARK/BTC on Binance is 1,906 BTC. This volume weight is heavy when compared with Binance daily trading levels for $ARK over the last month.

The total 24 hour volume for all reporting $ARK markets is 4,146 BTC.

Market Share

The Binance currency pair $ARK/BTC is 45.97% of all $ARK traded in twenty-four hours. After Binance, Bittrex has 41.00% market share today, while others all have less than one percent.

Remarks

$ARK has seen surprising performance with a healthy daily and monthly gain. Ark is up 30.35% in 24 hours, up 27.03% on the week and up 165.26% on the month on a last price of 0.00067350 BTC or about $9.97. The Ark marketcap is $976,873,401 with a circulating supply of 97,981,284 $ARK. $ARK/BTC is trading between a 24hr high of 0.00080000 BTC ($11.85) and a 24hr low of 0.0005131 BTC ($7.59) on a 24hr Binance volume of 1,906 BTC. In heavy volume trading the weekly trend is mixed.

The week has seen the last four days of daily green candles, while the previous four were all red.

One Year Chart

Courtesy CoinMarketCap.com

One Day Candles

Tuesday January 09 2018 Bitcoin Background

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

24 Hours of Bitcoin
24 Hours of #Bitcoin
-0.9% price $14,993.20
vol $16,359,800,000
mktcap $251,768,992,958
16.79M #XBT 19:23 #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 $ARK percentage change within the period:

period change
day 30.35%
week 27.03%
month 165.26%

Highlight Chart

Tap / click to enlarge:

Ark is up 30.35% in 24 hours, up 27.03% on the week and up 165.26% on the month on a last price of 0.00067350 BTC or about $9.97.
Ark is up 30.35% in 24 hours, up 27.03% on the week and up 165.26% on the month on a last price of 0.00067350 BTC or about $9.97.

Data source

Binance 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 Ark market calculated using the formula:

market cap = ( circulating supply x last price )
Market cap $ 976,873,401
Circulating supply 97,981,284
Last price $ 9.97
Circulating supply data courtesy of CoinMarketCap.com.

Daily High Low

daily high 0.00080000 BTC
daily low 0.00051310 BTC

Trend

The weekly trend is mixed.

trend is MIXED

Resistance

Resistance is the highest price within the period:

period resistance
day 0.00080000 BTC
week 0.00080000 BTC

Support

Support is the lowest price within the period:

period support
day 0.00051310 BTC
week 0.00036400 BTC

Market sentiment

Market sentiment is neutral.

sentiment neutral

Image courtesy Pixabay.com

Summary

$ARK has seen surprising performance with a healthy daily and monthly gain. Ark is up 30.35% in 24 hours, up 27.03% on the week and up 165.26% on the month on a last price of 0.00067350 BTC or about $9.97. The Ark marketcap is $976,873,401 with a circulating supply of 97,981,284 $ARK. $ARK/BTC saw weekly resistance at 0.00080000 ($11.85) and weekly support at 0.0003640 ($5.38). Market sentiment is neutral. The weekly trend is mixed in daily heavy volume trading.

Price Direction?
This is the highest volume – and price – $ARK has seen since 31 October 2017. The four day time span sees upwards movement. Zooming into the fifteen minute candle chart we see a clear downtrend after the 8000 high was reached. This is also seen on the two hour chart. This could be a downtrend starting or profit taking. The six hour candle chart shows volume is still strong. The short term price direction appears likely to go down – especially if the volume falls off.

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 January 09 2018 19:20 hours UTC. Contact KittyBitcoin to request custom reports. Share your thoughts with @KittyBitcoin on Twitter.

Coming soon

Thanks for reading! 🙂

Tags

Ark, $ARK, BTC, Binance, Market, Report, $ARK/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®.
Free AllCoinsNews Email Updates
Get the latest cryptotoken market news and blockchain developments!
We respect your privacy.