Altcoins

aelf Market Report: $ELF Sinks Double Digits

Brief:


$ELF has upside latency after dropping double digits overnight. aelf is down -12.05% in 24 hours and up 18.55% on the week on a last price of 0.00013544 BTC or about $1.93. The aelf marketcap is $482,500,000 with a circulating supply of 250,000,000 $ELF. $ELF/BTC is trading between a 24hr high of 0.00015597 BTC ($2.22) and a 24hr low of 0.00013000 BTC ($1.85) on a 24hr Binance volume of 2,021 BTC. In daily light volume trading the weekly trend is mixed.

Last price

0.00013544 $ELF/BTC

$USD

last price $ 1.93
one week ago $ 1.63

Price change

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

period change
day -12.05%
week 18.55%
month The Binance $ELF chart starts on December 20 2017.

Volume

Volume

$ELF 24 hour volume
BTC 2,021 BTC
all $ELF currencies 6,050 BTC

The 24 hour volume for $ELF/BTC on Binance is 2,021 BTC. This volume weight is light when compared with Binance daily trading levels for $ELF over the last month.

The total 24 hour volume for all reporting $ELF markets is 6,050 BTC.

Market Share

The Binance currency pair $ELF/BTC is 33.40% of all $ELF traded in twenty-four hours. Huobi has a leading forty-seven percent (47%) of the total daily market with their BTC and ETH pairs. Binance $ELF/BTC and $ELF/ETH combined market share is about forty-four percent (44%).

Remarks

$ELF has upside latency after dropping double digits overnight. aelf is down -12.05% in 24 hours and up 18.55% on the week on a last price of 0.00013544 BTC or about $1.93. The aelf marketcap is $482,500,000 with a circulating supply of 250,000,000 $ELF. $ELF/BTC is trading between a 24hr high of 0.00015597 BTC ($2.22) and a 24hr low of 0.00013000 BTC ($1.85) on a 24hr Binance volume of 2,021 BTC. In light volume trading the weekly trend is mixed.

The CoinMarketCap $ELF chart starts on Thursday December 21 2017.

All Time Chart

Courtesy CoinMarketCap.com

One Day Candles

Not quite a full month with a December 20 2017 launch.

Last Price Close to Daily Low
With a daily low of 0.00013000 BTC (~$1.85) and the last price of 0.00013544 BTC (~$1.93) the last price is so close to the low that this may be an opportune entry point. Looking back a few days the support bottomed out at 0.00012500 BTC on January 10 2018. Combine this with the double digit overnight loss of -12.05% in 24 hours, and the weekly gain of 18.55% and this may be a candidate for upside potential.

Saturday January 13 2018 Bitcoin Background

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

24 Hours of Bitcoin
24 Hours of #Bitcoin
4.1% price $14,360.30
vol $12,362,900,000
mktcap $241,253,758,015
16.80M #XBT 09:05 #FinTech
http://kittybitcoin.com/bitcoin/24_hours_of_bitcoin.php

XBTLivePriceTM

About 10 Hours Ago

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

Highlight Chart

Tap / click to enlarge:

$ELF has upside latency after dropping double digits overnight. aelf is down -12.05% in 24 hours and up 18.55% on the week on a last price of 0.00013544 BTC or about $1.93.
$ELF has upside latency after dropping double digits overnight. aelf is down -12.05% in 24 hours and up 18.55% on the week on a last price of 0.00013544 BTC or about $1.93.

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 aelf market calculated using the formula:

market cap = ( circulating supply x last price )
Market cap $ 482,500,000
Circulating supply 250,000,000
Last price $ 1.93
Circulating supply data courtesy of CoinMarketCap.com.

Daily High Low

daily high 0.00015597 BTC
daily low 0.00013000 BTC

Trend

The weekly trend is mixed.

trend is MIXED

Trend is "mixed" when the week contains both green and red daily price candles, price movement up or down is significant, and there is no clear weekly price direction.

Resistance

Resistance is the highest price within the period:

period resistance
day 0.00015597 BTC
week 0.00017643 BTC

Support

Support is the lowest price within the period:

period support
day 0.00013000 BTC
week 0.00012500 BTC

Market sentiment

Market sentiment is neutral. We see a mixed up and down price movement. Volume is good for this new token at over 2,000 BTC on Binance today in the $ELF/BTC pair alone.

sentiment neutral

Image courtesy Pixabay.com

Summary

$ELF has upside latency after dropping double digits overnight. aelf is down -12.05% in 24 hours and up 18.55% on the week on a last price of 0.00013544 BTC or about $1.93. The aelf marketcap is $482,500,000 with a circulating supply of 250,000,000 $ELF. $ELF/BTC saw weekly resistance at 0.00017643 BTC ($2.52) and weekly support at 0.00012500 BTC ($1.78). Market sentiment is neutral. The weekly trend is mixed in daily light volume trading.

Price Direction?
If the price takes off the resistance level is a long way off at 0.00015597, or just shy of sixteen thousand satoshi. If the price tanks the bottom isn’t far off from where we are now.

Depth Chart

The depth chart, latency, and the current low price position make this an easy call to go up in the short term.

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 January 13 2018 09:01 hours UTC. Contact KittyBitcoin to request custom reports or cryptocurrency consulting. Share your thoughts with @KittyBitcoin on Twitter.

Coming soon

Thanks for reading! 🙂

Tags

aelf, $ELF, BTC, Binance, Market, Report, $ELF/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.