Altcoins

VeChain Market Report: $VEN Slides After All Time High

Brief:


VeChain has been on a four day slide after attaining an all time high of 0.00081678 BTC or about $9.17. VeChain is down -12.31% in 24 hours, up 13.10% on the week and up 499.94% on the month on a last price of 0.00058542 BTC or about $6.57. The VeChain marketcap is $2,992,449,792 with a circulating supply of 455,471,810 $VEN. $VEN/BTC is trading between a 24hr high of 0.00068100 BTC ($7.64) and a 24hr low of 0.00058450 BTC ($6.56) on a 24hr Binance volume of 5,328 BTC. This trading volume is light. The weekly price trend is mixed.

Last price

0.00058542 $VEN/BTC

$USD

last price $ 6.57
one week ago $ 5.81

Price change

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

period change
day -12.31%
week 13.10%
month 499.94%

Volume

Volume

$VEN 24 hour volume
BTC 5,328 BTC
all $VEN currencies 15,041 BTC

The 24 hour volume for $VEN/BTC on Binance is 5,328 BTC. This volume weight is light when compared with Binance daily trading levels for $VEN over the last month.

The total 24 hour volume for all reporting $VEN markets is 15,041 BTC.

Market Share

The Binance currency pair $VEN/BTC is 35.42% of all $VEN traded in twenty-four hours. Lbank (VEN/BTC 21.30%) and Huobi (VEN/BTC 16.54%) hold second and third most market share for a single pair. Aggregating Huobi’s pairs gives them over 27% of the total VeChain market. Binance overall weighs in with over 49% of the worldwide market when including every Binance $VEN pair (BTC, ETH, BNB).

Remarks

VeChain has been on a four day slide after attaining an all time high of 0.00081678 BTC or about $9.17. VeChain is down -12.31% in 24 hours, up 13.10% on the week and up 499.94% on the month on a last price of 0.00058542 BTC or about $6.57. The VeChain marketcap is $2,992,449,792 with a circulating supply of 455,471,810 $VEN. $VEN/BTC is trading between a 24hr high of 0.00068100 BTC ($7.64) and a 24hr low of 0.00058450 BTC ($6.56) on a 24hr Binance volume of 5,328 BTC. In light volume trading the weekly trend is mixed.

All Time Chart
Data begins on August 22 2017:

One Day Candles

About
“VeChain is the world’s leading blockchain platform offering Blockchain-as-a-Service to enterprises for products and information”

Website
https://www.vechain.com

Friday January 26 2018 Bitcoin Background

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

24 Hours of Bitcoin
24 Hours of #Bitcoin
-2.26% price $11,267.90
vol $8,164,790,000
mktcap $189,604,806,817
16.83M #XBT 07:50 #FinTech
http://kittybitcoin.com/bitcoin/24_hours_of_bitcoin.php

XBTLivePriceTM

Yesterday

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Highlight Chart

Tap / click to enlarge:

VeChain has been on a four day slide after attaining an all time high of 0.00081678 BTC or about $9.17. VeChain is down -12.31% in 24 hours, up 13.10% on the week and up 499.94% on the month on a last price of 0.00058542 BTC or about $6.57.
VeChain has been on a four day slide after attaining an all time high of 0.00081678 BTC or about $9.17. VeChain is down -12.31% in 24 hours, up 13.10% on the week and up 499.94% on the month on a last price of 0.00058542 BTC or about $6.57.

Data sources

Main Data Source

Binance is the main data source for this report. The One Day Candles chart, highlight chart, and all digital asset numeric trading data not otherwise credited are from Binance.

Secondary

CoinMarketCap is the secondary data source for this report. The One Year Chart, cryptocurrency rank, token circulating supply, and daily market share are sourced from CoinMarketCap.com.

Tertiary

XBTLivePriceTM and 24 Hours of Bitcoin are data products from KittyBitcoin.com

Other sources are credited where used.

Market capitalization

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

market cap = ( circulating supply x last price )
Market cap $ 2,992,449,792
Circulating supply 455,471,810
Last price $ 6.57

Daily High Low

daily high 0.00068100 BTC
daily low 0.00058450 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 0.00068100 BTC
week 0.00081678 BTC

Support

Support is the lowest price within the period:

period support
day 0.00058450 BTC
week 0.00051325 BTC

Market sentiment

Market sentiment is bearish.

sentiment bearish

Image courtesy Pixabay.com

Summary

VeChain has been on a four day slide after attaining an all time high of 0.00081678 BTC or about $9.17. VeChain is down -12.31% in 24 hours, up 13.10% on the week and up 499.94% on the month on a last price of 0.00058542 BTC or about $6.57. The VeChain marketcap is $2,992,449,792 with a circulating supply of 455,471,810 $VEN. $VEN/BTC saw weekly resistance at 0.00081678 BTC ($9.17) and weekly support at 0.00051325 BTC ($5.76). Market sentiment is bearish. The weekly price trend is mixed in daily light 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 January 26 2018 07:43 hours UTC. Contact KittyBitcoin to request custom reports. Share your thoughts with @KittyBitcoin on Twitter.

Bitcoin & Ethereum

Thanks for reading! 🙂

Tags

VeChain, $VEN, BTC, Binance, Market, Report, $VEN/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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