AltcoinsBitcoin

NEO Market Report: Bitcoin Bounces at $6000.01 Low – $NEO Up

Brief:


Bitcoin ($BTC) has bounced up 5.9% price to $7,500.54 and NEO has also reversed direction. NEO is up 36.95% in 24 hours, down -29.74% on the week and up 2.61% on the month on a last price of $102.70. The NEO marketcap is $6,675,500,000 with a circulating supply of 65,000,000 $NEO. $NEO/USDT is trading between a 24hr high of $103.99 and a 24hr low of $64.30 on a 24hr Binance volume of $132,643,334. This trading volume is heavy. The weekly price trend is down.

Last price

102.70 $NEO/USDT

$USD

last price $ 102.70
one week ago $ 146.18

Price change

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

period change
day 36.95%
week -29.74%
month 2.61%
NEO Homepage

Website
https://neo.org/

About
NEO is a non-profit community-based blockchain project that utilizes blockchain technology and digital identity to digitize assets, to automate the management of digital assets using smart contracts, and to realize a “smart economy” with a distributed network.

Volume

Volume

$NEO 24 hour volume
USDT $132,643,334
all $NEO currencies $557,867,000

The 24 hour volume for $NEO/USDT on Binance is $132,643,334. This volume weight is heavy when compared with Binance daily trading levels for $NEO over the last month.

The total 24 hour volume for all reporting $NEO markets is $557,867,000.

Market Share

The Binance currency pair $NEO/USDT is 23.78% of all $NEO traded in twenty-four hours.

Market Share by Pair

Remarks

Bitcoin ($BTC) has bounced up 5.9% price to $7,500.54 and NEO has also reversed direction. NEO is up 36.95% in 24 hours, down -29.74% on the week and up 2.61% on the month on a last price of 102.70. The NEO marketcap is $6,675,500,000 with a circulating supply of 65,000,000 $NEO. $NEO/USDT is trading between a 24hr high of $103.99 and a 24hr low of $64.30 on a 24hr Binance volume of $132,643,334. In heavy volume trading the weekly trend is down.

One Year Chart

One Day Candles

Browse NEO Collection

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

Tuesday February 06 2018 Bitcoin Background

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

Bitcoin Hits 2018 Low of $6000.01
Today the $BTC meltdown hit a low of $6000.01 on Binance before turning around:

$BTC hits a low of $6000.01
$BTC hits a low of $6000.01

24 Hours of Bitcoin
24 Hours of #Bitcoin
5.9% price $7,500.54
vol $13,952,200,000
mktcap $126,384,099,000
16.85M #XBT 20:14 #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.

Highlight Chart

Tap / click to enlarge:

Bitcoin ($BTC) has bounced up 5.9% price to $7,500.54 and NEO has also reversed direction. NEO is up 36.95% in 24 hours, down -29.74% on the week and up 2.61% on the month on a last price of $102.70.
Bitcoin ($BTC) has bounced up 5.9% price to $7,500.54 and NEO has also reversed direction. NEO is up 36.95% in 24 hours, down -29.74% on the week and up 2.61% on the month on a last price of $102.70.

Data sources

Main Data Source

Binance is the main data source for this report. The One Day Candles chart, highlight chart, and digital asset numeric trading data 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 NEO market calculated using the formula:

market cap = ( circulating supply x last price )
Market cap $ 6,675,500,000
Circulating supply 65,000,000
Last price $ 102.70

Daily High Low

daily high 103.99 USDT
daily low 64.30 USDT

Trend

The weekly trend is down.

trend is DOWN

Trend is "down" when the weekly price movement is predominantly downwards.

Resistance

Resistance is the highest price within the period:

period resistance
day 103.99 USDT
week 147.90 USDT

The weekly high is where the price began recording for the week. The market has seen mostly freefall.

Support

Support is the lowest price within the period:

period support
day 64.30 USDT
week 64.30 USDT

Today’s low is the weekly low. Typically this is a worsening situation although the bitcoin bounce and NEO response is encouraging.

Market sentiment

Market sentiment is neutral. NEO is up 36.95% in 24 hours but in the aftermath of a bitcoin crash and bounce. We may not have seen the bottom yet on $BTC as USA regulatory and SEC news will be negatively impacting bitcoin and crypto.

sentiment neutral

Image courtesy Pixabay.com

Summary

Bitcoin ($BTC) has bounced up 5.9% price to $7,500.54 and NEO has also reversed direction. NEO is up 36.95% in 24 hours, down -29.74% on the week and up 2.61% on the month on a last price of $102.70. The NEO marketcap is $6,675,500,000 with a circulating supply of 65,000,000 $NEO. $NEO/USDT saw weekly resistance at $147.90 USDT and weekly support at $64.30 USDT. Market sentiment is neutral. The weekly price trend is down in daily 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 Tuesday February 06 2018 20:30 hours UTC. Contact KittyBitcoin to request custom reports. Share your thoughts with @KittyBitcoin on Twitter.

Bitcoin & Ethereum

Thanks for reading! 🙂

Tags

NEO, $NEO, USDT, Binance, Market, Report, $NEO/USDT, 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.