PinkCoin Market Report: PINK/BTC Sets All Time High
PinkCoin has set a new all time high of 1460. PinkCoin is down -13.13% on the day, up 381.06% on the week and up 940.98% on the month on a last price of 0.00000635. PINK/BTC is trading between a 24hr high of 0.00000929 and a 24hr low of 0.00000601 on a 24hr Poloniex volume of 4424 BTC or 572095809 PINK. The weekly trend is mixed.
|last price||$ 00.00759057|
|one week ago||$ 00.00157788|
Early Easter Bonanza for PinkCoin Traders
PinkCoin was an early Easter Bonanza for some altcoin traders as the coin skyrocketed in price to a new all time high (ATH) of 0.00001460 BTC. PINK/BTC is up 381.06% on the week, up 940.98% on the month and understandably down -13.13% on the day because of profit taking.
10,644 BTC of Pink changed hands yesterday on April 16 2017. This helped drive the price to a monthly high – and all time high – of 0.00001460 BTC:
The PinkCoin rally came as the price of bitcoin hovered near or above the $1200 mark:
Near Term Forecast
Prior to the rally the base price of PINK traded – roughly – between 60 and 150.
Prior to the rally notable venture capitalists were describing altcoins as overbought. This appears true as many coins are nearing or have exceeded all time highs including bitcoin, ethereum, ripple, monero and others. Most coins are well above their one month ago price, with little basis for the increase other than investor zeal. This is especially true since altcoin increases against the loose connection of a higher $1200 bitcoin fly against the natural inverse relationship of altcoin purchased in BTC, or in this case PINK/BTC.
Given these factors the short term forecast is for a substantial downwards price correction to PinkCoin. The timing will depend largely on when the bubble bursts for altcoins. Until then a price of 0.00000200 to 0.00000300 BTC would be a pre rally support level, although unquestionably other higher support levels will be seen during the descent, such as a 420 level support.
The precise historical support levels are here.
Browse Historical Collection
Gain insight into the unique characteristics of PinkCoin. Browse our archive collection of PinkCoin Market Reports.
Price and Volume Detail
Zoom in to the Featured Chart for price and volume in a finer grained detail.
Price change is the percentage change within the period:
Poloniex is the data source for this market report.
Market capitalization is the total $US dollar value of the PinkCoin market calculated using the formula:
|Market cap||$ 886,886|
|Last price||$ 00.00759057|
Daily High Low
The weekly trend is mixed.
Support is the lowest price within the period:
Resistance is the highest price within the period:
The data source Poloniex does NOT offer margin trading on this digital asset.
Range is the difference in price within the period:
Market sentiment is neutral.
PinkCoin has set a new all time high. PinkCoin is down -13.13% on the day, up 381.06% on the week and up 940.98% on the month. The weekly trend is mixed. PINK/BTC saw weekly support at 0.00000125 and weekly resistance at 0.00001460. Market sentiment is neutral.
Past history is NOT an indicator of future results. Read the legal disclaimer:
This report was printed on Monday April 17 2017 20:51 hours UTC. Contact KittyBitcoin to request custom reports.
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