Altcoins

Monero Market Report: $XMR Downtrend and Monthly Low Deepen

Brief:


Monero has been in a downtrend in mixed trading since late August. Monero is down -2.48% in 24 hours, down -13.18% on the week and down -28.52% on the month on a last price of 0.02079700 or about $91.66. $XMR/BTC is trading between a 24hr high of 0.02330000 ($102.69) and a 24hr low of 0.02044400 ($90.11) on a 24hr HitBTC volume of 2384. In moderate volume trading the weekly trend is down.

Last price

0.02079700 $XMR/BTC

$USD

last price $ 91.66
one week ago $ 105.58
percentage -13.18%

Volume

Volume

$XMR 24 hour volume
BTC 2384
all currencies 6,388 BTC

The 24 hour volume for $XMR/BTC on HitBTC is 2384. This volume weight is moderate when compared with HitBTC daily trading levels for $XMR over the last month.

The total 24 hour volume for all reporting $XMR markets is 6,388 BTC.

In twenty-four hours of trading the HitBTC pair $XMR/BTC was 37.31% of all XMR traded.

Remarks

Monero has been in a downtrend in mixed trading since late August. Monero is down -2.48% in 24 hours, down -13.18% on the week and down -28.52% on the month on a last price of 0.02079700 or about $91.66.

Monero Markets
HitBTC is the top exchange in Monero market share with 55.02% in twenty-four hours. The top five exchanges are:

XMR Market Data by Base Currency: 24 hours
HitBTC 37.47% BTC
HitBTC 17.55% USDT
Poloniex 10.42% BTC
Bithumb 9.22% KRW
Bitfinex 5.47 USD
Bittrex 4.87% BTC
Bitfinex 4.42% BTC
Bittrex 0.95% USDT

raw market data courtesy CoinMarketCap.com

XMR Market Data Aggregated by Exchange, 24 hours
HitBTC 55.02%
Poloniex 10.42%
Bitfinex 9.89%
Bithumb 9.22%
Bittrex 5.82%

Together these five exchanges account for 90.37% of all $XMR traded worldwide.

CoinMarketCap YTD Chart

One Day Candles

One Month Candles

AltIndex.io

24 Hours of Bitcoin
24 Hours of #Bitcoin
1.63% price $4,401.74
vol $1,562,410,000
mktcap $73,068,496,647
16.60M #XBT 21:33 #FinTech
http://kittybitcoin.com/bitcoin/24_hours_of_bitcoin.php

XBTLivePriceTM
Bitcoin spot prices from four major exchanges at print time:

Yesterday

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Price change

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

period change
day -2.48%
week -13.18%
month -28.52%

Featured Chart

Tap or click to enlarge:

Data source

HitBTC 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 Monero market calculated using the formula:

market cap = ( circulating supply x last price )
Market cap $ 1,389,966,704
Circulating supply 15,164,376
Last price $ 91.66
Circulating supply data courtesy of CoinMarketCap.com.

Daily High Low

daily high 0.02330000
daily low 0.02044400

Trend

The weekly trend is down.

trend is DOWN

Support

Support is the lowest price within the period:

period support
day 0.02044400
week 0.02044400

Resistance

Resistance is the highest price within the period:

period resistance
day 0.02330000
week 0.02489900

Market sentiment

Market sentiment is bearish.

sentiment bearish

Image courtesy Pixabay.com

Summary

Monero has been in a downtrend in mixed trading since late August. Monero is down -2.48% in 24 hours, down -13.18% on the week and down -28.52% on the month on a last price of 0.02079700 or about $91.66. $XMR/BTC saw weekly resistance at 0.02489900 and weekly support at 0.02044400. Market sentiment is bearish. The weekly trend is down in moderate 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 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 Monday October 02 2017 20:08 hours UTC. Contact KittyBitcoin to request custom reports. Share your thoughts with @KittyBitcoin on Twitter.

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Thanks for reading! 🙂

Tags

Monero, $XMR, BTC, HitBTC, Market, Report, $XMR/BTC, altcoins

@KittyBitcoin supplies mobile friendly blockchain intelligence on http://kittybitcoin.com. Their favorite color is pink and the bigger the wool ball the better.
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