PacCoin Market Commentary 12/05/2017

This past week was another historic week for the digital currency space

BTC traded an all time $ 11,400 , only to face a sharp selling down to $8,900 within the next 24 hours.
BTC shrugged this off and traded a new high days later at $11,900.
 
DOGE had more of a range trade, between .002 and .0025 , and as of this writing is .0024, which as noted earlier is a positive for PAC owners, as DOGE is the primary pair.
This was a very important week for PAC as new updates and a road map for the next 90 days were given.
PAC has traded in a tight band as huge volume has changed hands primarily 42000 and 38000 with tails up to 45000 and down to 35000.
Key levels are as follows:
BTC:
Support:
10,500
9,300
8,900
DOGE:
Resistance:
0038
0034
0028
0025
Support:
002125
002000
001888
PAC:
Resistance:
49888
45888
44888
Support:
37200
35100
33300
PAC is currently ranked #440 with a valuation of 2.918mm
There are 133 currencies with valuations of 50mm
86 have valuations of 100mm or higher
52 are valued at 200mm or above
27 have half a billion in valuation
19 are worth more than 1 billion
And 8 have market caps of Five Billion or More.
When looking at digital currencies one should look at what differentiates one from another.
The community and owners are of the utmost importance.

This Post Has One Comment

  1. great.

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