Bitcoin’s indecisiveness is spilling over into the altcoin market. Everyone’s favorite cryptocurrency has been ranging for the past nine days, stuck between $234 and $253 per coin. Peercoin followed big brother’s range-bound movement. And while Namecoin broke below the low of its range, it is still above the important yearly low at $0.379.
Peercoin Still in Range
Alternative cryptocurrency Peercoin is still trading in a range between a low of $0.30 and a high at $0.50. Since our last update on PPC one week ago, the pair has been stuck between $0.312 and $0.339 per coin. While we have fallen somewhat by 2 cents to $0.318, the altcoin is still trading above its lows.
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