Not much has changed in cryptoland during the past two days. Bitcoin is currently quoted at $422.14, only 16 cents above Tuesday’s price. Litecoin is trading at $3.34, down 3 cents compared to two days ago. But in the days prior to Tuesday, both Peercoin and Namecoin broke out, with different results. Let’s go over PPC/USD first.
Peercoin Up 2 Percent
Peercoin broke out above the $0.467 level last weekend and proceeded to rally to a high of $0.496. The gains here stopped, partly because of the important $0.50 round figure, noted in our previous PPC article. But the major reason behind the retracement back to $0.456 was bitcoin’s crash on February 23rd.
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