Both Peercoin and Namecoin are back in ranges after their rallies cooled off. We are now in ‘wait and see’ mode for these crypto-currencies.
Peercoin Rally Ends
The PPC rally ended on May 16th when prices fell through the $1.60 support line. This ‘event is marked with a yellow rectangle on the chart below. We are currently still near the same price, almost 10 days later. Prices swung higher and lower but ultimately came back around the average. Read more: https://blog.fxopen.com/peercoin-namecoin-back-in-ranges/