Namecoin Breaks Down, Peercoin Nears Support
It’s time for another Peercoin/Namecoin update. The two coins had a different fate since our last update 14 days ago. While NMC fell to new lows and into a downward trend, PPC only bounced at support.
Namecoin Breaks Down
Namecoin prices broke down past the $0.27 level last week, hitting a low of $0.236 on October 18th. From here we rallied back up as prices retested the previous support at 27 cents. But now this level acted as resistance, leading to renewed selling. We’re currently quoted at $0.254 per coin.

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