Ethereum

Ether Weekend Price Synopsis: 2016-05-07

Saturday May 07 2016 05:51 hrs UTC

eth-digital-assets

Vancouver Island, Canada
Slow ether rebound, sideways movement

Price brief

Ether is down -6.73% on the day, up 19.86% on the week and down -15.90% on the month:

Last price

0.02047474 ETHBTC

Price change

day -6.73%
week 19.86%
month -15.90%
*data reference: @Poloniex 0.02047474 BTC as of 05:51 hours UTC Saturday May 07 2016.

$ETHUSDT

last $ 9.30
week $7.79
19.38%

 

Poloniex chart

Click or tap to expand chart:

chart Chart courtesy of @Poloniex

Remarks

Ether has seen a recent drop to sub 0.020 and has begun a slow rebound in mostly sideways movement. Weekly support and resistance is shown in yellow. These weekly values are 0.01665000 support and 0.02342666 weekly resistance. The two trend lines – descending and ascending – are shown in blue. Unless greater support is seen the weekly trend outlook is for a continuing price decline.

Indicators

high
0.02221957
low
0.01912440

Trend

week
sideways

Support

day 0.01912440
week 0.01665000
biweekly 0.01513110
month 0.01513110

Resistance

day 0.02221957
week 0.02342666
biweekly 0.02342666
month 0.02569639

Range

The range is the difference in price within the stated interval:

interval range
day 0.00309517
week 0.00339290
month -0.00387214

Market sentiment

bearish

Summary

Ether is down -6.73% on the day, up 19.86% on the week and down -15.90% on the month. The trend line is sideways. ETHBTC saw weekly support at 0.01665000 and weekly resistance at 0.02342666. Market sentiment is bearish.

@KittyBitcoin supplies mobile friendly blockchain intelligence on http://kittybitcoin.com. Their favorite color is pink and the bigger the wool ball the better.
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