Ethereum Market Report : Stoked – Ether Peaks at .0244

 

Price brief


Ether is up 2.82% on the day, up 13.52% on the week and up 15.69% on the month:

Last price

.0230 ETHBTC

$ETHUSDT

last $ 10.41
week $ 9.39
% 10.86

Remarks

The ether market has seen a volatile bull run peaking at a new monthly high of .02441. The price has since fallen off to the .023 level in moderate trading volume. Poloniex reports 24hr Volume: 36485.02673787 BTC / 1562320.55508297 ETH. Industry experts say the growing number of exchanges offering ether, plus the initial crowdsale of DAO tokens ($78,840,000+ Wikipedia) are factors currently influencing the price of ether.

Price change

Price change is the percentage change within the period:

period change
day 2.82%
week 13.52%
month 15.69%

Chart

Tap or click chart to enlarge:

chart

Data source

Poloniex is the data source for this report.

Daily High Low

daily high .02441824
daily low .02191129

Trend

The weekly trend is up.

trend is UP

Support

Support is the lowest price within the period:

period support
day .02191129
week .01939
biweekly .01678
month .01513

Resistance

Resistance is the highest price within the period:

period resistance
day .02441824
week .02441
biweekly .02441
month .02441

Range

Range is the difference in price within the period:

period range
day 0.00250695
week 0.00274000
month 0.00312000

Market sentiment

Market sentiment is bullish.

sentiment bullish

Image courtesy Pixabay.com

Summary

Ether is up 2.82% on the day, up 13.52% on the week and up 15.69% on the month. The weekly trend is up. ETHBTC saw weekly support at .01939 and weekly resistance at .02441. Market sentiment is bullish.

Disclaimer

Past history is NOT an indicator of future results. Read the legal disclaimer:

http://kittybitcoin.com/docs/disclaimer.php

Printed

This report was printed on Saturday May 14 2016 00:15 hrs UTC.

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