Ethereum

Ethereum Market Report: ETH/BTC Crashes To 2016 Low

Brief:


Ether is up 0.72% on the day, down -34.44% on the week and down -46.87% on the month on a last price of 0.01628755. ETH/BTC is trading between a 24hr high of 0.01680204 and a 24hr low of 0.01370000, in a weekly down trend.

Last price

0.01628755 ETH/BTC

$USD

last price $ 11.88
one week ago $ 14.19
percentage -16.28%

Remarks

The negative press often seen with bitcoin finally hit the darling child of the crypto industry as the price of ether crashed on negative news about TheDAO hack. With approximately $150 million (in ether) invested in TheDAO, the price of ether was strongly affected by the negative DAO news and resulting fallout.

June 17 2016 saw 4,687,519 ether change hands. The price bottomed out to a new 2016 low of 0.01243657. In the last couple of days we have seen a resurgence to post crash high of 0.01795997.

At a current asset value of ~$11.88 ether has lost -46.87% on the month.

Price change

Price change is the percentage change within the period:

period change
day 0.72%
week -34.44%
month -46.87%

Chart

Tap or click chart to enlarge:

chart-ether-2016-06-20

Data source

Poloniex is the data source for this market report.

Market capitalization

Market capitalization is the total $US dollar value of the Ether market calculated using the formula:

market cap = ( available supply x last price )
Market cap Available supply Last price
$ 964,825,147 81214238 $ 11.88

Indicators

Daily High Low

daily high 0.01680204
daily low 0.01370000

Trend

The weekly trend is down.

trend is DOWN

Support

Support is the lowest price within the period:

period support
day 0.01370000
week 0.01243657
biweekly 0.01243657
month 0.01243657

Resistance

Resistance is the highest price within the period:

period resistance
day 0.01680204
week 0.02809900
biweekly 0.02809900
month 0.03310000

Margin trading

yes

The data source Poloniex offers margin trading on this digital asset.

Range

Range is the difference in price within the period:

period range
day 0.00310204
week -0.00855703
month -0.01436929

Market sentiment

Market sentiment is bearish.

sentiment bearish

Image courtesy Pixabay.com

Summary

Ether is up 0.72% on the day, down -34.44% on the week and down -46.87% on the month. The weekly trend is down. ETH/BTC saw weekly support at 0.01243657 and weekly resistance at 0.02809900. Market sentiment is bearish.

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 Monday June 20 2016 19:46 hours UTC. Contact KittyBitcoin to request custom reports.

Coming soon

Thanks for reading! 🙂

Tags

Ether, Poloniex, ETH/BTC, Brief, Last price, Remarks, Price change, Chart, Data source, Market capitalization, Indicators, Daily high low, Trend, Support, Margin trading, Resistance, Range, Market sentiment, Summary, Disclaimer, Printed, Coming soon, cryptocurrency, bitcoins, BTC, altcoins, investing, trading, speculation, coins, investment, digital, assets, tags

@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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