Ethereum Market Report: ETH/BTC Sideways Jog of 5787 Satoshis

Brief:


Ethereum is down -0.28% on the day, up 0.31% on the week and down -2.38% on the month on a last price of 0.01900955. ETH/BTC is trading between a 24hr high of 0.01943000 and a 24hr low of 0.01860188 on a 24hr volume of 6814 BTC or 358032 ETH. The weekly trend is mixed.

Last price

0.01900955 ETH/BTC

$USD

last price $ 10.87
one week ago $ 11.19
percentage -2.86%

Volume

Volume

The 24 hour volume on Poloniex is 6814.17554111 BTC or 358032.85275739 ETH.

Remarks

ETH/BTC is trading between a relatively narrow price range over the last two weeks. In a nutshell the price movement could be described as a “sideways jog” in which we see a weekly range of just 5787 satoshis.

One month chart
chart-ethbtc-1mo-2016-08-29

The one month chart in 4 hour candlesticks (above) readily shows the decreased price range. The sole exception is the July 31 to August 04 2016 slump which bottomed out at 0.01353001 after attaining a daily high of 0.01833014 BTC – yielding a volatile daily range of 0.00480013 ($2.75). This contrasts with today’s range of just 0.00082812 BTC ($00.47).

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Price change

Price change is the percentage change within the period:

period change
day -0.28%
week 0.31%
month -2.38%

Featured Chart

Tap or click chart to enlarge:

chart-ethbtc-2wks-2016-08-29

Data source

Poloniex is the data source for this market report.

Market capitalization

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

market cap = ( available supply x last price )
Market cap Available supply Last price
$ 907,195,286 83458628 $ 10.87

Daily High Low

daily high 0.01943000
daily low 0.01860188

Trend

The weekly trend is mixed.

trend is MIXED

Support

Support is the lowest price within the period:

period support
day 0.01860188
week 0.01860188
biweekly 0.01859300
month 0.01353001

Resistance

Resistance is the highest price within the period:

period resistance
day 0.01943000
week 0.01988600
biweekly 0.01988600
month 0.02129990

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 0.00082812
week 0.00005787
month -0.00046414

Market sentiment

Market sentiment is neutral.

sentiment neutral

Image courtesy Pixabay.com

Summary

Ethereum is down -0.28% on the day, up 0.31% on the week and down -2.38% on the month. The weekly trend is mixed. ETH/BTC saw weekly support at 0.01860188 and weekly resistance at 0.01988600. Market sentiment is neutral.

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 August 29 2016 18:31 hours UTC. Contact KittyBitcoin to request custom reports.

Thanks for reading! 🙂

Tags

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