Ethereum Classic Market Report: ETC/BTC Down -25.58% on the Month

Brief:


Ethereum Classic is up 0.35% on the day, down -0.70% on the week and down -25.58% on the month on a last price of 0.00218649. ETC/BTC is trading between a 24hr high of 0.00222299 and a 24hr low of 0.00215221 on a 24hr volume of 838 BTC or 383678 ETC. The weekly trend is mixed.

Last price

0.00218649 ETC/BTC

$USD

last price $ 1.32
one week ago $ 1.33
percentage -0.75%

Volume

Volume

The 24 hour volume on Poloniex is 838.77420471 BTC or 383678.51308734 ETC.

Remarks

Price Trend Stabilization?
Ethereum Classic has seen a price trend stabilization or reversal on September 14 and is slowly climbing on a gradual mixed uptrend. The price is down just -0.70% on the week which is significantly different than the price drops seen in previous reports.

September 14 saw 1207 ETC/BTC change hands. Two days later the week’s highest volume of 1678 was reached sending the price up to 0.00214659. The price has since climbed slightly higher on decreased volume. Overall day to day volume is down and overall coin position today on the Poloniex BTC tab is seventh on about 837 BTC traded (sorted by volume descending).

Ethereum Classic Market Reports Archive
Gain insight into Ethereum Classic history and performance. Browse our comprehensive collection of historical ETC/BTC Market Reports (opens in new window).

Price change

Price change is the percentage change within the period:

period change
day 0.35%
week -0.70%
month -25.58%

Featured Chart

Tap or click chart to enlarge:

chart-etcbtc-2w-2016-09-18

Data source

Poloniex is the data source for this market report.

Market capitalization

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

market cap = ( available supply x last price )
Market cap Available supply Last price
$ 110,956,490 84057947 $ 1.32

Daily High Low

daily high 0.00222299
daily low 0.00215221

Trend

The weekly trend is mixed.

trend is MIXED

Support

Support is the lowest price within the period:

period support
day 0.00215221
week 0.00205000
biweekly 0.00205000
month 0.00185000

Resistance

Resistance is the highest price within the period:

period resistance
day 0.00222299
week 0.00222910
biweekly 0.00254500
month 0.00314731

Margin trading

no

The data source Poloniex does NOT offer margin trading on this digital asset.

Range

Range is the difference in price within the period:

period range
day 0.00007078
week -0.00001538
month -0.00075151

Market sentiment

Market sentiment is neutral.

sentiment neutral

Image courtesy Pixabay.com

Summary

Ethereum Classic is up 0.35% on the day, down -0.70% on the week and down -25.58% on the month. The weekly trend is mixed. ETC/BTC saw weekly support at 0.00205000 and weekly resistance at 0.00222910. 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 Sunday September 18 2016 18:39 hours UTC. Contact KittyBitcoin to request custom reports.

Thanks for reading! 🙂

Tags

Ethereum Classic, ETC/BTC, Poloniex, Brief, Last price, Volume, 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

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