Ethereum Market Report: ETH/BTC Up 17.10% on the Month

Brief:


Ethereum is up 0.41% on the day, down -2.06% on the week and up 17.10% on the month on a last price of 0.02205533. ETH/BTC is trading between a 24hr high of 0.02239800 and a 24hr low of 0.02155000 on a 24hr volume of 6032 BTC or 274364 ETH. The weekly trend is mixed.

Last price

0.02205533 ETH/BTC

$USD

last price $ 13.29
one week ago $ 13.50
percentage -1.56%

Volume

Volume

The 24 hour volume on Poloniex is 6032.03497961 BTC or 274364.62464662 ETH.

Remarks

September is almost over and we’ve seen a pronounced turnaround on ether. The price started climbing on September 08 and reached a peak and monthly high of 0.02410000 on September 21. Since then we’ve seen mixed trading with support at approximately 0.0207 BTC. The Featured Chart shows this one month picture.

Two week chart
Zooming in to the finer two week detail level we see ETH/BTC has climbed for a week, dropped for two days and then essentially moved sideways for the balance of the time:

chart-eth-btc-2weeks-2016-09-28

News
The ICONOMI Blockchain Fund Management ICO raised $5.8 Million. Ethereum was chosen as the technological backbone for this blockchain powered fund management software.

CoinMarketCap.com
CoinMarketCap.com reports over a billion dollars and number two position in market capitalization of ether.

http://coinmarketcap.com/currencies/ethereum/

Price change

Price change is the percentage change within the period:

period change
day 0.41%
week -2.06%
month 17.10%

Featured Chart

Tap or click chart to enlarge:

chart-eth-btc-2016-09-28

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
$ 1,122,146,081 84435371 $ 13.29

Daily High Low

daily high 0.02239800
daily low 0.02155000

Trend

The weekly trend is mixed.

trend is MIXED

Support

Support is the lowest price within the period:

period support
day 0.02155000
week 0.02070300
biweekly 0.01950000
month 0.01780100

Resistance

Resistance is the highest price within the period:

period resistance
day 0.02239800
week 0.02299322
biweekly 0.02410000
month 0.02410000

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 0.00084800
week -0.00046423
month 0.00322056

Market sentiment

Market sentiment is neutral.

sentiment neutral

Image courtesy Pixabay.com

Summary

Ethereum is up 0.41% on the day, down -2.06% on the week and up 17.10% on the month. The weekly trend is mixed. ETH/BTC saw weekly support at 0.02070300 and weekly resistance at 0.02299322. 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 Wednesday September 28 2016 22:29 hours UTC. Contact KittyBitcoin to request custom reports.

Coming soon

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Tags

Ethereum, ETH/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