Ethereum Market Report: ETH/BTC Down -8.36% on the Week

Brief:


Ethereum is down -0.66% on the day, down -8.36% on the week and down -3.98% on the month on a last price of 0.01871589. ETH/BTC is trading between a 24hr high of 0.01918200 and a 24hr low of 0.01849999 on a 24hr volume of 3220 BTC or 171280 ETH. The monthly trend is down – while the weekly trend is mixed.

Last price

0.01871589 ETH/BTC

$USD

last price $ 11.91
one week ago $ 12.25
percentage -2.78%

Volume

Volume

The 24 hour volume on Poloniex is 3220.58562224 BTC or 171280.56880319 ETH.

Remarks

The Featured Chart suggests that the price of ether has been in a downtrend for the last month. While this is true, looking at the seven day chart suggests the bottom was found and the turnaround is in progress:

chart-eth-btc-1week-2hours-2016-10-14

The weekly, biweekly, and monthly low of 0.01810000 was set on Tuesday October 11 2016 on a 24 hour volume of 7510 BTC. The last two weeks has seen significant other high volume days but none resulted in the price descending lower than Tuesday’s low.

The difference between the weekly low and today’s last price is about 60,000 satoshi. For the value of the change within a period see the Range.

EthereumWisdom.com
EthereumWisdom.com shows the marketshare of ether for major ether exchanges:

ethereumwisdom-2016-10-14

Poloniex.com has always been the runaway leader in ETH/BTC marketshare, and today is no exception.

Back to Poloniex data, ETH/BTC has risen to the top BTC tab volume position today, edging out XMR, HZ and POT on a volume of 3220 BTC.

Price change

Price change is the percentage change within the period:

period change
day -0.66%
week -8.36%
month -3.98%

Featured Chart

Tap or click chart to enlarge:

chart-eth-btc-2weeks-2hours-2016-10-14

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
$ 1,012,006,218 84971135 $ 11.91

Daily High Low

daily high 0.01918200
daily low 0.01849999

Trend

The weekly trend is mixed.

trend is MIXED

Support

Support is the lowest price within the period:

period support
day 0.01849999
week 0.01810000
biweekly 0.01810000
month 0.01810000

Resistance

Resistance is the highest price within the period:

period resistance
day 0.01918200
week 0.02056181
biweekly 0.02219799
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 0.00068201
week -0.00170683
month -0.00077553

Market sentiment

Market sentiment is neutral.

sentiment neutral

Image courtesy Pixabay.com

Summary

Ethereum is down -0.66% on the day, down -8.36% on the week and down -3.98% on the month. The weekly trend is mixed. ETH/BTC saw weekly support at 0.01810000 and weekly resistance at 0.02056181. 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 Friday October 14 2016 20:55 hours UTC. Contact KittyBitcoin to request custom reports.

Thanks for reading! 🙂

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

Free AllCoinsNews Email Updates
Get the latest cryptotoken market news and blockchain developments!
We respect your privacy.