Ethereum Market Report: ETH/BTC Down -8.36% on the Week
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||$ 11.91|
|one week ago||$ 12.25|
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:
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 shows the marketshare of ether for major ether exchanges:
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 is the percentage change within the period:
Poloniex is the data source for this market report.
Market capitalization is the total $US dollar value of the Ethereum market calculated using the formula:
|Market cap||Available supply||Last price|
|$ 1,012,006,218||84971135||$ 11.91|
Daily High Low
The weekly trend is mixed.
Support is the lowest price within the period:
Resistance is the highest price within the period:
The data source Poloniex offers margin trading on this digital asset.
Range is the difference in price within the period:
Market sentiment is neutral.
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.
Past history is NOT an indicator of future results. Read the legal disclaimer:
This report was printed on Friday October 14 2016 20:55 hours UTC. Contact KittyBitcoin to request custom reports.
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