Ethereum Market Report: ETH/BTC Down -27.52% on the Month

Brief:


Ethereum is down -4.20% on the day, down -13.79% on the week and down -27.52% on the month on a last price of 0.01551002. ETH/BTC is trading between a 24hr high of 0.01650000 and a 24hr low of 0.01543909 on a 24hr volume of 9305 BTC or 582032 ETH. The weekly trend is mixed.

Last price

0.01551002 ETH/BTC

$USD

last price $ 11.02
one week ago $ 11.99
percentage 0.18%

Volume

Volume

The 24 hour volume on Poloniex is 9305.41480946 BTC or 582032.62363508 ETH.

Remarks

Ether ETH/BTC is back on top of the Poloniex volume mover position today followed by XMR, ZEC, FCT, XRP, MAID, ETC, DASH, REP and others – see below:

Digital Assets Sorted by Volume Decending, October 31 2016

list-coins-by-volume-poloniex-16-10-31

Month long trend
ETH/BTC has been on a month long slide broken only by an October 18 2016 spike to $12.95 then descending to the monthly low of $9.40 two days ago on October 29 2016. The detailed weekly chart illustrates the price and volume changes in the last week:

ETH/BTC One Week in Two Hour Candles

chart-eth-btc-1week-2hour-2016-10-31

Overall the most significant aspect of the preceding month of ether trading is the drop of -27.52% on the month in a persistent but mixed downtrend. The October 29 2016 monthly low of 0.01315000 was set on a large single day Poloniex volume of 16,870 BTC.

Price change

Price change is the percentage change within the period:

period change
day -4.20%
week -13.79%
month -27.52%

Chart

Tap or click chart to enlarge:

chart-eth-btc-1month-4hour-2016-10-31

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
$ 942,392,271 85516540 $ 11.02

Daily High Low

daily high 0.01650000
daily low 0.01543909

Trend

The weekly trend is mixed.

trend is MIXED

Support

Support is the lowest price within the period:

period support
day 0.01543909
week 0.01315000
biweekly 0.01315000
month 0.01315000

Resistance

Resistance is the highest price within the period:

period resistance
day 0.01650000
week 0.01834536
biweekly 0.02022798
month 0.02219799

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 0.00106091
week -0.00248032
month -0.00588804

Market sentiment

Market sentiment is neutral.

sentiment neutral

Image courtesy Pixabay.com

Summary

Ethereum is down -4.20% on the day, down -13.79% on the week and down -27.52% on the month. The weekly trend is mixed. ETH/BTC saw weekly support at 0.01315000 and weekly resistance at 0.01834536. 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 October 31 2016 20:46 hours UTC. Contact KittyBitcoin to request custom reports.

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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