Ethereum Market Report: ETH/BTC Down -8.58% on the Week

Brief:


Ethereum is down -5.78% on the day, down -8.58% on the week and down -27.03% on the month on a last price of 0.01354396. ETH/BTC is trading between a 24hr high of 0.01456073 and a 24hr low of 0.01323001 on a 24hr volume of 6631 BTC or 479259 ETH. The weekly trend is mixed.

Last price

0.01354396 ETH/BTC

$USD

last price $ 10.23
one week ago $ 10.59
percentage -3.40%

Volume

Volume

The 24 hour volume on Poloniex is 6631.64284218 BTC or 479259.96041567 ETH.

Remarks

The month long snapshot of ether shows a largely descending price:

chart-eth-btc-1month-4hour-2016-11-16

The last two weeks of this mixed descent is seen in the Featured Chart.

Website
https://ethereum.org/foundation

About
“The Ethereum Foundation’s mission is to promote and support research, development and education to bring decentralized protocols and tools to the world that empower developers to produce next generation decentralized applications (dapps), and together build a more globally accessible, more free and more trustworthy Internet.”

Price change

Price change is the percentage change within the period:

period change
day -5.78%
week -8.58%
month -27.03%

Featured Chart

This chart shows two weeks elapsed time in four hour candlesticks.

Tap or click chart to enlarge:

chart-eth-btc-2weeks-4hour-2016-11-16

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
$ 880,092,087 86030507 $ 10.23

Daily High Low

daily high 0.01456073
daily low 0.01323001

Trend

The weekly trend is mixed.

trend is MIXED

Support

Support is the lowest price within the period:

period support
day 0.01323001
week 0.01323001
biweekly 0.01323001
month 0.01315000

Resistance

Resistance is the highest price within the period:

period resistance
day 0.01456073
week 0.01508997
biweekly 0.01612043
month 0.02022798

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 0.00133072
week -0.00127094
month -0.00501700

Market sentiment

Market sentiment is bearish.

sentiment bearish

Image courtesy Pixabay.com

Summary

Ethereum is down -5.78% on the day, down -8.58% on the week and down -27.03% on the month. The weekly trend is mixed. ETH/BTC saw weekly support at 0.01323001 and weekly resistance at 0.01508997. Market sentiment is bearish.

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 Thursday November 17 2016 03:24 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