Ethereum Market Report: ETH/BTC Down -27.16% on the Month

Brief:


Ethereum is up 11.73% on the day, down -2.07% on the week and down -27.16% on the month on a last price of 0.00864499. ETH/BTC is trading between a 24hr high of 0.00890000 and a 24hr low of 0.00752565 on a 24hr volume of 14773 BTC or 1778041 ETH. The weekly trend is mixed.

Last price

0.00864499 ETH/BTC

$USD

last price $ 8.35
one week ago $ 8.56
percentage -2.45%

Volume

Volume

The 24 hour volume on Poloniex is 14773.77804947 BTC or 1778041.44363987 ETH.

Remarks

August 02 2016 was the last time we saw any significant strength in ether price and volume. On that date the daily volume was 71,610 BTC on a weighted average of 0.01623504. Using today’s bitcoin price that’s $15.74 per ether, contrasted with today’s price of just $8.35 per ether. Lower prices, much lower volume and generally lackadaisical performance have plagued ether since.

This month is no different. Even with today’s climb of 11.73% still ETH/BTC is down -27.16% on the month – see the chart below:

One Month Chart

chart-eth-btc-1month-4hours-2016-12-29

Zoom in for greater detail with the weekly Featured Chart.

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Price change

Price change is the percentage change within the period:

period change
day 11.73%
week -2.07%
month -27.16%

Featured Chart

Tap or click chart to enlarge:

chart-eth-btc-1week-2hours-2016-12-29

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 $ 729,742,180
Available supply 87394273
Last price $ 8.35

Daily High Low

daily high 0.00890000
daily low 0.00752565

Trend

The weekly trend is mixed.

trend is MIXED

Support

Support is the lowest price within the period:

period support
day 0.00752565
week 0.00730204
biweekly 0.00730204
month 0.00730204

Resistance

Resistance is the highest price within the period:

period resistance
day 0.00890000
week 0.00891039
biweekly 0.01018000
month 0.01193900

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 0.00137435
week -0.00018314
month -0.00322288

Market sentiment

Market sentiment is neutral.

sentiment neutral

Image courtesy Pixabay.com

Summary

Ethereum is up 11.73% on the day, down -2.07% on the week and down -27.16% on the month. The weekly trend is mixed. ETH/BTC saw weekly support at 0.00730204 and weekly resistance at 0.00891039. 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 Thursday December 29 2016 20:48 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,