Ethereum Market Report: ETH/BTC Sets New All Time High
Ethereum has set a new all time high and is down -16.73% on the day, up 81.74% on the week and up 168.10% on the month on a last price of 0.03321509. ETH/BTC is trading between a 24hr high of 0.04200000 and a 24hr low of 0.03330000 on a 24hr volume of 68136 BTC or 1818321 ETH. The weekly trend is mixed.
|last price||$ 31.53|
|one week ago||$ 17.35|
Ethereum is down -16.73% on the day, up 81.74% on the week and up 168.10% on the month after setting a new all time high (ATH). The ATH was set on Friday, March 17 2017 and reached 0.04740000 BTC per ether. The daily volume was reported as 130,148 BTC of ether.
Trading was brisk and was observed to overload serving capability with several failed transactions noted on an otherwise robust serving network. At one point over 13,000 traders were online at the same time on Poloniex.com. Poloniex is the largest ether exchange in the world.
The rally kicked off in earnest on March 10 2017 on a daily volume of 21,942 BTC and a price of just 0.01644271 BTC. On Thursday March 16 the volume was 112,142 BTC of ether and the next day on Friday the highest volume of 130,148 BTC was reached. Today Saturday the volume is down to 72,664 BTC while the price is down substantially from the daily high of 0.04200000. This indicates either the end of the rally, or a lull before the next push upwards. It’s too soon to tell – and volume is still heavy for this digital asset.
You’d have to go back over a month to February 12 2017 to find bitcoin in a sub 1000 price. On that date bitcoin traded at $984.
One Month Chart
The one month chart shows the rally taking off in earnest around March 10 2017 however smaller gains were made earlier:
Browse Historical Collection
Gain insight into this digital asset. Browse our comprehensive archive of Ethereum Market Reports in ETH/BTC – the world’s most popular ether trading pair [opens in new tab].
Also available, our Ethereum Market Report in ETC/BTC – Classic Ethereum [opens in new tab].
Review the latest weekly ether price and volume detail with the Featured Chart.
Price change is the percentage change within the period:
Poloniex is the data source for this market report.
Market capitalization is the total $US dollar value of the Ethereum market calculated using the formula:
|Market cap||$ 2,834,030,003|
|Last price||$ 31.53|
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 -16.73% on the day, up 81.74% on the week and up 168.10% on the month. The weekly trend is mixed. ETH/BTC saw weekly support at 0.01784000 and weekly resistance at 0.04740000. Market sentiment is neutral.
Past history is NOT an indicator of future results. Read the legal disclaimer:
This report was printed on Saturday March 18 2017 23:35 hours UTC. Contact KittyBitcoin to request custom reports.
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