Ethereum Market Report: ETH/BTC Peaks at 0.05789989

Brief:


This week ether set a new all time high (ATH) of 0.05789989 ETH/BTC. Ethereum is down -0.84% on the day, up 22.49% on the week and up 300.66% on the month on a last price of 0.05062008. ETH/BTC is trading between a 24hr high of 0.05199470 and a 24hr low of 0.04901000 on a 24hr volume of 23404 BTC or 462951 ETH. The weekly trend is mixed.

Last price

0.05062008 ETH/BTC

$USD

last price $ 52.10
one week ago $ 42.53
percentage 22.50%

Volume

Volume

The 24 hour volume on Poloniex is 23404.14788662 BTC / 462951.59605843 ETH.

Remarks

This week on March 24 2017 ether set a new all time high (ATH) of 0.05789989 ETH/BTC. The peak came quickly on the heels of an ATH of 0.04560694 – seen a week earlier on March 17. It may not be over. Ether volume remains heavy and weekly support remains at 0.03966498 which while not close to the ATH still hasn’t shown much red.

One Month Chart
The one month chart shows the two price peaks:

Browse Historical Archive
Gain insight into this digital asset. Browse our vast collection of Ethereum Market Reports available in ETH/BTC.

Weekly Data
Jump to the detailed weekly data on our Featured Chart.

ETH 24 Hour Market Share
The twenty-four hour market share snapshot on EthereumWisdom.com:

Bitcoin Price
The current bitcoin price:

Short Term Outlook
The short term outlook for ether is rosy as trading volume continues high, price is bouyant, bitcoin is sub 1100 and stable, and press news for ether is good. A new ATH could be coming soon.

Price change

Price change is the percentage change within the period:

period change
day -0.84%
week 22.49%
month 300.66%

Featured Chart

Tap or click chart to enlarge:

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 $ 4,702,116,123
Available supply 90251749
Last price $ 52.10

Daily High Low

daily high 0.05199470
daily low 0.04901000

Trend

The weekly trend is mixed.

trend is MIXED

Support

Support is the lowest price within the period:

period support
day 0.04901000
week 0.03966498
biweekly 0.03189799
month 0.01240801

Resistance

Resistance is the highest price within the period:

period resistance
day 0.05199470
week 0.05789989
biweekly 0.05789989
month 0.05789989

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 0.00298470
week 0.00929584
month 0.03798598

Market sentiment

Market sentiment is bullish.

sentiment bullish

Image courtesy Pixabay.com

Summary

Ether has set a new all time high (ATH) of 0.05789989 ETH/BTC. Ethereum is down -0.84% on the day, up 22.49% on the week and up 300.66% on the month. The weekly trend is mixed. ETH/BTC saw weekly support at 0.03966498 and weekly resistance at 0.05789989. Market sentiment is bullish.

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 March 30 2017 19:15 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

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