Ethereum

Ethereum Market Report: $ETH Above $300 for 24 Hours

Brief:

Ether has persisted above $300 for twenty-four hours, now eased off. Ethereum is down -2.87% in 24 hours, up 14.25% on the week and down -15.52% on the month on a last price of $293.29.

Last price

293.29 $ETH/USD

$USD

last price $ 293.29
one week ago $ 256.71
percentage 14.25%

Volume

Volume

The 24 hour volume on Bitfinex is 276,759 ETH.

Remarks

Ether has persisted above $300 for twenty-four hours, now eased off. Ethereum is down -2.87% in 24 hours, up 14.25% on the week and down -15.52% on the month on a last price of $293.29.

Ether marketcap is $27B on a circulating supply of 94.8M on a 24 hour total market volume of $542M.

Ether spent most of yesterday (September 27-28 2017) above $300. This was significant as this price resistance had not been overcome since the heady days of late August/early September. The price eased off early this morning as a new round of regulatory bad news (what regulatory news would be good news?) hit the newstands.

It is common for the financial establishment to produce unfavorable crypto news, their governments to impose jurisdictional restrictions and to maneuver to minimize impact on their own outmoded, money laundering prone, fiat debt based system.

Top Ten Ether Markets
There has been an upset in the ethereum markets:

Bitfinex has taken top market share away from Bithumb.com who was ether market leader at mid month. After Bitfinex, there are now two Korean crypto exchanges who traded more volume today than Poloniex. CoinOne.com is the second Korean exchange:

CoinMarketCap YTD Chart

The YTD chart suggests ether is on an uptrend, as does the Bitfinex chart.

One Day Candles

24 Hours of Bitcoin
24 Hours of #Bitcoin
0.09% price $4,163.90
vol $1,423,250,000
mktcap $69,097,784,419
16.59M #XBT 19:39 #FinTech
http://kittybitcoin.com/bitcoin/24_hours_of_bitcoin.php

XBTLivePriceTM
Bitcoin spot prices from four major exchanges at print time:

Yesterday

Altcoin Market Reports
We publish recent and topical Market Reports on many altcoins. Browse our extensive collection of Altcoin Market Reports.

Price change

Price change is the $ETH percentage change within the period:

period change
day -2.87%
week 14.25%
month -15.52%

Featured Chart

One Hour Candles

Data source

Bitfinex is the main data source for this report. Other sources are credited where used.

Market capitalization

Market capitalization is the total $US dollar value of the Ethereum market calculated using the formula:

market cap = ( circulating supply x last price )
Market cap $ 27,826,261,522
Circulating supply 94,876,271
Last price $ 293.29
Circulating supply data courtesy of CoinMarketCap.com.

Daily High Low

daily high 303.90
daily low 280.50

Trend

The weekly trend is mixed.

trend is MIXED

Support

Support is the lowest price within the period:

period support
day 280.50
week 198.00

Resistance

Resistance is the highest price within the period:

period resistance
day 303.90
week 315.51

Range

Range is the difference in price within the period:

period range
day 23.40000000
week 36.58000000

Market sentiment

Market sentiment is neutral.

sentiment neutral

Image courtesy Pixabay.com

Summary

Ether has persisted above $300 for twenty-four hours, now eased off. Ethereum is down -2.87% in 24 hours, up 14.25% on the week and down -15.52% on the month on a last price of $293.29. The weekly trend is mixed. $ETH/USD saw weekly resistance at $315.51 and weekly support at $198.00. Market sentiment is neutral.

Analytic Strategy

Objective analysis begins free of subjectivity. Interpretation of geometric patterns, for example perceived shapes on a trading chart, is inherently subjective. This report is free of subjectivity to the maximum extent reasonably possible.

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 Friday September 29 2017 18:32 hours UTC. Contact KittyBitcoin to request custom reports. Share your thoughts with @KittyBitcoin on Twitter.

Coming soon

Thanks for reading! 🙂

Tags

Ethereum, $ETH, USD, Poloniex, Market, Report, $ETH/USD, altcoins

@KittyBitcoin supplies mobile friendly blockchain intelligence on http://kittybitcoin.com. Their favorite color is pink and the bigger the wool ball the better.
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