Ethereum

Ethereum Market Report: $ETH Up 9.36% in 24 Hours

Brief:


Ether has taken a significant move upward well past the former $300 resistance level. Ethereum is up 9.36% in 24 hours, up 13.08% on the week and up 24.12% on the month on a last price of 385,450 won or about $341.73. The Ethereum marketcap is $32,494,242,148 with a circulating supply of 95,087,473 $ETH. $ETH/KRW is trading between a 24hr high of 397,500 won ($353.17) and a 24hr low of 347,000 won ($308.30) on a 24hr Bithumb volume of $211,475,003. In moderate volume trading the weekly trend is mixed.

Last price

385450 $ETH/KRW

$USD

last price $ 341.73
one week ago $ 302.84
percentage 12.84%

Volume

Volume

$ETH 24 hour volume
KRW $211,475,003
all currencies $1,328,860,000

The 24 hour volume for $ETH/KRW on Bithumb is $211,475,003. This volume weight is moderate when compared with Bithumb daily trading levels for $ETH over the last month.

The total 24 hour volume for all reporting $ETH markets is $1,328,860,000.

Market Share

The Bithumb currency pair $ETH/KRW is 15.91% of all $ETH traded in twenty-four hours. Bithumb is the global leader in market share for Ethereum.

CoinMarketCap Top Ten Ethereum Markets 24 Hours

After Bithumb.com Bitfinex is number two with the former leader Poloniex at number three.

$ETH/BTC Poloniex One Week Chart

Remarks

Ether has taken a significant move upward well past the former $300 resistance level. Ethereum is up 9.36% in 24 hours, up 13.08% on the week and up 24.12% on the month on a last price of 385,450 won or about $341.73. The Ethereum marketcap is $32,494,242,148 with a circulating supply of 95,087,473 $ETH. $ETH/KRW is trading between a 24hr high of 397,500 won ($353.17) and a 24hr low of 347,000 won ($308.30) on a 24hr Bithumb volume of $211,475,003. In moderate volume trading the weekly trend is mixed.

Bitcoin has made a 9.21% gain in twenty-four hours but that’s not the whole story. Ether has climbed, day to day, on a higher percentage than bitcoin has. For example on Poloniex bitcoin is up 7.53% while ether is up 11.48% in the same time period.

The Byzantium Hard Fork is coming and news about this could be impacting the price. As the product matures, buyers see more reason to have confidence and invest.

CoinMarketCap.com YTD Chart

ETH/USD Bitfinex One Day Candles

Browse Ethereum Collection

Learn about the unique characteristics of $ETH. Browse our collection of Ethereum Market Reports.

Friday October 13 2017 Bitcoin Background

Altcoins such as Ethereum may show a relationship with bitcoin ($BTC) which changes with the alt, bitcoin and market conditions:

24 Hours of Bitcoin
24 Hours of #Bitcoin
8.02% price $5,727.89
vol $3,812,060,000
mktcap $95,200,968,534
16.62M #XBT 17:35 #FinTech
http://kittybitcoin.com/bitcoin/24_hours_of_bitcoin.php

XBTLivePriceTM

Yesterday

Altcoin Market Reports
We publish 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 9.36%
week 13.08%
month 24.12%

Highlight Chart

Tap / click to enlarge:

Bitfinex $ETH/USD One Hour Candles (US Dollars)
Bithumb $ETH/KRW One Week Chart (Korean Won)

Data source

Bithumb 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 $ 32,494,242,148
Circulating supply 95,087,473
Last price $ 341.73
Circulating supply data courtesy of CoinMarketCap.com.

Daily High Low

daily high 397500
daily low 347000

Trend

The weekly trend is mixed.

trend is MIXED

Resistance

Resistance is the highest price within the period:

period resistance
day 397500
week 397500

Support

Support is the lowest price within the period:

period support
day 347000
week 335000

Market sentiment

Market sentiment is neutral.

sentiment neutral

Image courtesy Pixabay.com

Summary

Ether has taken a significant move upward well past the former $300 resistance level. Ethereum is up 9.36% in 24 hours, up 13.08% on the week and up 24.12% on the month on a last price of 385,450 won or about $341.73. The Ethereum marketcap is $32,494,242,148 with a circulating supply of 95,087,473 $ETH. $ETH/KRW saw weekly resistance at 397,500 ($353.17) and weekly support at 335,000 ($297.64). Market sentiment is neutral. The weekly trend is mixed in moderate volume trading.

Analytic Strategy: Objective Analysis

Objective analysis begins free of subjectivity. Interpretation of technical analysis geometric patterns, for example perceived shapes on a trading chart, is inherently subjective. This report is free of technical 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 October 13 2017 15:57 hours UTC. Contact KittyBitcoin to request custom reports. Share your thoughts with @KittyBitcoin on Twitter.

Coming soon

Thanks for reading! 🙂

Tags

Ethereum, $ETH, KRW, Bithumb, Market, Report, $ETH/KRW, 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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