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Ethereum Classic Market Report: $ETC March 05 Airdrop

Brief:


$ETC has responded well to the pause in the slide of bitcoin, and an expected airdrop in March. Ethereum Classic is up 18.70% in 24 hours, up 7.87% on the week and up 27.05% on the month on a last price of 0.002837 BTC or about $22.63. The Ethereum Classic marketcap is $2,256,788,246 with a circulating supply of 99,725,508 $ETC. $ETC/BTC is trading between a 24hr high of 0.002850 BTC ($22.73) and a 24hr low of 0.002439 BTC ($19.46) on a 24hr OKEx volume of $120,143,000. This trading volume is moderate. The weekly price trend is mixed.

Last price

0.002837 $ETC/BTC

$USD

last price $ 22.63
one week ago $ 20.97

Price change

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

period change
day 18.70%
week 7.87%
month 27.05%

Volume

Volume

$ETC 24 hour volume
BTC $120,143,000
all $ETC currencies $317,674,000

The 24 hour volume for $ETC/BTC on OKEx is $120,143,000. This volume weight is moderate when compared with OKEx daily trading levels for $ETC over the last month.

The total 24 hour volume for all reporting $ETC markets is $317,674,000.

Market Share

The OKEx currency pair $ETC/BTC is 37.82% of all $ETC traded in twenty-four hours. OKEx has the top two ETC pairs worldwide: BTC & USDT. Combined these represent over 46% of the ETC market:

Top Ten $ETC Pairs

Remarks

$ETC has responded well to the pause in the slide of bitcoin, and an expected airdrop in March. Ethereum Classic is up 18.70% in 24 hours, up 7.87% on the week and up 27.05% on the month on a last price of 0.002837 BTC or about $22.63. The Ethereum Classic marketcap is $2,256,788,246 with a circulating supply of 99,725,508 $ETC. $ETC/BTC is trading between a 24hr high of 0.002850 BTC ($22.73) and a 24hr low of 0.002439 BTC ($19.46) on a 24hr OKEx volume of $120,143,000. In moderate volume trading the weekly trend is mixed.

One Year Chart

Twelve Hour Candles

Browse Ethereum Classic Collection

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

Friday February 09 2018 Bitcoin Background

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

24 Hours of Bitcoin
24 Hours of #Bitcoin
-2.47% price $8,012.87
vol $8,479,250,000
mktcap $135,051,611,317
16.85M #XBT 08:40 #FinTech
http://kittybitcoin.com/bitcoin/24_hours_of_bitcoin.php

XBTLivePriceTM

Yesterday

Altcoin Market Reports
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Highlight Chart

Tap / click to enlarge:

$ETC has responded well to the pause in the slide of bitcoin, and an expected airdrop in March. Ethereum Classic is up 18.70% in 24 hours, up 7.87% on the week and up 27.05% on the month on a last price of 0.002837 BTC or about $22.63.
$ETC has responded well to the pause in the slide of bitcoin, and an expected airdrop in March. Ethereum Classic is up 18.70% in 24 hours, up 7.87% on the week and up 27.05% on the month on a last price of 0.002837 BTC or about $22.63.

Data sources

Main Data Source

OKEx is the main data source for this report. The One Day Candles chart, highlight chart, and digital asset numeric trading data are from OKEx.

Secondary

CoinMarketCap is the secondary data source for this report. The One Year Chart, cryptocurrency rank, token circulating supply, and daily market share are sourced from CoinMarketCap.com.

Tertiary

XBTLivePriceTM and 24 Hours of Bitcoin are data products from KittyBitcoin.com

Other sources are credited where used.

Market capitalization

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

market cap = ( circulating supply x last price )
Market cap $ 2,256,788,246
Circulating supply 99,725,508
Last price $ 22.63

Daily High Low

daily high 0.002850 BTC
daily low 0.002439 BTC

Trend

The weekly trend is mixed.

trend is MIXED

Trend is "mixed" when the week contains both green and red daily price candles, price movement up or down is significant, and there is no clear weekly price direction.

Resistance

Resistance is the highest price within the period:

period resistance
day 0.002850 BTC
week 0.002850 BTC

Today’s high was the high for the week.

Support

Support is the lowest price within the period:

period support
day 0.002439 BTC
week 0.002300 BTC

Market sentiment

Market sentiment is bullish.

sentiment bullish

Image courtesy Pixabay.com

Summary

$ETC has responded well to the pause in the slide of bitcoin, and an expected airdrop in March. Ethereum Classic is up 18.70% in 24 hours, up 7.87% on the week and up 27.05% on the month on a last price of 0.002837 BTC or about $22.63. The Ethereum Classic marketcap is $2,256,788,246 with a circulating supply of 99,725,508 $ETC. $ETC/BTC saw weekly resistance at 0.002850 BTC ($22.73) and weekly support at 0.002300 BTC ($18.34). Market sentiment is bullish. The weekly price trend is mixed in daily 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 February 09 2018 08:34 hours UTC. Contact KittyBitcoin to request custom reports. Share your thoughts with @KittyBitcoin on Twitter.

Bitcoin & Ethereum

Thanks for reading! 🙂

Tags

Ethereum Classic, $ETC, BTC, OKEx, Market, Report, $ETC/BTC, 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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