BitcoinEthereum

Ethereum Market Report: $ETH Sees Month Long Downtrend

Brief:


Ether hit a high of $1345.63 on January 14 2018 – and apart from weekly upticks – has been sliding on a downtrend since. Ethereum is up 1.65% in 24 hours, up 6.41% on the week and down -26.79% on the month on a last price of $934.25. The Ethereum marketcap is $91,219,953,254 with a circulating supply of 97,639,768 $ETH. $ETH/USD is trading between a 24hr high of $945.00 and a 24hr low of $903.04 on a 24hr Bitfinex volume of $189,789,000. This trading volume is moderate. The weekly price trend is mixed.

Last price

934.25 $ETH/USD

$USD

last price $ 934.25
one week ago $ 878.01

Price change

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

period change
day 1.65%
week 6.41%
month -26.79%

Volume

Volume

$ETH 24 hour volume
USD $189,789,000
all $ETH currencies $2,883,340,000

The 24 hour volume for $ETH/USD on Bitfinex is $189,789,000. This volume weight is moderate when compared with Bitfinex daily trading levels for $ETH over the last month.

The total 24 hour volume for all reporting $ETH markets is $2,883,340,000.

Market Share

The Bitfinex currency pair $ETH/USD is 6.58% of all $ETH traded in twenty-four hours. While Bitfinex has the top pair, OKEx has the next two top pairs of $ETH/USDT and in BTC which amounts to doubling the Bitfinex position. In percentages, OKEx carries over 12.5% of today’s market with these two pairs.

Top $ETH Pairs

Remarks

Ether hit a high of $1345.63 on January 14 2018 – and apart from weekly upticks – has been sliding on a downtrend since. Ethereum is up 1.65% in 24 hours, up 6.41% on the week and down -26.79% on the month on a last price of $934.25. The Ethereum marketcap is $91,219,953,254 with a circulating supply of 97,639,768 $ETH. $ETH/USD is trading between a 24hr high of $945.00 and a 24hr low of $903.04 on a 24hr Bitfinex volume of $189,789,000. This trading volume is moderate. The weekly price trend is mixed.

One Year Chart

One Day Candles

Browse Ethereum Collection

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

Friday February 16 2018 Bitcoin Background

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

24 Hours of Bitcoin
24 Hours of #Bitcoin
8.74% price $10,289.90
vol $9,166,390,000
mktcap $173,561,667,511
16.87M #XBT 01:14 #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.

Highlight Chart

Tap / click to enlarge:

Ether hit a high of $1345.63 on January 14 2018 - and apart from weekly upticks - has been sliding on a downtrend since. Ethereum is up 1.65% in 24 hours, up 6.41% on the week and down -26.79% on the month on a last price of $934.25.
Ether hit a high of $1345.63 on January 14 2018 – and apart from weekly upticks – has been sliding on a downtrend since. Ethereum is up 1.65% in 24 hours, up 6.41% on the week and down -26.79% on the month on a last price of $934.25.

Data sources

Main Data Source

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

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 market calculated using the formula:

market cap = ( circulating supply x last price )
Market cap $ 91,219,953,254
Circulating supply 97,639,768
Last price $ 934.25

Daily High Low

daily high 945.00 USD
daily low 903.04 USD

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 945.00 USD
week 945.00 USD

Support

Support is the lowest price within the period:

period support
day 903.04 USD
week 778.47 USD

Market sentiment

Market sentiment is neutral.

sentiment neutral

Image courtesy Pixabay.com

Summary

Ether hit a high of $1345.63 on January 14 2018 – and apart from weekly upticks – has been sliding on a downtrend since. Ethereum is up 1.65% in 24 hours, up 6.41% on the week and down -26.79% on the month on a last price of $934.25. The Ethereum marketcap is $91,219,953,254 with a circulating supply of 97,639,768 $ETH. $ETH/USD saw weekly resistance at $945.00 USD and weekly support at $778.47 USD . Market sentiment is neutral. 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 16 2018 01:07 hours UTC. Contact KittyBitcoin to request custom reports. Share your thoughts with @KittyBitcoin on Twitter.

Bitcoin & Ethereum

Thanks for reading! 🙂

Tags

Ethereum, $ETH, USD, Bitfinex, 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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