Ethereum

Ethereum Market Report: Daily $ETH Market Exceeds $2 Billion

Brief:


The worldwide market for ether today is $2,081,390,000 USD. OKEx has over sixteen percent. Ethereum is down -3.50% in 24 hours, up 2.60% on the week and down -29.36% on the month on a last price of $861.82. The Ethereum marketcap is $84,365,810,012 with a circulating supply of 97,892,611 $ETH. $ETH/USDT is trading between a 24hr high of $894.00 and a 24hr low of $860.20 on a 24hr OKEx volume of $166,352,000. This trading volume is light to moderate. The weekly price trend is mixed.

Last price

861.82 $ETH/USDT

$USD

last price $ 861.82
one week ago $ 839.98

Price change

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

period change
day -3.50%
week 2.60%
month -29.36%

Volume

Volume

$ETH 24 hour volume
USDT $166,352,000
all $ETH currencies $2,081,390,000

The 24 hour volume for $ETH/USDT on OKEx is $166,352,000. This volume weight is light to moderate when compared with OKEx daily trading levels for $ETH over the last month.

The total 24 hour volume for all reporting $ETH markets is $2,081,390,000.

Market Share

The OKEx currency pair $ETH/USDT is 7.99% of all $ETH traded in twenty-four hours. OKEx has the top two $ETH pairs: BTC (8.25%) and USDT (7.99%). This report uses the $ETH/USDT data set.

Top $ETH Pairs

Remarks

The worldwide market for ether today is $2,081,390,000 USD. OKEx has over sixteen percent. Ethereum is down -3.50% in 24 hours, up 2.60% on the week and down -29.36% on the month on a last price of $861.82. The Ethereum marketcap is $84,365,810,012 with a circulating supply of 97,892,611 $ETH. $ETH/USDT is trading between a 24hr high of $894.00 and a 24hr low of $860.20 on a 24hr OKEx volume of $166,352,000. This trading volume is light to moderate. The weekly price trend is mixed.

$ETH has seen a downtrend since a late January bounce upwards. Upticks slow the descent however it still is a downtrend. The top price was seen on January 09 when $ETH maxed out at $1420.

On January 22 we saw seven days of daily green candles. This was followed by nine days of red candles. The next day saw a low of $575 from which ether recovered reasonably well.

One Year Chart

One Day Candles

Browse Ethereum Collection

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

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Wednesday February 28 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
-1.2% price $10,616.10
vol $7,210,580,000
mktcap $179,318,933,722
16.89M #XBT 09:50
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:

The worldwide market for ether today is $2,081,390,000 USD. OKEx has over sixteen percent. Ethereum is down -3.50% in 24 hours, up 2.60% on the week and down -29.36% on the month on a last price of $861.82.
The worldwide market for ether today is $2,081,390,000 USD. OKEx has over sixteen percent. Ethereum is down -3.50% in 24 hours, up 2.60% on the week and down -29.36% on the month on a last price of $861.82.

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 market calculated using the formula:

market cap = ( circulating supply x last price )
Market cap $ 84,365,810,012
Circulating supply 97,892,611
Last price $ 861.82

Daily High Low

daily high 894.00 USDT
daily low 860.20 USDT

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 894.00 USDT
week 895.37 USDT

Support

Support is the lowest price within the period:

period support
day 860.20 USDT
week 785.00 USDT

Market sentiment

Market sentiment is bearish.

sentiment bearish

Image courtesy Pixabay.com

Summary

The worldwide market for ether today is $2,081,390,000 USD. OKEx has over sixteen percent. Ethereum is down -3.50% in 24 hours, up 2.60% on the week and down -29.36% on the month on a last price of $861.82. The Ethereum marketcap is $84,365,810,012 with a circulating supply of 97,892,611 $ETH. $ETH/USDT saw weekly resistance at $895.37 USDT and weekly support at $785.00 USDT. Market sentiment is bearish. The weekly price trend is mixed in daily light to 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 Wednesday February 28 2018 09:41 hours UTC. Contact KittyBitcoin to request custom reports. Share your thoughts with @KittyBitcoin on Twitter.

Thanks for reading! 🙂

Tags

Ethereum, $ETH, USDT, OKEx, Market, Report, $ETH/USDT, altcoins

KittyBitcoin supplies blockchain intelligence on http://kittybitcoin.com, on industry leading websites, and through white label channels since 2014. Follow @KittyBitcoin on Twitter®.
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