Ethereum

Ethereum Market Report: Price Plummets $1.5 Billion $ETH Traded

Brief:


Ether is seeing downward pressure as $1.5 billion $ETH was traded in twenty-four hours worldwide and price plummets. Ethereum is down -10.77% in 24 hours, down -24.57% on the week and down -26.87% on the month on a last price of $614.32. The Ethereum marketcap is $60,317,222,983 with a circulating supply of 98,185,348 $ETH. $ETH/USD is trading between a 24hr high of $702.41 and a 24hr low of $612.86 on a 24hr Bitfinex volume of $89,641,200. This trading volume is moderate to heavy. The weekly price trend is down.

Last price

614.32 $ETH/USD

$USD

last price $ 614.32
one week ago $ 814.44

Price change

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

period change
day -10.77%
week -24.57%
month -26.87%

Volume

Volume

$ETH 24 hour volume
USD $89,641,200
all $ETH currencies $1,511,890,000

The 24 hour volume for $ETH/USD on Bitfinex is $89,641,200. This volume weight is moderate to heavy when compared with Bitfinex daily trading levels for $ETH over the last month.

The total 24 hour volume for all reporting $ETH markets is $1,511,890,000.

Market Share

The Bitfinex currency pair $ETH/USD is 5.93% of all $ETH traded in twenty-four hours. Bitfinex edged out nearest competitor OKEx for top $ETH pair. However, the good news ends there as OKEx has both number 2 and 3 top pairs. Huobi has 4 and 5 in a tight ether market. Browse the chart below for details:

Top $ETH Pairs

Remarks

Ether is seeing downward pressure as $1.5 billion $ETH was traded in twenty-four hours worldwide and price plummets. Ethereum is down -10.77% in 24 hours, down -24.57% on the week and down -26.87% on the month on a last price of $614.32. The Ethereum marketcap is $60,317,222,983 with a circulating supply of 98,185,348 $ETH. $ETH/USD is trading between a 24hr high of $702.41 and a 24hr low of $612.86 on a 24hr Bitfinex volume of $89,641,200. This trading volume is moderate to heavy. The weekly price trend is down.

One Year $ETH Chart

One Day $ETH Candles

Browse Ethereum Collection

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

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Wednesday March 14 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
-8.87% price $8,355.43
vol $5,810,600,000
mktcap $141,366,247,092
16.92M #XBT 18:52
http://kittybitcoin.com/bitcoin/24_hours_of_bitcoin.php

XBTLivePriceTM

Yesterday

Highlight Chart

Tap / click to enlarge:

Ether is seeing downward pressure as $1.5 billion $ETH was traded in twenty-four hours worldwide and the price plummets.
Ether is seeing downward pressure as $1.5 billion $ETH was traded in twenty-four hours worldwide and the price plummets.

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 $ 60,317,222,983
Circulating supply 98,185,348
Last price $ 614.32

Daily High Low

daily high 702.41 USD
daily low 612.86 USD

Trend

The weekly trend is down.

trend is DOWN

Trend is "down" when the weekly price movement is predominantly downwards.

Resistance

Resistance is the highest price within the period:

period resistance
day 702.41 USD
week 824.24 USD

Support

Support is the lowest price within the period:

period support
day 612.86 USD
week 612.86 USD

Market sentiment

Market sentiment is bearish.

sentiment bearish

Image courtesy Pixabay.com

Summary

Ether is seeing downward pressure as $1.5 billion $ETH was traded in twenty-four hours worldwide and price plummets. Ethereum is down -10.77% in 24 hours, down -24.57% on the week and down -26.87% on the month on a last price of $614.32. The Ethereum marketcap is $60,317,222,983 with a circulating supply of 98,185,348 $ETH. $ETH/USD saw weekly resistance at $824.24 USD and weekly support at $612.86 USD. Market sentiment is bearish. The weekly price trend is down in daily moderate to heavy 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 March 14 2018 18:42 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 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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