AltcoinsEthereum

Ethereum Market Report: $ETH Struggles from 2018 Low

Brief:


Ether ($ETH) hit a 2018 low of $250.00 on August 13 2018 but in the two days since has struggled upwards. Ethereum is up 2.42% in 24 hours, down -20.28% on the week and down -39.53% on the month on a last price of $289.54. The Ethereum marketcap is $29,348,432,814 with a circulating supply of 101,362,274 $ETH. $ETH/USDT is trading between a 24hr high of $304.45 and a 24hr low of $276.30 on a 24hr Binance volume of $109,579,702. This trading volume is heavy. The weekly price trend is mixed.

Rank #2

Ethereum is ranked #2 today by cryptocurrency market capitalization.

Last price

289.54 $ETH/USDT

$USD

last price $ 289.54
one week ago $ 363.21

Price change

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

period change
day 2.42%
week -20.28%
month -39.53%

Volume

Volume

$ETH 24 hour volume
USDT $109,579,702
all $ETH currencies $1,823,231,083

The 24 hour volume for $ETH/USDT on Binance is $109,579,702. This volume weight is heavy when compared with Binance daily trading levels for $ETH over the last month.

The total 24 hour volume for all reporting $ETH markets is $1,823,231,083.

Market Share

The Binance currency pair $ETH/USDT is 6.01% of all $ETH traded in twenty-four hours. BitForex, Huobi and OKEx have higher market share today.

Top $ETH Pairs
Tap or click for detail:

Remarks

Ether ($ETH) hit a 2018 low of $250.00 on August 13 2018 but in the two days since has struggled upwards. Ethereum is up 2.42% in 24 hours, down -20.28% on the week and down -39.53% on the month on a last price of $289.54. The Ethereum marketcap is $29,348,432,814 with a circulating supply of 101,362,274 $ETH. $ETH/USDT is trading between a 24hr high of $304.45 and a 24hr low of $276.30 on a 24hr Binance volume of $109,579,702. In heavy volume trading the weekly trend is mixed.

One Year $ETH Chart

$ETH One Day Candles

Browse Ethereum Collection

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

Thursday August 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
-0.54% price $6,407.42
vol $4,680,189,903
mktcap $110,291,572,216
17.21M #XBT 16:18
http://kittybitcoin.com/bitcoin/24_hours_of_bitcoin.php

XBTLivePriceTM

Two Days Ago

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 ($ETH) hit a 2018 low of $250.00 on August 13 2018 but in the two days since has struggled upwards. Ethereum is up 2.42% in 24 hours, down -20.28% on the week and down -39.53% on the month on a last price of $289.54.
Ether ($ETH) hit a 2018 low of $250.00 on August 13 2018 but in the two days since has struggled upwards. Ethereum is up 2.42% in 24 hours, down -20.28% on the week and down -39.53% on the month on a last price of $289.54.

Data sources

Main Data Source

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

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 fine 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 $ 29,348,432,814
Circulating supply 101,362,274
Last price $ 289.54

Daily High Low

daily high 304.45 USDT
daily low 276.30 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 304.45 USDT
week 365.87 USDT

Support

Support is the lowest price within the period:

period support
day 276.30 USDT
week 250.00 USDT

Market sentiment

$ETH market sentiment is neutral.

sentiment neutral

Image courtesy Pixabay.com

Summary

Ether ($ETH) hit a 2018 low of $250.00 on August 13 2018 but in the two days since has struggled upwards. Ethereum is up 2.42% in 24 hours, down -20.28% on the week and down -39.53% on the month on a last price of $289.54. The Ethereum marketcap is $29,348,432,814 with a circulating supply of 101,362,274 $ETH. $ETH/USDT saw weekly resistance at $365.87 USDT and weekly (and 2018 low) support at $250.00 USDT . Market sentiment is neutral. The weekly price trend is mixed in daily heavy volume trading.

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Disclaimer

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Printed

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