AltcoinsBitcoinEthereum

Ethereum Market Report: $ETH Sheds 38% Monthly

Brief:


Ether has gone sideways daily but has shed over 38% monthly in a continuing dismal performance. Ethereum is down -0.00% in 24 hours, up 6.49% on the week and down -38.20% on the month on a last price of $288.24. The Ethereum marketcap is $29,293,440,635 with a circulating supply of 101,628,645 $ETH. $ETH/USDT is trading between a 24hr high of $298.00 and a 24hr low of $284.54 on a 24hr Binance volume of $97,409,057. This trading volume is moderate to heavy. The weekly price trend feels like sideways at 6.49%.

Rank #2

Ethereum is ranked #2 today by cryptocurrency market capitalization.

Last price

288.24 $ETH/USDT

$USD

last price $ 288.24
one week ago $ 270.68

Price change

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

period change
day -0.00%
week 6.49%
month -38.20%

Volume

Volume

$ETH 24 hour volume
USDT $97,409,057
all $ETH currencies $1,507,246,902

The 24 hour volume for $ETH/USDT on Binance is $97,409,057. This volume weight is moderate to 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 $1,507,246,902.

Market Share

The Binance currency pair $ETH/USDT is 6.46% of all $ETH traded in twenty-four hours. Binance is third after Bitforex and DOBI trade.

Top $ETH Pairs
Tap or click for detail:

Remarks

Ether has gone sideways daily but has shed over 38% monthly in a continuing dismal performance. Ethereum is down -0.00% in 24 hours, up 6.49% on the week and down -38.20% on the month on a last price of $288.24. The Ethereum marketcap is $29,293,440,635 with a circulating supply of 101,628,645 $ETH. $ETH/USDT is trading between a 24hr high of $298.00 and a 24hr low of $284.54 on a 24hr Binance volume of $97,409,057. This trading volume is moderate to heavy. The weekly price trend feels like sideways at 6.49%.

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.

Wednesday August 29 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
-0.85% price $6,991.22
vol $4,340,101,102
mktcap $120,516,606,866
17.24M #XBT 17:06
http://kittybitcoin.com/bitcoin/24_hours_of_bitcoin.php

XBTLivePriceTM

Highlight Chart

Tap / click to enlarge:

Ether has gone sideways daily but has shed over 38% monthly in a continuing dismal performance. Ethereum is down -0.00% in 24 hours, up 6.49% on the week and down -38.20% on the month on a last price of $288.24.
Ether has gone sideways daily but has shed over 38% monthly in a continuing dismal performance. Ethereum is down -0.00% in 24 hours, up 6.49% on the week and down -38.20% on the month on a last price of $288.24.

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 $ 29,293,440,635
Circulating supply 101,628,645
Last price $ 288.24

Daily High Low

daily high 298.00 USDT
daily low 284.54 USDT

Trend

The weekly trend is sideways.

trend is SIDEWAYS

Trend is "sideways" when there is no clear weekly price movement in any direction.

Resistance

Resistance is the highest price within the period:

period resistance
day 298.00 USDT
week 298.00 USDT

Support

Support is the lowest price within the period:

period support
day 284.54 USDT
week 267.55 USDT

Market sentiment

$ETH market sentiment is neutral.

sentiment neutral

Image courtesy Pixabay.com

Summary

Ether has gone sideways daily but has shed over 38% monthly in a continuing dismal performance. Ethereum is down -0.00% in 24 hours, up 6.49% on the week and down -38.20% on the month on a last price of $288.24. The Ethereum marketcap is $29,293,440,635 with a circulating supply of 101,628,645 $ETH. $ETH/USDT saw weekly resistance at $298.00 USDT and weekly support at $267.55 USDT. Market sentiment is neutral. The weekly price trend feels like sideways in daily moderate to heavy volume trading.

Ethereum $ETH Forecast
Also see our Ethereum $ETH Forecast with insights from several technical analysts:

http://allcoinsnews.com/2018/08/26/ethereum-eth-forecast-sunday-edition-anemic/

Cryptocurrency Storage Safety

Don’t RISK your crypto on an exchange. Use a COLD STORAGE bitcoin safe from Trezor.

Disclaimer

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http://kittybitcoin.com/docs/disclaimer.php

Printed

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