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Ethereum Market Report: $ETH Trends Down

Brief:


$ETH trends down over the month on heavy volume. Ethereum is up 1.64% in 24 hours, down -4.85% on the week and down -20.48% on the month on a last price of $229.31. The Ethereum marketcap is $23,449,300,450 with a circulating supply of 102,260,261 $ETH. $ETH/USDT is trading between a 24hr high of $237.77 and a 24hr low of $214.18 on a 24hr Binance volume of $143,958,978. This trading volume is moderate to heavy. The weekly price trend is mixed.

Rank #2

Ethereum is ranked #2 today by cryptocurrency market capitalization.

Last price

229.31 $ETH/USDT

$USD

last price $ 229.31
one week ago $ 241.01

Price change

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

period change
day 1.64%
week -4.85%
month -20.48%

Volume

Volume

$ETH 24 hour volume
USDT $143,958,978
all $ETH currencies $2,230,049,353

The 24 hour volume for $ETH/USDT on Binance is $143,958,978. 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 $2,230,049,353.

Market Share

The Binance currency pair $ETH/USDT is 6.46% of all $ETH traded in twenty-four hours. Binance has top market share today.

Top $ETH Pairs
Tap or click for detail:

Remarks

$ETH trends down over the month on heavy volume. Ethereum is up 1.64% in 24 hours, down -4.85% on the week and down -20.48% on the month on a last price of $229.31. The Ethereum marketcap is $23,449,300,450 with a circulating supply of 102,260,261 $ETH. $ETH/USDT is trading between a 24hr high of $237.77 and a 24hr low of $214.18 on a 24hr Binance volume of $143,958,978. This trading volume is moderate to heavy. The weekly price trend is mixed.

The past week saw some of September’s highest daily volumes. This comes two and a half weeks after the 2018 low of $167.32.

The mixed weekly volume saw three days of green daily candles – but four of red.

The daily chart MACD (Binance default values 12/26/9) shows strong and continuous buying pressure over the last fifteen days, notwithstanding the downward price trend.

The relative strength index (RSI) on the one hour chart is sitting at 59.39, which indicates close to a neutral overbought/oversold condition. The four and six hour charts are similar.

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.

Saturday September 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
-1.66% price $6,549.56
vol $4,571,947,929
mktcap $113,276,153,745
17.30M #XBT 15:50
http://kittybitcoin.com/bitcoin/24_hours_of_bitcoin.php

XBTLivePriceTM

Highlight Chart

Tap / click to enlarge:

$ETH trends down over the month on heavy volume. Ethereum is up 1.64% in 24 hours, down -4.85% on the week and down -20.48% on the month on a last price of $229.31.
$ETH trends down over the month on heavy volume. Ethereum is up 1.64% in 24 hours, down -4.85% on the week and down -20.48% on the month on a last price of $229.31.

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 $ 23,449,300,450
Circulating supply 102,260,261
Last price $ 229.31

Daily High Low

daily high 237.77 USDT
daily low 214.18 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 237.77 USDT
week 249.73 USDT

Support

Support is the lowest price within the period:

period support
day 214.18 USDT
week 203.61 USDT

Market sentiment

$ETH market sentiment is neutral.

sentiment neutral

Image courtesy Pixabay.com

Summary

$ETH trends down over the month on weekly heavy volume. Ethereum is up 1.64% in 24 hours, down -4.85% on the week and down -20.48% on the month on a last price of $229.31. The Ethereum marketcap is $23,449,300,450 with a circulating supply of 102,260,261 $ETH. $ETH/USDT saw weekly resistance at $249.73 USDT and weekly support at $203.61 USDT. Market sentiment is neutral. The weekly price trend is mixed in weekly and daily moderate to heavy volume trading.

Cryptocurrency Storage Safety

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

Bitcoin & Ethereum

Disclaimer

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

Printed

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