Ethereum

Ethereum Market Report: $ETH Dips Sub $200 Again

Brief:


Ether has again dipped sub $200 in a large sell-off a few hours ago. Ethereum is down -1.97% in 24 hours, down -12.75% on the week and down -5.34% on the month on a last price of $197.42. The Ethereum marketcap is $20,250,494,497 with a circulating supply of 102,575,699 $ETH. $ETH/USDT is trading between a 24hr high of $203.56 and a 24hr low of $194.33 on a 24hr Binance volume of $32,750,880. This trading volume is moderate to heavy. The weekly price trend is down.

Rank #2

Ethereum is ranked #2 today by cryptocurrency market capitalization.

Last price

197.42 $ETH/USDT

$USD

last price $ 197.42
one week ago $ 226.26

Price change

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

period change
day -1.97%
week -12.75%
month -5.34%

Volume

Volume

$ETH 24 hour volume
USDT $32,750,880
all $ETH currencies $1,200,822,963

The 24 hour volume for $ETH/USDT on Binance is $32,750,880. 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 $1,200,822,963.

Market Share

The Binance currency pair $ETH/USDT is 2.73% of all $ETH traded in twenty-four hours. 1.2 billion dollars of ether changed hands in twenty-four hours of which Binance traded about 2.11%.

Top $ETH Pairs
Tap or click for detail:

Remarks

Ether has again dipped sub $200 in a large sell-off a few hours ago. Ethereum is down -1.97% in 24 hours, down -12.75% on the week and down -5.34% on the month on a last price of $197.42. The Ethereum marketcap is $20,250,494,497 with a circulating supply of 102,575,699 $ETH. $ETH/USDT is trading between a 24hr high of $203.56 and a 24hr low of $194.33 on a 24hr Binance volume of $32,750,880. This trading volume is moderate to heavy. The weekly price trend is down.

Ether daily chart shows a Relative Strength Indicator of about 36.87 where 50 is the median. This indicates ether is oversold and a possible good buy at its current price. The daily low of $194.33 suggests $ETH may sink further, with a weekly support zone at $190.04.

If you looked a bit further back you’d find ether at a monthly – and yearly – low of $167.32 on September 11 2018.

The weekly and longer term trend is down, and it looks like we’re again closing in on the lowest prices of the year.

The dip comes after seeing a weekly high of $232.70.

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.

Monday October 15 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
0.04% price $6,303.03
vol $3,108,951,582
mktcap $109,183,643,803
17.32M #XBT 03:46
http://kittybitcoin.com/bitcoin/24_hours_of_bitcoin.php

Highlight Chart

Tap / click to enlarge:

Ether has again dipped sub $200 in a large sell-off a few hours ago. Ethereum is down -1.97% in 24 hours, down -12.75% on the week and down -5.34% on the month on a last price of $197.42.
Ether has again dipped sub $200 in a large sell-off a few hours ago. Ethereum is down -1.97% in 24 hours, down -12.75% on the week and down -5.34% on the month on a last price of $197.42.

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 $ 20,250,494,497
Circulating supply 102,575,699
Last price $ 197.42

Daily High Low

daily high 203.56 USDT
daily low 194.33 USDT

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 203.56 USDT
week 232.70 USDT

Support

Support is the lowest price within the period:

period support
day 194.33 USDT
week 190.04 USDT

Market sentiment

$ETH market sentiment is bearish.

sentiment bearish

Image courtesy Pixabay.com

Summary

Ether has again dipped sub $200 in a large sell-off a few hours ago. Ethereum is down -1.97% in 24 hours, down -12.75% on the week and down -5.34% on the month on a last price of $197.42. The Ethereum marketcap is $20,250,494,497 with a circulating supply of 102,575,699 $ETH. $ETH/USDT saw weekly resistance at $232.70 USDT and weekly support at $190.04 USDT. Market sentiment is bearish. The weekly price trend is down in daily moderate to heavy volume trading.

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Bitcoin & Ethereum

Disclaimer

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Printed

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