AltcoinsBitcoinEthereum

Ethereum Market Report: $ETH Drops to Third Rank

Brief:


Ether drops to third in market capitalization as Ripple $XRP picks up the slack. This comes after yesterday’s ‘Death Cross’ crash in $BTC and altcoins. Ethereum is down -1.01% in 24 hours, down -13.69% on the week and down -14.33% on the month on a last price of 183.66. The Ethereum marketcap is $18,957,651,874 with a circulating supply of 103,221,452 $ETH. $ETH/USDT is trading between a 24hr high of 190.00 and a 24hr low of 170.99 on a 24hr Binance volume of $90,585,244. This trading volume is heavy. The weekly price trend is down.

Rank #3

Ethereum is ranked #3 today by cryptocurrency market capitalization.

Last price

183.66 $ETH/USDT

$USD

last price $ 183.66
one week ago $ 212.79

Price change

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

period change
day -1.01%
week -13.69%
month -14.33%

Volume

Volume

$ETH 24 hour volume
USDT $90,585,244
all $ETH currencies $2,731,180,141

The 24 hour volume for $ETH/USDT on Binance is $90,585,244. 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 $2,731,180,141.

Market Share

The Binance currency pair $ETH/USDT is 3.32% of all $ETH traded in twenty-four hours. Binance ETH/USDT is sixth overall, while the Binance ETH/BTC pair is ranked twelth today.

Top $ETH Pairs
Tap or click for detail:

Remarks

Ether drops to third in market capitalization as Ripple $XRP picks up the slack. This comes after yesterday’s ‘Death Cross’ crash in $BTC and altcoins. Ethereum is down -1.01% in 24 hours, down -13.69% on the week and down -14.33% on the month on a last price of 183.66. The Ethereum marketcap is $18,957,651,874 with a circulating supply of 103,221,452 $ETH. $ETH/USDT is trading between a 24hr high of 190.00 and a 24hr low of 170.99 on a 24hr Binance volume of $90,585,244. This trading volume is heavy. The weekly price trend is down.

The bitcoin technical trading ‘death cross’ scenario catapulted prices into a deep dive beginning at 22:00 hours on November 13 two days ago. Arising out of this selloff was the re-emergence of Ripple $XRP as second ranked coin in market capitalization. $ETH fell to third rank overall.

$XRP Overtakes $ETH Again

The market has seen this flip several times. Each time the ascendancy of $XRP has been shortlived, with $ETH recovering and regaining its number two spot. However it appears that Ripple is doing a better job of marketing and utilizing its coin, and it may only be a matter of time before the development team of ether permanently lose out to the commercial banking focus of $XRP and its rising prominence and big corporate money appeal.

One Year $ETH Chart
2018 was mostly bearish for ether:

$ETH One Day Candles

Browse Ethereum Collection

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

Thursday November 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
-1.25% price $5,574.02
vol $7,101,784,753
mktcap $96,864,149,607
17.38M #XBT 20:47
http://kittybitcoin.com/bitcoin/24_hours_of_bitcoin.php

XBTLivePriceTM

Yesterday

Highlight Chart

Tap / click to enlarge:

Ether drops to third in market capitalization as Ripple $XRP picks up the slack. This comes after yesterday's 'Death Cross' crash in $BTC and altcoins. Ethereum is down -1.01% in 24 hours, down -13.69% on the week and down -14.33% on the month on a last price of $183.66.
Ether drops to third in market capitalization as Ripple $XRP picks up the slack. This comes after yesterday’s ‘Death Cross’ crash in $BTC and altcoins. Ethereum is down -1.01% in 24 hours, down -13.69% on the week and down -14.33% on the month on a last price of $183.66.

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 $ 18,957,651,874
Circulating supply 103,221,452
Last price $ 183.66

Daily High Low

daily high 190.00 USDT
daily low 170.99 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 190.00 USDT
week 215.55 USDT

Support

Support is the lowest price within the period:

period support
day 170.99 USDT
week 170.99 USDT

Market sentiment

$ETH market sentiment is bearish.

sentiment bearish

Image courtesy Pixabay.com

Summary

Ether drops to third in market capitalization as Ripple $XRP picks up the slack. This comes after yesterday’s ‘Death Cross’ crash in $BTC and altcoins. Ethereum is down -1.01% in 24 hours, down -13.69% on the week and down -14.33% on the month on a last price of $183.66. The Ethereum marketcap is $18,957,651,874 with a circulating supply of 103,221,452 $ETH. $ETH/USDT saw weekly resistance at $215.55 USDT and weekly support at today’s low of $170.99 USDT. Market sentiment is bearish. The weekly price trend is down in daily heavy volume trading.

Bitcoin & Ethereum

Disclaimer

Past history is NOT an indicator of future results. Read the legal disclaimer:

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

Printed

Thanks for reading! 🙂
13

Increase your traffic, readership & visibility

KittyBitcoin supplies blockchain intelligence on http://kittybitcoin.com, on industry leading websites, and through white label channels since 2014. Follow @KittyBitcoin on Twitter®.
Free AllCoinsNews Email Updates
Get the latest cryptotoken market news and blockchain developments!
We respect your privacy.