Ethereum Classic Market Report: $ETC Sinks to 2018 Quarterly Low

Brief:


Ethereum Classic is a bargain, sinking to its lowest price in the first quarter of 2018. Ethereum Classic is down -1.72% in 24 hours, down -9.19% on the week and down -48.93% on the month on a last price of $13.15. The Ethereum Classic marketcap is $1,328,166,530 with a circulating supply of 101,001,257 $ETC. $ETC/USDT is trading between a 24hr high of $13.82 and a 24hr low of $13.00 on a 24hr OKEx volume of $25,006,500. This trading volume is moderate. The weekly price trend is mixed.

Last price

13.15 $ETC/USDT

$USD

last price $ 13.15
one week ago $ 14.48

Price change

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

period change
day -1.72%
week -9.19%
month -48.93%

Volume

Volume

$ETC 24 hour volume
USDT $25,006,500
all $ETC currencies $90,193,200

The 24 hour volume for $ETC/USDT on OKEx is $25,006,500. This volume weight is moderate when compared with OKEx daily trading levels for $ETC over the last month.

The total 24 hour volume for all reporting $ETC markets is $90,193,200.

Market Share

The OKEx currency pair $ETC/USDT is 27.73% of all $ETC traded in twenty-four hours. OKEx has the top two $ETC pairs with USDT and BTC top volume. Being number one is even better when you’re also number two.

Top $ETC Pairs
Tap or click for detail:

Remarks

Ethereum Classic is a bargain, sinking to its lowest price in the first quarter of 2018. Ethereum Classic is down -1.72% in 24 hours, down -9.19% on the week and down -48.93% on the month on a last price of $13.15. The Ethereum Classic marketcap is $1,328,166,530 with a circulating supply of 101,001,257 $ETC. $ETC/USDT is trading between a 24hr high of $13.82 and a 24hr low of $13.00 on a 24hr OKEx volume of $25,006,500. This trading volume is moderate. The weekly price trend is mixed.

$ETC is at its lowest price this year at $13.00. This is not to say it is entirely a bear market because it is not.

Of the week’s daily candles four are red but three are green. The price may have found a bottom.

Looking back to February 5 2018 the bottom was found at $14.00.

On November 06 2017 the price sank to a low of $13.31 according to the OKEx one day candle chart.

The highest price in the short term is $46.46 on January 13 2018. Unless the market drops unexpectedly, the near term could see some attractive gains in $ETC over several months.

One Year $ETC Chart

$ETC One Day Candles

Browse Ethereum Classic Collection

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

Friday April 06 2018 Bitcoin Background

Altcoins such as Ethereum Classic ($ETC) may show a relationship with Bitcoin ($BTC) which changes with the alt, bitcoin and market conditions:

24 Hours of Bitcoin
24 Hours of #Bitcoin
-1.93% price $6,636.19
vol $3,911,960,000
mktcap $112,560,645,843
16.96M #XBT 20:00
http://kittybitcoin.com/bitcoin/24_hours_of_bitcoin.php

XBTLivePriceTM

Yesterday

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:

Ethereum Classic is a bargain, sinking to its lowest price in the first quarter of 2018. Ethereum Classic is down -1.72% in 24 hours, down -9.19% on the week and down -48.93% on the month on a last price of $13.15.
Ethereum Classic is a bargain, sinking to its lowest price in the first quarter of 2018. Ethereum Classic is down -1.72% in 24 hours, down -9.19% on the week and down -48.93% on the month on a last price of $13.15.

Data sources

Main Data Source

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

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 Classic market calculated using the formula:

market cap = ( circulating supply x last price )
Market cap $ 1,328,166,530
Circulating supply 101,001,257
Last price $ 13.15

Daily High Low

daily high 13.82 USDT
daily low 13.00 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 13.82 USDT
week 15.19 USDT

Support

Support is the lowest price within the period:

period support
day 13.00 USDT
week 13.00 USDT

Market sentiment

Market sentiment is bearish.

sentiment bearish

Image courtesy Pixabay.com

Summary

Ethereum Classic is a bargain, sinking to its lowest price in the first quarter of 2018. Ethereum Classic is down -1.72% in 24 hours, down -9.19% on the week and down -48.93% on the month on a last price of $13.15. The Ethereum Classic marketcap is $1,328,166,530 with a circulating supply of 101,001,257 $ETC. $ETC/USDT saw weekly resistance at $15.19 USDT and weekly support at $13.00 USDT. Market sentiment is bearish. The weekly price trend is mixed in daily moderate volume trading.

Analytic Strategy: Objective Analysis

Objective analysis begins free of subjectivity. Interpretation of technical analysis geometric patterns, for example perceived shapes on a trading chart, is inherently subjective. This report is free of technical subjectivity to the maximum extent reasonably possible.

Disclaimer

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

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

Printed

This report was printed on Friday April 06 2018 18:54 hours UTC. Contact KittyBitcoin to request custom reports. Share your thoughts with @KittyBitcoin on Twitter.

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Tags

Ethereum Classic, $ETC, USDT, OKEx, Market, Report, $ETC/USDT, altcoins