Ethereum Market Report: $ETH Bouyant

Brief:


A bitcoin $BTC dump bounced back higher and altcoins including ether moved up on the day. Ethereum is up 0.65% in 24 hours, down -3.27% on the week and down -14.24% on the month on a last price of $198.64. The Ethereum marketcap is $20,442,845,700 with a circulating supply of 102,914,044 $ETH. $ETH/USDT is trading between a 24hr high of $201.45 and a 24hr low of $193.01 on a 24hr Binance volume of $25,544,634. This trading volume is light. The weekly price trend is mixed.

Rank #2

Ethereum is ranked #2 today by cryptocurrency market capitalization.

Last price

198.64 $ETH/USDT

$USD

last price $ 198.64
one week ago $ 205.35

Price change

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

period change
day 0.65%
week -3.27%
month -14.24%

Volume

Volume

$ETH 24 hour volume
USDT $25,544,634
all $ETH currencies $1,446,776,788

The 24 hour volume for $ETH/USDT on Binance is $25,544,634. This volume weight is light when compared with Binance daily trading levels for $ETH over the last month.

The total 24 hour volume for all reporting $ETH markets is $1,446,776,788.

Market Share

The Binance currency pair $ETH/USDT is 1.77% of all $ETH traded in twenty-four hours. Binance holds fifteenth market share today overall.

Remarks

A bitcoin $BTC dump bounced back higher and altcoins including ether moved up on the day. Ethereum is up 0.65% in 24 hours, down -3.27% on the week and down -14.24% on the month on a last price of $198.64. The Ethereum marketcap is $20,442,845,700 with a circulating supply of 102,914,044 $ETH. $ETH/USDT is trading between a 24hr high of $201.45 and a 24hr low of $193.01 on a 24hr Binance volume of $25,544,634. This trading volume is light. The weekly price trend is mixed.

Altcoin and ether prices are in flux today following another $BTC dump. Initially the price of ether plummeted to a weekly low. The bounce back which came within 30 minutes sent prices higher than they started. Ether opened pre-dump at $196.39, sank to a low of $193.01 within two fifteen minute candles, then shot higher to $201.45 on the bounce back.

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 October 31 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
-0.11% price $6,330.37
vol $4,163,693,811
mktcap $109,843,815,750
17.35M #XBT 16:38
http://kittybitcoin.com/bitcoin/24_hours_of_bitcoin.php

XBTLivePriceTM

Yesterday

Highlight Chart

Tap / click to enlarge:

A bitcoin $BTC dump bounced back higher and altcoins including ether moved up on the day. Ethereum is up 0.65% in 24 hours, down -3.27% on the week and down -14.24% on the month on a last price of $198.64.
A bitcoin $BTC dump bounced back higher and altcoins including ether moved up on the day. Ethereum is up 0.65% in 24 hours, down -3.27% on the week and down -14.24% on the month on a last price of $198.64.

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 $ 20,442,845,700
Circulating supply 102,914,044
Last price $ 198.64

Daily High Low

daily high 201.45 USDT
daily low 193.01 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 201.45 USDT
week 209.00 USDT

Support

Support is the lowest price within the period:

period support
day 193.01 USDT
week 193.01 USDT

Market sentiment

$ETH market sentiment is neutral.

sentiment neutral

Image courtesy Pixabay.com

Summary

A bitcoin $BTC dump bounced back higher and altcoins including ether moved up on the day. Ethereum is up 0.65% in 24 hours, down -3.27% on the week and down -14.24% on the month on a last price of $198.64. The Ethereum marketcap is $20,442,845,700 with a circulating supply of 102,914,044 $ETH. $ETH/USDT saw weekly resistance at $209.00 USDT and weekly support at $193.01 USDT. Market sentiment is neutral. The weekly price trend is mixed in daily light volume trading.

Cryptocurrency Storage Safety

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

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! 🙂