Ethereum Market Report: $ETH Up 56.23% on the Month

Brief:


Ether turned around April 01 on a low of $358. The change was long awaited having fallen from a high of $1115.80 in early January 2018. Ethereum is up 5.84% in 24 hours, up 15.09% on the week and up 56.23% on the month on a last price of $695.80. The Ethereum marketcap is $68,962,733,554 with a circulating supply of 99,112,868 $ETH. $ETH/USD is trading between a 24hr high of $700.00 and a 24hr low of $663.20 on a 24hr Bitfinex volume of $129,872,000. This trading volume is light to moderate. The weekly price trend is mixed.

Last price

695.80 $ETH/USD

$USD

last price $ 695.80
one week ago $ 604.56

Price change

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

period change
day 5.84%
week 15.09%
month 56.23%

Volume

Volume

$ETH 24 hour volume
USD $129,872,000
all $ETH currencies $2,613,020,000

The 24 hour volume for $ETH/USD on Bitfinex is $129,872,000. This volume weight is light to moderate when compared with Bitfinex daily trading levels for $ETH over the last month.

The total 24 hour volume for all reporting $ETH markets is $2,613,020,000.

Market Share

The Bitfinex currency pair $ETH/USD is 4.97% of all $ETH traded in twenty-four hours. Today OKEx trails with 4.86% in USDT.

Top $ETH Pairs
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Remarks

Ether turned around April 01 on a low of $358. The change was long awaited having fallen from a high of $1115.80 in early January 2018. Ethereum is up 5.84% in 24 hours, up 15.09% on the week and up 56.23% on the month on a last price of $695.80. The Ethereum marketcap is $68,962,733,554 with a circulating supply of 99,112,868 $ETH. $ETH/USD is trading between a 24hr high of $700.00 and a 24hr low of $663.20 on a 24hr Bitfinex volume of $129,872,000. This trading volume is light to moderate. The weekly price trend is mixed.

Ether has climbed steadily since falling to a low of $358 on April 01 2018.

This week we saw stiff resistance at the $700 level – about where we are now. On the 25th $ETH was sold off to a daily low of $596.10.

Two days later – April 27 – a $687.28 resistance level saw a smaller sell off to a low of $640.70.

Unless volume increases significantly there is likely to be similar sell offs at the top end $700 resistance level today and in the near term. There has been a lack of strength beyond the $700 mark.

In February we saw support at the low 800’s – a level one might expect a push to end at should the $700 mark be substantively passed.

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.

Sunday April 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
3.82% price $9,480.78
vol $8,577,380,000
mktcap $161,216,274,299
17.00M #XBT 05:09
http://kittybitcoin.com/bitcoin/24_hours_of_bitcoin.php

XBTLivePriceTM April 28

April 25

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:

Ether turned around April 01 on a low of $358. The change was long awaited having fallen from a high of $1115.80 in early January 2018. Ethereum is up 5.84% in 24 hours, up 15.09% on the week and up 56.23% on the month on a last price of $695.80.
Ether turned around April 01 on a low of $358. The change was long awaited having fallen from a high of $1115.80 in early January 2018. Ethereum is up 5.84% in 24 hours, up 15.09% on the week and up 56.23% on the month on a last price of $695.80.

Data sources

Main Data Source

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

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 $ 68,962,733,554
Circulating supply 99,112,868
Last price $ 695.80

Daily High Low

daily high 700.00 USD
daily low 663.20 USD

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 700.00 USD
week 712.00 USD

Support

Support is the lowest price within the period:

period support
day 663.20 USD
week 591.20 USD

Market sentiment

Market sentiment is neutral.

sentiment neutral

Image courtesy Pixabay.com

Summary

Ether turned around April 01 on a low of $358. The change was long awaited having fallen from a high of $1115.80 in early January 2018. Ethereum is up 5.84% in 24 hours, up 15.09% on the week and up 56.23% on the month on a last price of $695.80. The Ethereum marketcap is $68,962,733,554 with a circulating supply of 99,112,868 $ETH. $ETH/USD saw weekly resistance at $712.00 USD and weekly support at $591.20 USD. Market sentiment is neutral. The weekly price trend is mixed in daily light to moderate volume trading.

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Disclaimer

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

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Printed

This report was printed on Sunday April 29 2018 04:05 hours UTC. Contact KittyBitcoin to request custom reports. Share your thoughts with @KittyBitcoin on Twitter.

Bitcoin & Ethereum

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Tags

Ethereum, $ETH, USD, Bitfinex, Market, Report, $ETH/USD, altcoins