The 24 hour volume for $ETH/USDT on Binance is $143,958,978. 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 $2,230,049,353.
$ETH trends down over the month on heavy volume. Ethereum is up 1.64% in 24 hours, down -4.85% on the week and down -20.48% on the month on a last price of $229.31. The Ethereum marketcap is $23,449,300,450 with a circulating supply of 102,260,261 $ETH. $ETH/USDT is trading between a 24hr high of $237.77 and a 24hr low of $214.18 on a 24hr Binance volume of $143,958,978. This trading volume is moderate to heavy. The weekly price trend is mixed.
The past week saw some of September’s highest daily volumes. This comes two and a half weeks after the 2018 low of $167.32.
The mixed weekly volume saw three days of green daily candles – but four of red.
The daily chart MACD (Binance default values 12/26/9) shows strong and continuous buying pressure over the last fifteen days, notwithstanding the downward price trend.
The relative strength index (RSI) on the one hour chart is sitting at 59.39, which indicates close to a neutral overbought/oversold condition. The four and six hour charts are similar.
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Saturday September 29 2018 Bitcoin Background
Altcoins such as Ethereum ($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
-1.66% price $6,549.56
17.30M #XBT 15:50
Main Data Source
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.
XBTLivePriceTM and 24 Hours of Bitcoin are fine data products from KittyBitcoin.com
Other sources are credited where used.
Market capitalization is the total $US dollar value of the Ethereum market calculated using the formula:
market cap = ( circulating supply x last price )
|Market cap||$ 23,449,300,450|
|Last price||$ 229.31|
Daily High Low
|daily high||237.77 USDT|
|daily low||214.18 USDT|
The weekly 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 is the highest price within the period:
Support is the lowest price within the period:
$ETH market sentiment is neutral.
Image courtesy Pixabay.com
$ETH trends down over the month on weekly heavy volume. Ethereum is up 1.64% in 24 hours, down -4.85% on the week and down -20.48% on the month on a last price of $229.31. The Ethereum marketcap is $23,449,300,450 with a circulating supply of 102,260,261 $ETH. $ETH/USDT saw weekly resistance at $249.73 USDT and weekly support at $203.61 USDT. Market sentiment is neutral. The weekly price trend is mixed in weekly and daily moderate to heavy volume trading.
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This report was generated on Saturday September 29 2018 14:43 hours UTC.
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