Source : Ethereum Market Report: $ETH Tops 00
Ether has reached a new all time high of $1424.30 on Bitfinex.com. Ethereum is up 12.92% in 24 hours, up 47.31% on the week and up 123.69% on the month on a last price of $1418.20. The Ethereum marketcap is $137,508,477,707 with a circulating supply of 96,959,863 $ETH. $ETH/USD is trading between a 24hr high of $1424.30 and a 24hr low of $1252.50 on a 24hr Bitfinex volume of $265,008,000. In daily moderate volume trading the weekly trend is mixed.
Daily high low
Bitcoin & Ethereum Market Reports
one week ago
Price change is the $ETH percentage change within the period:
24 hour volume
all $ETH currencies
The 24 hour volume for $ETH/USD on Bitfinex is $265,008,000. This volume weight is 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 $5,596,940,000.
The Bitfinex currency pair $ETH/USD is 4.73% of all $ETH traded in twenty-four hours. Bithumb.com is daily market share leader with 8.43% on the ETH/KRW pair. Binance (8.18%) and OKEx (5.67%) are second and third both with the ETH/BTC pair.
Ether has reached a new all time high of $1424.30 on Bitfinex.com. Ethereum is up 12.92% in 24 hours, up 47.31% on the week and up 123.69% on the month on a last price of 1418.20. The Ethereum marketcap is $137,508,477,707 with a circulating supply of 96,959,863 $ETH. $ETH/USD is trading between a 24hr high of 1424.30 and a 24hr low of 1252.50 on a 24hr Bitfinex volume of $265,008,000. In moderate volume trading the weekly trend is mixed.
Of the last seven daily candles the last one is green and the two before are red. This is not a powerful rally which will continue forever. In fact, the red candles suggest that support is weakening significantly.
One Year Chart
One Day Candles
Ether on the world’s largest ether exchange has an astounding last price:
$1935.21 is what ether is priced at in Korea. This may be shades of what is yet to come for western exchanges.
Bitfinex Reopens New Account Registration
After closing new registrations temporarily in order to strengthen infrastructure, Bitfinex has again opened its doors to new customers. Well heeled customers, that is. A new account on Bitfinex will cost you a cool $10,000 in account equity before Bitfinex allows you to trade: “New accounts will need to deposit fiat or crypto to achieve minimum account equity of 10,000 USD equivalent before they can trade or offer funding.”
reference: Bitfinex Reopens Registrations January 12, 2018
Browse Ethereum Collection
Learn about the unique characteristics of $ETH. Browse our collection of Ethereum Market Reports.
Saturday January 13 2018 Bitcoin Background
Altcoins such as Ethereum may show a relationship with bitcoin (BTC) which changes with the alt, bitcoin and market conditions:
24 Hours of Bitcoin
24 Hours of #Bitcoin
2.95% price $14,326.90
16.80M #XBT 21:19 #FinTechhttp://kittybitcoin.com/bitcoin/24_hours_of_bitcoin.php
Altcoin Market Reports
We publish topical Market Reports on many altcoins. Browse our extensive collection of Altcoin Market Reports.
Tap / click to enlarge:
Bitfinex is the main data source for this report. 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 )
Circulating supply data courtesy of CoinMarketCap.com.
Daily High Low
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:
Market sentiment is neutral.
Image courtesy Pixabay.com
Ether has reached a new all time high of $1424.30 on Bitfinex.com. Ethereum is up 12.92% in 24 hours, up 47.31% on the week and up 123.69% on the month on a last price of 1418.20. The Ethereum marketcap is $137,508,477,707 with a circulating supply of 96,959,863 $ETH. $ETH/USD saw weekly resistance at 1424.30 USD and weekly support at 951.40 USD . Market sentiment is neutral. The weekly trend is mixed in daily moderate volume trading.
With two of the last three hourly candles in the red traders are showing support is weak for a rising ether. However it did rise, and to a new all time high.
Also with the onset of the weekend we are likely to see more purchase of ether by weekend traders.
A line can be drawn near the top of the last several candles right through the $1414 price level. This is suggesting a resistance level has formed at or near this mark.
Look for the price to stay bouyant over the weekend but to pull back with the arrival of Monday.
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.
Past history is NOT an indicator of future results. Read the legal disclaimer:
This report was printed on Saturday January 13 2018 21:14 hours UTC. Contact KittyBitcoin to request custom reports. Share your thoughts with @KittyBitcoin on Twitter.
Watch for our next Bitcoin & Ethereum Market Reports coming soon – or browse reports:
Thanks for reading!
Ethereum, $ETH, USD, Bitfinex, Market, Report, $ETH/USD, altcoins