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Tuesday, April 5, 2016

ETH - .0256 btc - April 5th, 2016 (6:33 AM)

ALERT
(market moving day?)

Today's ETHEREUM Price .0256 (.0271)
Buy Support 10.5K BTC (11.0)
24 Hour ETH Volume 16.6K BTC (6.0)
# Available For Trade 697K (683)
24 Hour Range .0252 - .0270 (.0270-.0278)
(all figures from Poloniex) (yesterday)


The market was moving downward yesterday when EP was posting... and the downward trend accelerated later in the day but was indeed supported at the `new' possible support level of about .0252. While the market may remain restrained today despite higher volumes - the chance remains quite high that some significant movement may be the result today - either to test the lows and breach to .0238 .... OR... to rally strongly back up to at least the .0268 or more level. Most trading hugged the .0265 level yesterday and .0262 is more likely today as the norm.

The ETH fiat tether price is 10.86 at 6:27 AM.

Today's Predictions - Sustained volume over 10K.... hugging the .0262 band.... 24 hour range (.0254 - .0269)
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Grade of yesterday's predictions - C-
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