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Sunday, April 3, 2016

ETH - .0277 btc - April 3rd, 2016

Today's ETHEREUM Price .0277     (.0272)
Buy Support 10.5K BTC     (10.6)
24 Hour ETH Volume 5.8K BTC     (12.2)
# Available For Trade 683K     (702)
24 Hour Range .0271 - .0279     (.0270-.0284)
(all figures from Poloniex)     (yesterday)

Hello readers... yesterday main trading news saw the continued decline in total ETH volume traded, indeed, the lack of volume caused all trading to be in the .0270's (as predicted) and `prevented' a major move in either direction price-wise. The ETH tether market was 11.65 USD at 7:34 A.M. at Poloniex.

(A `huge' buy was in progress during the updating of this report today.)

Today's Predictions - Can the volume go even lower? I doubt it... Look for volume to rise and the solid stability of the .0270's to be shattered EITHER way (today could be a dump?) as either the .0260's or .0280's will be touched at least. Predicted 24 hour range (.0268 - .0284) - most trading above .0275. (.0250's are more likely IMO than a .0290)
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Grade of YESTERDAY'S PREDICTIONS - B+
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