ETHEREUM 24hr VOLUME / PRICE COMPARISON / CRYPTO CURRENCY POLONIEX
🐒 24hr VOLUME ETH
🐒 24hr VOLUME ETH / CRYPTO CURRENCY ( ALT COINS ) and ETH price comparison at Poloniex
I feel like a lot of Ethereum when purchased goes to Poloniex in order to trade other Alt coins.
So I decided to start watching the 24hr volume of ETH traded on Poloniex to see how it correlates with the Ethereum price.
🐒 The 24hr volume ETH is the number of ETHEREUM used to trade AltCoins on Poloniex .
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CHART # 1:
BLUE COLUMN = 24hr volume Altcoins traded using Ethereum at Poloniex
VIOLET LINE = ETH PRICE
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SUMMARY
🐒 With the turmoil in Bitcoin concerning the bip-148 and the “user activated soft fork” or “UASF.”I feel more people may start entering the crypto world through Ethereum.
Note: I don't have much data yet on this but I will be updating and posting this regularly .
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DISCLAIMER : This content is for informational, educational and research purposes only.
Please get the advice of a competent financial advisor before investing your money in any financial instrument.
It is strongly recommend that you consult with a licensed financial professional before using any information provided here . Any market data or news commentary used here is for illustrative and informational purposes only.
Please voice your opinions in the comments below.
SUMMARY
🐒 With the turmoil in Bitcoin concerning the bip-148 and the “user activated soft fork” or “UASF.”I feel more people may start entering the crypto world through Ethereum.
Note: I don't have much data yet on this but I will be updating and posting this regularly .
wow..you earn 4$ in one upvote
Great post...expect a slight drop in trading volume as the ICO hosted over the last couple days drop...but don't count this giant out of the race just yet... I did an interest post not to long ago on it here is the link https://steemit.com/ethereum/@daudimitch/ethereum-is-less-than-7-billion-usd-away-from-overtaking-bitcoin-marketcap
ETH currently sits within a clear range and has to brake either way it to find its direction. The almost horizontal alignment of key 13, 34 and 89 WMAs on 1H time frame also confirm the market's indecisiveness. Red and blue horizontal lines depict braking levels.
https://www.mql5.com/en/charts/7233946/ethusd-h1-distel-enterprises-co
@me-tarzan good post keep on steeming
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Thanks for sharing Happy Hard Fork 19 Day to you
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