Ethereum (ETH) closes last hour down $ -0.73; Pinbar pattern that appears on the chart, 2 day swipe taken, in an uptrend in the last 30 days

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The hourly display for ETH

Last updated November 19, 2020, 02: 036 GMT

Currently, the price of ETH has fallen $ -0.73 (-0.15%) from the previous hour. This move is a reversal from the previous hour, which saw the price rise. As for the trend of the hourly time frame, we see the clearest trend over the 100 hour time frame. The moving averages over the hourly timeframe suggest a downside in price, as 20, 50, 100 and 200 are all in a bearish alignment, which means that the shorter duration moving averages are lower than the longer duration averages, the which implies a stable downward trend.

Ethereum Daily Price Summary

Ripple in Ethereum’s recent daily price action continues; to start today, it came in at a price of US $ 478.76, down 0.82% ($ 3.95) from the previous day. The price movement occurred on the volume which was down 32.59% from the previous day, but up 41.83% from the same day the previous week. Of the 7 instruments in the Top Cryptos asset class, Ethereum finished in 2nd place for the day in terms of price change from the previous day. Let’s take a look at Ethereum’s daily price chart.

ETH

Ethereum technical analysis

The clearest trend exists in the 30 days timeframe, which shows the price increasing over time. For further context, please note that the price has increased by 5 in the past 10 days. Also, candle traders! Note that the pin bar pattern also appears here.

Heard on Twitter

Look! Here are the best Ethereum related tweets:

  • From VitalikButerin:

    @cryptonews @novogratz @ethereum It was the Ethereum Foundation, not me as an individual! I am grateful to @novogratz and other early buyers of EF’s ETH. If it wasn’t for them, maybe the EF wouldn’t have survived financially and Ethereum would have had a harder time growing to where it is today!

  • From TrustlessState:

    Here’s the plan: Pump up $ ETH to $ 10KEthereum now at $ 1.2T The Ethereum ecosystem has a trillion $$ it didn’t have We invest these earnings in new projects, initial investments, companies These companies build more products in 2-3 years Then $ ETH is legitimately worth $ 10,000

  • From scottelker:

    There is a famous saying that stocks are the only thing people refuse to buy when they are on sale. This seems to apply to Alts as well. Specifically Ethereum, I want $ ETH for sale and continue to DCA aggressively.

As for a news related to Ethereum receiving some buzz:

Ledger is ready for the Ethereum 2.0 revolution | Ledger

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17/11/2020
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Ledger is providing an Ethereum application update through a new version of its Nano X firmware … If you need more information on how to update your Ethereum application after updating your Nano X firmware, please visit our dedicated support page .

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