The hourly display for ETH
Last updated December 1, 2020, 02: 036 GMT
Currently, the price of ETH is down $ -1.6 (-0.26%) from the previous hour. This is a reversal of the price action in the previous hour, in which the price has risen. As for the trend of the hourly time frame, we see the clearest trend over the 50 hour time frame. The moving averages on the hourly time frame suggest a discontinuity in price, as 20, 50, 100 and 200 are all in a mixed alignment, which means that the trend across time periods is inconsistent, indicating a potential opportunity for rangebound traders.
Ethereum Daily Price Summary
Ethereum is up 6.97% ($ 40.14) from the previous day, marking the 3rd consecutive day, it has increased. The change in price was accompanied by the change in volume which increased 130.79% from the previous day, but down 14.81% from last week’s Monday. Compared to other instruments in the Top Cryptos asset class, Ethereum ranked sixth from the previous day in terms of percentage change in price. Below is a chart of Ethereum’s daily prices.
Ethereum technical analysis
The clearest trend exists in the 30 days timeframe, which shows the price increasing over time. For further context, note that the price has increased by 18 over the past 30 days.
