The hourly display for ETH
Last updated November 17, 2020, 08: 016 GMT
Currently, the price of ETH is down $ -0.47 (-0.1%) from the previous hour. This move is a reversal from the previous hour, which saw the price rise. Regarding the trend, note that the strongest trend exists in the 50 hour period. 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
Ripple in Ethereum’s recent daily price action continues; to start today, it came in at a price of US $ 461.01, up 2.79% ($ 12.5) from the previous day. The price movement occurred on a stronger volume; in particular, yesterday’s volume increased by 163.56% compared to the previous day and by 195.12% compared to the same day the previous week. Those trading within the Top Cryptos asset class should know that Ethereum was the worst performer in the class over the previous day. Below is a chart of Ethereum’s daily prices.
Ethereum technical analysis
Trending traders will want to observe that the the strongest trend appears on day 30 horizon; in that time, the price has gone up. For another point of view, consider that Ethereum’s price has risen by 17 of the previous 30 trading days.
