The hourly display for ETH
Last updated 21 November 2020, 02: 036 GMT
At the moment, the price of ETH is up $ 3.35 (0.65%) from the previous hour. This is a reversal of the price action in the previous hour, where the price has fallen. 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
510.43 (USD) was the day’s opening price for Ethereum, resulting in yesterday’s price when the price increased 8.18% ($ 38.61) from yesterday. The price movement occurred on the volume which was down 9.48% from the previous day, but up 98.14% from the same day the week before. Compared to other instruments in the Top Cryptos asset class, Ethereum has been ranked 2nd since yesterday in terms of percentage change in price. Here is a chart of Ethereum’s daily price.
Ethereum technical analysis
Trending traders will want to observe that the the strongest trend appears on day 30 horizon; in that period of time, the price went up. Or to look at it another way, note that over the past 10 days the price of Ethereum has risen by 5.
