The hourly display for ETH
Last updated November 29, 2020, 02: 037 GMT
Currently, the price of ETH is up $ 2.98 (0.56%) from the previous hour. It was a party for the bears operating on an hourly time frame, as ETH has now fallen by 4 of the past 5 hours. If you are a trend trader, please consider that the strongest clear trend on the hourly chart 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
Ethereum’s 4-day streak has officially ended, as the previous day’s candle closed up 3.74% ($ 19.4). As for the volume trend, yesterday’s volume increased by 31.87% compared to the previous day (Friday) and by 11.22% compared to the previous week’s Saturday. Of the 7 instruments in the Top Cryptos asset class, Ethereum was ranked 5th for the day in terms of price change from the previous day. Here is a chart of Ethereum’s daily price.
Ethereum technical analysis
The clearest trend exists in the 30 days timeframe, which shows the price increasing over time. Or to look at it another way, note that over the past 30 days the price of Ethereum has risen by 17.
