The hourly display for ETH
Last updated December 2, 2020, 02: 036 GMT
Right now, the price of ETH is down $ -3.61 (-0.61%) from the previous hour. This move is a reversal from the previous hour, which saw the price rise. If you are a trend trader, consider that the strongest clear trend on the hourly chart exists in the 100 hour period. The moving averages over the hourly timeframe suggest a fall in the price, as 20, 50, 100 and 200 are all in a bearish alignment, which means that the shorter duration moving averages are below the longer duration averages, the which implies a stable downward trend.
Ethereum Daily Price Summary
The end of a positive 3-day run came for Ethereum, which ended the previous day down 4.85% ($ 29.91). The price movement occurred on the volume which was up 42.37% from the previous day, but down 37.05% from the same day the previous week. Compared to other instruments in the Top Cryptos asset class, Ethereum ranked 3rd from the previous day in terms of percentage change in price. 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 14 days the price of Ethereum has risen by 7.
