Price of Ethereum (ETH) close to $ 463.29; 2 Day Up Streak Ended, in an uptrend for the past 30 days, pin bar pattern displayed on the chart

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The hourly display for ETH

Last updated November 13, 2020, 02: 037 GMT

At the moment, the price of ETH is down $ -2.13 (-0.46%) from the previous hour. This is a reversal of the price action in the previous hour, in which the price has risen. Regarding the trend, note that the strongest trend exists in the 100 hour time frame. Note that the 50 hours have changed direction on ETH; now points down. 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 entered $ 462.78 today, down 0.24% ($ 1.13) from yesterday. The change in price was accompanied by the change in volume which fell by 18.2% from the previous day, but up 83.39% from last week’s Thursday. Compared to other instruments in the Top Cryptos asset class, Ethereum has ranked 5th since yesterday in terms of percentage change in price. The Ethereum Daily Price Chart below illustrates.

ETH

Ethereum technical analysis

Trending traders will want to observe that the the strongest trend appears on day 14 horizon; in that period of time, the price went up. Or to look at it another way, note that over the past 30 days the price of Ethereum has risen by 16. As for candlestick traders, we should note that we are seeing the pin bar pattern appearing here.

Heard on Twitter

Look! Here are the best Ethereum related tweets:

  • From CaitlinLong_:

    Since #Ethereum works through its #hardfork, it’s worth asking your exchange / custodian for them:
    * if he no longer supports the old chain, can he just break his contract with you?
    * can he hold the forked coins or does he have to give them to you?
    The #Wyoming law has consumer protections for this! 🤠

  • From AlexSaundersAU:

    @RaoulGMI There is a surprising amount of people who believe they are smarter than the surprisingly large amount of smart people who build on Ethereum. A group spends its days developing cutting-edge technology. Others spend their days unleashing major wars from their keyboard.

  • From peter_szilagyi:

    Tomorrow (November 12) Google will release a security release (CVE-2020-28362) for #golang, in the form of Go v1.15.5 and v1.14.12, a critical release for #Ethereum! We will release a new geth version with it, but if you use an older version, you will need to rebuild!

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