The hourly display for ETH
Last updated November 22, 2020, 02: 037 GMT
Right now, the price of ETH is up $ 4.17 (0.77%) from the previous hour. This move is a reversal from the previous hour, which saw the price drop. 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 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
Ethereum is up 8.2% ($ 41.83) from the previous day, marking the 2nd consecutive day, it has increased. As for the volume trend, yesterday’s volume increased by 3.36% compared to the previous day (Friday) and by 179.05% 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
Trend 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 14 days the price of Ethereum has risen by 8.
