Time view for ETH
Last updated November 20, 2020 at 23:16 UTC
At the time of this writing, the price of ETH is down $ -2.03 (-0.4%) from the previous hour. It was a treat for the bears running on an hourly period as ETH has now gone down 4 of the last 5 hours. As for the trend on the hourly calendar, we see the clearest trend over the 100 hour period. Moving averages over the hourly period suggest that the price is falling, as the 20, 50, 100, and 200 are all in a bearish alignment – meaning that shorter duration moving averages are lower than longer duration averages, this which implies a stable downward trend.
Ethereum Daily Price Summary
Ethereum closed yesterday down 1.45% ($ 6.94); this denotes the 2nd day in a row it has fallen. As for how the volume behaved, yesterday’s volume was up 25.06% from the previous day (Wednesday) and 116.84% from Thursday of the previous week. Those who trade within the Top Cryptos asset class should know that Ethereum was the worst performing in the class yesterday. Here is a chart of Ethereum’s daily prices.
Ethereum technical analysis
Ethereum’s volatility has contracted over the past two weeks compared to last month’s volatility. The return of volatility will be something to watch. Trend traders will want to observe that the the strongest trend appears on day 30 horizon; during this period the price increased. For more context, note that the price has increased by 16 over the last 30 days.