Time view for ETH
Last update January 2, 2021 02:48 GMT
Currently, the price of ETH is up $ 3.06 (0.42%) from the previous hour. This is the 2nd hour in a row that ETH has seen its price rise. As for the trend on the hourly calendar, we see the clearest trend over the 20 hour period. Regarding moving averages, it should first be noted that the price has crossed the 100 and 20 moving averages of the hour, so the price is now rotating above them. Moving averages over the hourly period suggest price movement as the 20, 50, 100, and 200 are all in a mixed alignment – meaning the trend across the periods is inconsistent, indicating potential. opportunity for range traders.
Ethereum Daily Price Summary
Ethereum entered today down 0.89% ($ 6.55) since the opening the day before, marking the 2nd consecutive day, a drop has occurred. The price move occurred on a volume down 20.87% from the previous day, but up 9.56% from the same day the week before. Traders within the Top Cryptos asset class should be aware that Ethereum was the worst performing in the class the day before. Let’s take a look at the Ethereum Daily Price Chart.
Ethereum technical analysis
Trend traders will want to observe that the the strongest trend appears on the 90th day horizon; during this period the price increased. For another point of view, consider that the price of Ethereum has risen by 9 of the last 14 trading days.
Heard on Twitter
See! Here are the best Ethereum related tweets:
- Of sassal0x:
My 2021 predictions for Ethereum: – $ ETH will outperform $ BTC
– Non-USD stable coins will gain ground
– Layer 2 adoption will soar
– EIP-1559 will be put online
– eth2 phase 1 will be put online
– DeFi tokens will replace most of the dead coins in the top 30
- Of iamDCinvestor:
Points on #Ethereum $ ETH that many don’t get (yet): – It’s an asset layer, not just an application layer
– ETH is the best programmable value store for DeFi
– ETH supply hardens (consumption of fees + low PoS issuance)
– L2 will scale Ethereum for a wide range of applications this year
- Of sassal0x:
Happy New Year everyone 🙂 As a New Year’s gift to all Ethereans, today I’m announcing that the @thedailygwei ecosystem will * never * have sponsors / ads on the daily newsletter or on the entire YouTube channel .I will continue to produce free Ethereum content until I drop dead or go crazy 🤪
For a longer article on ETH that has sparked some discussion, check out:
Litecoin’s MimbleWimble code will be ready by Q1 2021 – Ethereum World News
Check out the latest Bitcoin (BTC) news and updates… .— David Burkett (@ DavidBurkett38) December 28, 2020 Mr. Burkett also explained that the activation schedule will be decided by the Litecoin community as well as the LTC miners .