Ethereum (ETH) Heads Up For the 3rd Day In A Row
Out of the 5 instruments in the top cryptos asset class, ethereum ended up ranking 3rd for the day in terms of day-over-day price change.
Last Updated February 25, 2021 at 2:50 GMT
The instruments in the Top Cryptos asset class that made the biggest moves, on a percentage basis, over the past day were Stellar, Ethereum, and Litecoin. The chart below illustrates. None of the moves in the past day were especially noteworthy in terms of their size relative to their volatility over the past 30 days.
Out of the 5 instruments in the top cryptos asset class, ethereum ended up ranking 3rd for the day in terms of day-over-day price change.
Price action traders in particular will want to note that the 30 day period appears to show price forming a base; this could indicate that a support/resistance level is developing.
For additional context, note that price has gone up 8 out of the past 14 days.
On a relative basis, ripple was the worst performer out of all 5 of the assets in the top cryptos asset class.
Volatility for bitcoin has exploded over the past two weeks relative to the past 30 days, which technical traders will want to note.
Volatility for bitcoin cash has exploded over the past two weeks relative to the past 30 days, which technical traders will want to note.
Volatility for litecoin has exploded over the past two weeks relative to the past 30 days, which technical traders will want to note.
Our first attempt was to take a hex trie after a block is executed and convert it to a binary one just before extracting the witness from it….
We will call a zero-confirmation tx a transaction with an instant receipt for a zk sync block which has not yet been published to ethereum….
This move happened on lower volume, as yesterday’s volume was down 38.74% from the day before — and down 1.99% from the same day the week before.