Ethereum’s Latest Daily Transaction Count Stands At 1174260

The Daily View for Ethereum

  • Currently, ETH’s price is up $9.2 (0.44%) from the day prior.
  • It’s been a feast for bears operating on the daily timeframe, as Ethereum has now gone down 8 of the past 10 days.
  • Regarding the trend, note that the strongest trend exists on the 100 day timeframe.
  • The moving averages on the daily timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.

Ethereum’s hourly price chart is shown below.

ETH

The Daily View for Ethereum

  • At the time of this writing, ETH’s price is up $9.85 (0.47%) from the day prior.
  • This move is a reversal from the day prior, which saw price move down.
  • As for the trend on the daily timeframe, we see the clearest trend on the 20 day timeframe.
  • The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
  • Divergence between ETH’s price and its RSI may be manifesting. As such, be on the lookout for trend reversal in ETH’s price.

Below is a daily price chart of Ethereum.

ETH

The Latest From ETH’s Blockchain

  • Over the past 29 weeks, ETH’s daily transaction count has been in a clear downtrend, falling by about 1021.88 per day.
  • For ETH, its number of daily new addresses is now at 112407.
  • ETH has an average transaction value of 4.5677, down 15.24% from its value day prior.

Featured Ethereum Idea From TradingView

Below is a trading comment entitled ETHEREUM BETTER LOOK you may find interesting:

Better look at the Ethereum trend levels.A lot of tests on the resistance levels, possible A-B-C trend towards the EMA233.

tcholerson