(Last Updated April 15, 2021)
Hello! This is the news page for Ethereum. Below you’ll find our daily market updates. Here’s a technical and fundamental summary of where things currently stand:
If we observe the 90, 30 and 14 day timeframes, we see an uptrend in place for ETH.
Across several time periods between 20 and 200 days, the trend on ETH has remained consistently bullish.
The chart below illustrates.
At the moment, ETH’s price is up $298.04 (13.97%) from the week prior. Moreover, note that the weekly chart shows that ETH has seen 3 straight up weeks. As for the trend on the weekly timeframe, we see the clearest trend on the 20 week timeframe. Looking further out, the moving averages on the weekly timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The weekly chart below shows ETH’s price action over the past year.
This move happened on lower volume, as yesterday’s volume was down 34.51% from the day before — and down 35.21% from the same day the week before.
3 price action traders may also wish to note that we see a pin bar candlestick pattern on ethereum.
They can hoard tokens and take them to validation to earn a yield of more tokens….
Well, it’s clear that this industry is here to stay.
Smooth ux for ethereum l2 is coming!
As for how volume fared, yesterday’s volume was up 13.08% from the previous day (saturday), and up 7.07% from sunday of the week before.
It is not immutable and can be censored.
Do you agree with jpmorgan on ether outperforming bitcoin?
Eos, tron, neo in 2017.
Ethereum outperformed all 7 assets in the top cryptos asset class since yesterday.