(Last Updated May 28, 2020)
Welcome to the news page for Ethereum (ETH). Below you’ll find our daily market updates. Here’s a technical analysis summary of where things currently stand:
For Ethereum, we have to zoom out to the 90 day timeframe and beyond to see a clear trend; at that point, a very slight uptrend becomes apparent.
ETH’s moving averages tell a multi-facted story about its trend. The 50 and 200 day averages are pointing upwards, suggesting a bullish trend, while the 20 and 100 day averages are pointing downward, suggesting a bearish trend on those timeframes. Moreover, today we saw the 20 moving average turn bearish.
Below is a chart showing ETH’s price with its moving averages.
The announcement has garnered a considerable amount of criticism from ethereum (eth) fans, given the longstanding rivalry with the bitcoin (btc) “maximalists.”
How can defi upend the current financial system with 20 second block times?
The announcement has garnered a considerable amount of criticism from ethereum (eth) fans, given the longstanding rivalry with the bitcoin (btc) “maximalists.”
This move happened on lower volume, as yesterday’s volume was down 37.77% from the day before — and down 59.2% from the same day the week before.
The change in price came along side change in volume that was up 66.82% from previous day, but down 2.09% from the sunday of last week.
There are currently more than 200,000 erc tokens, which means that there is a huge cryptocurrency ecosystem running on a single blockchain….
We are happy to be misunderstood as long as it takes.
The change in price came along side change in volume that was up 11.23% from previous day, but down 2.53% from the wednesday of last week.
A spike in xrp demand around the current price levels may allow it to break above its 100-day moving average, which may trigger a further increase in buying pressure….
Relative to other instruments in the top cryptos asset class, ethereum ranked 3rd since the previous day in terms of percentage price change.