Ethereum

(Last Updated March 4, 2021)

Welcome to the news page for Ethereum (ETH). Below you’ll find our daily market updates. Here’s a technical and fundamental summary of where things currently stand:

The Trend

As for trends on ETH, we’re seeing a downtrend on shorter timeframes — but an uptrend on the 90 day timeframe. As such, traders with short positions should be aware of the uptrend in place on the longer timeframes.

ETH Moving Averages

ETH’s moving averages tell a multi-facted story about its trend. Out of the moving averages we’re monitoring (20, 50, 100, and 200 days), all but the 20 are bullish, implying a upward trend, save for a drop that occurred about 3 weeks ago.

Below is a chart showing ETH’s price with its moving averages.

The View From the Weekly Timeframe

At the time of this writing, ETH’s price is up $108.42 (7.42%) from the week prior. ETH has seen its price go up 4 out of the past 5 weeks, thus creating some compelling opportunities for bulls. Regarding the trend, note that the strongest trend exists 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. ETH’s weekly price action over the past 52 weeks can be seen via the chart below.