Market in last 24hrs
- ETHUSD saw an uptrend as a breakout with a gap up observed in price
- Price was very high. The market moved ~8.18% between $617.87 and $571.11
Today’s Trend analysis
- ETHUSD expected to see a sideways movement with upper band resistance and moving upwards
- Price at the time of publishing: $608.66
- ETH’s market cap: $69.17 Billion
- Oscillator indicators are mostly neutral. at 69
- Moving average indicators are suggesting an uptrend. is neutral
- Volume indicators observed a change from increasing with an increase in price to a decrease in with an increase in price
Price expected to see a sideways movement with upper band resistance and moving upwards. Most of the Oscillator indicators are neutral. line moving above the signal line, with the histogram size decreasing in the positive region suggesting bias. at 69, in the neutral region above the midline, close to the overbought region. with a value of around 105 in the overbought region indicating a downtrend soon. Another interesting point to notice here is that the observed a change from increasing with an increase in price to a decrease in with an increase in price indicating a shift from buyers to sellers.
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
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