Ethereum Market Report: $ETH Slightly Bullish
|$ETH Price Change|
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Two driver’s license,
And now he has my ID.
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The Ethereum hourly trend is up. The last two price candles are green. Since hitting today’s yearly low of $81.79 six hours ago the trend has been up. This is also seen in the MACD results below.
[Trend is "up" when the hourly price movement is predominantly upwards.]
Real Time Market Depth
[The real time market depth is a fractional representation of the order book, used to assist in determining market direction.]
Tap / click to zoom:
Moving Average Convergence Divergence (MACD)
The MACD on the one hour chart is bullish.
Exponential Moving Averages (EMA)
Our short term EMA is sitting well below the long term EMA, but is closing in on the medium term EMA. The ascent angle and this condition is bullish.
Relative Strength Index (RSI)
The Relative Strength Index on the one hour chart is 51.9. This is a neutral state.
The RSI is smack in the middle of the neutral zone.
Bitcoin Price Modifier
The 24 hour Bitcoin change is -0.40%. This may exert a neutral influence on Ethereum today.
Ethereum $ETH Price Outlook
- the Ethereum $ETH price outlook is slightly bullish
- if the price finds acceptance at higher levels the immediate resistance prints at 85.00
- if the price finds acceptance at lower levels the immediate support prints at 81.79
The author does not hold Ethereum $ETH at the time of writing.
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