Market in last 24hrs
----------------------------------------------------------------------------------------
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
- ETHUSD saw an uptrend after the price observed support from the lower Bollinger band
- Price volatility was high. The market moved ~4.54% between $469.38 and $448.98
- ETHUSD expected to see an uptrend as the price observed higher lows with the Bollinger band starting to squeeze
- Price at the time of publishing: $465.57
- ETH’s market cap: $52.7 Billion
- Oscillator indicators are mostly neutral. RSI at 57
- Moving average indicators are suggesting an uptrend. Ichimoku Cloud is neutral
- Volume indicators observed a change from increasing with the price increase to decreasing with the price increase
----------------------------------------------------------------------------------------
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex