ETHUSD(4Hr) : ETH not looking to give up yet
Market in the last 24hrs
The price saw consolidated movement with a slight indication of bullish momentum. The price can be seen moving along the middle Bollinger band. The trading volume has been moderate for the last 24 hours.
Today’s Trend analysis
The price is expected to continue to move in a slightly bullish consolidated movement along with the middle Bollinger band.
Price volatility was low at approximately 3.5%, with the day's range between $2209— $2334.
Price at the time of publishing: $2303
ETH's market cap: $269 Billion
However, the Indicator summary is giving a 'BUY' signal on ETHUSD.
Out of 11 Oscillator indicators, 2 are giving a SELL signal, 9 are neutral and 0 are giving a BUY signal.
Out of 15 Moving average indicators, 1 is giving a SELL signal, 1 is neutral and 13 are giving a BUY signal.
Trading volume has been moderate in the last 24 hours.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
Note: Above analysis would hold if we do not encounter a sudden jump in trade volume.
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Any feedback and suggestions would help in further improving the analysis!
The price saw consolidated movement with a slight indication of bullish momentum. The price can be seen moving along the middle Bollinger band. The trading volume has been moderate for the last 24 hours.
Today’s Trend analysis
The price is expected to continue to move in a slightly bullish consolidated movement along with the middle Bollinger band.
Price volatility was low at approximately 3.5%, with the day's range between $2209— $2334.
Price at the time of publishing: $2303
ETH's market cap: $269 Billion
However, the Indicator summary is giving a 'BUY' signal on ETHUSD.
Out of 11 Oscillator indicators, 2 are giving a SELL signal, 9 are neutral and 0 are giving a BUY signal.
Out of 15 Moving average indicators, 1 is giving a SELL signal, 1 is neutral and 13 are giving a BUY signal.
Trading volume has been moderate in the last 24 hours.
----------------------------------------------------------------------------------------
The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
Note: Above analysis would hold if we do not encounter a sudden jump in trade volume.
----------------------------------------------------------------------------------------
Any feedback and suggestions would help in further improving the analysis!
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