Market in last 24 hrs
- ETHUSD price movement saw a sudden volume dump, followed by a price drop. Market moved 10%, between $176 and $194
- Price at time of publishing: $190.5
Today’s Trend analysis
Price should move up today. Oscillators are neutral, but with a bias toward buy side. MACD is about to cross up 0. Both CCI and RSI are slightly below mid-points and moving up, indicating that bull momentum is gaining strength.
Another interesting point to notice is the affect of Halving-Hype and the impact of the same on BTC and other Crypto tokens. We are observing an increased trade volume and price volatility .
- Upwards today
- ‘Oscillator‘ indicators are mostly neutral. RSI is at 42
- ‘Moving average‘ indicators are mixed. Ichimoku Cloud is neutral
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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 4 hr candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
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- Mudrex