InvestorsObserver Gives Ethereum a weak long-term technical score of 16 from that study. The unique scoring system takes into account past trading patterns of coin support and resistance levels over the last few months to a year, as well as when compared to long-term averages. This analysis will help determine if it is currently a strong buy-and-hold investment opportunity for traders. At this time, ETH has a long-term technical analysis score that is better than 16% of the Kuritopo in circulation. Long-term ranks are most relevant to buy-and-hold investors seeking strong, steady growth in allocating assets. Combining high long-term and short-term technical scores also helps portfolio managers find bottomed coins.
Transaction analysis
The price of Ethereum is -$ 565.6400000 (-19.38%) below the 100-day moving average of $ 2,919.090000000, as the current price is $ 2,353.450000000. In addition, ETH is $ 645.8500000 (137.18%) higher than the 52-week low of $ 1,707.600000000 and-$ 2,538.25000000 (47.91%) below the 52-week high of $ 4,891.700000000. The current trading price associated with the long-term average and the 52-week highs and lows gives ETH an average long-term technical score of 16. Ethereum’s long-term trading moves suggest investors are bearish on coins. moment. Ethereum has a market capitalization of $ 284,086,151,730.02, with a relatively high average daily trading volume, which is equivalent to $ 111,833,269,434.36 in a normal 24-hour trading currency. Over the last 24 hours, ETH volumes have been exchanged at 27,732,672,895.48, below the 7-day average. This coin’s subclass distributed software platform: The platform is a decentralized infrastructure designed for the purpose. These can take the form of cryptocurrency trading, distributed data storage, artificial intelligence, virtual or augmented reality, distributed computing, and the exchange of big data collections, among others.
overview
In Ethereum’s technical analysis over the past year, cryptocurrencies received a weak long-term technical score of 16 because of the reason traders were long-term bearish on coins due to price fluctuations at the time. Click here to get a complete report on Ethereum (ETH).
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