Ethereum receives an average of 48 long-term technical scores from InvestorsObserver analysis. Our unique scoring system analyzes the coin’s consistency, volatility, and relative position to the long-term average, taking into account trading patterns from the last few months to a year, which is a powerful buy-and-hold. Determine if it is an investment opportunity. Currently, ETH holds a long-term technical analysis score better than 48% of cryptocurrencies. Long-term investors adopting a buy-and-hold strategy will find long-term ranks that are particularly relevant when allocating assets, and add value to find cryptos with high short-term technology scores to find bottomed coins. You can find it.
Trading analysis
ETH is currently-$ 851.1200000 (-21.06%), which is below the 100-day moving average of $ 4,042.030000000, which is currently $ 3,190.910000000. Ethereum, on the other hand, is above the 52-week low of $ 924.920000000 by $ 2,265.9900000 (343.80%) and below the 52-week high of $ 4,891.700000000 by $ -1,700.79000000 (65.03%). Current prices for moving averages and 52-week highs and lows lead to an average long-term technical score of 48. Ethereum’s long-term trading history trends suggest that traders are currently bearish on coins. The total market value of Ethereum is $ 379,959,492,111.92, which is equivalent to the average daily trading volume of currencies exchanged in the normal 24-hour period of $ 111,303,317,906.41. As of the last 24 hours, ETH volumes have been below average, with a total exchange of $ 15,302,140,730.19. 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 reality or augmented reality, distributed computing, and the exchange of big data collections, among others.
Overview
Ethereum’s trading pattern last year gave investors a reason why their consistency, volatility, and relationship with the long-term average were bearish on the coin, resulting in an average long-term technical score for the coin of 48. Click here to get a complete report on Ethereum (ETH).
