
⚠️ Notice: This report describes the state of the market at the time of its generation. It does not constitute financial advice or investment recommendation. Any investment decision is the sole responsibility of the reader.
Ethereum price today stands at $2,329.0500, recording a modest gain of 0.46% over the past 24 hours. The cryptocurrency has extended its positive momentum across the weekly timeframe, climbing 0.85% over the past seven days. Ethereum's market capitalisation has reached $280,779,422,331, maintaining its position as the second-largest cryptocurrency by market value. Compared to the previous report from 08:00, Ethereum real time price has increased by $2.09, rising from $2,326.9600 to the current level of $2,329.0500.
The RSI (14) currently reads 41.7. This momentum oscillator measures the speed and magnitude of price changes on a scale from 0 to 100, with the current reading placing Ethereum in neutral territory, below the midpoint of 50 but well above oversold conditions.
The MACD indicator shows a reading of 0.5643, whilst the signal line stands at 2.7643, producing a histogram value of -2.2000. The MACD measures the relationship between two moving averages of a security's price, tracking momentum changes through the convergence and divergence of these exponential moving averages.
Ethereum's price currently trades within the central zone of the Bollinger Bands channel, with the upper band at $2,393.2960, the middle band at $2,331.1505, and the lower band at $2,269.0050. Bollinger Bands measure price volatility and provide dynamic support and resistance levels based on standard deviations from a moving average.
Trading volume has reached 280,841,000,000, representing 1.11 times the 20-period average of 253,349,289,500. Volume measures the total number of shares or contracts traded during a specific period, providing insight into the level of market activity and participation.
The Fear & Greed Index registers a reading of 47 out of 100, placing market sentiment in neutral territory. This index measures market emotions and sentiment by analysing various factors including volatility, market momentum, social media activity, and surveys to gauge whether investors are feeling fearful or greedy.
The Federal Reserve's interest rate stands at 3.64%, whilst the Consumer Price Index has reached 330.293, showing a monthly variation of +0.87%. The federal funds rate measures the cost of borrowing money overnight between banks, whilst the CPI measures the average change in prices that consumers pay for goods and services over time.
The S&P 500 closed at 7,200.75 points in the previous session. The S&P 500 measures the stock performance of 500 of the largest publicly traded companies in the United States, serving as a benchmark for the overall American equity market performance.
The VIX volatility index recorded a reading of 16.99 in the previous session. The VIX measures the market's expectation of 30-day forward-looking volatility based on S&P 500 index options, often referred to as the market's "fear gauge".
Bitcoin dominance currently stands at 58.77% of the total cryptocurrency market capitalisation. Bitcoin dominance measures Bitcoin's market capitalisation as a percentage of the entire cryptocurrency market, indicating the relative market share held by the largest digital asset.
The broad dollar index (DTWEXBGS) closed at 118.39, declining by 0.29% in the previous session. This index measures the value of the US dollar against a basket of major foreign currencies, tracking the dollar's strength relative to its international counterparts.
Gold trades at $4,545.25 per ounce in real-time markets, whilst WTI crude oil closed at $99.89 per barrel in the previous session. Gold measures the value of the precious metal used as a store of value and inflation hedge, whilst WTI crude oil measures the price of light, sweet crude oil that serves as a benchmark for oil pricing worldwide.
| Indicator | Status | Data |
|---|---|---|
| Price trend | Positive | +0.46% 24h |
| RSI (14) | Neutral | 41.7 |
| MACD | Negative | Hist: -2.2000 |
| Bollinger Bands | Neutral | in the central zone of the channel |
| Volume | Positive | 1.11x avg |
| Fear & Greed Index | Neutral | 47/100 (Neutral) |
| BTC Dominance | Negative | 58.8% |
| Nasdaq Composite | Positive | 25,068 pts |
| S&P 500 | Positive | 7,201 pts |
| VIX | Neutral | 16.99 |
| Fed Rates | Neutral | 3.64% |
| Dollar Index (DXY) | Negative | 118.39 |
| Gold | Positive | $4,545/oz |
| Oil (WTI) | Positive | $99.89/barrel |