Ethereum ETH
⚠️ 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 $2,329.75, recording a modest gain of 0.12% over the past 24 hours. The cryptocurrency has declined 1.66% across the seven-day period. Ethereum's market capitalisation has reached $281.08 billion. Compared to the previous report from 10th May at 20:00, when Ethereum real time price was $2,364.68, the current price represents a decrease of $34.93, or 1.48%.
The RSI (14) registers 44.7. This indicator measures the speed and magnitude of price changes on a scale from 0 to 100, with the current reading placing Ethereum in neutral territory, neither in oversold nor overbought conditions.
The MACD shows a value of 4.5251, with the signal line at 2.7766 and a histogram reading of 1.7485. The MACD measures the relationship between two moving averages of an asset's price, tracking momentum changes through the convergence and divergence of these lines.
Bollinger Bands display an upper band at $2,396.22, a middle band at $2,336.39, and a lower band at $2,276.55, with Ethereum's current price positioned in the central zone of the channel. These bands measure price volatility and relative price levels by creating dynamic support and resistance levels.
Current trading volume reaches $285.19 billion, representing a 1.06x ratio against the 20-period average of $267.85 billion. Volume measures the total value of shares or contracts traded during a specific time period, indicating market activity levels.
The Fear & Greed Index stands at 48 out of 100, placing market sentiment in neutral territory. This index measures prevailing emotions and sentiments in the cryptocurrency market by analysing various data sources including volatility, market momentum, and social media activity.
The Federal Reserve interest rate stands at 3.64%, whilst the Consumer Price Index has reached 330.293 with a monthly variation of +0.87%. The Fed rate measures the cost of borrowing money in the US economy, and the CPI measures the average change in prices paid by consumers for goods and services.
The S&P 500 closed at 7,200.75 points in the previous session. This index measures the stock performance of 500 large companies listed on US stock exchanges, serving as a benchmark for overall US equity market performance.
The VIX closed at 16.99 in the previous session. This index measures market expectations of near-term volatility conveyed by S&P 500 stock index option prices, often referred to as the market's "fear gauge".
Bitcoin dominance currently represents 58.77% of the total cryptocurrency market. This metric measures Bitcoin's market capitalisation as a percentage of the entire cryptocurrency market capitalisation, indicating Bitcoin's relative market share.
The Dollar Index (DTWEXBGS) closed at 118.39, showing a decrease of 0.29% in the previous session. This index measures the value of the United States dollar relative to a basket of foreign currencies from major US trading partners.
Gold trades at $4,545.25 per ounce, whilst WTI crude oil stands at $99.89 per barrel. Gold measures precious metal market conditions and often serves as a store of value, whilst oil prices measure energy commodity costs that influence global economic activity.
| Indicator | Status | Data |
|---|---|---|
| Price trend | Neutral | +0.12% 24h |
| RSI (14) | Neutral | 44.7 |
| MACD | Positive | Hist: 1.7485 |
| Bollinger Bands | Neutral | in the central zone of the channel |
| Volume | Positive | 1.06x avg |
| Fear & Greed Index | Neutral | 48/100 (Neutral) |
| BTC Dominance | Neutral | 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 |