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 $2,185.21, marking a decline of 0.38% over the past 24 hours. The cryptocurrency has experienced a more pronounced drop of 6.09% across the seven-day period. Ethereum's market capitalisation currently sits at $263.76 billion. The Ethereum real time data shows the asset maintaining its position as the second-largest cryptocurrency by market value.
The RSI (14) registers 24.2, placing it firmly within oversold territory. The Relative Strength Index measures the speed and magnitude of price changes on a scale from 0 to 100, with readings below 30 typically considered oversold conditions.
The MACD line sits at -34.5924, whilst the signal line reads -20.6430, producing a histogram value of -13.9494. The Moving Average Convergence Divergence measures the relationship between two moving averages of an asset's price, tracking momentum changes through the interaction of these components.
Ethereum's current price position places it within the lower half of the Bollinger Bands channel, with the upper band at $2,395.83, the middle band at $2,278.84, and the lower band at $2,161.85. Bollinger Bands measure price volatility and provide dynamic support and resistance levels based on standard deviations from a moving average.
Current trading volume stands at $263.76 billion, representing 0.96 times the 20-period average of $275.03 billion. Volume measures the total amount of trading activity and liquidity within a specified timeframe, indicating the level of market participation.
The Fear & Greed Index records a reading of 27 out of 100, categorising market sentiment within the "Fear" zone. This index measures market emotions and sentiment by analysing various factors including volatility, trading volume, and social media sentiment.
The Federal Reserve's benchmark interest rate stands at 3.64%, whilst the Consumer Price Index reached 332.407 with a monthly variation of +0.64%. These metrics measure monetary policy stance and inflationary pressures within the US economy respectively.
The Nasdaq Composite closed at 26,225.14 points with a gain of 4.62%, whilst the S&P 500 reached 7,408.50 points. These indices measure the performance of technology-heavy stocks and the broader US equity market respectively.
The VIX recorded a reading of 17.26 points. The Volatility Index measures expected market volatility over the next 30 days based on S&P 500 options pricing.
Bitcoin's market dominance currently stands at 58.36%. This metric measures Bitcoin's share of the total cryptocurrency market capitalisation relative to all other digital assets.
The US Dollar Broad Index (DTWEXBGS) registered 118.04 points, showing a decline of 0.30%. This index measures the value of the US dollar against a trade-weighted basket of major foreign currencies.
Gold trades at $4,537.74 per ounce, whilst WTI crude oil stands at $101.56 per barrel. These commodities measure precious metal valuations and energy sector pricing respectively, serving as traditional stores of value and economic indicators.
| Indicator | Status | Data |
|---|---|---|
| Price trend | Negative | -0.38% 24h |
| RSI (14) | Negative | 24.2 |
| MACD | Negative | Hist: -13.9494 |
| Bollinger Bands | Negative | in the lower half of the channel |
| Volume | Negative | 0.96x avg |
| Fear & Greed Index | Negative | 27/100 (Fear) |
| BTC Dominance | Negative | 58.4% |
| Nasdaq Composite | Positive | 26,225 pts |
| S&P 500 | Positive | 7,408 pts |
| VIX | Neutral | 17.26 |
| Fed Rates | Neutral | 3.64% |
| Dollar Index (DXY) | Negative | 118.04 |
| Gold | Positive | $4,538/oz |
| Oil (WTI) | Positive | $101.56/barrel |