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 $2,139.81, marking a modest gain of 0.93% over the past 24 hours. The cryptocurrency has experienced a more pronounced decline of 7.10% across the seven-day period. Ethereum's market capitalisation currently sits at $258.27 billion. Ethereum real time data shows the asset trading within a volatile weekly period that has seen significant fluctuations from recent highs.
The RSI (14) registers at 29.1, 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 indicator shows a reading of -46.66, with the signal line at -34.10 and the histogram at -12.56. The Moving Average Convergence Divergence measures the relationship between two moving averages of an asset's price, tracking momentum through the convergence and divergence of these exponential moving averages.
Ethereum's price currently trades in the lower half of the Bollinger Bands channel, positioned between the middle band at $2,242.41 and the lower band at $2,094.37, with the upper band at $2,390.45. 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 $258.27 billion, representing 0.95 times the 20-period average of $270.65 billion. Volume measures the total amount of trading activity and liquidity within a specified timeframe.
The Fear & Greed Index registers at 25 out of 100, placing market sentiment in the "Extreme Fear" zone. This index measures market emotions and sentiment by analysing various factors including volatility, market momentum, and social media activity.
The Federal Reserve's 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 inflation levels respectively within the US economy.
The Nasdaq Composite closed at 26,225.14 points with a gain of 4.62%, whilst the S&P 500 finished at 7,408.50 points. These indices measure the performance of technology-heavy stocks and the broader US equity market respectively.
The VIX volatility index registered at 17.26 points. The VIX measures expected volatility in the US stock market over the next 30 days, often referred to as the market's "fear gauge".
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 Index (DTWEXBGS) recorded a value of 118.04, down 0.30%. This index measures the strength of the US dollar against a basket of major trading partner currencies.
Gold trades at $4,537.74 per ounce, whilst WTI crude oil is priced at $101.56 per barrel. These commodities measure precious metal store of value dynamics and global energy market conditions respectively.
| Indicator | Status | Data |
|---|---|---|
| Price trend | Negative | +0.93% 24h |
| RSI (14) | Negative | 29.1 |
| MACD | Negative | Hist: -12.5596 |
| Bollinger Bands | Negative | in the lower half of the channel |
| Volume | Negative | 0.95x avg |
| Fear & Greed Index | Negative | 25/100 (Extreme 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 |