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.
The Ethereum price today stands at $2,127.54, recording a decline of 0.57% over the past 24 hours. The weekly performance shows a more pronounced retreat of 7.54%. Ethereum's market capitalisation has reached $256.79 billion. Ethereum real time data indicates the cryptocurrency maintains its position as the second-largest digital asset by market value, though current price levels reflect recent downward pressure across the broader cryptocurrency market.
The RSI (14) registers 30.8, positioning Ethereum in 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 indicating oversold conditions.
The MACD shows -49.64, with the signal line at -39.64 and a histogram reading of -10.00. The Moving Average Convergence Divergence measures the relationship between two moving averages of a security's price, tracking momentum changes through the interaction of these trend-following indicators.
Ethereum's price trades in the lower half of the Bollinger Bands channel, with the upper band at $2,366.35, the middle band at $2,219.67, and the lower band at $2,072.99. Bollinger Bands measure volatility and price levels relative to previous trades, creating dynamic support and resistance levels.
Current volume reaches 256.79 billion, representing 0.96 times the 20-period average of 267.92 billion. Volume measures the total number of shares or contracts traded during a specific period, indicating the level of market participation.
The Fear & Greed Index stands at 27 out of 100, placing market sentiment in the "Fear" zone. This index measures market emotions and sentiments through various market indicators, gauging investor behaviour on a scale from extreme fear to extreme greed.
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 inflationary pressure respectively within the US economy.
The Nasdaq Composite closed at 26,225.14 points with a gain of 4.62%, and 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 registered 17.26 points at the previous session's close. The Volatility Index measures expected market volatility over the next 30 days, derived from S&P 500 options pricing.
Bitcoin dominance stands at 58.36% of the total cryptocurrency market capitalisation. This metric measures Bitcoin's market share relative to the entire digital asset ecosystem.
The broad US Dollar Index (DTWEXBGS) recorded 118.04 points, down 0.30% from the previous session. This index measures the dollar's strength against a trade-weighted basket of major currencies.
Gold trades at $4,537.74 per ounce, whilst WTI crude oil stands at $101.56 per barrel. These commodities measure precious metals market performance and energy sector pricing respectively.
| Indicator | Status | Data |
|---|---|---|
| Price trend | Negative | -0.57% 24h |
| RSI (14) | Negative | 30.8 |
| MACD | Negative | Hist: -10.0037 |
| Bollinger Bands | Negative | in the lower half of the channel |
| Volume | Neutral | 0.96x avg |
| Fear & Greed Index | Negative | 27/100 (Fear) |
| BTC Dominance | Neutral | 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 |