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 $2,133.7700, recording a modest gain of 0.29% over the past 24 hours. The cryptocurrency has declined 5.91% across the seven-day period, bringing its market capitalisation to $257,368,852,264. Ethereum real time pricing shows the asset maintaining its position as the second-largest cryptocurrency by market value. The weekly decline contrasts with the marginal daily recovery, reflecting mixed short-term performance for the digital asset.
The RSI (14) registers 22.9, positioning Ethereum in oversold territory. The Relative Strength Index measures momentum by comparing the magnitude of recent gains against recent losses on a scale from 0 to 100, with readings below 30 typically indicating oversold conditions.
The MACD shows -47.0853, with the signal line at -42.2939 and histogram at -4.7914. The Moving Average Convergence Divergence measures the relationship between two moving averages of an asset's price, with the histogram representing the difference between the MACD line and its signal line.
Ethereum's price sits within the central zone of the Bollinger Bands, positioned between the upper band at $2,332.0689 and lower band at $2,067.5581, with the middle line at $2,199.8135. Bollinger Bands measure volatility and price levels relative to previous trading periods using standard deviations around a moving average.
Current volume reaches 257,368,850,000, representing 0.97 times the 20-period average of 265,511,789,500. Volume measures the total amount of trading activity within a specified timeframe, indicating the level of market participation.
The Fear & Greed Index stands at 29 out of 100, placing market sentiment in the "Fear" zone. This index measures emotions and sentiments from different sources and translates them into a simple number to gauge the prevailing market mood.
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%. The Fed rate measures the cost of borrowing money, and the CPI measures inflation by tracking price changes in consumer goods and services.
The Nasdaq Composite closed at 26,225.14 points with a gain of 4.62%, whilst the S&P 500 ended at 7,408.50 points. The Nasdaq measures the performance of technology-focused companies, whilst the S&P 500 tracks the stock performance of 500 large companies listed on US stock exchanges.
The VIX closed at 17.26 points. The Volatility Index measures expected volatility in the US stock market over the next 30 days, derived from S&P 500 index options prices.
Bitcoin dominance stands at 58.36% of the total cryptocurrency market. This metric measures Bitcoin's market capitalisation as a percentage of the entire cryptocurrency market capitalisation.
The Dollar Index (DTWEXBGS) registered 118.04, down 0.30%. This broad-based index measures the value of the US dollar against a basket of major foreign currencies.
Gold trades at $4,537.74 per ounce, whilst WTI crude oil stands at $101.56 per barrel. Gold measures precious metal commodity pricing, and WTI measures the price of light, sweet crude oil, serving as a benchmark for oil pricing.
| Indicator | Status | Data |
|---|---|---|
| Price trend | Negative | +0.29% 24h |
| RSI (14) | Negative | 22.9 |
| MACD | Negative | Hist: -4.7914 |
| Bollinger Bands | Neutral | in the central zone of the channel |
| Volume | Neutral | 0.97x avg |
| Fear & Greed Index | Negative | 29/100 (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 |