Ethereum Technical Analysis 01-13-21

By xuanling11 | Crypto Learning | 13 Jan 2021


Technical Analysis

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Let's take a look at some key metrics.

It opens at $0.9K and goes up to $1.1K and stable around $1.1K. The average transaction fee is $6.04 which is 63.8% decrease from 01-12-21.

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Ethereum is fair stable and its average transaction fee has improved a lot since yesterday.

Ethereum is out perform Bitcoin in short term.

As 01-13-21, Ethereum Value =  $1k ~ $1.2k

 

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Most Bullish News 📈

Ethereum decentralized Amazon Cloud Computing

It indicates that Ethereum maybe a way to break big tech.

Most Bearish News 📉

Ethereum may collateralize loans

It indicates that increase more risks as another financial instrument in the future.

 

Thanks for reading and see you tomorrow!

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You can reference my previous analysis here:

Ethereum Technical Analysis 01-07-21📈

Ethereum Technical Analysis 01-08-21📉

Ethereum Technical Analysis 01-09-21📈

Ethereum Technical Analysis 01-10-21📉

Ethereum Technical Analysis 01-11-21📉

Ethereum Technical Analysis 01-12-21📈

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Disclosure: I/we have no positions in any cryptocurrencies mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose cryptocurrencies are mentioned in this article. This information is only for educational purposes.

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xuanling11
xuanling11

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