Technical Analysis
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.
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
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📈
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.
