Ethereum Technical Analysis 01-15-21

By xuanling11 | Crypto Learning | 15 Jan 2021


Technical Analysis

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Let's take a look at some key metrics.

It opens at $1K and goes up to $1.2K and stable around $1.1K. The average transaction fee is $6.65 which is 4.9% increase from 01-14-21.

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Ethereum is fair stable and its range will be around $1K to $1.2K.

 

Ethereum continues improving.

As 01-15-21, Ethereum Value =  $1.1k ~ $1.4k

 

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Most Bullish News 📈

Ethereum transaction fee significantly reduced

It indicates that Ethereum has improved a lot on its transaction and it becomes more and more friction-less.

Most Bearish News 📉

Alcoins are rising

It indicates that increase cost of owning Bitcoins and Ethereum.

 

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📈

Ethereum Technical Analysis 01-13-21📉

Ethereum Technical Analysis 01-14-21📈

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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
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