Sirwin
Sirwin

Ethereum Technical Analysis 01-16-21

By xuanling11 | Crypto Learning | 16 Jan 2021


Technical Analysis

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Let's take a look at some key metrics.

It opens at $1.1K and goes up to $1.2K and stable around $1.1K. The average transaction fee is $7.06 which is 6.97% increase from 01-15-21.

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Ethereum is resilience at around $1K to $1.2K.

As 01-16-21, Ethereum Value =Β  $1.1k ~ $1.4k

Β 

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Β 

Most Bullish News πŸ“ˆ

DeFi hit up and bring Ethereum up

It indicates that Ethereum value will increase along with DeFi.

Most Bearish News πŸ“‰

Ethereum soft launch 2.0 layer

It indicates that there may be some hiccup of Ethereum.

Β 

Here are summary of general forecast of upcoming week of economy and market:

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Thanks for reading and see you tomorrow!

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You can reference my previous Bitcoin analysis here:

Bitcoin Technical Analysis 01-07-21πŸ“ˆ

Bitcoin Technical Analysis 01-08-21πŸ“ˆ

Bitcoin Technical Analysis 01-09-21πŸ“‰

Bitcoin Technical Analysis 01-10-21πŸ“‰

Bitcoin Technical Analysis 01-11-21πŸ“‰

Bitcoin Technical Analysis 01-12-21πŸ“ˆ

Bitcoin Technical Analysis 01-13-21πŸ“‰

Bitcoin Technical Analysis 01-14-21πŸ“ˆ

Bitcoin Technical Analysis 01-15-21πŸ“‰

You can reference my Bitcoin methodology here and here.

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You can reference my previous Ethereum analysis here:

Ethereum Technical Analysis 01-07-21πŸ“ˆ

Ethereum Technical Analysis 01-08-21πŸ“‰

Ethereum Technical Analysis 01-09-21πŸ“ˆ

Ethereum Technical Analysis 01-10-21πŸ“‰

Ethereum Technical Analysis 01-11-21πŸ“‰

Ethereum Technical Analysis 01-12-21πŸ“ˆ

Ethereum Technical Analysis 01-13-21πŸ“‰

Ethereum Technical Analysis 01-14-21πŸ“ˆ

Ethereum Technical Analysis 01-15-21πŸ“‰

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You can reference my previous Dogecoin analysis here:

Doge Analysis 12-28-21πŸ“ˆ

Doge Analysis 01-01-21πŸ“ˆ

Doge Analysis 01-02-21πŸ“ˆ

Doge Analysis 01-11-21πŸ“‰

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You can reference my previous Cryptomarket analysis here:

Crytomarket Weekly Overview 1-8-21 to 1-15-21πŸ”₯πŸ”₯

893a5f1bf20990c72b5ac1ff130dfed604021aca01b7218d6c5e436906458d8b.png

Β 

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

Check out https://www.xuanling11.com/.


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