Technical Analysis

Let's take a look at some key metrics.

It opens at $1.2K and goes down around to $1.0K and stable around $1.1K. The average transaction fee is $9.36 which is 4.13% increase from 01-21-21.

Ethereum is resilience at around $1.0K as my analysis yesterday.

Crypto Fear & Greed Index

I remain my floor price to$1.1k indicates the strong support and remain the ceiling price at $1.4k.

As today, Ethereum Value = $1.1k ~ $1.4k and my position is Long.

Here is the summary below:

After all, Ethereum price is resilient!

Most Bullish News 📈

Ethereum dominates in gaming sector

It indicates that Ethereum grows more users.

Most Bearish News 📉

Ethereum fund has shrink

It indicates that Ethereum may hit the ceiling price.

 

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

Thanks for reading and see you tomorrow!

-------------------------------------------------------------------------------------

You can reference my previous Bitcoin analysis here:

Bitcoin Technical Analysis 01-07-21📈

Bitcoin Technical Analysis 01-08-21📈

Bitcoin Technical Analysis 01-09-21📉

Bitcoin Technical Analysis 01-10-21📉

Bitcoin Technical Analysis 01-11-21📉

Bitcoin Technical Analysis 01-12-21📈

Bitcoin Technical Analysis 01-13-21📉

Bitcoin Technical Analysis 01-14-21📈

Bitcoin Technical Analysis 01-15-21📉

Bitcoin Technical Analysis 01-16-21📉

Bitcoin Technical Analysis 01-17-21📉

Bitcoin Technical Analysis 01-18-21📈

Bitcoin Technical Analysis 01-19-21📈

Bitcoin Technical Analysis 01-20-21📉

Bitcoin Technical Analysis 01-21-21📉

You can reference my Bitcoin methodology here and here.

-------------------------------------------------------------------------------------

You can reference my previous Ethereum 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📈

Ethereum Technical Analysis 01-15-21📉

Ethereum Technical Analysis 01-16-21📈

Ethereum Technical Analysis 01-17-21📉

Ethereum Technical Analysis 01-18-21📈

Ethereum Technical Analysis 01-19-21📈

Ethereum Technical Analysis 01-20-21📉

Ethereum Technical Analysis 01-21-21📉

-------------------------------------------------------------------------------------

You can reference my previous Dogecoin analysis here:

Doge Analysis 12-28-21📈

Doge Analysis 01-01-21📈

Doge Analysis 01-02-21📈

Doge Analysis 01-11-21📉

-------------------------------------------------------------------------------------

You can reference my previous Cryptomarket analysis here:

Crytomarket Weekly Overview 1-8-21 to 1-15-21🔥🔥

Crytomarket Weekly Overview 1-15-21 to 1-22-21🔥🔥

 

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.