Ethereum Technical Analysis 01-26-21

By xuanling11 | Crypto Learning | 26 Jan 2021


Technical Analysis

793ea274e4c8c69774c7fefc03db04c18a3d49a8cc99b681eace80a0e3cf5767.png

88c531fa6b9ecc786f37a73b10a8bfdfe7e2e67299959be45cb17830531aaf43.png

Let's take a look at some key metrics.

It opens at $1.4K and goes up around to $1.4K and stable around $1.2K. The average transaction fee is $9.46 which is 19.14% increase from 01-25-21.

bd3542772d4784744ec70958ccbdad664e072e30a6b5dfcd8055896f1b6fd5cd.png

Ethereum is resilience at around $1.3K as my analysis yesterday

It is slowly grind up and toward $1.5K and short term correction may come.

Crypto Fear & Greed Index

2195ca7e2f986a28aa43f2ce067940b1fa0a33c0969280d905a8fd6c1be7649b.png

I remain my floor price to$1.1k indicates the strong support and remain the ceiling price at $1.5k.

As today, Ethereum Value = $1.1k ~ $1.5k and my position is Long.

Here is the position summary below:

7c3fc38b1fbeab4a55fe678f956a55cc1d771564a8f2e450c939bbc9688fb126.png

Weekly Ethereum Performance:

687411c6faab4ec12918a4d45a615b28a33e6e822daa92d2888bf1124b07bc53.png

Ethereum price is continuing stable and grinding higher while minor correction may happen.

 

14404f5247fb0704e38cfc8bf24bc91d627e09c038b71924ce55cf6316d695f5.png

Most Bullish News 📈

Ethereum goes to emerging market

It indicates that Ethereum continue expending its market.

Most Bearish News 📉

Ethereum goes into AR market

It indicates that Ethereum may produce bubble in the short term and damage its value position.

 

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

7a38605b041b9e45c2f87c1a6f6aeb8a4518fd78272889f02f3bfe8369035b32.png

eaae845b38da4c5e5bb0c018d179c8b207dac49b9384884d5c69b70acf4aa0da.png

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📉

Bitcoin Technical Analysis 01-22-21📈

Bitcoin Technical Analysis 01-23-21📉

Bitcoin Technical Analysis 01-24-21📉

Bitcoin Technical Analysis 01-25-21📈

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📉

Ethereum Technical Analysis 01-22-21📈

Ethereum Technical Analysis 01-23-21📈

Ethereum Technical Analysis 01-24-21📈

Ethereum Technical Analysis 01-25-21📈

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

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 forecast analysis here:

Crytomarket Weekly Overview and Forecast 01-15-21 to 01-22-21🔥🔥

Crytomarket Weekly Overview and Forecast 01-22-21 to 01-29-21🔥🔥

893a5f1bf20990c72b5ac1ff130dfed604021aca01b7218d6c5e436906458d8b.png

 

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.

How do you rate this article?

4


xuanling11
xuanling11

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


Crypto Learning
Crypto Learning

All article was written by a delusional author who is possibly a nut job without any questions whatsoever about expertise in the subject matters.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.