Ethereum Technical & Sentimental Analysis 07-22-21

By xuanling11 | Crypto Learning | 22 Jul 2021


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Announcement: time to change again! This time I focus more on market sentiment rather than technical analysis as cryptomarket is on its way to hibernate with price movement continue dulling. I took out of risk section and increase more on comments in news. Also, I add section on sentimental analysis with price movement. Hope everyone enjoys the change!

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Technical Analysis

Ethereum opens at $1.8K. It hits lowest at $1.9K and highest at $2.0K and stable around $2.0K. The average transaction fee is $4.13 which is 11.21% decrease from 07-21-21. Fear and Greed level is at 46.

Here are some highlights to support my analysis:

f70b5d4f670475722a07e77c71217f8d1e15191ec68b5ab40706cb20a11b884e.png

As today, Ethereum Value = $1.7k ~ $2.5k and my position is Long.

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Current News Summary:

14404f5247fb0704e38cfc8bf24bc91d627e09c038b71924ce55cf6316d695f5.png

Today’s sentimental news and comments:

Bullish News πŸ“ˆ

Founder and Inventor of Ethereum Vitalik Buterin looked beyond DeFi into Social Media. Thanks for scamming our crypto enthusiast Mark Cuban! DeFi has broken and Vitalik addressed there is demand for better social media based on β€œcrypto technology”.

Decentralized film financing platform Mogul Productions unveiled the first-ever decentralized voting film through blockchain. The best part is voters can get 50% of the profits the chosen file makes, incentivizing them to make a better decision. Of course, fingers crossed that the selected film will make profits!

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Bearish News πŸ“‰

Australian ASX, who operates Australia’s stock market, warned that custody of cryptocurrency held on centralized exchanges presents significant risks to investors. They highlighted 4 facts below:

  • Linked private key with investors’ associate account if the platform operated in good faith is dangerous
  • Centralized exchanges vulnerable to cybersecurity hacksΒ 
  • Regulations lacks on centralized exchanges of core standards of custodians requirements
  • Regulations lacks on fintech may result investors losses without protections

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Also, if you have any suggestions, please do not hesitate to let me know!

Thanks for reading and see you tomorrow!

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Note: Cross-references of this article has created by author and has cross-referenced on multiple platforms. You can find links below ⬇️⬇️:
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You can reference my previous monthly Bitcoin and Ethereum analysis here ⬇️⬇️:
Note:some links refer at the beginning of next month that include all previous month links of reports
πŸ’ͺπŸ’ͺ January 2021 Technical Analysis Summary πŸš€πŸš€
πŸ’ͺπŸ’ͺ February 2021 Technical Analysis Summary πŸš€πŸš€
πŸ’ͺπŸ’ͺ March 2021 Technical Analysis Summary πŸš€πŸš€
πŸ’ͺπŸ’ͺ April 2021 Technical Analysis Summary πŸš€πŸš€
πŸ’ͺπŸ’ͺ May 2021 Technical Analysis Summary πŸš€πŸš€
πŸ’ͺπŸ’ͺ June 2021 Technical Analysis Summary πŸš€πŸš€
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You can reference my previous daily Bitcoin analysis here ⬇️⬇️:
Bitcoin Technical Analysis 06-30-21πŸ“‰
Bitcoin Technical Analysis 07-01-21πŸ“‰
Bitcoin Technical Analysis 07-02-21πŸ“ˆ
Bitcoin Technical Analysis 07-03-21πŸ“ˆ
Bitcoin Technical Analysis 07-04-21πŸ“ˆ
Bitcoin Technical Analysis 07-05-21πŸ“‰
Bitcoin Technical Analysis 07-06-21πŸ“ˆ
Bitcoin Technical Analysis 07-07-21πŸ“‰
Bitcoin Technical Analysis 07-08-21πŸ“‰
Bitcoin Technical Analysis 07-09-21πŸ“‰
Bitcoin Technical Analysis 07-10-21πŸ“‰
Bitcoin Technical Analysis 07-11-21πŸ“‰
Bitcoin Technical Analysis 07-12-21πŸ“‰
Bitcoin Technical Analysis 07-13-21πŸ“‰
Bitcoin Technical Analysis 07-14-21πŸ“‰
Bitcoin Technical Analysis 07-15-21πŸ“‰
Bitcoin Technical Analysis 07-16-21πŸ“‰
Bitcoin Technical Analysis 07-17-21πŸ“‰
Bitcoin Technical Analysis 07-18-21πŸ“‰
Bitcoin Technical Analysis 07-19-21πŸ“‰
Bitcoin Technical Analysis 07-20-21πŸ“‰
Bitcoin Technical Analysis 07-21-21πŸ“ˆ
You can reference my Bitcoin methodology here and here.
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You can reference my previous daily Ethereum analysis here ⬇️⬇️:
Ethereum Technical Analysis 06-30-21πŸ“‰
Ethereum Technical Analysis 07-01-21πŸ“‰
Ethereum Technical Analysis 07-02-21πŸ“ˆ
Ethereum Technical Analysis 07-03-21πŸ“ˆ
Ethereum Technical Analysis 07-04-21πŸ“ˆ
Ethereum Technical Analysis 07-05-21πŸ“‰
Ethereum Technical Analysis 07-06-21πŸ“ˆ
Ethereum Technical Analysis 07-07-21πŸ“‰
Ethereum Technical Analysis 07-08-21πŸ“‰
Ethereum Technical Analysis 07-09-21πŸ“‰
Ethereum Technical Analysis 07-10-21πŸ“‰
Ethereum Technical Analysis 07-11-21πŸ“‰
Ethereum Technical Analysis 07-12-21πŸ“‰
Ethereum Technical Analysis 07-13-21πŸ“‰
Ethereum Technical Analysis 07-14-21πŸ“‰
Ethereum Technical Analysis 07-15-21πŸ“‰
Ethereum Technical Analysis 07-16-21πŸ“‰
Ethereum Technical Analysis 07-17-21πŸ“‰
Ethereum Technical Analysis 07-18-21πŸ“‰
Ethereum Technical Analysis 07-19-21πŸ“‰
Ethereum Technical Analysis 07-20-21πŸ“‰
Ethereum Technical Analysis 07-21-21πŸ“ˆ
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You can reference my previous daily 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“‰
Doge Analysis 01-28-21πŸ“ˆ
Doge Analysis 02-04-21πŸ“ˆ
Doge Analysis 02-07-21πŸ“ˆ
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You can reference my previous weekly Cryptomarket forecast analysis here ⬇️⬇️:
Crytomarket Weekly Overview and Forecast 01-22-21 to 01-29-21πŸ”₯πŸ”₯
Crytomarket Weekly Overview and Forecast 01-29-21 to 02-05-21πŸ”₯πŸ”₯
Crytomarket Weekly Overview and Forecast 02-05-21 to 02-12-21πŸ”₯πŸ”₯
Crytomarket Weekly Overview and Forecast 02-12-21 to 02-19-21πŸ”₯πŸ”₯
Crytomarket Weekly Overview and Forecast 02-19-21 to 02-26-21πŸ”₯πŸ”₯
Crytomarket Weekly Overview and Forecast 02-26-21 to 03-05-21πŸ”₯πŸ”₯
Crytomarket Weekly Overview and Forecast 03-05-21 to 03-12-21πŸ”₯πŸ”₯
Crytomarket Weekly Overview and Forecast 03-12-21 to 03-19-21πŸ”₯πŸ”₯
Crytomarket Weekly Overview and Forecast 03-19-21 to 03-26-21πŸ”₯πŸ”₯
Crytomarket Weekly Overview and Forecast 03-26-21 to 04-02-21πŸ”₯πŸ”₯
Crytomarket Weekly Overview and Forecast 04-02-21 to 04-09-21πŸ”₯πŸ”₯
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Check out my Ah moment here ⬇️⬇️:
πŸ’­Ah moment 05-31-21πŸ’­
πŸ’­Ah moment 06-02-21πŸ’­
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Risk forecast guideline:
Risk Averse means you can use as defense πŸ›‘οΈ
Risk Seeking means you can use as offense βš”οΈ
Risk Neutral means no decision made and continue seeking opportunities πŸ‘οΈ
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Disclosure: 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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