Ethereum

Ethereum up 19.3% on the week. Fear and Greed Index at 31. No change from 1-day ago. Remains at "fear."

By Netzien | Netzien | 4 Feb 2022


Good morning. ETH had a little jump, and over the last 24 hours gained 9.67 %. At writing, 1 ETH currently = $2,840 USD. At 5:30 a.m. New York City time, today Friday, February 4'th, Twitter account Ethereum Fear and Greed Index @EthereumFear posted an index score = 31. That is no change from the index score posted at 7:30 a.m. New York City time the previous day on February 3'rd, and a 6 point drop from the index score of 37 posted around the same time on February 2'nd. The index remains at the level of "fear" and has not changed since yesterday. Upon yesterday's post at index = 31 the price was $2,583 USD/ETH, and the price was $2,830 USD/ETH when today's index = 31 posted. Over the last 7 days, ETH is up 19.3 % (wow!).

 

Ethereum

There is relatively less information for this index that is provided with respect to important metrics compared to the Bitcoin Fear and Greed Index. However, they are probably similar and both based upon algorithmic multifactorial analyses including market sentiment. I sure hate gas fees, but ETH is seemingly indispensable for the time being. Nice to see ETH along with our other favorite crypto's holding its ground. Let's hope it keeps trending upwards.

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Let's hope Ethereum keeps charging ahead, but I would expect perhaps some correction considering it's up so much on the 24-hour, and 7-day chart at present. Thanks for stopping by and may all your days be Green. 

 

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Netzien
Netzien

Crypto. NFTs. Increasingly Bitcoin Maxi. HODLER. I like to take profits on alt coins. Interested in momentum plays, technicals, and gut feelings. Thanks for your support.


Netzien
Netzien

NFTs, cryptocurrencies, and stocks related to cryptocurrency. Thank you for your support.

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