Technical Analysis
Let's take a look at some key metrics.
It opens at $1K and goes up to $1.2K and stable around $1.1K. The average transaction fee is $6.65 which is 4.9% increase from 01-14-21.
Ethereum is fair stable and its range will be around $1K to $1.2K.
Ethereum continues improving.
As 01-15-21, Ethereum Value = $1.1k ~ $1.4k
Most Bullish News ??
Ethereum transaction fee significantly reduced
It indicates that Ethereum has improved a lot on its transaction and it becomes more and more friction-less.
Most Bearish News ??
It indicates that increase cost of owning Bitcoins and Ethereum.
Thanks for reading and see you tomorrow!
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You can reference my previous 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??
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.
