Ethereum Technical Analysis 02-24-21

Ethereum opens at $1.4K and goes flat around to $1.4K and stable around $1.7K. The average transaction fee is $38.03 which is 25.97% increase from yesterday.

The price may fluctuate less in the coming day with price toward mid-level. However, it was relatively stable.

Most Bullish News 📈

Old buys new from 177-year-old Swiss Bank

It indicates that Ethereum may continue raising more after improvement.

Most Bearish News 📉

Whales sale Ethereum

It indicates that Ethereum may face correction later with exceed transaction fees.

Resources

1. https://www.marketbeat.com/cryptocurrencies/ethereum/

2. https://decrypt.co/59262/177-year-old-swiss-bank-adds-bitcoin-ethereum-trading

3. https://cryptoslate.com/whales-mightve-caused-ethereums-eth-50-dive-on-kraken-says-ceo/