Ethereum Technical Analysis 02-20-21
It is slowly grind up and toward **$2.1K** after reach **$2K** and short term correction may come since its valuation is high in my opinion.
The average transaction fee is **$22.15** which is **3.31%** ****increase**** from 02-19-21. https://www.publish0x.com/bitcoin-price-drop-what-just-happened/ethereum-technical-analysis-02-19-21-xerzwev Ethereum is fairly stable and it will continue growth. ****Most Bullish News 📈**** Nvidia bets big on Ethereum mining https://cryptoslate.com/nvidia-bets-big-on-ethereum-mining-with-new-dedicated-graphic-chip/ It indicates that Ethereum is gaining institutional supports. ****Most Bearish News 📉**** Elon Musk says Ethereum price seems high https://chaintimes.com/elon-musk-says-the-price-of-bitcoin-and-ethereum-seem-high/ It indicates that Ethereum continue stabling and faces correction in the future. Resources https://cryptoslate.com/nvidia-bets-big-on-ethereum-mining-with-new-dedicated-graphic-chip/ https://www.marketbeat.com/cryptocurrencies/ethereum/ https://chaintimes.com/elon-musk-says-the-price-of-bitcoin-and-ethereum-seem-high/
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