Ethereum(eth)market reviews and price predictions
Ethereum market statement for 2023-01-24
Yesterday the price of eth stood at $1 622. The market capitalization of the asset was $196 541 663 696. Ethereum’s volatility was established at 0.86%. The trading volume of the coin reached $9 037 743 838.
Ethereum prognosis for the next days:
We estimate the price of Ethereum to be $1 635 tomorrow 2023-01-27 and $1 523 on 2023-02-02;
We estimate the market capitalization of Ethereum to reach $188 519 767 000 tomorrow 2023-01-27 and $192 634 586 653 on 2023-01-29;
We estimate the volatility of Ethereum to become 2.53% tomorrow 2023-01-27 and 1.9% on 2023-01-29;
We estimate the trading volume of Ethereum to amount to $9 239 177 752 tomorrow 2023-01-27 and $9 046 696 143 on 2023-01-29.
Our recommendation for the pair ETH/USD for tomorrow, 2023-01-27, to sell.
The bullish pressure subsides between January 18 and January 24 as Ethereum gains only 5%.
The price of Ethereum was rising last from January 18 until January 24, giving enough reason to conclude that the market is bullish. ETH has been going through a period of low volatility, which fell in line with the occurred price changes. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.
The torpid Ethereum had its price rise only by 3% last week (January 17 - January 23).
Ethereum has been bullish last week as its price has been predominantly rising. The volatility of ETH has been low throughout the reviewed period in correspondence with the price action. The asset saw its market capitalization growing over the reviewed period together with its price. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
Buyers weakened their grip on the Ethereum market (January 16 - January 22) as the price rose only by 5%.
The analysis of last week’s price action shows that the Ethereum market is in the bullish phase since the price has been moving upward. The volatility of ETH has been low throughout the reviewed period in correspondence with the price action. The asset saw its market capitalization growing over the reviewed period together with its price. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
Reservedly bullish : the price of Ethereum grew by 8% in the period of January 15 - January 21.
Ethereum has been bullish last week as its price has been predominantly rising. The volatility of ETH has been low throughout the reviewed period in correspondence with the price action. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
January 14 - January 20 price action recap: Ethereum sees a weak 4% gain as the buyers take a step back.
Ethereum has been bullish last week as its price has been predominantly rising. ETH was caught in a period of medium volatility, which was reflected in its price action. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
A 9% price increase last week (January 13 - January 19) confirms the bullishness of Ethereum.
The bullish behavior of Ethereum last week was characterized by the occurrence of upswings. The situation on the ETH market shows that the underlying asset is currently experiencing a period of medium volatility. The price action on the coin's market translated to the growth of market capitalization. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.
The buyers controlled the Ethereum market between January 12 and January 18 as the price grew by 8%.
The analysis of last week’s price action shows that the Ethereum market is in the bullish phase since the price has been moving upward. ETH was caught in a period of medium volatility, which was reflected in its price action. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.
Ethereum exploded by 17% in the period of January 10 - January 16 as the buyers got an upper hand.
The price of Ethereum was rising last from January 10 until January 16, giving enough reason to conclude that the market is bullish. ETH has been going through a period of medium volatility, which fell in line with the occurred price changes. There has been a rise in the market capitalization of the asset during the period under review. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.
Ethereum exploded by 15% in the period of January 9 - January 15 as the buyers got an upper hand.
The analysis of last week’s price action shows that the Ethereum market is in the bullish phase since the price has been moving upward. The volatility of ETH has been medium throughout the reviewed period in correspondence with the price action. The price action on the coin's market translated to the growth of market capitalization. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
Market analysis January 8 - January 14 : Ethereum posts a 21% rally.
Ethereum has been bullish last week as its price has been predominantly rising. The volatility of ETH has been medium throughout the reviewed period in correspondence with the price action. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.