Ethereum(eth)market reviews and price predictions
Ethereum market statement for 2022-10-06
Yesterday the price of eth stood at $1 358. The market capitalization of the asset was $163 475 522 281. Ethereum’s volatility was established at 0.32%. The trading volume of the coin reached $8 502 549 882.
Ethereum prognosis for the next days:
We estimate the price of Ethereum to be $1 245 tomorrow 2022-10-08 and $1 329 on 2022-10-14;
We estimate the market capitalization of Ethereum to reach $159 268 895 506 tomorrow 2022-10-08 and $160 469 084 602 on 2022-10-10;
We estimate the volatility of Ethereum to become 2.06% tomorrow 2022-10-08 and 1.48% on 2022-10-10;
We estimate the trading volume of Ethereum to amount to $9 601 929 862 tomorrow 2022-10-08 and $8 686 168 592 on 2022-10-10.
Our recommendation for the pair ETH/USD for tomorrow, 2022-10-08, to sell.
Ethereum sees limited 1% gains between September 30 and October 6 as the market cools down.
Ethereum has been 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 market capitalization of the asset has been increasing in concert with the price of the coin. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
September 29 - October 5 price action recap: Ethereum sees a weak 2% gain as the buyers take a step back.
The upward movement of the Ethereum price last week indicates the chosen market is. The volatility associated with the ETH market was low, as were its price fluctuations. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The price action of the crypto coin from last week stemmed from the increasing trading volume.
Buyers weakened their grip on the Ethereum market (September 28 - October 4) as the price rose only by 2%.
The behavior of Ethereum last week was characterized by the occurrence of upswings. ETH has been going through a period of low volatility, which fell in line with the occurred price changes. The price action on the coin's market translated to the decline of market capitalization. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
Bearish response: The Ethereum price melts by 3% between September 26 and October 2.
The downward movement of the Ethereum price last week indicates the chosen market is. The situation on the ETH market shows that the underlying asset is currently experiencing a period of low volatility. The asset saw its market capitalization growing over the reviewed period together with its price. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
Ethereum market stayed flat from September 24 - September 30.
Ethereum portrayed neutral behavior last week, with no changes in the price. The volatility of ETH has been low throughout the reviewed period in correspondence with the price action. No rise or fall was observed in the market capitalization of the coin during the period under review. No growth or loss has been observed in trading volume on the crypto coin's market.
The torpid Ethereum had its price rise only by 3% last week (September 23 - September 29).
Ethereum has been last week as its price has been predominantly rising. The volatility associated with the ETH market was low, as were its price fluctuations. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The price action of the crypto coin last week took place on the back of increased trading volume.
Ethereum retraces by 1% in the period September 20 - September 26 as the market turns slightly bearish.
The downward movement of the Ethereum price last week indicates the chosen market is bearish. The volatility of ETH has been low throughout the reviewed period in correspondence with the price action. The market capitalization of the asset has been decreasing in concert with the price of the coin. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
Down by 3% : The Ethereum market saw some bearish action last week (September 19 - September 25).
Between September 19 - September 25, Ethereum has been mostly bearish as its price has been in the falling mode. ETH was caught in a period of low volatility, which was reflected in its price action. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
The September 17 - 23 market report: Ethereum plunges by 12% as sellers apply more pressure.
The downward movement of the Ethereum price last week indicates the chosen market is bearish. 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 falling. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
September 16 - September 22 price action review: Ethereum goes down by 9%.
The bearish behavior of Ethereum last week was characterized by the occurrence of downswings. ETH has been going through a period of medium volatility, which fell in line with the occurred price changes. The asset saw its market capitalization falling over the reviewed period together with its price. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.