Ethereum (ETH) Falls 0.15% Monday: What's Next for This Neutral Rated Crypto? – InvestorsObserver

0

Ethereum (ETH) gets a neutral rating from InvestorsObserver Monday. The coin is down 0.15% to $2304.22 while the broader crypto market is up 0.04%.

Sentiment Score - ,
Ethereum has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on Ethereum!

Neutral

Over the last five days, Ethereum has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Ethereum over the past five days by volume and price movement.

The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip.

Price Levels

Ethereum is currently trading near its midpoint for the past five-days. The coin is 5.76% off its five-day high and is 5.69% higher than its five-day low of $2180.23.

Ethereum price is well positioned between support and resistance. With support set around $2273.25 and resistance at $2330.37, has some room to run before facing resistance.

Ethereum has traded on low volume recently. This means that today’s volume is below its average volume over the past seven days.

What is a coin?

A coin is a cryptocurrency that exists on its own blockchain. These are typically used for payments. Depending on the cryptocurrency, what those payments are use for may vary from general use in the Digital Money sub-class to a more specific use in some other sub-classes.

Due to a lack of data, this crypto may be less suitable for some investors.

Click here to unlock the rest of the report on Ethereum
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.
Thank you for signing up! You’re all set to receive the Morning Update newsletter
Stock Price data may be delayed up to 15 minutes.
Copyright © 2024. Portions of this content may be copyrighted by Fresh Brewed Media, Investors Observer, and/or O2 Media LLC. All Rights Reserved. Portions of this content protected by US Patent numbers 7,865,496, 7,856,390, and 7,716,116. Investing in stocks, bonds, option and other financial instruments involve risks and may not be suitable for everyone. Portfolio results are unaudited and based on varying investment expiration dates. Terms of Service | Privacy Policy

source

Leave a Reply

Your email address will not be published. Required fields are marked *