 Ethereum opens at $2.2K and goes down around to $1.9K and stable around $2.2K. The average transaction fee is $22.47 which is 19.20% increase from 04-18-21. Ideally, gas fee should below $10 and build up for another raise toward $2.7K. Ethereum is strong support at around $1.7K as my analysis yesterday. It is slowly grind up and toward $2.3K after reach $2.5K at all time high and short term correction may come since its valuation is high in my opinion. The valuation is around $1.5K. You can reference my method here. Gas fee is high as usual. Ethereum decreases its correlation with Gold indicates that it becomes a neutral position 👁️. The price may fluctuate less in the coming day with price toward mid-level. I raise my floor price to $1.5k indicates the strong support and raise the ceiling price at $2.5k. As today, Ethereum Value = $1.5k ~ $2.5k and my position is Long.  Also, if you have any suggestions, please do not hesitate to let me know! Thanks for reading and see you tomorrow!  Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@xuanling11/ethereum-technical-analysis-04-19-21)
author | xuanling11 |
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permlink | ethereum-technical-analysis-04-19-21 |
category | hive-167922 |
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voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
amr008 | 0 | 1,545,149,055 | 5% | ||
uwelang | 0 | 1,297,164,962 | 0.2% | ||
r0nd0n | 0 | 7,206,224,054 | 4.08% | ||
ackza | 0 | 21,066,794,768 | 100% | ||
shebe | 0 | 1,055,408,615 | 3% | ||
gadgetsdg | 0 | 0 | 100% | ||
dustbunny | 0 | 25,556,676,280 | 7.98% | ||
contrabourdon | 0 | 1,345,964,050 | 1.02% | ||
abh12345.leo | 0 | 46,426,549 | 1.83% | ||
leovoter | 0 | 146,165,601 | 4.08% | ||
onealfa.leo | 0 | 335,003,884 | 2.04% | ||
efathenub | 0 | 549,486,881 | 2.04% | ||
toni.curation | 0 | 141,703,190 | 4% | ||
creators-voter | 0 | 0 | 1.53% | ||
localgrower | 0 | 900,697,333 | 1.02% |