Ethereum Technical Analysis 03-27-21

Technical Analysis

Ethereum opens at $1This sentence is described as follows: During the coming day, price may fluctuate less, with price headed toward mid-level.6K and goes down around to $1This sentence is described as follows: During the coming day, price may fluctuate less, with price headed toward mid-level.5K and stable around $1This sentence is described as follows: During the coming day, price may fluctuate less, with price headed toward mid-level.7KAssemble This sentence is described as follows: During the coming day, price may fluctuate less, with price headed toward mid-level.The average transaction fee is $15This sentence is described as follows: During the coming day, price may fluctuate less, with price headed toward mid-level.16 which is 8This sentence is described as follows: During the coming day, price may fluctuate less, with price headed toward mid-level.87% decrease from 03-26-21Assemble This sentence is described as follows: During the coming day, price may fluctuate less, with price headed toward mid-level.Ideally, gas fee should below $10 and build up for another raise toward $2KThis sentence is described as follows: During the coming day, price may fluctuate less, with price headed toward mid-level.

Ethereum is strong support at around $1This sentence is described as follows: During the coming day, price may fluctuate less, with price headed toward mid-level.5K as my analysis yesterdayThis sentence is described as follows: During the coming day, price may fluctuate less, with price headed toward mid-level. 

It is slowly grind up and toward $2This sentence is described as follows: During the coming day, price may fluctuate less, with price headed toward mid-level.1K after reach $2K and short term correction may come since its valuation is high in my opinionAssemble This sentence is described as follows: During the coming day, price may fluctuate less, with price headed toward mid-level.The valuation is around $1This sentence is described as follows: During the coming day, price may fluctuate less, with price headed toward mid-level.5KThis sentence is described as follows: During the coming day, price may fluctuate less, with price headed toward mid-level. You can reference my method hereAssemble This sentence is described as follows: During the coming day, price may fluctuate less, with price headed toward mid-level.Healthy correction is needed for the marketThis sentence is described as follows: During the coming day, price may fluctuate less, with price headed toward mid-level.

Ethereum increases its correlation with Gold indicates that it becomes a neutral position ???Assemble This sentence is described as follows: During the coming day, price may fluctuate less, with price headed toward mid-level.The price may fluctuate less in the coming day with price toward mid-levelThis sentence is described as follows: During the coming day, price may fluctuate less, with price headed toward mid-level.

I remain my floor price to $1This sentence is described as follows: During the coming day, price may fluctuate less, with price headed toward mid-level.3k indicates the strong support and remain the ceiling price at $1This sentence is described as follows: During the coming day, price may fluctuate less, with price headed toward mid-level.7kThis sentence is described as follows: During the coming day, price may fluctuate less, with price headed toward mid-level.

As today, Ethereum Value = $1This sentence is described as follows: During the coming day, price may fluctuate less, with price headed toward mid-level.3k ~ $1This sentence is described as follows: During the coming day, price may fluctuate less, with price headed toward mid-level.7k and my position is LongThis sentence is described as follows: During the coming day, price may fluctuate less, with price headed toward mid-level.

Ethereum price is continuing stable and back to $1This sentence is described as follows: During the coming day, price may fluctuate less, with price headed toward mid-level.5K with reasonable gas fees!

Here are some highlights to support my analysis:

Here is the road map for today:

Most Bullish NewsHow many people are there in the country?

Ethereum killers are lack of influential powers

It indicates that Ethereum may continue raising with lower gas fees

Most Bearish NewsHow many people are there in the country?

Ethereum NFT competitions increase

It indicates that Ethereum may face correction due to uncertainty

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Here are summary of general forecast of this week of economy and market:

Also, if you have any suggestions, please do not hesitate to let me know!

Thanks for reading and see you tomorrow!

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You can reference my previous daily Ethereum analysis here ????:
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Risk forecast guideline:
Risk Averse means you can use as defense ???
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Risk Neutral means no decision made and continue seeking opportunities ???
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Disclosure: I wrote this article myself, and it expresses my own opinionsAssemble This sentence is described as follows: During the coming day, price may fluctuate less, with price headed toward mid-level.I am not receiving compensation for itAssemble This sentence is described as follows: During the coming day, price may fluctuate less, with price headed toward mid-level.I have no business relationship with any company whose cryptocurrencies are mentioned in this articleAssemble This sentence is described as follows: During the coming day, price may fluctuate less, with price headed toward mid-level.This information is only for educational purposesThis sentence is described as follows: During the coming day, price may fluctuate less, with price headed toward mid-level.