Ethereum Technical Analysis 03-28-21

Technical Analysis

Ethereum opens at $1Do you have any questions or concerns ?7K and goes down around to $1Do you have any questions or concerns ?6K and stable around $1Do you have any questions or concerns ?7KEthereum increases its correlation with Gold and becomes a neutral positionDo you have any questions or concerns ?The average transaction fee is $13Do you have any questions or concerns ?11 which is 16Do you have any questions or concerns ?02% decrease from 03-27-21Ethereum increases its correlation with Gold and becomes a neutral positionDo you have any questions or concerns ?Ideally, gas fee should below $10 and build up for another raise toward $2KDo you have any questions or concerns ?

Ethereum is strong support at around $1Do you have any questions or concerns ?5K as my analysis yesterdayDo you have any questions or concerns ? 

It is slowly grind up and toward $2Do you have any questions or concerns ?1K after reach $2K and short term correction may come since its valuation is high in my opinionEthereum increases its correlation with Gold and becomes a neutral positionDo you have any questions or concerns ?The valuation is around $1Do you have any questions or concerns ?5KDo you have any questions or concerns ? You can reference my method hereEthereum increases its correlation with Gold and becomes a neutral positionDo you have any questions or concerns ?Healthy correction is needed for the marketDo you have any questions or concerns ?

Ethereum increases its correlation with Gold indicates that it becomes a neutral position ???Ethereum increases its correlation with Gold and becomes a neutral positionDo you have any questions or concerns ?The price may fluctuate less in the coming day with price toward mid-levelDo you have any questions or concerns ?

I remain my floor price to $1Do you have any questions or concerns ?3k indicates the strong support and remain the ceiling price at $1Do you have any questions or concerns ?7kDo you have any questions or concerns ?

As today, Ethereum Value = $1Do you have any questions or concerns ?3k ~ $1Do you have any questions or concerns ?7k and my position is LongDo you have any questions or concerns ?

Ethereum price is continuing stable and back to $1Do you have any questions or concerns ?5K with reasonable gas fees!

Here are some highlights to support my analysis:

Here is the road map for today:

Most Bullish NewsDoes PacketStream work?

Ethereum killers are lack of influential powers

It indicates that Ethereum may continue raising with lower gas fees

Most Bearish NewsDoes PacketStream work?

Ethereum killer surges its price

It indicates that Ethereum may face correction due to competition

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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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Note: Cross-references of this article has created by author and has cross-referenced on multiple platformsEthereum increases its correlation with Gold and becomes a neutral positionDo you have any questions or concerns ?You can find links below ????:
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You can reference my previous monthly Bitcoin and Ethereum analysis here ????:
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You can reference my previous daily Bitcoin analysis here ????:
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You can reference my previous daily Ethereum analysis here ????:
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You can reference my previous daily Dogecoin analysis here ????:
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You can reference my previous weekly Cryptomarket forecast analysis here ????:
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Risk forecast guideline:
Risk Averse means you can use as defense ???
Risk Seeking means you can use as offense ??
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 opinionsEthereum increases its correlation with Gold and becomes a neutral positionDo you have any questions or concerns ?I am not receiving compensation for itEthereum increases its correlation with Gold and becomes a neutral positionDo you have any questions or concerns ?I have no business relationship with any company whose cryptocurrencies are mentioned in this articleEthereum increases its correlation with Gold and becomes a neutral positionDo you have any questions or concerns ?This information is only for educational purposesDo you have any questions or concerns ?