Ethereum Technical & Sentimental Analysis 07-30-21
Ethereum opens at $2.3K. It hits lowest at $2.2K and highest at $2.4K and stable around $2.3K. The average transaction fee is $5.70 which is 37.50% decrease from 07-29-21. Fear and Greed level is at 48.
Here are some highlights to support my analysis:
As today, Ethereum Value = $1.7k ~ $2.5k and my position is Long.
Today’s sentimental news and comments:
Bullish News 📈
Happy birthday to Ethereum! Its mainnet debuted on July 30th, 2015 which makes Ethereum an 6 year old!
Robo-advisor Wealthfront taps into crypto as they will offer BTC and ETH trusts to its portfolio offering. Retirement system may change its landscape in the long term.
Bearish News 📉
Congress passed a $550B bill that likely threatens the crypto industry with heavy tax regulations.
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Thanks for reading and see you tomorrow!