Capitalize Financial
No Result
View All Result
Tuesday, March 21, 2023
  • Home
  • Business
  • Economy
  • World
  • Markets
  • Tech
  • Real Estate
Capitalize Financial
  • Home
  • Business
  • Economy
  • World
  • Markets
  • Tech
  • Real Estate
No Result
View All Result
Capitalize Financial
No Result
View All Result
Home Sports

Story from Markets Market Wrap: Ether Trading Volume Up, Closing In on Bitcoin; Crypto Market Struggles

by capitalizefinancial
May 26, 2021
in Sports
0
Story from Markets Market Wrap: Ether Trading Volume Up, Closing In on Bitcoin; Crypto Market Struggles

The second-largest cryptocurrency by market capitalization, ether, was trading at around $2,507 as of 21:00 UTC (4:00 p.m. ET), slipping 5% over the prior 24 hours. The asset is near the 10-hour moving average and above the 50-day, a sideways signal for market technicians.

Ether dipped from $2,750 at 00:45 UTC (8:45 p.m. ET Monday) to as low as $2,397 by 12:00 UTC (8 a.m. ET), a 12.8% decrease, based on CoinDesk 20 data. Bitcoin has since made gains, however, settling at $2,507 as of press time.

“There is a good deal of room to intermediate-term oversold territory for ether,” said Katie Stockton, a technical analyst for Fairlead Strategies, in her weekly investor note. “The corrective phase has not damaged the long-term uptrend or positive monthly momentum indicators, so we ultimately would be a buyer into the weakness.”

Despite Stockton’s concerns about oversold territory, trading volumes for ether appear robust. Monday’s closing data from CoinDesk Research again highlights that traders will pool liquidity in digital assets that have long-term fundamental promise, and not just in bitcoin.

Read more…

No Result
View All Result

Subscribe Us

By clicking on Subscribe, I confirm that I have read and agree to the terms set forth in the Privacy Policy and Terms of Service including Capitalize Financial ability to use and share my information and Capitalize Financial, or third-party companies and business partners, may send me offers for products and services at the email address I have provided. I understand that my information may be supplemented with additional information obtained from other sources.
  • Trending
  • Comments
  • Latest

Capital One Savings Account Rates for November 2022

Gas Prices Today, October 22, 2022: Check the cheapest Gas Stations Today

7 personal finance tips for Gen Z, from a Gen Xer

NASA’s Orion spacecraft breaks Apollo 13 flight record

These are the 10 housing markets across the US where home sellers are sitting pretty

These are the 10 housing markets across the US where home sellers are sitting pretty

Embrace Technology And Stop Playing “Guess Who” With Your Customers

10 Best Finance Podcasts for 2023

NASA’s Webb Telescope Confirms First Exoplanet

Recent News

These are the 10 housing markets across the US where home sellers are sitting pretty

Embrace Technology And Stop Playing “Guess Who” With Your Customers

Categories

  • Business
  • Cryptocurrency
  • Economy
  • entertainment
  • finance
  • health
  • Markets
  • Music
  • Opinion
  • Politics
  • Real Estate
  • Science
  • Sports
  • Tech
  • World

Site Navigation

  • Contact Us
  • Privacy & Policy
  • Terms Of Service
  • Unsubscribe

© 2021 capitalize Financial All Rights Reserved

No Result
View All Result
  • Advertisement
  • Contact Us
  • Homepages
    • Home 1
    • Home 2
    • Home 3
    • Home 4
    • Home 5
  • World
  • Economy
  • Business
  • Opinion
  • Markets
  • Tech
  • Real Estate

© 2021 capitalize Financial All Rights Reserved