Ethereum trades at around $2,308 on Monday evening and closes its fourth trading day in a row in the red. The price sits below the 200-day average of $2,329, and that is the real finding of the day: this line has carried every recovery of the current year.
Documented up to this point is the following: the price of $2,308, down 1.7 percent in 24 hours, the two moving averages from the chart further down, October's balance of minus 14.1 percent and the US Federal Reserve's rate decision on Wednesday. What the editorial team concludes from that for the coming days has a section of its own further down and is marked there as an assessment.
Where the price can point on a horizon of months is what our Ethereum forecast tracks continuously. This article takes today.
Where Ethereum stands on Monday evening
The day brought a narrow range. The high was $2,347 and the low $2,293, with 2.4 percent between the two. Ethereum's market capitalization comes to $282 billion, and trading turnover over the past 24 hours to $10.7 billion.
What decides, though, is not the single day but the run. Four daily closes in a row came in ...
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