Ethereum opens at $1.8K and goes down around to $1.7K and stable around $1.9K. The average transaction fee is $18.79 which is 10.79% increase from 03-30-21. Ideally, gas fee should below $10 and build up for another raise toward $2K.
Ethereum is strong support at around $1.5K as my analysis yesterday.
It is slowly grind up and toward $2.1K after reach $2K and short term correction may come since its valuation is high in my opinion. The valuation is around $1.5K. You can reference my method here. Healthy correction is needed for the market.
Ethereum increases its correlation with Gold indicates that it becomes a neutral position 👁️. The price may fluctuate less in the coming day with price toward mid-level.
I remain my floor price to $1.3k indicates the strong support and remain the ceiling price at $1.7k.
As today, Ethereum Value = $1.3k ~ $1.7k and my position is Long.
Ethereum price is continuing stable and back to $1.5K with reasonable gas fees!
Also, if you have any suggestions, please do not hesitate to let me know!
Thanks for reading and see you tomorrow!
Gas fees are hiiiggghh right now been trying to buy shib and fees are insane $500+
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Yeah! FOMO now!
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