Ethereum Fear and Greed Index, often used to assess investor sentiment, indicating growing optimism
This marks a noticeable uptick from readings over the past weeks, which was paralleled by an increase in Ethereum's price.The Ethereum Fear and Greed Index is a tool that provides insight into the collective sentiment of Ethereum investors.By Oct. 11, the index fluctuated slightly but remained neutral, ranging from 42 to 45. During that period, Ethereum's price had been oscillating between $1,566 and $1,576.Ethereum's market capitalization stands robust at approximately $196.
However, investors should exercise caution. As noted by 100eyes Crypto Scanner, there is an RSI bearish divergence on the 1-hour chart for Ethereum, which could potentially indicate an impending price drop.Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
As Bitcoin (BTC) Price Jumps to $30,000, Fear and Greed Index SpikesInspired by another Ripple legal win, crypto markets become moderately optimistic today, 'Fear and Greed' index grows in 'neutral' zone
Read more »
Analysts Forecast Price Increase For Everlodge, What Next for Ripple (XRP) and Ethereum Prices?Crypto Blog
Read more »
Ethereum (ETH) Withdrawals to Be Temporarily Suspended by Binance, Here's WhyEthereum network (ERC20) deposits and withdrawals will be suspended on Binance
Read more »
Ethereum co-founder Joseph Lubin faces lawsuit over Consensys stock valueLubin and Consensys, now valued at over $7 billion, are accused of violating equity promises made in its early startup days.
Read more »
Ethereum (ETH) Aims for $1,900: Key Factors to Watch Right NowEthereum price shows strong potential for price surge, leading expert predicts, backing up his words with promising technical indicators and market trends
Read more »
Ethereum Price Prediction: ETH ponders steep crash to $1,000 as it encounters key hurdleEthereum (ETH) price consolidated for the past year and more, forming a bullish setup. But circumstances have pushed the smart contract token to trigg
Read more »