84%
↓ 2,400
- ↓ 2,400 84%
- ↓ 2,300 68%
- ↑ 2,400 68%
- ↓ 2,200 ▲15 56%
- 13 more10%
ETH Price Prediction: Stalled Below SMA 50 as Open Interest Climbs and Taker Selling Leads
0Importance
closedStatus
1News media
- Published
Ether traded lower in the latest session, and one write-up said it stayed above its short- and long-term 7- and 200-day averages while sitting below its 20- and 50-day lines and two exponential averages. Another write-up said taker sell volume was ahead of taker buy volume in the latest one-hour period, alongside a rise in open interest.
Key claims & sources
✓
Ether traded at $2,528.64 and was down 1.76% in the session, while remaining above its SMA 7 and SMA 200 and below its SMA 20, SMA 50, EMA 12, and EMA 26.
✓
Binance Futures open interest rose 4.8%.
✓
Taker sell volume was higher than taker buy volume in the latest one-hour period.
✓
Ether fell 1.76% to $2,528.64.
What it means
Ether holders and traders would notice a market that is still trading beneath several shorter-term averages while remaining above longer-term ones. The session also showed more selling than buying in taker flow, which is visible in the latest one-hour period and may matter to anyone watching order flow closely.
In practice, the market is still being measured against the same moving averages, with price below the 20-day and 50-day lines but above the 7-day and 200-day lines. Open interest is also being tracked as higher than before on Binance Futures, so the main change in the setup is the level of participation shown there, not a change in the averages themselves.
Market reaction i
Ethereum fell 1.4% in the 4 hours after the first headline, after rising 0.1% in the 2 hours before.
$2,527
price at the headline
+0.1%
2 h before
-1.4%
4 h after
-0.8%
12 h after
First headline
48 prices, one every 30 minutes
Coverage timeline
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
first
Blockchain.News
scoop
Oct 13 07:15
Breaks the event
Has this happened before?
| When | What happened | Figure |
|---|---|---|
| 34 days ago | Crypto Traders See $32.39 Million in Liquidations in One Hour event | 2 actors in common · 2 news media |
| 29 days ago | QQQ Price Prediction: MACD Histogram Hits Zero as Open Interest Contracts and Taker Buying Surges event | 1 actors in common · 2 news media |
| 29 days ago | LDO Price Prediction: Taker Buying Surges but Open Interest Drops as LDO Stalls at Resistance event | 1 actors in common · 2 news media |
| 29 days ago | ARB Price Prediction: Five-Percent Gain Meets Shrinking Open Interest at a Make-or-Break $0.20 Level event | 1 actors in common · 2 news media |
| 29 days ago | NEAR Price Prediction: Momentum Flatlines at $5.21 as Open Interest Collapses 18% event | 1 actors in common · 2 news media |
What could happen next i
57%
↓ 2,200
- ↓ 2,200 57%
- ↓ 2,150 11%
- ↓ 2,050 6%
- ↑ 2,250 3%
- 10 more10%