Watch: the daily chart check
▶ PlayThe daily candle
Ethereum closed the October 29 daily candle at $2,252, down 4.50% on the day, after trading between $2,231 and $2,379. What stands out on the daily chart: 30-day closing low, volume spike.
Moving averages
The close of $2,252 is 6.4% below the 20-day average ($2,408).
The close of $2,252 is 11.0% below the 50-day average ($2,530).
Momentum: RSI and MACD
The 14-day RSI reads 30.6, between 30 and 70, neither extreme. RSI compares the size of recent up days with recent down days on a 0 to 100 scale.
MACD (12, 26, 9) is -62.91 against a signal line of -52.81, so the MACD line is below its signal. MACD measures the gap between a fast and a slow exponential average.
Volume and range
Volume on the day was 1.91 times its 20-day average. Volume counts how much traded; a move on heavy volume involved more of the market than one on light volume.
The Bollinger Bands (20 days, 2 standard deviations) run from $2,274 to $2,541, and the close is below the lower band.
Over the previous 30 days the highest close was $2,726 and the lowest $2,324.
What it costs to hold a position
Anyone holding a ETH perpetual future pays or receives funding every settlement, and the rate differs by exchange. Today's rates across venues are on the ETH funding page.