The daily candle
Ethereum closed the November 4 daily candle at $2,423, up 6.58% on the day, after trading between $2,225 and $2,451. What stands out on the daily chart: sharp move, volume spike, MACD crossed above signal.
Moving averages
The close of $2,423 is 3.1% above the 20-day average ($2,351).
The close of $2,423 is 3.3% below the 50-day average ($2,507).
The close of $2,423 is 12.3% above the 200-day average ($2,157).
The 50-day average is above the 200-day average. A moving average is the mean of the last N daily closes; where the price sits against it describes the recent trend, not the next one.
Momentum: RSI and MACD
The 14-day RSI reads 54.1, 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 -54.06 against a signal line of -62.02, so the MACD line is above its signal. MACD measures the gap between a fast and a slow exponential average.
Volume and range
Volume on the day was 1.81 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 $2,210 to $2,493, and the close is inside the bands.
Over the previous 30 days the highest close was $2,709 and the lowest $2,243.
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.