The daily candle
Ethereum closed the November 5 daily candle at $2,237, down 7.69% on the day, after trading between $2,205 and $2,436. What stands out on the daily chart: sharp move, 30-day closing low, volume spike.
Moving averages
The close of $2,237 is 4.5% below the 20-day average ($2,342).
The close of $2,237 is 10.7% below the 50-day average ($2,504).
Momentum: RSI and MACD
The 14-day RSI reads 39.4, 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 -57.09 against a signal line of -61.06, 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 1.84 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 $2,196 to $2,488, and the close is inside the bands.
Over the previous 30 days the highest close was $2,697 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.