The daily candle
Ethereum closed the November 8 daily candle at $2,127, down 5.02% on the day, after trading between $2,052 and $2,245. What stands out on the daily chart: sharp move, 30-day closing low, MACD crossed below signal.
Moving averages
The close of $2,127 is 8.0% below the 20-day average ($2,311).
The close of $2,127 is 14.3% below the 50-day average ($2,482).
Momentum: RSI and MACD
The 14-day RSI reads 32.9, 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 -67.97 against a signal line of -61.85, 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 0.74 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 $2,142 to $2,481, and the close is below the lower band.
Over the previous 30 days the highest close was $2,536 and the lowest $2,237.
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.