Ether Trades Below Seven-, 20- and 50-Day Moving Averages
Photo: TokenPost
Ether (ETH) traded at $2,492.63 in the Oct. 10 Binance spot-market snapshot, remaining below three shorter-term moving averages as futures sell-initiated volume exceeded buy volume. The 24-hour trading range was $2,474.34 to $2,520.54. Ether was below its seven-day simple moving average at $2,594.81, its 20-day average at $2,662.89 and its 50-day average at $2,554.22. Its 200-day average was $2,133.02. At 3 a.m. ET (07:00 UTC), Binance futures open interest stood at about 2.35 million contracts, with a notional value of approximately $5.78 billion. Open interest declined 0.85% over the previous 24 hours.
Source: TokenPost
