Ethereum 4 Hour Price Update
Updated April 12, 2020 05:36 AM GMT (01:36 AM EST)
156.93 (USD) was the opening price of the four-hour candle for Ethereum, resulting in the last 4 hour candle being one in which price moved down 1.02% ($1.62) from the last 4 hour candle. Relative to other instruments in the Top Cryptos asset class, Ethereum ranked 4th since the last 4 hour candle in terms of percentage price change.
Ethereum Daily Price Recap
The back and forth price flow continues for Ethereum, which started today off at 158.67 US dollars, up 0.35% ($0.55) from yesterday. The price move occurred on volume that was down 70.73% from the day prior, but up 25.03% from the same day the week before. Relative to other instruments in the Top Cryptos asset class, Ethereum ranked 3rd since yesterday in terms of percentage price change. Here is a daily price chart of Ethereum.
Ethereum Technical Analysis
Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. For additional context, note that price has gone up 8 out of the past 14 days. Also, candlestick traders! Note we see pin bar pattern appearing here as well.
Overheard on Twitter
In terms of news links for Ethereum here’s one to try:
Reddit Experiments With Ethereum-Based Community Points | Crypto Briefing
Reddit Community Points will become a measure of a user’s reputation and their level of contribution to a community….Community moderators will get a 10% share of Community Points and Reddit gets 20%….You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice.
