Ethereum (ETH) Up $0.74 On 4 Hour Chart, Started Today Down 1.22%; Pin Bar Pattern Appearing on Chart

Ethereum 4 Hour Price Update

Updated April 14, 2020 05:35 AM GMT (01:35 AM EST)

Ethereum is up 0.47% ($0.74) since the last 4 hour candle, marking the 3rd candle in a row an increase has occurred. Out of the 5 instruments in the Top Cryptos asset class, Ethereum ended up ranking 2nd for the four-hour candle in terms of price change relative to the last 4 hour candle.

Ethereum Daily Price Recap

The choppiness in the recent daily price action of Ethereum continues; to start today, it came in at a price of 156.82 US dollars, down 1.22% ($1.93) since yesterday. The price move occurred on volume that was up 32.95% from the day prior, but down 46.86% 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

The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 14 days Ethereum’s price has gone up 8 them. As for those who trade off of candlesticks, we should note that we’re seeing pin bar

Overheard on Twitter

Behold! Here are the top tweets related to Ethereum:

  • From pabcryptos2:

    God bless Dan Holding @futtrillionaire . Danny Oyekan is preaching the crypto gospel by tokenizing Naira on ethereum blockchain. Adoption Adoption Adoption. Seek knowledge people, imagine paying less than #50 when making huge tx .Bye Bye to traditional banking system

  • From hodl_american:

    Ethereum is just 3 guys making up nonsense words and a buncha people who won’t call them on it for fear of looking dumb.

  • From RyanSAdams:

    Internet was everything “as a service”Crypto is everything “as a protocol”Uniswap = liquidity as a protocol
    Tornado = privacy as a protocol
    Maker = stability as a protocol
    Compound = lending as a protocolAnd Ethereum is a protocol for money protocols

As for a news story related to Ethereum getting some buzz:

What is the Ethereum Name Service (ENS)? – Decrypt

It is not a naming service just for Ethereum; it is a name service built on Ethereum….ENS is built on Ethereum’s smart contracts, making it more secure, private, and resistant to censorship than the Internet’s Domain Name Service (DNS)….Now, as the owner of that domain you can set up the different addresses or information you want that name to link through as well as any subdomains.   The best thing to do with ENS is to replace your long, unreadable Ethereum address with a friendly, memorable ENS address such as realsatoshi.eth.