Ethereum 4 Hour Price Update
Updated June 29, 2020 01:37 AM GMT (09:37 PM EST)
224.61 (USD) was the opening price of the four-hour candle for Ethereum, resulting in the previous 4 hours being one in which price moved up 0.19% ($0.42) from the previous 4 hours. Relative to other instruments in the Top Cryptos asset class, Ethereum ranked 2nd since the previous 4 hours in terms of percentage price change.
Ethereum Daily Price Recap
The end of a 5 day negative run has come for Ethereum, which finished the previous day up 1.89% ($4.18). The change in price came along side change in volume that was down 33.34% from previous day, but up 63.58% from the Sunday of last week. Relative to other instruments in the Top Cryptos asset class, Ethereum ranked 2nd since the previous day in terms of percentage price change. Here is a daily price chart of Ethereum.
Ethereum Technical Analysis
Notably, Ethereum crossed above its 50 day moving average yesterday. Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving up. Interestingly, a trend in the other direction exists on the 30 day timeframe, where price is headed down. So if you expect the primary trend to resume, the counter trend may be providing an opportunity to buy dips. Or to view things another way, note that out of the past 14 days Ethereum’s price has gone down 10 them.
Overheard on Twitter
Behold! Here are the top tweets related to Ethereum:
- From somemikesena:
We just got approved for a grant by @IPFS and @ethereum to create a dag-jose library in javascript and go that standardizes the way objects are natively signed and encrypted in IPFS. Huge win for both ecosystems. Better together! @oedth @3boxdb @textileio
- From FXLordIce:
@binance #Ethereum is a “soft layer” #blockchain, just like “Internet” aka “www” was for other businesses & projects development. Therefore, #ETH price, must be cheaper and cheaper, to become… affordable (for those projects to evolve on its network/blockchain).Hope this helps.Ice.
- From brandonlharris:
Which☝️#cryptocurrency are you watching the most??(Comment your answer if it’s not one of these poll choices)$10ETH ?Poll + Giveaway?
I’m sending someone
$10 worth of #Ethereum
when this #cryptopoll finishes!
??For a chance to WIN…
Drop your ETH Address ?
In terms of news links for Ethereum here’s one to try:
Zilliqa mining with Ethereum Classic hardware: it is now possible
By Alfredo de Candia
– 19 Jun 2020
The Ezil.me team recently announced the possibility of mining Zilliqa (ZIL) with the hardware used to mine Ethereum Classic (ETC) in a very simplified way….So, in order to make sure that the choice of hardware does not eliminate the possibility of mining other cryptocurrencies, the Ezil.me team wanted to further develop and improve the mining of Ethereum Classic (ETC) machines and make them compatible for Zilliqa (ZIL) mining as well.