Ethereum 4 Hour Price Update
Updated July 28, 2020 03:19 AM GMT (11:19 PM EST)
Ethereum is down 0.75% ($2.42) since the last 4 hour candle, marking the 2nd candle in a row it has gone down. 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
Ethereum closed the day prior up 3.51% ($10.92); this denotes the 7th day in a row it has gone up. The price move occurred on stronger volume; specifically, yesterday’s volume was up 63.02% from the day prior, and up 636.16% from the same day the week before. On a relative basis, Ethereum was the worst performer out of all 5 of the assets in the Top Cryptos asset class during the day prior. Let’s take a look at the 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 10 out of the past 14 days.
Overheard on Twitter
For laughs, fights, or genuinely useful information, let’s see what the most popular tweets pertaining to Ethereum for the past day were:
- From WLFOFMYST:
One more point – just to keep it real. The bashing of #Tron started, when people claimed Justin copied $ETH.First – Ethereum is open source – there is no stealing. Second – Zuckerberg actually DID steal shit – and look where he is. Hope everyone has a nice day 😎
- From PeterZh47977516:
Spent some time on studying the fee delegation solutions on #Ethereum today. Compared with them, #VeChain’s fee delegation solutions, MPP + VIP191, are way more better in terms of efficiency, usability and cost. It is all because they were directly built in blockchain protocol.
- From MatiGreenspan:
So let me get this straight….Just about everyone in crypto is sure that #DeFi is a bubble and most of the projects don’t pass the smell test.Yet, we’re all glad to pump Ethereum to the moon because DeFi is trending right now.That about sum it up?