Ethereum 4 Hour Price Update
Updated August 08, 2020 01:35 AM GMT (09:35 PM EST)
The choppiness in the recent four-hour candle price action of Ethereum continues; to start the current 4 hour candle, it came in at a price of 382.97 US dollars, up 2.19% ($8.22) since the last 4 hour candle. Relative to other instruments in the Top Cryptos asset class, Ethereum ranked 2nd since the last 4 hour candle in terms of percentage price change.
Ethereum Daily Price Recap
Ethereum closed the day prior down 3.92% ($15.5); this denotes the 2nd day in a row a decrease has occurred. As for how volume fared, yesterday’s volume was up 59.66% from the previous day (Thursday), and up 13.99% from Friday of the week before. Those trading within the Top Cryptos asset class should know that Ethereum was the worst performer in the 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 30 day horizon; over that time period, price has been moving up. Or to view things another way, note that out of the past 10 days Ethereum’s price has gone up 7 them.
Overheard on Twitter
Over on Twitter, here were the top tweets about Ethereum:
- From VitalikButerin:
@Narodism @musalbas @MPtherealMVP @NickSzabo4 So you dislike the aesthetics of some people in the ethereum community (btw I’ve never done a burner party, LSD or a sex orgy) therefore ethereum has lost the plot? If I wanted to I could make similar caricatures about the whole “rah rah I’m manly because I eat steak” thing.
- From ercwl:
I follow a lot of Bitcoin accounts and a lot of Ethereum accounts. I’m noticing that currently Ethereum accounts are a bit “stronger” than Bitcoin accounts. More articulate, more well-versed with the other side’s arguments, better at making the other side seem less knowledgeable.
- From worthalter:
My @discord account was suspended this morning because I sent too many private messages to people that wanted their @poapxyz 🎖 to recall the @ethereum medalla testnet launch. Please help me making this visible to the discord support team so they know I’m no spammer 🙏🏻
