Ethereum 4 Hour Price Update
Updated March 22, 2020 05:35 AM GMT (01:35 AM EST)
Ethereum enters the current 4 hour candle at 133.73 in US dollars, up 0.68% ($0.9) 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
Ethereum came into today down 0.51% ($0.68) from the open of yesterday, marking the 2nd day in a row it has gone down. The change in price came along side change in volume that was down 59.13% from previous day, but up 5.62% from the Saturday of last week. Those trading within the Top Cryptos asset class should know that Ethereum was the worst performer in the class during yesterday. Below is a 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 down. For additional context, note that price has gone down 5 out of the past 10 days. And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well. Rejoice!
Overheard on Twitter
Over on Twitter, here were the top tweets about Ethereum:
- From cryptunez:
your wife left because you bought ethereum at $1000
- From LucasCosolo:
I’m trying to collect #Ethereum tokens. Have you any #ERC20 coins you don’t want, or to share with me, so I can learn more about it?0x9f4D4A602C9Eb564E5e25d26853D54e356af100EThanks 🙂 @coinkit_ mon 1 100 $tzc
- From gualestrit:
📌Resumen SemanalDow Jones -17.3%
S&P 500 -15.0%
Russell 2k -16.3%
CBOE VIX +14.2%EUR/USD -3.98%
GBP/USD -5.72%Bitcoin +3.7%
Ripple -7.4%Crudo WTI -26.4%
In terms of news links for Ethereum here’s one to try:
Venturo noted that Folding@home has been used to contribute to breakthroughs in the creation of other important drugs. “Their research had profound impacts on the development of front-line HIV defense drugs, and we are hoping our [computing power] will aid in the fight against coronavirus,” Venturo said….Instead of one research firm alone using a massive computer to do research, Folding@home uses the computing power of anyone who wants to participate from around the world – even if it’s just a single laptop with a little unused computing power to spare….Venturo urges other GPU miners to join the cause. Even without these calls for participation, though, miners of other cryptocurrencies are already independently taking action.