Ethereum 4 Hour Price Update
Updated June 08, 2020 01:35 AM GMT (09:35 PM EST)
Ethereum closed the previous 4 hours up 0.79% ($1.91); this denotes the 2nd candle in a row an increase has occurred. Ethereum outperformed all 5 assets in the Top Cryptos asset class since the previous 4 hours. Congrats to its holders!
Ethereum Daily Price Recap
Ethereum closed yesterday up 1.1% ($2.67); this denotes the 2nd day in a row an upward move has occurred. The price move occurred on volume that was up 82.08% from the day prior, but down 5.45% from the same day the week before. On a relative basis, yesterday was pretty good: Ethereum bested all 5 of the assets in the Top Cryptos class 🙂 Below 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. For additional context, note that price has gone up 6 out of the past 10 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 boldhead777:
@TheBitcoinNews Not just Ethereum, I spent $2 as network fees on a bitcoin transaction of just $20. The solution lies in the technology behind alts like midas, Dash and $DIVI. The low transaction fees and the high speed of all transactions involving @Diviproject is one of the best now.
- From MeliDooshima:
Airdrop update!Due to the high fees on the Ethereum network, sending airdrop is x10 of the original cost. We apologize to all airdrop participants for the delays.Airdrop will be distributed when the fee goes down a bit.Thank you all.@cctip_io airdrop 300 REMI 200
- From spencecoin:
I think @antiprosynth is one of the best people in the Ethereum ecosystem.He retweets everything Ethereum so it’s like if you tweet anything about ETH, you always have a hype man. Ride or die.
In terms of news links for Ethereum here’s one to try:
Loopring’s zkRollup now supports not just trading, but transfers as well….With Loopring, Ethereum has the most secure, scalable solution for trading and transfers….Because all transfers happen on the Loopring zkRollup, that means users must be on the zkRollup to send or receive these fast and free payments….Loopring is a protocol for scalable, secure exchanges and payments on Ethereum using zkRollup.