Ethereum (ETH) Up $2.11 On 4 Hour Chart, Outperforms All Top Cryptos to Start the Day; in an Uptrend Over Past 14 Days

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Ethereum 4 Hour Price Update

Updated June 04, 2020 01:35 AM GMT (09:35 PM EST)

Ethereum closed the previous 4 hours up 0.88% ($2.11); 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

The back and forth price flow continues for Ethereum, which started today off at 244.56 US dollars, up 2.84% ($6.75) from the day prior. The price move occurred on volume that was down 50.16% from the day prior, but up 22.21% from the same day the week before. Ethereum outperformed all 5 assets in the Top Cryptos asset class since the day prior. Here 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. Or to view things another way, note that out of the past 30 days Ethereum’s price has gone up 15 them.

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 bobrasX:

    Over the past 24 hours, more than 10,000 new users have signed up on CoinField. It reminds me of the good old days of 2017. I’m sure everyone loves to see $XRP back to $3.84, $BTC to $21K and $ETH to $1500 again. @CoinFieldEX @Ripple @ethereum @Bitcoin

  • From zhusu:

    If someone had told me in the middle of 2018 that USDT would first migrate to Ethereum, I would’ve said that makes a lot of sense. If you then told me that the 3rd most popular transport layer would become Tron instead of EOS, I would’ve chuckled heartily.

  • From MissVaylaNL:

    Yes the airdrop is still going on, will probably take another day or two.
    Thank the ethereum gas fee’s for that.👽Yes the new $VYA token is listed on @cctip_io Didn’t receive the new tokens yet? Wait patiently, it will come.🛸#VAYLAtoken
    @cctip_io draw 500 VYA 200

As for a news story related to Ethereum getting some buzz:

The State of Eth2, June 2020 | Ethereum Foundation Blog

Phase 1.5 is the integration of Ethereum mainnet into the new eth2 consensus mechanism as a shard (existing as one of the many shards created in Phase 1)….Is there anything useful we can do with all this data before the integration of Ethereum into eth2?…Eth2 is built for Ethereum and at this point, eth2 becomes Ethereum….Eth2 client teams have accomplished the Herculean task of managing the consensus of hundreds of thousands of validators so that we can safely and efficiently integrate many shards come Phase 1….On the other hand, an eth2 client is entirely consensus….For eth2, this is an important technical mechanism to ensure that nodes and validators can validate and secure the protocol without the burden of storing the full user state of each shard.