Ethereum 4 Hour Price Update
Updated March 24, 2020 05:35 AM GMT (01:35 AM EST)
Ethereum came into the current 4 hour candle up 0.08% ($0.11) from the open of the previous 4 hours, marking the 4th candle in a row it has gone up. On a relative basis, Ethereum was the worst performer out of all 5 of the assets in the Top Cryptos asset class during the previous 4 hours.
Ethereum Daily Price Recap
The end of a 3 day negative run has come for Ethereum, which finished the previous day up 11.68% ($14.3). The change in price came along side change in volume that was up 26.49% from previous day, but down 44.32% from the Monday of last week. Ethereum outperformed all 5 assets in the Top Cryptos asset class since the previous day. Congrats to its holders! The daily price chart of Ethereum below illustrates.
Ethereum Technical Analysis
Possible trend change alert: Ethereum may have broken its trend on the 14 day basis, as the trend’s momentum appears to be slowing down. 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. Or to view things another way, note that out of the past 10 days Ethereum’s price has gone up 5 them.
Overheard on Twitter
Behold! Here are the top tweets related to Ethereum:
- From udiWertheimer:
Israeli government is seriously considering postponing/cancelling daylight savings, which is supposed to go into effect in 5 days, because they think it will encourage people to stay homeYou can’t cancel daylight savings with a 5 days notice you plebs, this isn’t Ethereum
- From MacnBTC:
I googled “how to make money” and first search result said short ethereum
- From EthereumJesus:
Maybe Ethereum 2.0 will actually ship on time because everyone is at home working 🤔
In terms of news links for Ethereum here’s one to try:
Ethereum (ETH) | Binance Research
The state of Ethereum is updated by the addition of each new block….Each block contains valid transactions and is linked to its previous block by its header….Based on 256-bit word format, the EVM has a simple stack-based architecture with multiple data components: An ERC-20 token is a token that implements a standardized interface defined in EIP-20….Validators are expected to become active on Ethereum 2.0 upon completion of a valid deposit (~32 ETH) from the 1.0 chain into a new smart contract, along with a waiting period.