Ethereum 4 Hour Price Update
Updated September 16, 2020 01:35 AM GMT (09:35 PM EST)
Ethereum is down 0.09% ($0.34) since the last 4 hour candle, marking the 3rd consecutive candle a decrease has occurred. 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
364.19 (USD) was the opening price of the day for Ethereum, resulting in the day prior being one in which price moved down 3.46% ($13.05) from the day prior. This move happened on lower volume, as yesterday’s volume was down 12.06% from the day before — and down 31.23% from the same day 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. Below is a daily price chart of Ethereum.
Ethereum Technical Analysis
The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. Interestingly, a trend in the other direction exists on the 30 day timeframe, where price is headed down. If you’re looking to trade the primary trend, this may be a good opportunity to buy dips created by the counter trend. For another vantage point, consider that Ethereum’s price has gone up 17 of the previous 30 trading days.
Overheard on Twitter
Behold! Here are the top tweets related to Ethereum:
- From PaulRBerg:
Sum-up of a convo I had with my bank today:Bank: “What is your usual source of income, Mr. Berg?”Me: “Software engineering. I’m paid in stablecoins – digital dollars that exist on the Ethereum blockchain.”Bank: “If I am right your main source of income is betting/ gambling”
- From HeyTaiZen:
I want everyone to know it’s ok to tell ur friends & colleagues to buy altcoins instead of BTC!In the past we had to buy BTC 1st to buy any altcoins. Now we can buy most major altcoins directly with fiat.I’d start with @ethereum @Cardano & $XTZ so we can @tezos till we Bezos!
- From bitcoin_brown:
So let’s get this right.Every project that has a connection to @Polkadot is a guaranteed win.A lot of solid projects are moving away from #Ethereum to join the #Polkadot ecosystem.All of the above is unfolding in front of you, you still own zero $DOT.When will you learn?
For a longer news piece related to ETH that’s been generating discussion, check out:
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