Ethereum (ETH) Down $1.01 Over Past 4 Hours, Moves Up For the 3rd Day In A Row; in a Downtrend Over Past 14 Days

Ethereum 4 Hour Price Update

Updated March 20, 2020 05:35 AM GMT (01:35 AM EST)

The end of a 5 four-hour candle positive run has come for Ethereum, which finished the last 4 hour candle down 0.74% ($1.01). Relative to other instruments in the Top Cryptos asset class, Ethereum ranked 3rd since the last 4 hour candle in terms of percentage price change.

Ethereum Daily Price Recap

Ethereum came into today up 15.24% ($18.08) from the open of the day prior, marking the 3rd day in a row an upward move has occurred. The price move occurred on volume that was up 106.94% from the day prior, but down 68.72% from the same day the week before. Relative to other instruments in the Top Cryptos asset class, Ethereum ranked 2nd since the day prior in terms of percentage price change. Let’s take a look at the daily price chart of Ethereum.

Ethereum Technical Analysis

The clearest trend exists on the 14 day timeframe, which shows price moving down over that time. For additional context, note that price has gone up 5 out of the past 10 days.

Overheard on Twitter

Behold! Here are the top tweets related to Ethereum:

  • From justinsuntron:

    @VitalikButerin I am watching closely if @eth_classic overtakes @ethereum it would be a strong demonstration that decentralization and immutable quality of the blockchain really matters. 😍

  • From Timccopeland:

    Here’s what you need to know about crypto:- Bitcoin is important, but you won’t understand until you’ve flirted with some altcoins.
    – Ethereum is like a complicated Bitcoin, you can do more but it’s more risky.
    – XRP is definitely not Ripple. But kind of is.

  • From RippleRiddler1:

    The coronavirus pandemic will accelerate crypto adoption.
    People will no longer manipulate the dirty and infected paper money \U0001f9a0Projects that will drive crypto adoption:Ethereum $ETH
    Chainlink $LINK
    Unibright $UBT
    Vechain $VER
    XRP $XRPI am loading my bags 💰

For a longer news piece related to ETH that’s been generating discussion, check out:

Ethereum Classic Labs Announces the EVM-LLVM Alpha Release

This new infrastructure marks a fundamental milestone in the evolution of smart contract development that will enable developers to use a larger variety of programming languages to target the EVM and also benefit from LLVM’s mature tooling ecosystem of debugging, validator, static analysis, and more….EVM LLVM is a compiler backend for the smart contract engine EVM….ETC Core’s compiler development lead, Alan Li, has called for community participation in the creation of new smart contract languages, porting and using existing LLVM-based analysis, validation, debugging, or optimization tools for easier, safer, future-proof smart contract development.