Ethereum 4 Hour Price Update
Updated March 19, 2020 05:35 AM GMT (12:35 AM EST)
Ethereum’s 4 four-hour candle positive has officially concluded, as the candle from the previous 4 hours closed down 2.03% ($2.41). Out of the 5 instruments in the Top Cryptos asset class, Ethereum ended up ranking 3rd for the four-hour candle in terms of price change relative to the previous 4 hours.
Ethereum Daily Price Recap
Ethereum closed yesterday up 1.99% ($2.32); this denotes the 2nd day in a row an upward move has occurred. This move happened on lower volume, as yesterday’s volume was down 18.72% from the day before — and down 40.26% 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 🙂 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 7 out of the past 14 days.
Overheard on Twitter
Behold! Here are the top tweets related to Ethereum:
- From gg_vertigo:
📈 Where do you see Ethereum by the end of the week?😣 Currently we are stuck at a low $116, maybe a few people who guess close will get tips
- From econoar:
We’re working hard on building an app store for the Gnosis Multisig. This will allow multisig users to interact with their favorite Ethereum applications straight from the interface.As a multisig user, which apps would you most want to interact with?
- From econoar:
Tomorrow on the podcast is @WhinfreyChris talking about @authereum.I’m really excited about this project and we had a great conversation about the future of Ethereum wallets.
For a longer news piece related to ETH that’s been generating discussion, check out:
In an account-based model, a typical transaction (between accounts A and B) involving the transfer of ethers from one wallet to another works as follows: Ethereum maps all accounts into balances….The state of Ethereum is updated by the addition of each new block….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.