Ethereum Price Recap
Ethereum is up 6.42% since yesterday, marking day in a row an increase has occurred. The price move occurred on volume that was down 25% from the day prior, but up 37.24% 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 🙂 Below is a price chart of Ethereum.
Ethereum Technical Analysis
Volatility for Ethereum has exploded over the past two weeks relative to the past 30 days, which technical traders will want to note. Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. For additional context, note that price has gone up 12 out of the past 14 days.
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 themooncarl:
#Ethereum is going crazy 👀
- From SatoshiFlipper:
Looks like Tezos is positioning itself to capture the entire STO market. If that’s the case, it will be to STO’s what #Ethereum is to ICO’s.It “can” go another 5-10x in this bull market. #Ethereum exploded in a similar fashion.
- From BenDiFrancesco:
Really great piece of nuance from @VitalikButerin tonight on distinction between Bitcoin & Ethereum valuesWhereas Bitcoin primarily values individualism, i.e. every man for himself, Ethereum is about seeking new ways to coordinate human cooperation, i.e. DAOs & other structures
As for a news story related to Ethereum getting some buzz:
Trending: Advertise Here or Hide Ads Advertise Here or Hide Ads Ethereum Classic (ETC) is up 160 percent YTD….According to the company’s tweet, there are currently 2.17 million addresses holding a balance in Ethereum Classic….IntoTheBlock data showed that Ethereum Classic had a 30-day average active address ratio of 2.76 percent….None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article.