Ethereum 4 Hour Price Update
Updated September 15, 2020 11:19 PM GMT (07:19 PM EST)
Ethereum is down 0.09% ($0.34) since the last 4 hour candle, marking the 3rd consecutive candle a decrease has occurred. Out of the 5 instruments in the Top Cryptos asset class, Ethereum ended up ranking 2nd for the four-hour candle in terms of price change relative to the last 4 hour candle.
Ethereum Daily Price Recap
The back and forth price flow continues for Ethereum, which started today off at 377.24 US dollars, up 2.98% ($10.91) from the day prior. The change in price came along side change in volume that was up 2.54% from previous day, but down 26.95% from the Monday of last week. Relative to other instruments in the Top Cryptos asset class, Ethereum ranked 2nd since the day prior in terms of percentage price change. The daily price chart of Ethereum below illustrates.
Ethereum Technical Analysis
The first thing we should note is that Ethereum is now close to its 20 and 50 day averages, located at 385.72 and 387.77 respectively, and thus may be at a key juncture along those timeframes. The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. It should be noted, though, that a trend in the opposite direction, going down, exists on the 30 day timeframe. So if you expect the primary trend to resume, the counter trend may be providing an opportunity to buy dips. Or to view things another way, note that out of the past 30 days Ethereum’s price has gone up 18 them.
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 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?
In terms of news links for Ethereum here’s one to try:
IMPORTANT: ONLY PARTICIPATE IN THE TOKEN SALE THROUGH OUR WEBPAGE….Click on Create Token and copy the following token contract address into the form.