Ethereum 4 Hour Price Update
Updated July 29, 2020 03:20 AM GMT (11:20 PM EST)
Ethereum closed the last 4 hour candle down 0.2% ($0.64); this denotes the 3rd candle in a row a decrease has occurred. Those trading within the Top Cryptos asset class should know that Ethereum was the worst performer in the class during the last 4 hour candle.
Ethereum Daily Price Recap
Ethereum is down 1.53% ($4.92) since the previous day, marking a reversal from the day prior — and the end of a 7 day positive run. The price move occurred on volume that was down 46.1% from the day prior, but up 107% from the same day the week before. On a relative basis, Ethereum was the worst performer out of all 5 of the assets in the Top Cryptos asset class during the previous day. The daily price chart of Ethereum below illustrates.
Ethereum Technical Analysis
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 8 out of the past 10 days.