Ethereum 4 Hour Price Update
Updated August 01, 2020 07:18 AM GMT (03:18 AM EST)
Ethereum closed the last 4 hour candle up 0.75% ($2.63); this denotes the 3rd candle in a row it has gone up. 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 last 4 hour candle.
Ethereum Daily Price Recap
Ethereum is up 3.45% ($11.56) since yesterday, marking the 3rd day in a row an upward move has occurred. As for how volume fared, yesterday’s volume was up 19.49% from the previous day (Thursday), and up 22.49% from Friday of the week before. Relative to other instruments in the Top Cryptos asset class, Ethereum ranked 2nd since yesterday in terms of percentage price change. Below is a daily price chart of Ethereum.
Ethereum Technical Analysis
The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. For another vantage point, consider that Ethereum’s price has gone up 12 of the previous 14 trading 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 nkennethk:
i dont usually tweet but i wanted to take time today on @ethereum’s 5th anniversary to appreciate the dreamers, believers, builders, doers, movers, farmers, traders, writers, and even the haters. thank you all it’s been the best 5 years of my life. today, and the future, is yours
- From econoar:
I originally got into Ethereum because I knew decentralized exchanges would be huge and I wanted to be a part of that.Seeing them blow up in popularity the past few months makes me very happy. Sometimes, it takes many years to see a vision realized.Patience is a virtue.
- From joonian:
It’s my last day at CoinDesk and it was a great one to end on. Just in the last week we:
*Assembled a cast of Ethereum faces to talk about five years of the world computer
*Published a (hopefully) funny deepfake
*Used an NFT paywall to hide itFun times, CD fam✌️
As for a news story related to Ethereum getting some buzz:
We are excited to announce that LTO Network is integrating Chainlink’s market leading decentralized oracles to bridge investor accreditation data from the LTO blockchain onto the Ethereum network to be used within smart contracts….Users can publish their certification data (X.509, the basis of HTTPS and SSL) onto the LTO Network and associate this data with a specific Ethereum address….This is done by creating a type 1 association from the address from the RSA key of your SSL EV certificate to your ECDSA address….Although Ethereum is currently the hotbed for DeFi and other dApps, Chainlink provides LTO Network with the ability to securely and reliably bridge accreditation data to any blockchain environment.