Ethereum (ETH) Down $0.3 Over Past 4 Hours, Entered Today Up For the 7th Day In A Row; in an Uptrend Over Past 14 Days

Ethereum 4 Hour Price Update

Updated July 28, 2020 11:20 AM GMT (07:20 AM EST)

Ethereum closed the last 4 hour candle down 0.09% ($0.3); this denotes the 4th candle in a row a decline has happened. Relative to other instruments in the Top Cryptos asset class, Ethereum ranked 4th since the last 4 hour candle in terms of percentage price change.

Ethereum Daily Price Recap

Ethereum closed yesterday up 3.51% ($10.92); this denotes the 7th day in a row it has gone up. The price move occurred on stronger volume; specifically, yesterday’s volume was up 63.02% from the day prior, and up 636.16% 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 yesterday. Below is a daily price chart of Ethereum.

ETH

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 another vantage point, consider that Ethereum’s price has gone up 9 of the previous 10 trading days.

Overheard on Twitter

Over on Twitter, here were the top tweets about Ethereum:

  • From WLFOFMYST:

    One more point – just to keep it real. The bashing of #Tron started, when people claimed Justin copied $ETH.First – Ethereum is open source – there is no stealing. Second – Zuckerberg actually DID steal shit – and look where he is. Hope everyone has a nice day 😎

  • From PeterZh47977516:

    Spent some time on studying the fee delegation solutions on #Ethereum today. Compared with them, #VeChain’s fee delegation solutions, MPP + VIP191, are way more better in terms of efficiency, usability and cost. It is all because they were directly built in blockchain protocol.

  • From MatiGreenspan:

    So let me get this straight….Just about everyone in crypto is sure that #DeFi is a bubble and most of the projects don’t pass the smell test.Yet, we’re all glad to pump Ethereum to the moon because DeFi is trending right now.That about sum it up?