Ethereum (ETH) Up 5.08%; in an Uptrend Over Past 30 Days

Ethereum Price Recap

275.64 (USD) was the opening price of the day for Ethereum, resulting in yesterday being a day in which price moved up 5.08% from the day prior. The change in price came along side change in volume that was up 46.5% from previous day, but down 58.82% from the Sunday of last week. Relative to other instruments in the Top Cryptos asset class, Ethereum ranked 3rd yesterday in terms of percentage price change. Let’s take a look at price chart of Ethereum.

Ethereum Technical Analysis

Possible trend change alert: Ethereum’s momentum/trend on a 14 day basis may be decelerating. 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 30 day horizon; over that time period, price has been moving up. For additional context, note that price has gone up 20 out of the past 30 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 BTC_Macro:

    Do you guys have any idea how much Ethereum will pump once it REALLY wakes up? It’s gonna be ridiculous, just like last bull run.$ETH is like an index fund of altcoins. Few people understand this.

  • From IamCryptoWolf:

    Ethereum is the opportunity of a lifetime.

  • From JohnCioffoletti:

    The XAG incident was a very important process for #Chainlink to experience. It’s Growth School. #Ethereum has experienced the same in the past and thrived through it. Great teams get Greater. Silver Lining – The $LINK Staking program will become a major focus. #BlockTheNoise

In terms of news links for Ethereum here’s one to try:

Ripple’s Xpring aims to interconnect the XRP Ledger and the Ethereum network | CryptoSlate

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