Ethereum (ETH) Closes Prior Hour Up 0.12%; Heads Up For the 2nd Consecutive Day

The Hourly View for ETH

Last Updated September 15, 2021, 01:017 GMT

At the moment, Ethereum’s price is up $3.98 (0.12%) from the hour prior. This move is a reversal from the hour prior, which saw price move down. Regarding the trend, note that the strongest trend exists on the 20 hour timeframe. Price action traders may also wish to note that we see a pin bar candlestick pattern on Ethereum. Given that we see an uptrend on the 20 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Ethereum Daily Price Recap

Ethereum is up 3.8% ($103.51) since the day prior, marking the 2nd consecutive day an increase has occurred. As for how volume fared, yesterday’s volume was up 55.61% from the previous day (Monday), and up 174.93% from Tuesday of the week before. Ethereum outperformed all 7 assets in the Top Cryptos asset class since the day prior. Let’s take a look at the daily price chart of Ethereum.

ETH

Ethereum Technical Analysis

The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. 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 jimmyjames198:

    BREAKING: Charles Hoskinson, co-founder of Ethereum and CEO of IOHK, attacks and successfully takes down Solana and Arbitrum at the same time. Says “fuck around and find out” as he smokes a cigar and deploys DeFi smart contracts on Cardano.

  • From adamscochran:

    1/2When Sen Warren asked Gensler about high Ethereum fees on decentralized exchanges and if he knew what the fees would have been like on the crash last Tuesday, he replied:”Whatever the exchange has outlined in their user agreement”Not gas, not code. User agreement.

  • From Bitstamp:

    Did you know? 🤔Each Ethereum address that interacted with @Uniswap prior to September 1, 2020 was eligible to claim 400 $UNI tokens for free.That’s now worth more than $9,000 🚀So, what’s the next promising airdrop? 👀Ps.: Talking about airdrops, SGB news coming soon 🤫

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

EY announces integration with Polygon protocol and framework on Ethereum scaling solutions

EY has connected the Polygon public, permissionless commit chain into EY flagship blockchain services including EY OpsChain and EY Blockchain Analyzer….Paul Brody, EY Global Blockchain Leader, says: “Working with Polygon provides EY teams with a powerful set of tools to scale transactions for clients and offers a faster roadmap to integration on the public Ethereum mainnet.