Ethereum 4 Hour Price Update
Updated May 30, 2020 07:20 AM GMT (03:20 AM EST)
Ethereum came into the current 4 hour candle up 4.32% ($9.6) from the open of the previous 4 hours, marking the 5th candle in a row it has gone up. On a relative basis, the previous 4 hours were pretty good: Ethereum bested all 5 of the assets in the Top Cryptos class đ
Ethereum Daily Price Recap
Ethereum is up 0.12% ($0.26) since yesterday, marking the 3rd day in a row it has gone up. The price move occurred on stronger volume; specifically, yesterdayâs volume was up 1.27% from the day prior, and up 10% from the same day the week before. Ethereum outperformed all 5 assets in the Top Cryptos asset class since yesterday. Here is a daily price chart of Ethereum.
Ethereum Technical Analysis
Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving up. For another vantage point, consider that Ethereumâs price has gone up 5 of the previous 10 trading days. As for those who trade off of candlesticks, we should note that weâre seeing pin bar pattern appearing here.
Overheard on Twitter
Behold! Here are the top tweets related to Ethereum:
- From wmougayar:
So, letâs keep it simple. The value of @ethereum is not just derived from Ethereum itself. Itâs more related to whatâs âbuilt on Ethereumâ. When you look around, you will see that 95% of crypto-related innovations and activity has something to do with Ethereum.
- From econoar:
The VC chain lifecycle:đ° âWe will kill Ethereumâ >
đ âjk, we are friendsâ >
đ âyou guys are so meanâ >
đ€Ź âlol, Ethereum is shitâ >
đ âcheck out our mainnetâ >
â ïž âwhere is everyone?â - From bneiluj:
Hey @binance, itâs about $0.35 to send a Ethereum transaction at max speed <20s. But you charge $1.11 fees to send / withdraw a transaction. For 3.3x margin I would expect at least that transaction to shoot through the roof and not take 15minđ
As for a news story related to Ethereum getting some buzz:
Coinbase is running an OMG airdrop for Ethereum holders â Decrypt
Coinbase says it will now provide OMG to all customers who have held Ethereum in their Coinbase accounts since the date of the original airdrop. The news came to light on TwitterâŠ.Because you had ETH on Coinbase at the time of the original airdrop, you are receiving OMG.
