Ethereum (ETH) Up $0.9 in Last 4 Hours, Fares the Worst Out of Top Cryptos to Start the Day; Started Today Down 0.51%


Ethereum 4 Hour Price Update

Updated March 22, 2020 05:35 AM GMT (01:35 AM EST)

Ethereum enters the current 4 hour candle at 133.73 in US dollars, up 0.68% ($0.9) from the last 4 hour candle. 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 came into today down 0.51% ($0.68) from the open of yesterday, marking the 2nd day in a row it has gone down. The change in price came along side change in volume that was down 59.13% from previous day, but up 5.62% from the Saturday of last week. Those trading within the Top Cryptos asset class should know that Ethereum was the worst performer in the class during yesterday. Below is a daily price chart of Ethereum.

Ethereum Technical Analysis

Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving down. For additional context, note that price has gone down 5 out of the past 10 days. And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well. Rejoice!

Overheard on Twitter

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

  • From cryptunez:

    your wife left because you bought ethereum at $1000

  • From LucasCosolo:

    I’m trying to collect #Ethereum tokens. Have you any #ERC20 coins you don’t want, or to share with me, so I can learn more about it?0x9f4D4A602C9Eb564E5e25d26853D54e356af100EThanks ? @coinkit_ mon 1 100 $tzc

  • From gualestrit:

    ?Resumen SemanalDow Jones -17.3%
    S&P 500 -15.0%
    Nasdaq -12.6%
    Russell 2k -16.3%
    CBOE VIX +14.2%EUR/USD -3.98%
    USD/JPY +3.16%
    GBP/USD -5.72%Bitcoin +3.7%
    Litecoin -7.9%
    Ethereum -11.3%
    Ripple -7.4%Crudo WTI -26.4%
    Oro -1.8%

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

Ethereum miner shifts focus to Covid-19 – Asia Times

Venturo noted that Folding@home has been used to contribute to breakthroughs in the creation of other important drugs.  “Their research had profound impacts on the development of front-line HIV defense drugs, and we are hoping our [computing power] will aid in the fight against coronavirus,” Venturo said….Instead of one research firm alone using a massive computer to do research, Folding@home uses the computing power of anyone who wants to participate from around the world – even if it’s just a single laptop with a little unused computing power to spare….Venturo urges other GPU miners to join the cause.  Even without these calls for participation, though, miners of other cryptocurrencies are already independently taking action.

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