Ethereum 4 Hour Price Update

Updated July 23, 2020 03:20 PM GMT (11:20 AM EST)

Ethereum closed the previous 4 hours up 0.28% ($0.75); this denotes the 2nd candle in a row an increase has occurred. Relative to other instruments in the Top Cryptos asset class, Ethereum ranked 2nd since the previous 4 hours in terms of percentage price change.

Ethereum closed the day prior up 7.5% ($18.45); this denotes the 2nd day in a row an increase has occurred. The price move occurred on stronger volume; specifically, yesterdays volume was up 11.95% from the day prior, and up 85.82% from the same day the week before. Ethereum outperformed all 5 assets in the Top Cryptos asset class since the day prior. Below is a daily price chart of Ethereum.

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 additional context, note that price has gone down 8 out of the past 14 days.

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

Heads up, we are ripping out Whisper from the go-ethereum code base. Will move it into its own repo and archive it for posterity, add some links to current work done by @ethstatus. All in all SHH died a long time ago and theres no point to tiptoe around it. #Ethereum

The Ethereum 2.0 final testnet is set to go live on Aug 4th. If successful, we may see the launch of the Mainnet as early as Nov 4th.Already in June the testnets had over 20,000 validators which is a huge accomplishment.#Ethereum and #DeFi will spark the next bullrun! $ETH

Reminder #VeFam. Sunny Lu believes #VeChain market cap can overtake Ethereum. Ethereums all time high market cap was around $138b. If #VeChain can reach this, it will make each $vet worth around $2.50. All we need is one more bull run and I believe this is a possibility.

In terms of news links for Ethereum heres one to try:

Sunny Lu: VeChain will overtake Ethereum in market capitalisation

The CEO of VeChain (VET), Sunny Lu, spoke in an interview with Boxmining about the rivalry with Ethereum, the competition from big tech companies and the mass adaptation of VeChain.Lu replied that he always pays full respect to Ethereum and Vitalik, but this is also one of his goals: Well, I wont stop until we get there.However, according to the CEO, this is not a major threat as VeChain has been on the market for nearly four years and is leading the industry with its technology: No, not really.Ultimately, the market is big enough, and VeChain has its advantages even over large tech companies: Generally speaking, I am not really worried about that kind of situation because right now the market is like so big.

Originally posted here:

Ethereum (ETH) Up $19.7 Over Past 4 Hours, Outperforms All Top Cryptos to Start the Day; Came Into Today Up For the 2nd Day In A Row - CFDTrading