Ethereum 4 Hour Price Update

Updated July 24, 2020 03:20 PM GMT (11:20 AM EST)

274.74 (USD) was the opening price of the four-hour candle for Ethereum, resulting in the last 4 hour candle being one in which price moved down 0.23% ($0.62) from the last 4 hour candle. Out of the 5 instruments in the Top Cryptos asset class, Ethereum ended up ranking 4th for the four-hour candle in terms of price change relative to the last 4 hour candle.

Ethereum closed yesterday up 4.29% ($11.33); this denotes the 3rd day in a row an increase has occurred. The price move occurred on stronger volume; specifically, yesterdays volume was up 111.68% from the day prior, and up 174.82% from the same day the week before. Ethereum outperformed all 5 assets in the Top Cryptos asset class since yesterday. Congrats to its holders! Lets take a look at the 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 another vantage point, consider that Ethereums price has gone up 6 of the previous 10 trading days.

Behold! Here are the top tweets related to Ethereum:

At the end of the day my name is Ethereum Jack because I have been buying its cyclic bottom to make myself more Bitcoin and so far it has been exactly doing thatIf youre a true #Bitcoin maximalist you dont pass up on such opportunities

Some BTC maximalists are making fun of ETH gas prices, but when you say the same thing about BTC blocks being full and fees going up, then they say thats Satoshis vision to have full blocks.Is Ethereum fulfilling Satoshis vision better than bitcoin?

@JaEsf @AFDudley0 @austingriffith @badcryptobitch @dannyryan @DZack23 @ercwl @gakonst @gluk64 @hasufl @haydenzadams @hudsonjameson @jadler0 @mhswende @musalbas @peter_szilagyi @_prestwich @samczsun @tayvano_ @VitalikButerin @wekabot tbh I mostly work on Ethereum now because it does everything I want. The eureka when I was designing an atomic swap protocol for gambling on a hard fork. It took me 3 months in Bitcoin to design (no impl) vs 1 day in Ethereum (with a working solidity contract).

As for a news story related to Ethereum getting some buzz:

eth2 quick update no. 13 | Ethereum Foundation Blog

I want to give a quick update on the eth1+eth2 merger progress and to give a huge shout-out to Mikhail (TXRX) and Guillaume (geth) for their excellent work.The high level on the client relationship can be found here; a more detailed scope of the merger discussed by Mikhail is here; and a discussion of the architecture of a geth based eth1-engine (called Catalyst) by Guillaume is here.Guillaumes Catalyst a version of geth which defers its consensus to RPC calls (i.e. an eth2 client) is built and ready to go; and Mikhails Phase 1 implementation is running fully sharded eth2 simulations with select shards deferring block production and validity calls to a local, stubbed eth1-engine.

Originally posted here:

Ethereum (ETH) Down $0.45 in Last 4 Hours, Tops All Top Cryptos to Start the Day; Moves Up For the 3rd Day In A Row - CFDTrading