Ethereum 4 Hour Price Update

Updated August 08, 2020 11:18 AM GMT (07:18 AM EST)

Ethereum closed the previous 4 hours up 2.51% ($9.57); this denotes the 2nd candle in a row it has gone up. Ethereum outperformed all 5 assets in the Top Cryptos asset class since the previous 4 hours. Congrats to its holders!

Ethereum came into today down 3.92% ($15.5) from the open of yesterday, marking the 2nd day in a row a decrease has occurred. The price move occurred on stronger volume; specifically, yesterdays volume was up 59.66% from the day prior, and up 13.99% from the same day the week before. On a relative basis, Ethereum was the worst performer out of all 5 of the assets in the Top Cryptos asset class during yesterday. Below is a daily price chart of Ethereum.

Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving up. For another vantage point, consider that Ethereums price has gone up 10 of the previous 14 trading days.

For laughs, fights, or genuinely useful information, lets see what the most popular tweets pertaining to Ethereum for the past day were:

@Narodism @musalbas @MPtherealMVP @NickSzabo4 So you dislike the aesthetics of some people in the ethereum community (btw Ive never done a burner party, LSD or a sex orgy) therefore ethereum has lost the plot? If I wanted to I could make similar caricatures about the whole rah rah Im manly because I eat steak thing.

I follow a lot of Bitcoin accounts and a lot of Ethereum accounts. Im noticing that currently Ethereum accounts are a bit stronger than Bitcoin accounts. More articulate, more well-versed with the other sides arguments, better at making the other side seem less knowledgeable.

My @discord account was suspended this morning because I sent too many private messages to people that wanted their @poapxyz to recall the @ethereum medalla testnet launch. Please help me making this visible to the discord support team so they know Im no spammer

Link:

Ethereum (ETH) Up $8.22 On 4 Hour Chart, Fares the Worst Out of Top Cryptos to Start the Day; But Still in an Uptrend Over Past 14 Days - CFDTrading