Ethereum (ETH) Up $0.36 On 4 Hour Chart, Started Today Up 0.25%; Pin Bar Pattern Appearing on Chart

Ethereum 4 Hour Price Update

Updated July 30, 2020 03:19 PM GMT (11:19 AM EST)

318.38 (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 up 0.11% ($0.36) from the last 4 hour candle. Those trading within the Top Cryptos asset class should know that Ethereum was the worst performer in the class during the last 4 hour candle.

Ethereum Daily Price Recap

The choppiness in the recent daily price action of Ethereum continues; to start today, it came in at a price of 318.27 US dollars, up 0.25% ($0.8) since yesterday. The change in price came along side change in volume that was down 20.46% from previous day, but up 47.08% from the Wednesday of last week. Out of the 5 instruments in the Top Cryptos asset class, Ethereum ended up ranking 3rd for the day in terms of price change relative to 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 14 day horizon; over that time period, price has been moving up. Or to view things another way, note that out of the past 30 days Ethereum’s price has gone up 16 them. And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well. Rejoice!

Overheard on Twitter

Behold! Here are the top tweets related to Ethereum:

  • From IslandHunting:

    This month I have:- Bought an S&P 500 option
    – Earned interest at 750%
    – Borrowed money for free
    – Made markets
    – Provided liquidity
    – Traded on margin
    – Made a USD business loan payment
    – Joined a new farming DAO community
    – And much more!All on Ethereum, only on Ethereum

  • From NewsM101:

    The Ethereum/Bitcoin scammers are still hacking channels. If you receive an e-mail ordering you to install any software to record a promo for a video in order to sponsor you, DON’T DO IT.
    It will install a keylogger and therefore make your accounts easy to access.

  • From QWQiao:

    BTC maxis should be grateful for the innovative DeFi experiments happening on Ethereum brining attention to crypto.ETH maxis should be grateful for Bitcoin because the vast majority of yield in DeFi comes from speculative activities in Bitcoin.Everyone wins.

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

pLTC launches on mainnet!. pLTC has today launched on Ethereum… | by Provable Things | Provable | Jul, 2020 | Medium

LTC is the native cryptocurrency of the Litecoin blockchain….With pLTC, users mint their own tokens by depositing LTC via the custom pTokens DApp….You can easily mint your own pLTC using the custom DApp — Deposit your tokens by sending LTC to the blockchain address shown.