Ethereum (ETH) Up $1.84 On 4 Hour Chart; Entered Today Down 7.75%

By March 23, 2020 Ethereum
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Ethereum 4 Hour Price Update

Updated March 23, 2020 05:35 AM GMT (01:35 AM EST)

Ethereum’s 5 four-hour candle negative has officially concluded, as the candle from the last 4 hour candle closed up 1.5% ($1.84). 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 Daily Price Recap

Ethereum is down 7.75% ($10.28) since the previous day, marking the 3rd day in a row a decline has happened. The change in price came along side change in volume that was down 1.39% from previous day, but up 1041346709.4% from the Sunday of last week. Out of the 5 instruments in the Top Cryptos asset class, Ethereum ended up ranking 4th for the day in terms of price change relative to the previous day. Here is a daily price chart of Ethereum.

Ethereum Technical Analysis

The clearest trend exists on the 30 day timeframe, which shows price moving down over that time. For another vantage point, consider that Ethereum’s price has gone down 5 of the previous 10 trading days.

Overheard on Twitter

Behold! Here are the top tweets related to Ethereum:

  • From udiWertheimer:

    Israeli government is seriously considering postponing/cancelling daylight savings, which is supposed to go into effect in 5 days, because they think it will encourage people to stay homeYou can’t cancel daylight savings with a 5 days notice you plebs, this isn’t Ethereum

  • From open_ledger:

    $ETH is a store of value (digital gold), a medium of exchange (currency), the energy that powers the #ethereum network (gas), the equity that controls the network (PoS), and so much more. It is a multi-dimensional asset unlike any we’ve seen before.

  • From AlexMasmej:

    This week a senior engineer at an Ethereum killer told me:”Ethereum is just 20-something technologists, they don’t have cryptography experience nor a database engineering past”Yet this is precisely how innovation happens: young beginner minds thinking from first principles.

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

In this post, let’s build a simple ‘Hello World!’ application which is a Voting application….The goal is not to just code an application but to learn the process of compiling, deploying and interacting with it….Unlike in the web world where every deploy of your code overwrites the old code, deployed code in the blockchain is immutable….Now let’s compile the code and deploy it to ganache blockchain….You first create a contract object (deployedContract) which is used to deploy and initiate contracts in the blockchain….We use the web3 deploy function along with send to deploy the contract to the blockchain.

Updated March 23, 2020 05:35 AM GMT (01:35 AM EST)

Ethereum’s 5 four-hour candle negative has officially concluded, as the candle from the last […]

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