Ethereum (ETH) Down $1.02 in Last 4 Hours, Tops All Top Cryptos to Start the Day; Moves Up For the 2nd Day In A Row

Ethereum 4 Hour Price Update

Updated July 31, 2020 07:19 PM GMT (03:19 PM EST)

The end of a 3 four-hour candle positive run has come for Ethereum, which finished the last 4 hour candle down 0.3% ($1.02). 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 came into today up 5.34% ($16.98) from the open of the day prior, marking the 2nd day in a row an upward move has occurred. The price move occurred on volume that was up 10.68% from the day prior, but down 23.1% from the same day the week before. Ethereum outperformed all 5 assets in the Top Cryptos asset class since the day prior. Let’s take a look at the daily price chart of Ethereum.

Ethereum Technical Analysis

The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. For another vantage point, consider that Ethereum’s price has gone up 17 of the previous 30 trading days.

Overheard on Twitter

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

  • From TrustlessState:

    You mean it’s all #Ethereum? ⟠ ⟠ ⟠ ⟠
    ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠
    ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ 🔫👩‍🚀always has been

  • From TrustlessState:

    I’ve swapped across 30 different assets over the last 2 months and not one of them was #Bitcoin$ETH will be the dominant trading currency this bull cycle Because this bull market belongs to #Ethereum ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠ ⟠

  • From ethereumJoseph:

    Happy 5 years to the #Ethereum Mainnet. I got involved with the @Ethereum project early on because it was the clearest path I had seen toward re-architecting and rebuilding our increasingly strained global systems. I still feel that way today in 2020. #EthTurns5

In terms of news links for Ethereum here’s one to try:

LTO Network Integrating Chainlink Oracles to Bring Accreditation Data to Ethereum dApps

We are excited to announce that LTO Network is integrating Chainlink’s market leading decentralized oracles to bridge investor accreditation data from the LTO blockchain onto the Ethereum network to be used within smart contracts….Users can publish their certification data (X.509, the basis of HTTPS and SSL) onto the LTO Network and associate this data with a specific Ethereum address….This is done by creating a type 1 association from the address from the RSA key of your SSL EV certificate to your ECDSA address….Although Ethereum is currently the hotbed for DeFi and other dApps, Chainlink provides LTO Network with the ability to securely and reliably bridge accreditation data to any blockchain environment.