Ethereum (ETH) Up $1.26 Over Past 4 Hours, Fares the Worst Out of Top Cryptos to Start the Day; Came Into Today Down For the 3rd Day In A Row -…

Ethereum 4 Hour Price Update

Updated July 12, 2020 01:36 AM GMT (09:36 PM EST)

Ethereum entered the current 4 hour candle at $239.32, up 0.53% ($1.26) from the last 4 hour candle. Relative to other instruments in the Top Cryptos asset class, Ethereum ranked 4th since the last 4 hour candle in terms of percentage price change.

Ethereum is down 0.81% ($1.96) since yesterday, marking the 3rd day in a row it has gone down. This move happened on lower volume, as yesterdays volume was down 45.9% from the day before and down 13.53% from the same day the week before. Those trading within the Top Cryptos asset class should know that Ethereum was the worst performer in the class during yesterday. Lets take a look at the daily price chart of Ethereum.

Notably, Ethereum is now close to its 20 and 50 day moving averages, which may act as price barrier for the asset. 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. For additional context, note that price has gone down 19 out of the past 30 days.

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

The Grayscale Ethereum Trust is down 72% from its June high, and looks like its headed back to its March low. If the Grayscale Bitcoin Trust also revisits its March low, thats a 48% drop from here. The chart pattern doesnt look good for the trust. Drop #Bitcoin and buy #gold.

Almost everything is at ATHs on Ethereum ~Assets~Stablecoins $8BValue in DeFi $2.2BDAI $186MBTC $135MTokenized Real Estate $2.1M~Network~Avg Daily Network Fees $0.7MWeekly DEX Volume $500MDeFi Users 250kHow long until ETH joins the party?

Big Love for Mona Coin in Japan, the cat meme quite comparable to #DOGE coin. Crypto assets for physical transactions in March became available. Look at Mona coin vs ETH! Monacoin (#MONA) 359.6 Billion yenEthereum (#ETH) 26.89 Billion yen(Toto, were not in Kansas anymore)

In terms of news links for Ethereum heres one to try:

TrustSwap | Trusted transactions on the Ethereum Blockchain

TrustSwap for the entire crypto market TrustSwaps system will allow ANY token on ANY blockchain to integrate with the TrustSwap ecosystem, and beyond, by providing a wrapping service which converts any token into an ERC20 at a 1:1 ratio.SERVICESThe Site allows you to participate in the token sale and use other services available on the Site (hereinafter the Service).The Company makes these links available to you for providing the functionality or Services on the Site.We need certain personal data in order to provide you with access to the Site, provide our services (as defined in our Terms and Conditions), or enter into the Token Sale Agreement.The Company undertakes a sale (hereinafter the Sale) of the TrustSwap token or SWAP (hereinafter the Token).By acquiring Token you agree that the Company shall not be required to give you a refund, account reset or other access to Token and the Company shall not be liable to you for any damage or loss in the context of your inability to access Token.