Ethereum Price Recap

Ethereum is up 0.91% since yesterday, marking day in a row it has gone up. The price move occurred on volume that was down 14.19% from the day prior, but up 111.62% from the same day the week before. Relative to other instruments in the Top Cryptos asset class, Ethereum ranked 2nd yesterday in terms of percentage price change. Let’s take a look at 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 simplify this another way, note that out of the past 14 days Ethereum’s price has gone up 11 them. Also, candlestick traders! Note we see Pin Bar

Overheard on Twitter

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

• From econoar:
  

  Ethereum development is so insane right now.Multiple times in the past months I’ve thought to myself how cool a certain product would be and someone randomly launches it the next week.

• From ChainlinkBull:
  

  Bitcoin grew fast Ethereum grew fasterChainlink will grow the fastest

• From econoar:
  

  Ethereum is a growing snowball rolling downhill right now that can’t be stopped:-DeFi growth and product launches
  -Eth2 testnets and imminent launch
  -Real privacy solutions on mainnet
  -L2 breakthroughs with rollups
  -Bad UX being abstracted away by smart contract wallets

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

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The post Ethereum (ETH) Up 0.91%; Pin Bar Pattern Appearing on Chart appeared first on CFDTrading.