Ethereum (ETH) closes last hour with a minus of USD -10.47; Heads up for the third day in a row, price basis in formation in the last 90 days

The hours view for ETH

Last updated on June 30, 2021 02:017 GMT

At the time of this writing, the price of Ethereum is down $ 10.47 (-0.48%) from the previous hour. It was a feast for bears operating on an hourly scale as Ethereum is now down 4 of the last 5 hours. As for the trend in the hourly timeframe, we see that clearest trend in the 100-hour period. It is noteworthy that the 20-hour direction has been changed at ETH; it is now facing down. The moving averages on the hourly time frame indicate a bearish price as the 20, 50, 100, and 200 are all in a bearish alignment – meaning that the shorter duration moving averages are below the longer duration averages, which is for you indicating a stable downtrend.

Summary of the daily price of Ethereum

Ethereum is up 5.07% ($ 100.47) since the previous day, on the 3rd day in a row, there has been an upward movement. The price change was accompanied by a change in volume, up 19.73% from the previous day but down 52.58% from Tuesday last week. Ethereum has outperformed all 7 assets in the Top Cryptos asset class since the previous day. Let’s take a look at Ethereum’s daily price chart.

Technical analysis of Ethereum

Trend traders will want to find out that the strongest trend appears on the 30th day Horizon; During this period the price has gone down. Also noteworthy is that the price appears to be basing on a 90 day basis – which could set the stage for it to be a support / resistance level in the future. Or to see things differently, note that the price of Ethereum has increased by 6 in the past 10 days.

Heard on Twitter

On Twitter, here were the top tweets about Ethereum:

• Of ChartChampions:

  If you want my $ ETH video to be posted on YouTube today hit the likes and retweets to the moon and a new all time high !!!!!
  ETH is really going to make $ 85,000 life changing sums ?? !!!? !! You don’t want to miss that! 📈📈📈📈📈📈
  #Ethereum #BTC

• Of nystorageking:

  🚨IMPORTANT COMPETITION NOTICE🚨
  THANKS to @plumb_matthews for donating $ 1 BILLION eMax Tokens to show the community the love! Here’s the catch: BY 9:00 PM EST, this tweet must have 300 RTs, then we’ll pick 1 lucky winner. Don’t forget to turn on the #eMax AMA and follow @Ethereum_Max

• Of RyanWatkins_:

  There are many reasons why Ethereum could be more widespread than Bitcoin. The most underrated reason, however, is that Ethereum offers a progressive vision that is likely to appeal to more people and better captures the zeitgeist of our time.

A longer news article about ETH that sparked discussions can be found at:

Mad Money’s Jim Cramer switches from Bitcoin to Ethereum – says “it’s more of a currency” – Bitcoin News

by
Kevin Helms
Mad Money host Jim Cramer bought ether after throwing out almost all of his bitcoins. The Mad Money host said last week that he would buy Bitcoin again if the price fell to the $ 10,000 mark.