Ethereum 4 Hour Price Update

Updated July 22, 2020 11:21 AM GMT (07:21 AM EST)

The choppiness in the recent four-hour candle price action of Ethereum continues; to start the current 4 hour candle, it came in at a price of 243.83 US dollars, up 0.6% ($1.45) since the last 4 hour candle. Relative to other instruments in the Top Cryptos asset class, Ethereum ranked 3rd since the last 4 hour candle in terms of percentage price change.

245.87 (USD) was the opening price of the day for Ethereum, resulting in the previous day being one in which price moved up 4.11% ($9.71) from the previous day. The price move occurred on stronger volume; specifically, yesterdays volume was up 91.7% from the day prior, and up 97.94% from the same day the week before. Out of the 5 instruments in the Top Cryptos asset class, Ethereum ended up ranking 2nd for the day in terms of price change relative to the previous day. Lets take a look at the daily price chart of Ethereum.

Moving average crossovers are always interesting, so lets start there: Ethereum crossed above its 20 day moving average yesterday. The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 14 days Ethereums price has gone down 8 them.

Behold! Here are the top tweets related to Ethereum:

Important,We have just created a test token on the ethereum mainnet for the final stage of our POL testing today -and it will be added to uniswap.I hope this goes without saying, please dont buy a token called TESTTOKEN$TESTTOKENThis token has NO FUTURE. Be warned

If you: are obsessive about crypto (Ethereum in particular) have strong analytical skills know SQL, Git, and maybe some Python want a fun job, 100% remoteplease DM me your resume and/or Github profile

Im going to save you some time : the oracle pb isnt fully solvable the team holds a big % of the supply no staking/penalty system yet its built on ethereum$LINK marines have spent 2 years on twitter discussing those facts.

For a longer news piece related to ETH thats been generating discussion, check out:

Introduction to Building on DeFi with Ethereum and USDC Part 1 | by Coinbase | Jul, 2020 | The Coinbase Blog

That is the function well be calling to get some USDC sent to our account.Read-only functions can be called without creating a transaction and therefore without a transaction fee, unless called as part of a read-write function.Look for gimmeSome again in the contract source code and you will find that the interface is the following: It is a really simple function that does not take in any arguments, and it is marked as external, which means that this function can only be called from outside, and not from other functions within this contract.Create a new file called getTestnetUSDC.js in the src folder and enter the following code: The code first instantiates a contract object (new ethers.Contract) with the interface of the function we are interested in, gimmeSome, and points it at the address of the testnet USDC contract: 0x68ec69c4.Run the code, and now you will see USDC balance as well: Now lets check out how we can spend ETH and USDC we have in our account.Create transferUSDC.js in the same folder and enter the following: Try it out, it should work just as well: In this tutorial, youve learned how to generate an account, query balance, transfer tokens, and call smart contract functions.

Here is the original post:

Ethereum (ETH) Down $0.77 Over Past 4 Hours, Makes Big Move Relative to Two Week Trend; Breaks Above 20 Day Average - CFDTrading