RATE Group | Ethereum Dumps Again, Will Another Upgrade Effect ETH Prices?
73140
wp-singular,post-template-default,single,single-post,postid-73140,single-format-standard,wp-theme-bridge,wp-child-theme-bridge-child,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Ethereum Dumps Again, Will Another Upgrade Effect ETH Prices?

24 Dec Ethereum Dumps Again, Will Another Upgrade Effect ETH Prices?

Posted at 11:35h in Ethereum News by

[ad_1]

Fundamentally Ethereum has had a solid year. Granted, development has been a little delayed with certain aspects but it is the largest dApp and smart contract platform in the world so this is to be expected. Another hard fork is due in less than two weeks, but will ETH prices finally react?

Ethereum Dumps Again

Crypto markets have taken another hit today and as usual Ethereum has taken more punches than the rest. According to Tradingview.com ETH has slid from $135 back into the $125 region in a 6.5% decline.

Ethereum

The move has mirrored Bitcoin’s failure to break resistance and sent Ethereum back towards its nine month low. The new level of resistance at $135 has been too much for ETH bulls to overcome and the crypto asset is looking to end the year lower than it began.

Ethereum has taken the biggest hit in the top ten in what could be a final capitulation in what has been a two year bear market.

There has been a lot of FUD and tribalism on crypto twitter towards Ethereum, largely because it…

[ad_2]

Source link