RATE Group | Ethereum (ETH) Technical Analysis: ETH Bulls Shaky
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Ethereum (ETH) Technical Analysis: ETH Bulls Shaky

31 Jul Ethereum (ETH) Technical Analysis: ETH Bulls Shaky

Posted at 03:55h in Ethereum News by

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The Ethereum (ETH) blockchain has different user case application and undoubtedly, that what generates value. It’s a proven platform that is secure and investors stand to reap big. At current prices, Ethereum (ETH) is stable, decoupling from BTC influence and likely to sink if at all bulls cannot overcome sellers aiming to reverse July 24 gains.

From the News

  • The Commonwealth Bank of Australia used the Ethereum blockchain for their international shipping and logistics. For demonstrations, they successfully exported and tracked 17 tons of Almonds from Australia to Hamburg, Germany.

 

  • Constantinople will be the next major Ethereum blockchain upgrade after Byzantium whose implementation was done one year ago. Constantinople aims to improve efficiency and most importantly lower the cost of on-chain transaction fees. Full activation would be done in October.