ATTMO

ETH - Up or Down Post Dencun Upgrade?

Long
BITSTAMP:ETHUSD   Ethereum
The highly awaited implementation of Ethereum’s Dencun upgrade just happened. It will not only drastically cut the Ethereum blockchain’s transaction costs (gas fees), but also optimize data storage. Read more about the upgrade’s positive implications for users, developers and the Ethereum ecosystem as a whole here.

The price of Ether rose 0.8 percent to $4,058 over the past 24 hours.

The bullish sun continues to shine over large parts of the global crypto market, including Bitcoin and Ether, in the next 24 hours and week. This signals further upside potential, according to ATTMO. Avalanche bucks this positive trend and will face bearish clouds or downside risks in the 24 hours ahead.

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