Will Constantinople Fork be Very Bullish for Ethereum
Hi guys,
Though this year hasn’t been the best one for Ethereum, everything may change in 2019 after a long-awaited Constantinople upgrade.
Constantinople fork that is scheduled for January 2019 is said to be the largest upgrade for the network. Ethereum's Constantinople fork is coming on block 7080000, around January 16, 2019. Constantinople will reduce the block rewards from 3 to 2, decreasing new $ETH supply accordingly.
If
ETHUSD
can break the 150$ resistance, I think, next stop will be 200$ then 350$.
However, the bitcoin status is also very important for ETH.
As you can see in the graph, there is also an increase in ETH volume.
Good luck
Alexander
Though this year hasn’t been the best one for Ethereum, everything may change in 2019 after a long-awaited Constantinople upgrade.
Constantinople fork that is scheduled for January 2019 is said to be the largest upgrade for the network. Ethereum's Constantinople fork is coming on block 7080000, around January 16, 2019. Constantinople will reduce the block rewards from 3 to 2, decreasing new $ETH supply accordingly.
If
ETHUSD
can break the 150$ resistance, I think, next stop will be 200$ then 350$. However, the bitcoin status is also very important for ETH.
As you can see in the graph, there is also an increase in ETH volume.
Good luck
Alexander
Comment:
Comment:
Price between MA 50 and MA100. Now MA 50 will good support. If ETH can break the resistance of MA 100 (also same with downtrend line |red line| ) first stop will be 200$
Trade active
Trade active:
perfectly followed the path
Comment:
my next analysis
