Category: Modern comic book investing
- 9 лет назад
- Время на прочтение:0минута
- от автора Zuk
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Our weekly survey asks a rotating panel of 5 fintech specialists whether they are bullish, bearish or neutral on ETH for the 2 weeks ahead. Our larger quarterly survey, last conducted in late September to early October , asks a panel of 55 industry specialists for their thoughts on how Ethereum will perform over the next decade.
Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Former should disappear by December, latter by next spring — those 2 events will unlock the next legs of the rally. Short-term market uncertainty is one of the main ETH pain points for many panelists. Crypto investors may remain cautious for a few more months or a couple of quarters, but we can expect an active bull market to return as soon as next year.
Usage of DeFi and the demand for blockspace is likely to remain low onwards amid global de-risking and sticky effects post crypto's credit crisis. This is even more the case considering the ongoing conversations around the potential that ETH could be viewed by regulators as a security rather than as a commodity after the transition to proof of stake and this may have a downward impact on the price in the near term.
Waters will be choppy for months to come. When asked this week, 1 was bullish down 1 from last week , 2 were neutral same as last week and 2 were bearish up 1 from last week about the price of ETH for the week of 31 October Five are asked on rotation if they are bullish, neutral or bearish about BTC's price in two weeks' time.
The dates on the chart show the start of the week about which they are asked their opinion. The graph shows the latest sentiment and previous forecasts so you can see how opinion has changed. The indicator is the average of the expanding price range values. This system attempts to measure the strength of price movement in the positive and negative directions using DMI indicators with ADX.
RVI measures the constant deviation of price changes over a period of time. FAQ 1. Ethereum Name Service is an open, distributed, and extensible naming system based on the Ethereum blockchain. According to the recorded achievements of Ethereum Name Service in the past few months, ENS is considered a good investment in It does not interpret as investment advice.

CRYPTO DEBIT CARD USA 2018
It is a leader in terms of the number of developers and growth in transaction volume. Moreover, brand recognition has increased, and the price of Ethereum tokens has appreciated significantly. There are now roughly crypto exchanges processing billions of dollars in transaction volume every single day.
Separate from exchanges, neobanks such as Revolut and established fintech giants like PayPal have joined the cryptocurrency revolution to meet customer needs. Crypto has become more accessible in general, and for Ethereum — as one of the most prominent crypto assets — this is favorable. The upgraded shifted the network from a proof-of-work mechanism to proof-of-stake , eliminating the need for mining. Staked Ethereum tokens now secure the network.
This is a major milestone as part of the Ethereum 2. The weeks leading up to the Merge saw record inflows as investors bought up tokens in anticipation of the upgrade, CoinTelegraph reported. At present, 30 transactions are processed per second on the Ethereum blockchain. A future planned upgrade nicknamed the Surge is expected to grow transaction processing speed to , per second.
Last but not least, a key measure to examine is the crypto fear and greed index. Almost all asset classes declined in the first half of , suggesting a risk-off market is underway. Ethereum transaction volume has been volatile in recent months, possibly due to fears of a retraction in overall consumer spending. Ethereum ETH is projected to be a force to reckon with in the crypto space as analysts and enthusiasts project different and ingenious use cases that have not been thought of.
However, an evident bullish divergence in the weekly RSI chart suggests a strong possibility for price reversal. Thus, this price action reveals the formation of a descending triangle pattern. This technical setup should assist sellers in breaking the aforementioned support and extending the downward spiral.
Conversely, a bullish breakout from the resistance trendline will invalidate the bearish thesis and trigger a new recovery rally. If everything goes according to plan. ETH 2. Q: Which chart pattern is most effective for market reversal or market continuation? These candlestick patterns are not built equally and also do not offer the same degree of accuracy.
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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