Digital Currency Past Present Future - Ethereum is Getting Ready for a Breakout

in #bitcoin7 years ago

Ethereum is preparing for another run to its next ATH. And this time, it could be massive.

Looks like Devcon3 and the Metropolis hard fork are paying off - earlier than expected. October and half of November have been uneventful for Ether as its price hovered in the $300 - $350 range. It broke its silence though on the 23rd of November when it began to climb and reach new highs almost every day. Since yesterday, it's been amassing gas to prepare for a much steeper climb. We'll see what the next high or highs would be but from here until the next hard fork in early 2018, it could be a fantastic ride for Ether.

Of course, triangles could either go down or go up so always wait for the breakout! See also previous post At $460, Ethereum is Still Undervalued for more information.

Disclosure: I do not intend to provide investment advice through this article and does not represent that the securities or services discussed are suitable for any investor. Investors are advised not to rely on any information contained in the article in the process of making a fully informed investment decision.

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