Ethereum | A Short Term Perspective - The Merge Is Coming
Ethereum | A Short Term Perspective
Ethereum Developers have officially confirmed September 6 as the date
of Ethereum long anticipated transition from proof of work to proof of stake already
known as the Merge.
The merge will be split into two upgrades called Bellatrix and Paris.
Bellatrix is timed to occur on September 6 and Paris will be triggered sometime
between September 10 and September 20.
Technical Analysis:
Price already was accumulating bullish volume and the news above just pushed it more.
So for the short-term traders, the targets above are very reasonable as the price will be supported
but this news is a lot.
We should also know that everyone is waiting for the merger and its real effects.
Thank you and Good Luck!
Ethereum Developers have officially confirmed September 6 as the date
of Ethereum long anticipated transition from proof of work to proof of stake already
known as the Merge.
The merge will be split into two upgrades called Bellatrix and Paris.
Bellatrix is timed to occur on September 6 and Paris will be triggered sometime
between September 10 and September 20.
Technical Analysis:
Price already was accumulating bullish volume and the news above just pushed it more.
So for the short-term traders, the targets above are very reasonable as the price will be supported
but this news is a lot.
We should also know that everyone is waiting for the merger and its real effects.
Thank you and Good Luck!
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