- Ethereum scaling solutions are on the horizon with the Constantinople hard fork and the activation of the Raiden Network.
- Ethereum now needs to break above significant resistance at $155 to head higher.
- Support moving forward: $138.29, $127.85, $119.39, $110.94, $100, $98.91, $91.74, $84.03.
- Resistance moving forward: $150, $155.12, $171.94, $180.57, $190.83, $197.73, $200, $205.55.
Latest Ethereum News
It is a fresh new year for Ethereum. 2018 was a rough year for the majority of the cryptocurrency industry and Ethereum was no exception as the market hit a low of $84 in December 2018.
However, the outlook is looking positive for the Ethereum network as the development team gears up for their long-awaited Constantinople hard fork.
The Constantinople upgrade will be one of the main driving components to help ease the transition from a PoW algorithm to a much more eco-friendly PoS algorithm.
The hard fork is set for block #7080000, slated for around January 16, 2018. To find out…