Will History Repeat...?
Since the Ethereum system is an environment suitable for the creation of many new software, it is the system where many new coins that emerge later are traded. In the system where the Initial Coin Offerings, called ICO, to launch a new coin, collect massive funds before it is launched, funds are made with Ether, the currency value of the Ethereum system. Thus, the Ethereum system acts as a system that allows new crypto currencies to enter circulation.
Defi projects, Non-Fungible Tokens (NFL) projects, most of the altcoins in the market are in blockchain. the long-awaited uptrend has begun. This rise will accelerate especially after ETH 2.0.
In order to increase the performance of the Ethereum blockchain network and ensure its adoption by wider circles, the update process, in which radical changes will be made in the mainnet, is called Ethereum 2.0
Ethereum 2.0 will come with the biggest innovations, Proof of Work (Work Proof) is operated by the consensus algorithm mainnet, Proof of Stake will pass algorithm.
Unlike the previous move, it is gaining value against Bitcoin ( BTC ).
I think history will repeat. The uptrend, which started $ 48.39 on 23/04/2017, ended with $ 1432.88 on 13/01/2018. There was an increase of 2960%. The upward trend is in the form of 5 waves. The first two waves are distinct and the other three waves are formed slightly uncertainly upright. I started thinking that the same characteristic would repeat. $ 827 is the first resistance, $ 973 is the second resistance, $ 1215 is the third resistance, $1432 historical resistance points. These resistance points will be overcome in this uptrend. We will start talking at ETH $ 2000 levels in the spring. Ethereum ( ETH ) time has come. As I always say, listen to everyone, decide for yourself…
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