ETH can go up to $ 400
A well-known trader shared the chart below, noting that the Ethereum price is likely to rise to $ 400. He added that there are some whales that support the cryptocurrency. He does expect the price to fall back a bit before testing the $ 400 limit:
“Medium-term vision. ETH seems to refuse to dump. I expect Ethereum will pick up ETH 2.0 is approaching
Another positive factor is the upcoming launch of ETH 2.0, also known as Serenity. This upgrade will move Ethereum to a Proof Of Stake consensus. The upgrade will also give the network more capacity to combat the scaling problems that we are currently seeing with ETH 1.0.
ETH2 is now approaching developers to roll out a testnet called Spadina. Unfortunately, there were some problems with the testnet:
"While the eth2 clients have generally become quite robust, it has revealed a number of issues, namely cli options, testnet configuration, boot nodes, genesis computation errors."
These bugs can be addressed in the following practice test net, which will be launched in a week or two.liquidity below $ 337 and then test $ 400. “
ETH 2.0 is approaching
Another positive factor is the upcoming launch of ETH 2.0, also known as Serenity. This upgrade will move Ethereum to a Proof Of Stake consensus. The upgrade will also give the network more capacity to combat the scaling problems that we are currently seeing with ETH 1.0.
ETH2 is now approaching developers to roll out a testnet called Spadina. Unfortunately, there were some problems with the testnet:
"While the eth2 clients have generally become quite robust, it has revealed a number of issues, namely cli options, testnet configuration, boot nodes, genesis computation errors."
These bugs can be addressed in the following practice test net, which will be launched in a week or two.
