ETHEREUM Instanbul Hardfork is scheduled to activate on 4th Dec. ETHEREUM had recorded 80% price growth before the last hard fork update in the early year. Expecting something similar price action this time as well.
Looking at technicals:
- ETHUSD has formed a bull flag on the daily timeframe, the price has also formed a triple bottom at 152.5$. - Golden cross formation(21MA+50MA) on the daily timeframe. - MACD is bullish and indicating bullish continuation.