CryptoTradeSignals

ETHEREUM: MARKET RECOVERY = 13.03% PROFIT!!!

BITFINEX:ETHUSD   Ethereum
Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 25th of April 2018.

Using this buy in point and selling at today's price, you would have expected to net 13.03% PROFIT!!!

The increase in price may also be explained by positive developments including:

March 2: The Liquidity.Network is officially joining Raiden Network as the latest ethereum project to attempt to move transactions off the world's second most valuable blockchain and into payment channels, in turn, allowing the network to support greater adoption and use.

April 4: Central Bank of Russia is considering using its Masterchain blockchain software to transmit SWIFT financial messaging across the Eurasian Economic Union (EAEU)

April 9: Chile announces a project to use ethereum's blockchain as a way to record energy sector statistics.

April 10: Golem gets released on Ethereum's mainnet.

April 26: Parity Technologies issued a statement Thursday stating it has no plans to move forward with a code change (EIP-999) that would result in an ethereum blockchain split. This was equivalent to $260 million USD of Ethereum. This is expected to reduce the supply in the market and keep prices elevated. Furthermore, this reduces uncertainty in the market which has also led to an increase in trading volume.

Ethereum's increase in price is believed to be resulting from an broad based recovery experienced by the entire cryptocurrency market and the positive developments identified above.

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