Ethereum, OmiseGo and Tron – Asian Wrap 11 nov

[ad_2][ad_1]

Ethereum’s 2.0 update could be the catalyst for a new bull run

Data from Dune Analytics reveals that 52,801E TH has been sent to the Ethereum 2.0 deposit agreement in the last few days. This equates to 10% of the 524,000 token threshold required to initiate the upgrade on the mainnet. As the main developers continue to lock their coins into the contract, they are incentivized for a quick launch, which could positively affect pricing.

OmiseGO Price Prediction: OMG faces strong resistance barriers, bears aim to drop below $ 3

After hitting a high of $ 4.11 on September 29, OmiseGO fell sharply to $ 2.77 on November 4. Since then, the price has found good support and has managed to rebound. However, several technical aspects have turned bearish, which does not bode well for the payment platform.

Tron Price Analysis: TRX faces repeated rejections to key resistance

Tron hit a high of $ 0.40 on Sept. 3, TRX fell to $ 0.025 over the next 18 days. Subsequently, the price moved into a narrow channel between $ 0.027 and $ 0.025, facing multiple rejections at the 50-day SMA. Buyers are attempting a comeback on the hourly chart.

.[ad_2]Source link