The Shapella update, which has been expected for weeks, took place successfully at night, how did the update affect Ethereum?
Ethereum has realized shapella With the update, it has overcome one of the toughest steps of this year. The update that took place on epoch 194.048, successfully completed.Update, Shanghai it got its name from the execution layer of the network, while Capella got its name from the consensus. The update, which was expected with great interest in recent weeks, ETH ) brought fluctuating price movements behind it. How did ETH, whose volatility increase as the upgrade time approaches, display a pricing?
Ethereum (ETH) Price Actions
As the Shapella update approaches, the crypto market increased trading volume was evident in ETH pricing . The leader of altcoins, who first tested the weekly opening price, took the bullish flag It came up to the level of 1932 dollars. I. Increased volatility and selling pressure at that level, It brought a 1.87 percent drop in ETH price.After this pricing, it was seen that buyers were more active.
ETH, which is currently moving above the daily opening price, It must clearly exceed $ 1940 in order to show big rises. followable. able to start in the downtrend, the levels of 1880 – 1849 and 18290 dollarscan be observed as a support.
