Ethereum is a key altcoin to monitor this week as it approaches the Fusaka upgrade, scheduled to go live on December 3. This marks its second major upgrade of the year following Pectra and aims to strengthen the network’s long-term scalability.
Fusaka is designed to help Ethereum support high transaction throughput from layer-2 chains by implementing 12 Ethereum Improvement Proposals. The upgrade could lift ETH from its $2,814 support level toward $3,000. Reclaiming that level is essential for a push toward $3,131 and a broader recovery.
If bearish momentum continues and Ethereum reacts negatively to the ongoing Death Cross indicated by its EMAs, ETH may lose support. A fall below $2,814 could send the price toward $2,681, invalidating the bullish thesis and signaling deeper downside risk.
Fusaka is designed to help Ethereum support high transaction throughput from layer-2 chains by implementing 12 Ethereum Improvement Proposals. The upgrade could lift ETH from its $2,814 support level toward $3,000. Reclaiming that level is essential for a push toward $3,131 and a broader recovery.
If bearish momentum continues and Ethereum reacts negatively to the ongoing Death Cross indicated by its EMAs, ETH may lose support. A fall below $2,814 could send the price toward $2,681, invalidating the bullish thesis and signaling deeper downside risk.
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Leader in crypto news, award winning journalism in 26 languages.
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.