Ethereum on the Rise? - Good News for GODcoin Investors

godcoin (58)in #crypto-news • 6 years ago (edited)

Last month, it was announced that with the incredible work from GODcoin's CTO, Samuel Grenier, GODcoin launched an ERC20 token and is offering smart contracts on the Ethereum Blockchain! Check out more information from that announcement here. Through the trusted network and ease of trade, it makes it an ideal condition for investors. The only problem is, Ethereum has gone down in price since May of this year, but according to this article, there is a good probability Ethereum is back on the rise.

Sandeep Singh Ahluwalia, the author of the article, has an MSc Finance and BSc Economics Finance Banking from Portsmouth University. He gives the following reasons why he believes Ethereum will be gaining more momentum in the near future.

The Austrian government shall be auctioning off government bonds worth $1.35 billion using Ethereum.

Google next month shall recommence cryptocurrency related-advertising.

Seventy-five financial multinationals shall be adopting the JPMorgan’s Cryptographic Quorum as a platform for the development of their financial business.

BTC.com is offering miners an Ethereum API and block explorer.

Source

The cryptocurrency's daily chart indicates that Ethereum shall be having a bullish reversal, which shall result in its value rising in the coming days. I expect this due to the formation of an internal day candle pattern. This pattern psychology indicates to traders that the bulls have gained the upper hand and that the bears are losing confidence. However, we may have two to three days of sideways movement before a strong bullish rally can commence. Moreover, the internal day candle pattern attained further bullish confirmation due to it forming between the 78.6% and 100% fibonacci support levels. The 78.6% support level is $222.75, whilst, the 100% support level is at $215.06.

If you are interested in more details, you can view the article. This, however, presents a great opportunity to buy GODcoin and as Ethereum rises, the time to invest in GODcoin using Ethereum will help investors gain more! If you wish to purchase GODcoin using Ethereum, you can transfer Ethereum to our smart contract at 0x1071E563DEC99740AeD8acEcB12Dc228d769d565.

The ERC20 token can be added to your Ethereum wallet. When adding a custom token to your wallet, ensure it is configured to use 18 decimals and GODcoin is your symbol. We still accept Bitcoin and fiat options, and if you need more info, visit our purchase link at https://godcoin.gold/ico/

This article was authored by Judith Monte, @belovebelight

There are many advantages to GODcoin especially since it is one of the few coins that will be backed by gold and silver. Not only does GODcoin offer the illuminated path towards a prosperous future, but very soon, it will be the global currency. To learn more, visit the following links:

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