Ethereum in the gaming space

[Bitcrypto]

There are some interesting developments about using Ethereum in the gaming space. Gods Unchained, the first competitive e-sports project on Ethereum with backing from Coinbase, is now live. Gods Unchained co-founder Robbie Ferguson believes the decision to launch the game on the Ethereum main chain was the right step for his parent company Fuel Games.

Link: Ethereum price prediction: the near-term prospect

If this happened, then ETH will be unstoppable. Buy more

 

[The CC Forums]

What do we forecast for Ethereum's price in the near term? Here are our thoughts based on the major technical indicators:

• MACD is in the bullish zone. MACD (moving average convergence divergence) is a trend-following momentum indicator that shows the relationship between two moving averages of prices. MACD is calculated by subtracting the 26-day EMA (exponential moving average) from the 12-day EMA;
• RSI (relative strength indicator) is currently above the 50 level (trending towards overbought). RSI compares the magnitude of recent gains and losses over a specified time period to measure speed and change of price movements of a security;
• A new major support level is forming at $471.
• A new major resistance level is forming at $455.

Over the last 30 days, ETH.X lost -8.11%, which is 17.01 percentage points lower than the 30-day return of Bitcoin (BTC.X).